SC 13G/A 1 form_sc13ga-aries.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No. 1)*
 
Aries I Acquisition Corporation
(Name of Issuer)
 
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
 
G0542N107
(CUSIP Number)
 
December 31, 2021
(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)
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. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR Master Fund Ltd
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(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
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

525,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
525,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
525,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
3.7%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
CO
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR CCSA Master Fund Ltd
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(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
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

525,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
525,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
525,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
3.7%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
CO
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR Partners LLP
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
United Kingdom
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
PN
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR Partners Limited
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Hong Kong
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
CO
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR Partners LLC
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
State of Delaware
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
OO, IA
   
     



CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
LMR Partners AG
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Switzerland
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
CO, IA
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
Ben Levine
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
United Kingdom
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
IN, HC
   
     


CUSIP No. G0542N107
13G
   
 
1

NAMES OF REPORTING PERSONS
   
 
Stefan Renold
   
     
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
 
(a)
   
 
(b)
   
 
3
SEC USE ONLY
   
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
   
 
Switzerland
   
     
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
   
 
0
   
     
 
6
SHARED VOTING POWER
   
 

1,050,000
   
     
 
7
SOLE DISPOSITIVE POWER
   
 
0
   
     
 
8
SHARED DISPOSITIVE POWER
   
 
1,050,000
   
     
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
1,050,000
   
     
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
 
   
     
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
7.3%
   
     
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
 
IN, HC
   
     



Item 1(a).
NAME OF ISSUER:
   
 
The name of the issuer is Aries I Acquisition Corporation (the "Issuer").

Item 1(b).
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
   
 
The Issuer's principal executive offices are located at 23 Lime Tree Bay, P.O. Box 1569, Grand Cayman, Cayman Islands KY-1110.

Item 2(a).
NAME OF PERSON FILING:

 
This statement is filed by:

 
(i)
LMR Master Fund Ltd (the "LMR Master Fund"), with respect to the Class A Shares (as defined in Item 2(d)) held by it;

 
(ii)
LMR CCSA Master Fund Ltd (the "LMR CCSA Master Fund"), with respect to the Class A Shares (as defined in Item 2(d)) held by it;

 
(iii)
LMR Partners LLP, LMR Partners Limited, LMR Partners LLC and LMR Partners AG (collectively, the "LMR Investment Managers"), which serve as the investment managers to certain funds, including, without limitation, LMR Master Fund and LMR CCSA Master Fund, with respect to the Class A Shares held by the LMR Master Fund and LMR CCSA Master Fund; and

 
(iii)
Ben Levine and Stefan Renold, who are ultimately in control of the investment and voting decisions of the LMR Investment Managers with respect to the securities held by the LMR Master Fund and LMR CCSA Master Fund.

 
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."

Item 2(b).
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
   
 
The address of the principal business office of each of the Reporting Persons is c/o LMR Partners LLP, 9th Floor, Devonshire House, 1 Mayfair Place, London, W1J 8AJ, United Kingdom.

Item 2(c).
CITIZENSHIP:
   
 
LMR Master Fund is a Cayman Islands exempted company. LMR CCSA Master Fund. is a Cayman Islands exempted company. LMR Partners LLP is a United Kingdom limited liability partnership. LMR Partners Limited is a Hong Kong corporation. LMR Partners LLC is a Delaware limited liability company. LMR Partners AG is a Swiss corporation. Ben Levine is a citizen of the United Kingdom. Stefan Renold is a citizen of Switzerland.

Item 2(d).
TITLE OF CLASS OF SECURITIES:
   
 
Class A Ordinary Shares, par value $0.0001 per share (the "Class A Shares").

Item 2(e).
CUSIP NUMBER:
   
 
G0542N107
   
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:

Not Applicable

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.
   
 
Each of LMR Master Fund and LMR CCSA Master Fund directly holds 525,000 Class A Shares (the “LMR Shares”). The Class A Shares held by each of LMR Master Fund and LMR CCSA Master Fund represent approximately 3.7% and the LMR Shares in the aggregate represent approximately 7.3% of the outstanding Class A Shares, based on 14,375,000 Class A Shares of the Issuer outstanding as of November 19, 2021, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on November 22, 2021.
 
In addition to the LMR Shares, each of LMR Master Fund and LMR CCSA Master Fund also directly holds warrants to purchase 262,500 Class A Shares (“Warrants”). The Warrants have an exercise price of $11.50 per Class A Share and are exercisable on the later of 12 months (or up to 18 months if the Issuer extends the period of time to consummate a business combination) from the closing of the Issuer’s initial public offering or 30 days after the completion of the Issuer’s initial business combination, and will expire five years after the date on which they first become effective or earlier upon redemption or our liquidation.



 

Item 5.
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
   
 
Not applicable.
   
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.
   
 
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.

 
Each of the Reporting Persons hereby makes the following certification:
   
 
By signing below each Reporting Person certifies that, to the best of his or its 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 our knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
DATED: February 14, 2022

LMR MASTER FUND LTD

By: LMR Partners LLP, its Investment Manager

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

LMR CCSA MASTER FUND LTD

By: LMR Partners LLP, its Investment Manager

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

LMR PARTNERS LLP

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

LMR PARTNERS LIMITED

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

LMR PARTNERS LLC

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

LMR PARTNERS AG

By: /s/ Shane Cullinane
Name:       Shane Cullinane
Title:          Chief Operating Officer

/s/ Ben Levine
BEN LEVINE

/s/ Stefan Renold
STEFAN RENOLD