Filing Details
- Accession Number:
- 0000902664-23-000068
- Form Type:
- 13G Filing
- Publication Date:
- 2023-01-05 19:00:00
- Filed By:
- Brahman Capital
- Company:
- Bluescape Opportunities Acquisition Corp.
- Filing Date:
- 2023-01-06
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Brahman Capital Corp | 0 | 1,301,152 | 0 | 1,301,152 | 1,301,152 | 17.58% |
| Brahman Management | 0 | 1,092,049 | 0 | 1,092,049 | 1,092,049 | 14.76% |
| Robert J. Sobel | 0 | 1,301,152 | 0 | 1,301,152 | 1,301,152 | 17.58% |
| Mitchell A. Kuflik | 0 | 1,301,152 | 0 | 1,301,152 | 1,301,152 | 17.58% |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| | |
| SCHEDULE 13G | |
| | |
| Under the Securities Exchange Act of 1934 | |
| (Amendment No. )* | |
| Bluescape Opportunities Acquisition Corp. | |
| (Name of Issuer) | |
| Class A Ordinary Shares, par value $0.0001 per share | |
| (Title of Class of Securities) | |
| G1195N105 | |
| (CUSIP Number) | |
| December 31, 2022 | |
| (Date of event which requires filing of this statement) | |
| Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed: | |
| ¨ | Rule 13d-1(b) |
| ¨ | Rule 13d-1(c) |
| ý | Rule 13d-1(d) |
| (Page 1 of 10 Pages) | |
______________________________
*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)
| CUSIP No. G1195N105 | 13G | Page 2 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS Brahman Capital Corp. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) x | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 1,301,152 | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,301,152 | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,301,152 | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.58% | |||
| 12 | TYPE OF REPORTING PERSON CO | |||
| CUSIP No. G1195N105 | 13G | Page 3 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS Brahman Management, L.L.C. | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) x | ||
| 3 | SEC USE ONLY | |||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | ||
| 6 | SHARED VOTING POWER 1,092,049 | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,092,049 | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,092,049 | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.76% | |||
| 12 | TYPE OF REPORTING PERSON OO | |||
| CUSIP No. G1195N105 | 13G | Page 4 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS Robert J. Sobel | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) x | ||
| 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 0 | ||
| 6 | SHARED VOTING POWER 1,301,152 | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,301,152 | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,301,152 | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.58% | |||
| 12 | TYPE OF REPORTING PERSON IN | |||
| CUSIP No. G1195N105 | 13G | Page 5 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS Mitchell A. Kuflik | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) o (b) x | ||
| 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 0 | ||
| 6 | SHARED VOTING POWER 1,301,152 | |||
| 7 | SOLE DISPOSITIVE POWER 0 | |||
| 8 | SHARED DISPOSITIVE POWER 1,301,152 | |||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,301,152 | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.58% | |||
| 12 | TYPE OF REPORTING PERSON IN | |||
| CUSIP No. G1195N105 | 13G | Page 6 of 10 Pages |
| Item 1(a). | NAME OF ISSUER: |
| Bluescape Opportunities Acquisition Corp. (the "Company"). |
| Item 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: |
| 200 Crescent Court, 19th Floor Dallas, TX 75201 |
| Item 2(a). | NAME OF PERSON FILING: |
| This statement is filed by: |
| (i) | Brahman Capital Corp. (the "Investment Manager"), with respect to the shares of Class A Ordinary Shares (as defined in Item 2(d) below) directly held by certain investment funds to which the Investment Manager serves as investment manager (collectively, the "Brahman Funds");
| |
| (ii) | Brahman Management, L.L.C. (the "General Partner"), which serves as the general partner of certain of the Brahman Funds (the "Other Brahman Funds"), with respect to the shares of Class A Ordinary Shares directly held by the Other Brahman Funds;
| |
| (iii) | Robert J. Sobel, who serves as a principal of the Investment Manager and a managing member of the General Partner, with respect to the shares of Class A Ordinary Shares directly held by each of the Brahman Funds; and
| |
| (iv) | Mitchell A. Kuflik, who serves as a principal of the Investment Manager and a managing member of the General Partner, with respect to the shares of Class A Ordinary Shares directly held by each of the Brahman Funds. |
| The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." | |
| The filing of this statement should not be construed as an admission that any of the forgoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Class A Ordinary Shares reported herein. | |
| Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: |
| 655 Third Avenue, 11th Floor New York, New York 10017 |
| Item 2(c). | CITIZENSHIP: |
| Please refer to Row 4 of the cover page for each Reporting Person. |
| CUSIP No. G1195N105 | 13G | Page 7 of 10 Pages |
| Item 2(d). | TITLE OF CLASS OF SECURITIES: |
| Class A ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares"). |
| Item 2(e). | CUSIP NUMBER: |
| G1195N105 |
| 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: |
| (a) | ¨ | Broker or dealer registered under Section 15 of the Act, | |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act, | |
| (c) | ¨ | Insurance Company as defined in Section 3(a)(19) of the Act, | |
| (d) | ¨ | Investment Company registered under Section 8 of the Investment Company Act of 1940, | |
| (e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E), | |
| (f) | ¨ | Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F), | |
| (g) | ¨ | Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G), | |
| (h) | ¨ | Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, | |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, | |
| (j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), | |
| (k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
| If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: |
| Item 4. | OWNERSHIP. |
| The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. | |
| The percentages set forth in this Schedule 13G are calculated based upon 7,399,446 Class A Ordinary Shares outstanding as of November 10, 2022, as reported in the Company’s Form 10-Q for the quarter ended on September 30, 2022 filed with the Securities and Exchange Commission on November 14, 2022. |
| CUSIP No. G1195N105 | 13G | Page 8 of 10 Pages |
| 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 5 percent of the class of securities, check the following [ ]. |
| Item 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. |
| See Item 2. |
| Item 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. |
| 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. |
| Not applicable. |
| CUSIP No. G1195N105 | 13G | Page 9 of 10 Pages |
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
| DATED: January 6, 2023 | ||
| BRAHMAN CAPITAL CORP. | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| Title: Principal | ||
| BRAHMAN MANAGEMENT L.L.C. | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| Title: Principal | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| By: | /s/ Mitchell A. Kuflik | |
| Name: Mitchell A. Kuflik | ||
| CUSIP No. G1195N105 | 13G | Page 10 of 10 Pages |
Exhibit A
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
| DATED: January 6, 2023 | ||
| BRAHMAN CAPITAL CORP. | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| Title: Principal | ||
| BRAHMAN MANAGEMENT L.L.C. | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| Title: Principal | ||
| By: | /s/ Robert J. Sobel | |
| Name: Robert J. Sobel | ||
| By: | /s/ Mitchell A. Kuflik | |
| Name: Mitchell A. Kuflik | ||