0000921895-20-003121.txt : 20201125 0000921895-20-003121.hdr.sgml : 20201125 20201125170806 ACCESSION NUMBER: 0000921895-20-003121 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201123 FILED AS OF DATE: 20201125 DATE AS OF CHANGE: 20201125 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Capital Management, L.P. CENTRAL INDEX KEY: 0001655183 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351695 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747 9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Specialty Fund, L.P. CENTRAL INDEX KEY: 0001656061 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351696 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Drawdown Fund II, L.P. CENTRAL INDEX KEY: 0001763080 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351697 BUSINESS ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Fund Global, LP CENTRAL INDEX KEY: 0001813628 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351698 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick GP, LLC CENTRAL INDEX KEY: 0001656059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351699 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC CENTRAL INDEX KEY: 0001813765 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351700 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Capital Management LLC CENTRAL INDEX KEY: 0001730922 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351701 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 6467479500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Jason CENTRAL INDEX KEY: 0001367262 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35975 FILM NUMBER: 201351702 MAIL ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Gogo Inc. CENTRAL INDEX KEY: 0001537054 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 271650905 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 111 N. CANAL ST., SUITE 1500 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 517-5000 MAIL ADDRESS: STREET 1: 111 N. CANAL ST., SUITE 1500 CITY: CHICAGO STATE: IL ZIP: 60606 4 1 form411509006_11252020.xml OWNERSHIP DOCUMENT X0306 4 2020-11-23 1 0001537054 Gogo Inc. GOGO 0001655183 Mudrick Capital Management, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001656061 Mudrick Distressed Opportunity Specialty Fund, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001763080 Mudrick Distressed Opportunity Drawdown Fund II, L.P. C/O MUDRICK CAPITAL MANAGEMENT, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001813628 Mudrick Distressed Opportunity Fund Global, LP 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001656059 Mudrick GP, LLC 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001813765 Mudrick Distressed Opportunity Drawdown Fund II GP, LLC 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001730922 Mudrick Capital Management LLC 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 0001367262 Mudrick Jason C/O MUDRICK CAPITAL MANAGEMENT, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock, par value $0.0001 per share 2020-11-23 4 S 0 420000 10.0228 D 7838974 I See footnote Common Stock, par value $0.0001 per share 2020-11-23 4 S 0 150000 10.0000 D 7688974 I See footnote Common Stock, par value $0.0001 per share 2020-11-24 4 S 0 272898 10.4836 D 7416076 I See footnote Common Stock, par value $0.0001 per share 2020-11-24 4 S 0 350000 10.2500 D 7066076 I See footnote Call Options (obligation to sell at purchaser's option) 10 2020-11-23 4 S 0 7248 1.1973 D 2021-01-15 Common Stock, par value $0.0001 per share 724800 7248 I See footnote Call Options (obligation to sell at purchaser's option) 10 2020-11-24 4 S 0 5000 1.4821 D 2021-01-15 Common Stock, par value $0.0001 per share 500000 5000 I See footnote Call Options (obligation to sell at purchaser's option) 11 2020-11-24 4 S 0 3078 1.2122 D 2021-01-15 Common Stock, par value $0.0001 per share 307800 3078 I See footnote This Form 4 is filed jointly by Mudrick Distressed Opportunity Specialty Fund, L.P. ("Specialty LP"), Mudrick Distressed Opportunity Drawdown Fund II, L.P. ("Drawdown II LP"), Mudrick Distressed Opportunity Fund Global, L.P. ("Global LP"), Mudrick GP, LLC ("Mudrick GP"), Mudrick Distressed Opportunity Drawdown Fund II GP, LLC ("Drawdown II GP"), Mudrick Capital Management, L.P. ("MCM"), Mudrick Capital Management, LLC ("MCM GP"), and Jason Mudrick. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Securities beneficially owned by MCM. Mudrick GP is the general partner of Specialty LP and Global LP and may be deemed the beneficial owner of the securities beneficially owned by Specialty LP and Global LP. Drawdown II GP is the general partner of Drawdown II LP and may be deemed the beneficial owner of the securities beneficially owned by Drawdown II LP. MCM is the investment manager to Specialty LP, Drawdown II LP, Global LP and certain managed accounts. MCM GP is the general partner of MCM. Mr. Mudrick is the sole member of Mudrick GP, Drawdown II GP and MCM GP. By virtue of these relationships, each of MCM, MCM GP and Mr. Mudrick may be deemed the beneficial owner of the securities beneficially owned by Specialty LP, Drawdown II LP, Global LP and certain managed accounts. The price reported is a weighted average price. The Common Stock was disposed of in multiple transactions at prices ranging from $9.7200 to $10.2550, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote. The price reported is a weighted average price. The Common Stock was disposed of in multiple transactions at prices ranging from $10.1200 to $10.9950, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote. Such options are exercisable as of November 23, 2020 and were immediately exercisable upon their acquisition. Such options are exercisable as of November 24, 2020 and were immediately exercisable upon their acquisition. Following the transactions reported herein, for the purposes of Section 16, the Reporting Persons ceased to beneficially own 10% or more of the outstanding shares of Common Stock of the Issuer. MUDRICK CAPITAL MANAGEMENT, L.P.; By Mudrick Capital Management, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK DISTRESSED OPPORTUNITY SPECIALTY FUND, L.P.; By: Mudrick GP, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, L.P.; By; Mudrick Distressed Opportunity Drawdown Fund II GP, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK DISTRESSED OPPORTUNITY FUND GLOBAL, L.P.; By: Mudrick GP, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK GP, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II GP, LLC; By: /s/ Jason Mudrick 2020-11-25 MUDRICK CAPITAL MANAGEMENT, LLC; By: /s/ Jason Mudrick 2020-11-25 By: /s/ Jason Mudrick 2020-11-25