AI assistant
NEXTNAV INC. — Major Shareholding Notification 2023
Jan 30, 2023
31677_mrq_2023-01-30_70b0a7e4-818c-4dd7-a3af-d21ae774e229.zip
Major Shareholding Notification
Open in viewerOpens in your device viewer
SC 13D/A 1 nextnav13da.htm Submission Documents Licensed to: 2004 Document created using EDGARfilings PROfile 8.4.0.0 Copyright 1995 - 2023 Broadridge
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
|---|
| SCHEDULE 13D |
| Under the Securities Exchange Act of 1934 (Amendment No. 1)* |
| NEXTNAV INC. |
| (Name of Issuer) |
| Common Stock, $0.0001 par value per share |
| (Title of Class of Securities) |
| 65345N 106 |
| (CUSIP Number) |
| Donald A. Doering C/O COLUMBIA CAPITAL 204 SOUTH UNION STREET ALEXANDRIA, VA 22314 703-519-2000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communication) |
| January 30, 2023 (Date of Event which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
*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).
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital Employee Investors IV, L.P. | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 86,652 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 86,652 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 86,652 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 0.1% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| PN |
(1) The percentage used herein and in the rest of this Schedule 13D/A is calculated based upon 106,384,109 shares of the Issuer’s common stock, par value $0.0001 per share (“Common Stock”), outstanding as of November 4, 2022, as reported in the Issuer’s Quarterly Report on Form 10-Q for the period ending September 30, 2022.
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital Equity Partners IV (QPCO), L.P. | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 1,054,794 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 1,054,794 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 1,054,794 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 1.0% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| PN |
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital Equity Partners IV (ECI), LTD | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Cayman Islands | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 8,572,962 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 8,572,962 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 8,572,962 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 8.1% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| OO |
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital Equity Partners IV (QP), L.P. | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 8,572,962 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 8,572,962 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 8,572,962 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 8.1% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| PN |
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital Equity Partners IV, L.P. | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 9,627,756 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 9,627,756 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 9,627,756 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 9.0% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| PN |
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| Columbia Capital IV, LLC | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☒ |
| (b) ☐ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 9,714,408 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 9,714,408 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 9,714,408 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 9.1% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| OO |
CUSIP No. 65345N 106 SCHEDULE 13D/A
| 1 | NAMES OF REPORTING PERSONS | |
|---|---|---|
| James B. Fleming, Jr. | ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ |
| (b) ☒ | ||
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS (See Instructions) | |
| OO | ||
| 5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ |
| None | ||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware | ||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER |
| -0- | ||
| 8 | SHARED VOTING POWER | |
| 9,714,408 | ||
| 9 | SOLE DISPOSITIVE POWER | |
| -0- | ||
| 10 | SHARED DISPOSITIVE POWER | |
| 9,714,408 | ||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 9,714,408 | ||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ☐ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 9.1% (1) | ||
| 14 | TYPE OF REPORTING PERSON (See Instructions) | |
| IN |
EXPLANATORY NOTE
This Amendment No. 1 (this “Amendment No. 1”) to Schedule 13D relates to the common stock, $0.0001 par value per share (the “Common Stock”), of NextNav Inc. (the “Issuer”), and amends and supplements the initial statement on Schedule 13D filed on November 8, 2021 (the “Original Schedule 13D”). Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Original Schedule 13D. Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Original Scheduled 13D.
This Amendment No. 1 is being filed to reflect the change in percentage of beneficial ownership held by the Reporting Persons as a result of an increase in outstanding shares of Common Stock of the Issuer, which had the effect of decreasing all Reporting Person’s beneficial ownership, and decreasing CCEP IV, CCIV, and Mr. Fleming’s ownership by greater than 1% of the outstanding shares from that which was previously reported.
Item 5. Interest in Securities of the Issuer
Items 5(a) and (b):
Items 5(a) – (b) are hereby amended and restated to read as follows:
The responses of each of the Reporting Persons with respect to Rows 7 through 13 of the respective cover pages of the individual Reporting Persons to this Schedule 13D are incorporated herein by reference.
Each of the Reporting Persons expressly disclaims beneficial ownership of all of the shares of Common Stock included in this Amendment No. 1, other than the shares of Class A Common Stock held of record by such Reporting Person, and the filing of this Schedule 13D shall not be construed as an admission that any such person is, for the purposes of sections 13(d) or 13(g) of the Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this Amendment No. 1.
Items 5(c) is hereby amended and restated to read as follows:
The Reporting Persons have not effected any transactions in the Common Stock during the past 60 days.
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: January 30, 2023
| Columbia Capital Employee Investors IV, L.P. | |
|---|---|
| By: | Columbia Capital IV, LLC |
| Its: | General Partner |
| By: | /s/ Donald A. Doering |
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
| Columbia Capital Equity Partners IV, L.P. | |
|---|---|
| By: | Columbia Capital IV, LLC |
| Its: | General Partner |
| By: | /s/ Donald A. Doering |
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
| Columbia Capital Equity Partners IV (QPCO), L.P. | |
|---|---|
| By: | Columbia Capital Equity Partners IV, L.P. |
| Its: | General Partner |
| By: | Columbia Capital IV, LLC |
| Its: | General Partner |
| By: | /s/ Donald A. Doering |
|---|---|
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
| Columbia Capital Equity Partners IV (QP), L.P. | |
|---|---|
| By: | Columbia Capital Equity Partners IV, L.P. |
| Its: | General Partner |
| By: | Columbia Capital IV, LLC |
| Its: | General Partner |
| By: | /s/ Donald A. Doering |
|---|---|
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
| Columbia Capital Equity Partners IV (ECI), LTD | |
|---|---|
| By: | Columbia Capital Equity Partners IV (QP), L.P. |
| Its: | Sole Shareholder |
| By: | Columbia Capital Equity Partners IV, L.P. |
| Its: | General Partner |
| By: | Columbia Capital IV, LLC |
|---|---|
| Its: | General Partner |
| By: | /s/ Donald A. Doering |
|---|---|
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
Columbia Capital IV, LLC
| By: | /s/ Donald A. Doering |
|---|---|
| Name: | Donald A. Doering |
| Title: | Executive Vice President |
James B. Fleming
By: /s/ James B. Fleming