Amended Statement of Beneficial Ownership (sc 13d/a)
January 19 2023 - 5:26PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Pioneer
Merger Corp. |
(Name
of Issuer) |
Class A
Ordinary Shares, par value $0.0001 per share |
(Title
of Class of Securities) |
G7S24C
103 |
(CUSIP
Number) |
667 Madison Avenue, 19th Floor
New York, New York, 10065
212-803-9080 |
(Name,
Address and Telephone Number of Person
Authorized to Receive Notices and Communications) |
January 17,
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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 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 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 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.
G7S24C 103 |
SCHEDULE
13D/A |
Page 2
of 6 |
1 |
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pioneer Merger Sponsor, LLC |
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) ¨ |
3 |
SEC
USE ONLY |
|
4 |
SOURCE OF FUNDS
AF |
|
5 |
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
☐ |
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
9,942,500(1) |
9 |
SOLE DISPOSITIVE POWER
0 |
10 |
SHARED
DISPOSITIVE POWER
9,942,500(1) |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,942,500(1) |
|
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
o |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%(2) |
|
14 |
TYPE OF REPORTING PERSON
OO |
|
(1) Represents 9,942,500 Class A Shares
issuable upon conversion of an equal number of Class B Shares, provided that, in connection with the Issuer’s liquidation, all
Class A Shares were redeemed and, after giving effect to the Issuer’s de-listing and de-registration, the Class B Shares beneficially
owned by the Reporting Person will no longer be convertible into registered securities.
(2) After giving effect to the redemption
on January 17, 2023, none of the Issuer’s Class A Shares remained outstanding. Pursuant to Rule 13d-3, the Reporting Person’s
beneficial ownership percentage would technically be 100%; provided that, after giving effect to the Issuer’s delisting
and deregistration, the Reporting Person’s filing obligations will cease.
CUSIP No.
G7S24C 103 |
SCHEDULE
13D/A |
Page 3
of 6 |
1 |
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rick Gerson |
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) ¨ |
3 |
SEC
USE ONLY |
|
4 |
SOURCE OF FUNDS
AF |
|
5 |
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
US Citizen |
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE
VOTING POWER
0 |
8 |
SHARED VOTING POWER
9,942,500(1) |
9 |
SOLE
DISPOSITIVE POWER
0 |
10 |
SHARED DISPOSITIVE POWER
9,942,500(1) |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,942,500(1) |
|
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
o |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%(2) |
|
14 |
TYPE OF REPORTING PERSON
IN |
|
(1) Represents 9,942,500 Class A Shares issuable upon conversion
of an equal number of Class B Shares, provided that, in connection with the Issuer’s liquidation, all Class A Shares were redeemed
and, after giving effect to the Issuer’s de-listing and de-registration, the Class B Shares beneficially owned by the Reporting
Person will no longer be convertible into registered securities.
(2) After giving effect to the redemption
on January 17, 2023, none of the Issuer’s Class A Shares remained outstanding. Pursuant to Rule 13d-3, the Reporting Person’s
beneficial ownership percentage would technically be 100%; provided that, after giving effect to the Issuer’s delisting
and deregistration, the Reporting Person’s filing obligations will cease.
CUSIP No.
G7S24C 103 |
SCHEDULE
13D/A |
Page 4
of 6 |
1 |
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alpha Wave Global, LP |
|
2 |
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) ¨ |
3 |
SEC
USE ONLY |
|
4 |
SOURCE OF FUNDS
AF |
|
5 |
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
☐ |
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
0 |
9 |
SOLE
DISPOSITIVE POWER
0 |
10 |
SHARED
DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 |
|
12 |
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |
o |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0% |
|
14 |
TYPE OF REPORTING PERSON
IA, PN |
|
CUSIP No.
G7S24C 103 |
SCHEDULE
13D/A |
Page 5
of 6 |
Item 1. Security and Issuer.
This Amendment No. 3 (this “Amendment
No. 3”) to Schedule 13D amends the Schedule 13D filed on February 17, 2021 (the “Original Schedule 13D,” and as
amended by Amendment No. 1 filed on June 2, 2021 and Amendment No. 2 filed on January 21, 2022 , the “Schedule 13D”)
and relates to the Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”) of Pioneer
Merger Corp., a Cayman Islands corporation (the “Issuer”). The address of the Issuer’s principal executive offices
is 667 Madison Avenue, 19th Floor, New York, NY 10065. Except as specifically amended by this Amendment No. 3, the Schedule
13D remains in full force and effect. Capitalized terms used but not otherwise defined herein shall have the respective meanings previously
ascribed to them in the Schedule 13D.
As set forth below, as a result of the transactions
described herein, in connection with the Issuer’s liquidation, each of the Reporting Persons will cease to be the beneficial owner
of more than five percent of the Shares after giving effect to the de-listing and de-registration of the Issuer’s shares.
Item 2, Identity and Background.
Item 2(b) of the Schedule 13D is hereby amended and restated as follows:
(b) The address of the principal business office of the Reporting
Persons and Alpha Wave GP is 667 Madison Avenue, 19th Floor, New York, NY 10065.
Item 5. Interest in Securities of the Issuer
Item 5(a-c) and (e) of the Schedule 13D is hereby amended and restated
as follows:
(a-c) On January 12, 2023, the Nasdaq Stock Market LLC filed a Form
25. On January 17, 2023, the Issuer redeemed all of its outstanding Class A Ordinary Shares for
approximately $10.13 per share (the “Redemption”), and, on January 23, 2023, the Issuer expects to file a Form 15, in order
to delist and deregister the Class A Ordinary Shares. Pursuant to the Redemption, the 4,450,000 Class A Shares beneficially held by Alpha
Wave were redeemed and Alpha Wave ceased to beneficially own any equity securities of the Issuer. As a result of the Redemption and after
effectiveness of the de-listing and de-registration of the Issuer’s Shares, the Reporting Persons will no longer have voting or
dispositive power over any registered equity securities of the Issuer. Other than as described herein, the Reporting Persons
have not affected any transactions in the Class A Ordinary Shares during the past 60 days.
(e) As
a result of the Redemption and after giving effect to the de-listing and de-registration of the Issuer’s Shares, the Reporting
Persons will cease to be the beneficial owner of more than five percent (5%) of the Class A Ordinary Shares, effective as of April
23 2023.
CUSIP No.
G7S24C 103 |
SCHEDULE
13D/A |
Page 6
of 6 |
SIGNATURE
After reasonable inquiry
and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete
and correct.
Dated: January 19, 2023
|
PIONEER MERGER
SPONSOR LLC |
|
By: |
/s/
Rick Gerson |
|
Name: |
Rick Gerson |
|
Title: |
Managing Member |
|
/s/
Scott Carpenter |
|
Name: |
Scott Carpenter |
|
Title: |
Authorized Signatory |
|
/s/
Rick Gerson |
|
Rick Gerson |
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