Filing Details

Accession Number:
0001415889-23-014580
Form Type:
13G Filing
Publication Date:
2023-10-29 20:00:00
Filed By:
Mithaq Capital Spc
Company:
Urgent.ly Inc.
Filing Date:
2023-10-30
SEC Url:
13G Filing
Ownership Summary

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
Mithaq Capital SPC 00-0000000 1,193,839 0 1,193,839 0 1,193,839 9.6 (12) Type of Reporting Person (See Instructions) CO CUSIP No. 916931108 (1) Names of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Turki Saleh A. AlRajhi (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 Saudi Arabia Number of Shares Beneficially Owned by Each Reporting Person With (5) Sole Voting Power 0 (6) Shared Voting Power 1,193,839 (7) Sole Dispositive Power 0 (8) Shared Dispositive Power 1,193,839 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,193,839 (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) (11) Percent of Class Represented by Amount in Row (9) 9.6%
Turki Saleh A. AlRajhi 0 1,193,839 0 1,193,839 1,193,839 9.6%
Muhammad Asif Seemab 0 1,193,839 0 1,193,839 1,193,839
Filing


 
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934


 
Urgent.ly Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
916931108
(CUSIP Number)
October 30, 2023
(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)

[ x ] 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 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. 916931108
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Mithaq Capital SPC

    00-0000000

  (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

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (5)    

Sole Voting Power

 

    1,193,839

   (6)   

Shared Voting Power

 

    0

   (7)   

Sole Dispositive Power

 

    1,193,839

   (8)   

Shared Dispositive Power

 

    0

(9)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    1,193,839

(10)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares   [   ]

 

    (See Instructions)

(11)

 

Percent of Class Represented by Amount in Row (9)

 

    9.6

(12)

 

Type of Reporting Person (See Instructions)

 

    CO


CUSIP No. 916931108
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Turki Saleh A. AlRajhi

    

  (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

 

    Saudi Arabia

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (5)    

Sole Voting Power

 

    0

   (6)   

Shared Voting Power

 

    1,193,839

   (7)   

Sole Dispositive Power

 

    0

   (8)   

Shared Dispositive Power

 

    1,193,839

(9)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    1,193,839

(10)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares   [   ]

 

    (See Instructions)

(11)

 

Percent of Class Represented by Amount in Row (9)

 

    9.6%

(12)

 

Type of Reporting Person (See Instructions)

 

    IN


CUSIP No. 916931108
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Muhammad Asif Seemab

    

  (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

 

    Pakistan

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (5)    

Sole Voting Power

 

    0

   (6)   

Shared Voting Power

 

    1,193,839

   (7)   

Sole Dispositive Power

 

    0

   (8)   

Shared Dispositive Power

 

    1,193,839

(9)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    1,193,839

(10)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares   [   ]

 

    (See Instructions)

(11)

 

Percent of Class Represented by Amount in Row (9)

 

    9.6%

(12)

 

Type of Reporting Person (See Instructions)

 

    IN


Item 1.
(a) Name of Issuer
Urgent.ly Inc.
(b) Address of Issuer's Principal Executive Offices
8609 Westwood Center Drive, Suit 810
Vienna, Virginia, 22182

Item 2.
(a) Name of Person Filing
(i) Mithaq Capital SPC

(ii) Turki Saleh A. AlRajhi

(iii) Muhammad Asif Seemab

(b) Address of Principal Business Office or, if none, Residence
(i) Mithaq Capital SPC
c/o Synergy, Anas Ibn Malik Road,
Al Malqa, Riyadh 13521 Saudi Arabia

(ii) Turki Saleh A. AlRajhi
Mithaq Capital SPC
c/o Synergy, Anas Ibn Malik Road,
Al Malqa, Riyadh 13521 Saudi Arabia

(iii) Muhammad Asif Seemab
Mithaq Capital SPC
c/o Synergy, Anas Ibn Malik Road,
Al Malqa, Riyadh 13521 Saudi Arabia
(c) Citizenship
(i) Mithaq Capital SPC Cayman Islands
(ii) Turki Saleh A. AlRajhi Saudi Arabia
(iii) Muhammad Asif Seemab Pakistan

(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
916931108

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:
(a)
[   ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
[   ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[   ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
[   ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
(e)
[   ]
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)
[   ]
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)
[   ]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
[   ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[   ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[   ]
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4.
(a) Amount beneficially owned:
1,193,839
(b) Percent of class:
As a result of a merger of Otonomo Technologies Ltd. ("Otonomo"), with a subsidiary of the Issuer, the 2,306,667 Ordinary Shares of Otonomo ("Otonomo Shares") that were beneficially owned by the Reporting Persons were automatically converted into 1,193,839 shares of common stock of the Issuer ("Issuer Common Stock"). All percentages of ownership of the Reporting Persons contained in this Schedule 13G are based on the 12,399,240 issued and outstanding shares of Issuer Common Stock as reported in the Prospectus of Urgent.ly Inc. filed with the SEC on October 19, 2023. The Reporting Persons are contemporaneously filing an amendment to the Schedule 13D they had filed with respect to the Otonomo Shares to reflect that they no longer beneficially own any Otonomo Shares.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
Reporting Person: Mithaq Capital SPC: 1,193,839
Reporting Person: Turki Saleh A. AlRajhi: 0
Reporting Person: Muhammad Asif Seemab: 0
(ii) Shared power to vote or to direct the vote
Reporting Person: Mithaq Capital SPC: 0
Reporting Person: Turki Saleh A. AlRajhi: 1,193,839
Reporting Person: Muhammad Asif Seemab: 1,193,839
(iii) Sole power to dispose or to direct the disposition of
Reporting Person: Mithaq Capital SPC: 1,193,839
Reporting Person: Turki Saleh A. AlRajhi: 0
Reporting Person: Muhammad Asif Seemab: 0
(iv) Shared power to dispose or to direct the disposition of
Reporting Person: Mithaq Capital SPC: 0
Reporting Person: Turki Saleh A. AlRajhi: 1,193,839
Reporting Person: Muhammad Asif Seemab: 1,193,839

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 [   ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
N/A

Item 8. Identification and Classification of Members of the Group.
N/A

Item 9. Notice of Dissolution of Group.
N/A

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.
 


 
SIGNATURES
 
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.
 
Date:   October 30, 2023
Mithaq Capital SPC
By: /s/ Turki Saleh A. AlRajhi

Name: Turki Saleh A. AlRajhi
Title: Director
Date:   October 30, 2023
Mithaq Capital SPC
By: /s/ Muhammad Asif Seemab

Name: Muhammad Asif Seemab
Title: Director
Date:   October 30, 2023
By: /s/ Turki Saleh A. AlRajhi

Name: Turki Saleh A. AlRajhi
Date:   October 30, 2023
By: /s/ Muhammad Asif Seemab

Name: Muhammad Asif Seemab


Exhibit Index
 
Exhibit No.

  
Description

EX-1.1
  
Joint Filing Agreement