0000950142-21-003694.txt : 20211112
0000950142-21-003694.hdr.sgml : 20211112
20211112210009
ACCESSION NUMBER: 0000950142-21-003694
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211109
FILED AS OF DATE: 20211112
DATE AS OF CHANGE: 20211112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GASC APF, L.P.
CENTRAL INDEX KEY: 0001844506
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 211405805
BUSINESS ADDRESS:
STREET 1: 55 EAST 52ND STREET, FLOOR 33
CITY: NEW YORK
STATE: NY
ZIP: 10055
BUSINESS PHONE: 212-715-4000
MAIL ADDRESS:
STREET 1: 55 EAST 52ND STREET, FLOOR 33
CITY: NEW YORK
STATE: NY
ZIP: 10055
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: APSC Holdco II, L.P.
CENTRAL INDEX KEY: 0001845296
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 211405807
BUSINESS ADDRESS:
STREET 1: C/O IRON PARK CAPITAL PARTNERS
STREET 2: 527 MADISON AVENUE, 25TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 646-989-2500
MAIL ADDRESS:
STREET 1: C/O IRON PARK CAPITAL PARTNERS
STREET 2: 527 MADISON AVENUE, 25TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Atlantic Park Strategic Capital Parallel Master Fund, L.P.
CENTRAL INDEX KEY: 0001845294
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08604
FILM NUMBER: 211405806
BUSINESS ADDRESS:
STREET 1: C/O IRON PARK CAPITAL PARTNERS
STREET 2: 527 MADISON AVENUE, 25TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 646-989-2500
MAIL ADDRESS:
STREET 1: C/O IRON PARK CAPITAL PARTNERS
STREET 2: 527 MADISON AVENUE, 25TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TEAM INC
CENTRAL INDEX KEY: 0000318833
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS REPAIR SERVICES [7600]
IRS NUMBER: 741765729
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
BUSINESS PHONE: 2813316154
MAIL ADDRESS:
STREET 1: 13131 DAIRY ASHFORD
STREET 2: SUITE 600
CITY: SUGAR LAND
STATE: TX
ZIP: 77478
4
1
es210202264_4-team.xml
OWNERSHIP DOCUMENT
X0306
4
2021-11-09
0
0000318833
TEAM INC
TISI
0001845296
APSC Holdco II, L.P.
C/O IRON PARK CAPITAL PARTNERS, L.P.
527 MADISON AVENUE, 25TH FLOOR
NEW YORK
NY
10022
0
0
1
0
0001845294
Atlantic Park Strategic Capital Parallel Master Fund, L.P.
C/O IRON PARK CAPITAL PARTNERS, L.P.
527 MADISON AVENUE, 25TH FLOOR
NEW YORK
NY
10022
0
0
1
0
0001844506
GASC APF, L.P.
PARK AVENUE PLAZA,
55 E52ND STREET, 32ND FLOOR
NEW YORK
NY
10055
0
0
1
0
Warrants
7.75
2021-11-09
4
J
0
3267746
D
2028-06-14
Common Stock
3267746
0
D
Warrants
1.50
2021-11-09
4
J
0
3267746
A
2028-06-14
Common Stock
3267746
3267746
D
Warrants
1.50
2021-11-09
4
P
0
500000
A
2028-06-14
Common Stock
500000
4082949
D
Represents warrants to purchase 3,582,949 shares of common stock ("Shares") of Team, Inc. (the "Issuer") that have been re-struck at $1.50 per share and an additional 500,000 warrants that were acquired, in each case, based on the same deemed valuation or price.
Exercisable at any time at the sole discretion of the holder.
APSC Holdco II, L.P. ("APSC Holdco II") directly holds warrants to purchase Shares of the Issuer. Atlantic Park Strategic Capital Parallel Master Fund, L.P. ("Atlantic Park") is the sole beneficial owner of APSC Holdco II. Pursuant to an Investment Management Agreement, dated July 6, 2020, Atlantic Park and certain of its affiliates have delegated their voting and dispositive power over their direct and indirect investments (including the Shares) to Iron Park Capital Partners, LP and GASC APF, L.P. and appointed each of them to jointly act as investment advisers.
APSC Holdco II, L.P., By: /s/ George Fan, as attorney-in-fact
2021-11-12
Atlantic Park Strategic Capital Parallel Master Fund, L.P., By: /s/ George Fan, as as attorney-in-fact
2021-11-12
GASC APF, L.P., By: /s/ Kelly Pettit, as Chief Compliance Officer
2021-11-12