SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Virgo Agency Services LLC

(Last) (First) (Middle)
1201 HOWARD AVENUE, SUITE 300

(Street)
BURLINGAME CA 94010

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/26/2021
3. Issuer Name and Ticker or Trading Symbol
Volta Inc. [ VLTA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.0001 per share 7,112,449 D(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Assumed Warrant (2)(3) (2)(3) Class A Common Stock, par value $0.0001 per share 9,110,442 (2)(3) D(1)
1. Name and Address of Reporting Person*
Virgo Agency Services LLC

(Last) (First) (Middle)
1201 HOWARD AVENUE, SUITE 300

(Street)
BURLINGAME CA 94010

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Virgo Hermes, LLC

(Last) (First) (Middle)
1201 HOWARD AVENUE, SUITE 300

(Street)
BURLINGAME CA 94010

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Virgo Investment Group, LLC

(Last) (First) (Middle)
1201 HOWARD AVENUE, SUITE 300

(Street)
BURLINGAME CA 94010

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Watson Jesse C

(Last) (First) (Middle)
1201 HOWARD AVENUE, SUITE 300

(Street)
BURLINGAME CA 94010

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The reported securities herein are directly owned by Virgo Hermes, LLC. The reported securities herein may also be deemed to be indirectly beneficially owned by (i) Virgo Agency Services LLC, the manager of Virgo Hermes, LLC, (ii) Virgo Investment Group LLC, the investment manager of pooled investment vehicles that own equity interest in Virgo Hermes, LLC, and (iii) Jesse C. Watson, the manager of each of Virgo Agency Services LLC and Virgo Investment Group LLC. The Reporting Persons each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
2. The reported warrants herein (the "Assumed Warrants") are the resulting warrants stemming from the Issuer's Business Combination (as defined in the Prospectus (as defined below)) to purchase a number of shares of the Issuer's Class A Common Stock, par value $0.0001 per share, equal to the product of (a) the number of shares of Legacy Volta Common Stock or Legacy Volta Preferred Stock (each as defined in the Prospectus) subject to such Legacy Volta Warrant (as defined in the Prospectus) and (b) 1.2135, rounding down to the nearest whole number of shares, at an exercise price per share equal to (i) the exercise price per share for the shares of Legacy Volta Common Stock or Legacy Volta Preferred Stock subject to such Legacy Volta Warrant divided by (ii) 1.2135, rounding up to the nearest whole cent.
3. Continued from response 2. The terms of the Assumed Warrants are governed by the terms and conditions stated in the governing instrument(s) (the "Governing Instruments") of the Assumed Warrants, as disclosed in the Issuer's Prospectus (the "Prospectus") filed with the Securities and Exchange Commission on September 29, 2021. Each of the Governing Instruments and the Prospectus are incorporated herein by reference.
Virgo Agency Services LLC, By: /s/ Jesse C. Watson, Manager 12/08/2021
Virgo Hermes, LLC, By: Virgo Agency Services LLC, its Manager, By: /s/Jesse C. Watson, Manager 12/08/2021
Virgo Investment Group LLC, By: /s/Jesse C. Watson, Manager 12/08/2021
By: /s/ Jesse C. Watson 12/08/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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