Filing Details

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 1)*

 

NextNav, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value

(Title of Class of Securities)

65345N106

(CUSIP Number)

May 23, 2022

(Date of Event Which Requires Filing of this Statement)

 

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

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x 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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

 

 

SCHEDULE 13G

 

CUSIP No. 65345N106

 

1	Names of Reporting Persons
	Future Fund Board of Guardians
2	Check the appropriate box if a member of a Group (see instructions)
	(a)  ¨ (b)  ¨
3	SEC Use Only
4	Citizenship or Place of Organization
	Australia
Number of Shares Beneficially Owned by Each Reporting Person With:		5	Sole Voting Power
			0
		6	Shared Voting Power
			4,800,000 (1)
		7	Sole Dispositive Power
			0
		8	Shared Dispositive Power
			4,800,000 (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person
	4,800,000 (1)
10	Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
	¨
11	Percent of class represented by amount in row (9)
	4.97% (2)(3)
12	Type of Reporting Person (See Instructions)
	OO

 

(1) Consists of 4,800,000 shares of common stock held of record by The Northern Trust Company in its capacity as custodian for Future Fund Investment Company No.3 Pty Ltd, which is a wholly owned subsidiary of Future Fund Board of Guardians.

(2) Based on the quotient obtained by dividing (a) the number of shares of common stock beneficially owned by the Reporting Person as set forth in Row 9 by (b) the 96,571,000 shares of common stock outstanding as of May 9, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended March 31, 2022 filed with the Securities and Exchange Commission on May 12, 2022.

(3) Each share of common stock is entitled to one vote per share.

 

 

CUSIP No. 65345N106

 

1	Names of Reporting Persons
	Future Fund Investment Company No.3 Pty Ltd (ACN 134 338 882)
2	Check the appropriate box if a member of a Group (see instructions)
	(a)  ¨ (b)  ¨
3	SEC Use Only
4	Citizenship or Place of Organization
	Australia
Number of Shares Beneficially Owned by Each Reporting Person With:		5	Sole Voting Power
			0
		6	Shared Voting Power
			4,800,000 (1)
		7	Sole Dispositive Power
			0
		8	Shared Dispositive Power
			4,800,000 (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person
	4,800,000 (1)
10	Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
	¨
11	Percent of class represented by amount in row (9)
	4.97% (2)(3)
12	Type of Reporting Person (See Instructions)
	CO

 

(1) Consists of 4,800,000 shares of common stock held of record by The Northern Trust Company in its capacity as custodian for Future Fund Investment Company No.3 Pty Ltd, which is a wholly owned subsidiary of Future Fund Board of Guardians.

(2) Based on the quotient obtained by dividing (a) the number of shares of common stock beneficially owned by the Reporting Person as set forth in Row 9 by (b) the 96,571,000 shares of common stock outstanding as of May 9, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended March 31, 2022 filed with the Securities and Exchange Commission on May 12, 2022.

(3) Each share of common stock is entitled to one vote per share.

 

 

Item 1.

(a)	Name of Issuer:

 

NextNav, Inc.

 

(b)	Address of Issuer’s Principal Executive Offices:

1775 Tysons Blvd., 5th Floor, McLean, VA 22102

 

Item 2.

(a)	Name of Person Filing:

 

Future Fund Board of Guardians

Future Fund Investment Company No.3 Pty Ltd (ACN 134 338 882)

 

The Reporting Persons have entered into a Joint Filing Agreement which was previously filed as Exhibit 99.1 to the Schedule 13G filed with the SEC on November 8, 2021.

 

(b)	Address of Principal Business Office or, if None, Residence:

 

Level 14, 447 Collins Street, Melbourne, Victoria, 3000, Australia

 

(c)	Citizenship:

 

Australia

 

(d)	Title and Class of Securities:

 

Common Stock, $0.0001 par value per share

 

(e)	CUSIP No.:

 

65345N106

 

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

Item 4.

Ownership

 

(a)	Amount Beneficially Owned: 4,800,000

(b)	Percent of Class: 4.97%

(c)	Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote: 0

(ii)

Shared power to vote or to direct the vote: 4,800,000

 

 

(iii)

Sole power to dispose or to direct the disposition of: 0

(iv)

Shared power to dispose or to direct the disposition of: 4,800,000

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

 

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.

Future Fund Investment Company No.3 Pty Ltd holds, indirectly through The Northern Trust Company, a company incorporated in the State of Illinois, in its capacity as custodian for the Reporting Person, the ownership interest reported herein in NextNav, Inc.

 

By virtue of Future Fund Board of Guardians being the parent of Future Fund Investment Company No.3 Pty Ltd, Future Fund Board of Guardians may be deemed to share beneficial ownership of the shares beneficially held by Future Fund Investment Company No.3 Pty Ltd.

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certifications.

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: May 26, 2022

 

Executed by Future Fund Board of Guardians by:
/s/ Cameron Price		/s/ Kylie Yong
Signature of Authorised Signatory		Signature of Authorised Signatory
Cameron Price		Kylie Yong
Name of Authorised Signatory		Name of Authorised Signatory
Executed by Future Fund Investment Company No.3 Pty Ltd (ACN 134 338 882) by its attorney under power of attorney dated 10 July 2019 (who, by signing, confirms they have received no notice of revocation of that power):
/s/ Kylie Yong
Attorney Signature
Kylie Yong
Print Name
May 26, 2022
Date