0000905148-24-000912.txt : 20240306
0000905148-24-000912.hdr.sgml : 20240306
20240306185841
ACCESSION NUMBER: 0000905148-24-000912
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nance William Bennett
CENTRAL INDEX KEY: 0001823600
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39819
FILM NUMBER: 24727640
MAIL ADDRESS:
STREET 1: 700 S. ROSEMARY AVENUE
STREET 2: SUITE 204
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Gas Corp
CENTRAL INDEX KEY: 0001817232
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 851617911
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 99 WALL STREET
STREET 2: SUITE 436
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 917-327-0437
MAIL ADDRESS:
STREET 1: 99 WALL STREET
STREET 2: SUITE 436
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: Dune Acquisition Corp
DATE OF NAME CHANGE: 20200708
4
1
form4.xml
X0508
4
2024-03-04
0001817232
Global Gas Corp
HGAS
0001823600
Nance William Bennett
C/O GLOBAL GAS CORPORATION
99 WALL STREET, SUITE 436
NEW YORK
NY
10005
true
true
true
Chief Executive Officer
false
Class B Common Stock
2024-03-04
4
D
0
1440000
0
D
Class A Common Stock
1440000
2000000
D
Pursuant to the terms of the forfeiture agreement, dated March 4, 2024, between the Issuer and the Reporting Person, the Reporting Person forfeited 1,440,000 shares of Class B Common Stock.
Pursuant to the terms of the Exchange Agreement entered into on December 21, 2023 between the Issuer, Global Gas Holdings LLC, a wholly-owned subsidiary of the Issuer ("Holdings"), and each of the Reporting Person, Sergio Martinez and Barbara Guay Martinez (collectively, the "Sellers"), the Sellers have the right, following December 21, 2023, and at any time after the expiration of a lock-up to which the shares of Class B Common Stock are subject, to exchange their Paired Interests, consisting of Holdings Common Units and shares of Class B Common Stock, for, at the option of the Issuer, cash or shares of Class A Common Stock, on a one-for-one basis, subject to customary adjustments. (Continued in following footnote)
(Continued from previous footnote) The Paired Interests have no expiration date. At the time of any such exchange, the shares of Class B Common Stock exchanged by the Reporting Person, which have no economic value and entitle holders thereof to one vote per share on all matters on which stockholders of the Issuer are entitled to vote generally, will be cancelled.
/s/ William Bennett Nance, Jr.
2024-03-06