0000899243-23-017741.txt : 20230802 0000899243-23-017741.hdr.sgml : 20230802 20230802214618 ACCESSION NUMBER: 0000899243-23-017741 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230731 FILED AS OF DATE: 20230802 DATE AS OF CHANGE: 20230802 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TLG Acquisition Founder LLC CENTRAL INDEX KEY: 0001827870 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39948 FILM NUMBER: 231137789 BUSINESS ADDRESS: STREET 1: 515 NORTH FLAGLER DRIVE, SUITE 520 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 561-945-8340 MAIL ADDRESS: STREET 1: 515 NORTH FLAGLER DRIVE, SUITE 520 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Electriq Power Holdings, Inc. CENTRAL INDEX KEY: 0001827871 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 625 NORTH FLAGLER DRIVE, SUITE 1003 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 BUSINESS PHONE: 833-462-2883 MAIL ADDRESS: STREET 1: 625 NORTH FLAGLER DRIVE, SUITE 1003 CITY: WEST PALM BEACH STATE: FL ZIP: 33401 FORMER COMPANY: FORMER CONFORMED NAME: TLG Acquisition One Corp. DATE OF NAME CHANGE: 20201009 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-07-31 1 0001827871 Electriq Power Holdings, Inc. ELIQ 0001827870 TLG Acquisition Founder LLC C/O ELECTRIQ POWER HOLDINGS, INC. 625 NORTH FLAGLER DRIVE, SUITE 1003 WEST PALM BEACH FL 33401 0 0 1 0 0 Class A Common Stock 2023-07-31 4 A 0 756635 A 756635 D Class A Common Stock 2023-07-31 4 C 0 1090217 0.00 A 1846852 D Class F Common Stock 2023-07-31 4 J 0 3270652 0.00 D Class A Common Stock 3270652 1090217 D Class F Common Stock 2023-07-31 4 C 0 1090217 0.00 D Class A Common Stock 1090217 0 D Warrants (right to buy) 2023-07-31 4 J 0 1000000 0.00 D 2023-08-30 2028-07-31 Class A Common Stock 1000000 1000000 D On July 31, 2023, TLG Acquisition Founder LLC (the "Sponsor") received 756,635 shares of Class A Common Stock of the Issuer ("Class A Common Stock") upon the conversion of working capital loans in connection with the completion of the Issuer's business combination with Electriq Power, Inc. ("Electriq"). Shares of Class F Common Stock of the Issuer ("Class F Common Stock") were convertible into shares of Class A Common Stock as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-252032) and the shares of Class F Common Stock had no expiration date. On July 31, 2023, in connection with the closing of the Issuer's business combination, the Sponsor forfeited and surrendered for no consideration 3,270,652 shares of Class F Common Stock pursuant to the terms of the Sponsor Agreement, dated November 13, 2022 (as amended on June 8, 2023), by and among the Issuer, the Sponsor, TLG Fund I, LP, Electriq and the other parties thereto. The Issuer consummated its initial Business Combination on July 31, 2023, whereby, among other things, the shares of Class F Common Stock converted into shares of Class A Common Stock. On July 31, 2023, the Sponsor received 1,000,000 warrants to purchase shares of Class A Common Stock for $6.57 per share upon the conversion of $1,500,000 of working capital loans in connection with the completion of the Business Combination. /s/ John Michael Lawrie, as manager 2023-08-02