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