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On December 21, 2023, William Bennett Nance, Jr., the CEO and board member of Global Gas Corporation, filed a Schedule 13D with the SEC, disclosing the acquisition of a significant stake in the company. Nance now beneficially owns 3,440,000 shares of Class A Common Stock, representing approximately 38.8% of the class, which he has the right to acquire within 60 days through the exchange of Class B Common Stock. This transaction is part of a broader business combination that occurred on the same date, involving Global Gas Corporation and Global Hydrogen Energy LLC, with Nance and other sellers receiving 'Paired Interests' in exchange for their Global Hydrogen Units. The Paired Interests can be exchanged for cash or Class A Common Stock post-lockup period. The Schedule 13D filing also outlines agreements related to board nomination rights and registration rights, as well as indemnification agreements for directors and executive officers. Nance's acquisition is for investment purposes, and he may engage in discussions about the company's operations and governance, potentially influencing its corporate activities.
On December 21, 2023, William Bennett Nance, Jr., the CEO and board member of Global Gas Corporation, filed a Schedule 13D with the SEC, disclosing the acquisition of a significant stake in the company. Nance now beneficially owns 3,440,000 shares of Class A Common Stock, representing approximately 38.8% of the class, which he has the right to acquire within 60 days through the exchange of Class B Common Stock. This transaction is part of a broader business combination that occurred on the same date, involving Global Gas Corporation and Global Hydrogen Energy LLC, with Nance and other sellers receiving 'Paired Interests' in exchange for their Global Hydrogen Units. The Paired Interests can be exchanged for cash or Class A Common Stock post-lockup period. The Schedule 13D filing also outlines agreements related to board nomination rights and registration rights, as well as indemnification agreements for directors and executive officers. Nance's acquisition is for investment purposes, and he may engage in discussions about the company's operations and governance, potentially influencing its corporate activities.
2023年12月21日，环球天然气公司首席执行官兼董事会成员小威廉·贝内特·南斯向美国证券交易委员会提交了附表13D，披露了对该公司大量股份的收购。南斯现在实益拥有3440,000股A类普通股，约占该类别的38.8％，他有权在60天内通过交易B类普通股收购这些股票。该交易是同日进行的更广泛业务合并的一部分，涉及环球天然气公司和全球氢能有限责任公司，Nance和其他卖方获得 “配对权益” 以换取其全球氢能单位。锁定期后，配对权益可以兑换成现金或A类普通股。附表13D文件还概述了与董事会提名权和注册权相关的协议，以及董事和执行官的赔偿协议。南斯的收购是出于投资目的，他可能会参与有关公司运营和治理的讨论，这可能会影响其公司活动。
2023年12月21日，环球天然气公司首席执行官兼董事会成员小威廉·贝内特·南斯向美国证券交易委员会提交了附表13D，披露了对该公司大量股份的收购。南斯现在实益拥有3440,000股A类普通股，约占该类别的38.8％，他有权在60天内通过交易B类普通股收购这些股票。该交易是同日进行的更广泛业务合并的一部分，涉及环球天然气公司和全球氢能有限责任公司，Nance和其他卖方获得 “配对权益” 以换取其全球氢能单位。锁定期后，配对权益可以兑换成现金或A类普通股。附表13D文件还概述了与董事会提名权和注册权相关的协议，以及董事和执行官的赔偿协议。南斯的收购是出于投资目的，他可能会参与有关公司运营和治理的讨论，这可能会影响其公司活动。
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