Sec Form 13G Filing - CGA SPONSOR 2 LLC filing for CORNER GROWTH ACQUISITION CORP. 2 (TRON) - 2024-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 1)*

 

 

 

Corner Growth Acquisition Corp. 2
(Name of Issuer)

  

 

 

Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)

 

 

  

G2426E104
(CUSIP Number)

 

 

  

December 31, 2023
(Date of Event Which Requires Filing of this Statement)

 

Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed:

 

¨Rule 13d-1(b)

 

¨Rule 13d-1(c)

 

xRule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

1. 

Names of Reporting Persons

 

CGA Sponsor 2, LLC

 

2. 

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a) ¨ (b) ¨

 

3.  SEC Use Only
4. 

Citizenship or Place of Organization

 

Delaware

 

 

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5. 

Sole Voting Power

 

0

 

6. 

Shared Voting Power

 

9,425,000(1)

 

7. 

Sole Dispositive Power

 

0

 

8. 

Shared Dispositive Power

 

9,425,000(1)

 

 

9. 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,425,000(1)

 

10.  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11. 

Percent of Class Represented By Amount in Row (9)

 

83.5%(2)

 

12. 

Type of Reporting Person (See Instructions)

 

OO

 

 

(1) Represents (i) 4,475,000 shares of Class A Common Stock (“Class A Shares”) and (ii) 4,950,000 private placement warrants to purchase an equal number of Class A Shares at $11.50 per share, which will become exercisable 30 days after the completion of the Issuer’s initial business combination (“Private Placement Warrants”).

 

(2) Calculated based upon 6,335,214 Class A Shares outstanding as of November 13, 2023, as reported in the Issuer’s Form 10-Q filed November 13, 2023, as increased by 4,950,000 issuable in respect of an equal number of Private Placement Warrants.

 

 

 

 

1.

Names of Reporting Persons

 

John J. Cadeddu

 

2. 

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a) ¨ (b) ¨

 

3.  SEC Use Only
4. 

Citizenship or Place of Organization

 

United States

 

 

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5. 

Sole Voting Power

 

0

 

6. 

Shared Voting Power

 

9,425,000(1)

 

7. 

Sole Dispositive Power

 

0

 

8. 

Shared Dispositive Power

 

9,425,000(1)

 

 

9. 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,425,000(1)

 

10.  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11. 

Percent of Class Represented By Amount in Row (9)

 

83.5%(2)

 

12. 

Type of Reporting Person (See Instructions)

 

IN

 

 

(1) Represents (i) 4,475,000 Class A Shares and (ii) 4,950,000 Private Placement Warrants.

 

(2) Calculated based upon 6,335,214 Class A Shares outstanding as of November 13, 2023, as reported in the Issuer’s Form 10-Q filed November 13, 2023, as increased by 4,950,000 issuable in respect of an equal number of Private Placement Warrants.

 

 

 

 

1. 

Names of Reporting Persons

 

Marvin Tien

 

2. 

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a) ¨ (b) ¨

 

3.  SEC Use Only
4. 

Citizenship or Place of Organization

 

United States

 

 

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5. 

Sole Voting Power

 

0

 

6. 

Shared Voting Power

 

9,425,000(1)

 

7. 

Sole Dispositive Power

 

0

 

8. 

Shared Dispositive Power

 

9,425,000(1)

 

 

9. 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,425,000(1)

 

10.  Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11. 

Percent of Class Represented By Amount in Row (9)

 

83.5%(2)

 

12. 

Type of Reporting Person (See Instructions)

 

IN

 

 

(1) Represents (i) 4,475,000 Class A Shares and (ii) 4,950,000 Private Placement Warrants.

 

(2) Calculated based upon 6,335,214 Class A Shares outstanding as of November 13, 2023, as reported in the Issuer’s Form 10-Q filed November 13, 2023, as increased by 4,950,000 issuable in respect of an equal number of Private Placement Warrants.

 

 

 

 

Item 1(a). Name of Issuer
   
  Corner Growth Acquisition Corp. 2 (the “Issuer”)
   
Item 1(b). Address of the Issuer’s Principal Executive Offices
   
  251 Lytton Avenue, Suite 200
Palo Alto, CA 94301
   
Item 2(a). Names of Persons Filing
   
 

This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

 

(i)             CGA Sponsor 2, LLC

(ii)            John T. Cadeddu

(iii)           Marvin Tien

 

Item 2(b). Address of the Principal Business Office, or if none, Residence
   
  251 Lytton Avenue, Suite 200
Palo Alto, CA 94301
   
Item 2(c). Citizenship
   
  See responses to Item 4 on each cover page.
   
Item 2(d). Title of Class of Securities
   
  Class A ordinary shares
   
Item 2(e). CUSIP Number
   
  G2426E104
   
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):
   
  Not Applicable
   
Item 4. Ownership

 

(a)Amount beneficially owned:
 See responses to Item 9 on each cover page.

 

(b)Percent of Class:
See responses to Item 11 on each cover page.

 

(c)Number of shares as to which the Reporting Person has:

 

(i)Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.

 

(ii)Shared power to vote or to direct the vote:
 See responses to Item 6 on each cover page.

 

(iii)Sole power to dispose or to direct the disposition of:
 See responses to Item 7 on each cover page.

 

(iv)Shared power to dispose or to direct the disposition of:
 See responses to Item 8 on each cover page.

 

The securities reported herein are held directly by CGA Sponsor 2, LLC (the “Sponsor”). John Cadeddu and Marvin Tien control the Sponsor and, as such, share voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have shared beneficial ownership of the reported securities. The filing of this Statement shall not be construed as an admission that any of the Reporting Persons beneficially own the reported securities.

 

 

 

Item 5. Ownership of Five Percent or Less of a Class
   
  Not Applicable.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
  Not Applicable.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   
  Not Applicable.
   
Item 8. Identification and Classification of Members of the Group
   
  Not Applicable.
   
Item 9. Notice of Dissolution of Group
   
  Not Applicable
   
Item 10. Certification
   
  Not Applicable.

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2024

 

  CGA Sponsor 2, LLC
   
  By: /s/ Marvin Tien
  Name: Marvin Tien
  Title: Authorized Signatory
   
   
  /s/ John T. Cadeddu
  John T. Cadeddu
   
   
  /s/ Marvin Tien
  Marvin Tien

 

 

 

 

EXHIBIT LIST

 

Exhibit A Joint Filing Agreement, dated as of February 11, 2022, incorporated by reference to the Schedule 13G filed February 11, 2022.