13D Filing: Billionaire Wilbur Ross and Nexeo Solutions Inc. (NASDAQ:NXEO)

Page 2 of 5 – SEC Filing

CUSIP No. 65342H102
1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
WL Ross Sponsor LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO, PF
5
CHECK 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 shares
8
SHARED VOTING POWER
2,280,860  shares (1)
9
SOLE DISPOSITIVE POWER
0 shares
10
SHARED DISPOSITIVE POWER
2,280,860  shares (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,280,860 shares
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6% (2)
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
(1) WL Ross & Co. LLC is the managing member of WL Ross Sponsor LLC. 1,481,699 shares of Issuer’s Common Stock are directly held by WLRS Fund I LLC, of which WL Ross Sponsor LLC is a member with shared dispositive power over such shares with First Pacific Advisors, LLC, and a representative of WL Ross Sponsor LLC is the manager of WLRS Fund I LLC with sole voting power over such shares. The remaining 799,161 shares of the Issuer’s Common Stock are directly held by WL Ross Sponsor LLC. Accordingly, WL Ross & Co. LLC and WL Ross Sponsor LLC may be deemed to share voting and dispositive power over the 2,280,860 shares of the Issuer’s Common Stock held by WL Ross Sponsor LLC and WLRS Fund I LLC.
(2) Based on 89,286,936 shares of the Issuer’s Common Stock, issued and outstanding as of February 3, 2017, based on information reported by the Issuer in its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on February 9, 2017.

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