0001104659-22-006342.txt : 20220121
0001104659-22-006342.hdr.sgml : 20220121
20220121115253
ACCESSION NUMBER: 0001104659-22-006342
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220113
FILED AS OF DATE: 20220121
DATE AS OF CHANGE: 20220121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HPSO SPV Ltd
CENTRAL INDEX KEY: 0001902646
STATE OF INCORPORATION: Y7
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39362
FILM NUMBER: 22544824
BUSINESS ADDRESS:
STREET 1: SARNIA HOUSE
STREET 2: LE TRUCHOT
CITY: ST PETER PORT
STATE: Y7
ZIP: GY1 4NA
BUSINESS PHONE: 44 7894 836 202
MAIL ADDRESS:
STREET 1: SARNIA HOUSE
STREET 2: LE TRUCHOT
CITY: ST PETER PORT
STATE: Y7
ZIP: GY1 4NA
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GELESIS HOLDINGS, INC.
CENTRAL INDEX KEY: 0001805087
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 844730610
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 501 BOYLSTON STREET, SUITE 6102
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: 857-327-7737
MAIL ADDRESS:
STREET 1: 501 BOYLSTON STREET, SUITE 6102
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: CAPSTAR SPECIAL PURPOSE ACQUISITION CORP.
DATE OF NAME CHANGE: 20200227
3
1
tm224028d1_3.xml
OWNERSHIP DOCUMENT
X0206
3
2022-01-13
0
0001805087
GELESIS HOLDINGS, INC.
GLS
0001902646
HPSO SPV Ltd
SARNIA HOUSE,
LE TRUCHOT
ST PETER PORT
Y7
GY1 4NA
GUERNSEY
0
0
1
0
Common Stock
12181993
D
Right to Acquire Earnout Shares
2027-01-13
Common Stock
4001505
D
The Reporting Person holds a right to acquire up to 4,001,505 shares of Common Stock (the "Earnout Shares"). The Earnout Shares shall vest and be released upon the satisfaction, at any time prior to January 13, 2027, of certain share price vesting conditions as follows: (i) if the volume-weighted average price ("VWAP") of the Common Stock equals or exceeds $12.50 per share for any 20 trading days within a 30-trading day period, one-third ( 1/3) of the Earnout Shares shall vest; (ii) if the VWAP of the Common Stock equals or exceeds $15.00 per share for any 20 trading days within a 30-trading day period, an additional one-third ( 1/3) of the Earnout Shares shall vest; and (iii) if the VWAP of the Common Stock equals or exceeds $17.50 per share for any 20 trading days within a 30-trading day period, the final one-third ( 1/3) of the Earnout Shares shall vest.
/s/ David Piesing, Director of Manager, on behalf of HPSO SPV Limited
2022-01-21