Filing Details

 

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)

 

NextNav Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☑ Rule 13d-1(c)

☐ Rule 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).

 

Page 1 of 5

SCHEDULE 13G  

 

CUSIP No.		65345N106				Page 2 of 5 Pages
1	NAME OF REPORTING PERSON CCUR Holdings, Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (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 5,095,085
			6	SHARED VOTING POWER 4,145,498(1)
			7	SOLE DISPOSITIVE POWER 5,095,085
			8	SHARED DISPOSITIVE POWER 4,145,498 (1)
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,240,583 (1)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.3%(1)
12	TYPE OF REPORTING PERSON
	CO

 

(1)

Represents (i) 4,145,498 shares of common stock, par value $0.0001 per share (“Issuer common stock”), of NextNav Inc. (the “Issuer”) held by Spartacus Sponsor, LLC (the “Sponsor”) and (ii) 1,205,000 shares of Issuer common stock held by CCUR Holdings, Inc. The aggregate amount beneficially owned includes 3,890,085 warrants that are exercisable for 3,890,085 shares of Issuer common stock issuable upon the exercise or conversion of warrants. MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. are the managing members of the Sponsor. As such, each of MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. has voting and investment discretion with respect to the Issuer common stock held of record by Sponsor and may be deemed to share beneficial ownership of such shares. MILFAM CI LLC SPARTACUS is controlled by MILFAM CI Management LLC, which is owned and controlled by Neil Subin. CCUR Holdings, Inc. is controlled by its board of directors.

Item 1(a). Name of Issuer

 

NextNav Inc.

 

Item 1(b). Address of Issuer’s Principal Executive Offices

 

1775 Tysons Blvd., 5th Floor

McLean, Virginia 22102

 

Item 2(a). Name of Person(s) Filing

 

CCUR Holdings, Inc.

 

Item 2(b). Address of Principal Business Office or, if none, Residence

 

3800 N Lamar Blvd

Suite 200

Austin, TX 78756

 

Item 2(c). Citizenship

 

Delaware

 

Item 2(d). Title of Class of Securities

 

Common stock, $0.0001 par value per share.

 

Item 2(e). CUSIP Number

 

65345N106

 

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:

 

Not Applicable, this statement is filed pursuant to 13d-1(c).

 

Item 4.

Ownership:

 

The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page, including footnote 1, for the Reporting Person hereto and is incorporated herein by reference for such Reporting Person.

 

The percentage is based upon 95,475,334 shares of common stock issued and outstanding as of October 28, 2021 as reported by the Issuer on its Current Report on Form 8-K filed with the Securities and Exchange Commission on October 28, 2021.

 

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 or Control Person:

 

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:

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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: November 8, 2021

 

 

 

	CCUR HOLDINGS, INC.
	By:	/s/ Igor Volshteyn
	Name:	Igor Volshteyn
	Title:	President and CEO