0001104659-22-019359.txt : 20220210 0001104659-22-019359.hdr.sgml : 20220210 20220210161421 ACCESSION NUMBER: 0001104659-22-019359 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220210 DATE AS OF CHANGE: 20220210 GROUP MEMBERS: JAY BHATT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Agile Growth Corp. CENTRAL INDEX KEY: 0001842329 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-92357 FILM NUMBER: 22614070 BUSINESS ADDRESS: STREET 1: RIVERSIDE CENTER STREET 2: 275 GROVE STREET, SUITE 2-400 CITY: NEWTON STATE: MA ZIP: 02466 BUSINESS PHONE: 267-342-4144 MAIL ADDRESS: STREET 1: RIVERSIDE CENTER STREET 2: 275 GROVE STREET, SUITE 2-400 CITY: NEWTON STATE: MA ZIP: 02466 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Agile Growth Sponsor, LLC CENTRAL INDEX KEY: 0001842276 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: RIVERSIDE CENTER STREET 2: 275 GROVE STREET, SUITE 2-400 CITY: NEWTON STATE: MA ZIP: 02466 BUSINESS PHONE: 267-342-4144 MAIL ADDRESS: STREET 1: RIVERSIDE CENTER STREET 2: 275 GROVE STREET, SUITE 2-400 CITY: NEWTON STATE: MA ZIP: 02466 SC 13G 1 tm225634d1_sc13g.htm SC 13G

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No.         )*

 

 

 

Agile Growth Corp.
(Name of Issuer)

 

Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)

 

G01202103
(CUSIP Number)

 

December 31, 2021
(Date of Event Which Requires Filing of this Statement)

 

Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed:

 

¨      Rule 13d-1(b)

 

¨      Rule 13d-1(c)

 

x      Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

1.

Names of Reporting Persons

 

Agile Growth Sponsor, LLC

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨                 (b) ¨

3. SEC Use Only
4.

Citizenship or Place of Organization

 

Delaware

Number of Shares Beneficially Owned By Each Reporting Person With 5.

Sole Voting Power

 

0

6.

Shared Voting Power

 

13,950,000(1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

13,950,000(1)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,950,000(1)

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares              ¨
11.

Percent of Class Represented By Amount in Row (9)

 

31.03%(2)

12.

Type of Reporting Person (See Instructions)

 

OO

 

(1) Represents 13,950,000 Class A ordinary shares acquirable in respect of (i) 7,750,000 Class B ordinary shares, par value $0.0001 per share (“Class B Shares”), convertible on a one-for-one basis into the Issuer’s Class A ordinary shares and (ii) 6,200,000 private placement warrants to acquire Class A ordinary shares upon payment of $11.50 per share (“Private Placement Warrants”), commencing 30 days after completion of the Issuer’s initial business combination.

 

(2) Calculated based on (i) 31,000,000 Class A ordinary shares outstanding as of November 19, 2021 as reported on the Issuer’s Form 10-Q, filed on November 19, 2021, and (ii) 13,950,000 Class A ordinary shares issuable in connection with: (a) the Class B Shares outstanding as of November 19, 2021 and (b) the Private Placement Warrants outstanding as of September 30, 2021, in each case as reported on the Issuer’s Form 10-Q, filed on November 19, 2021.

 

 

 

 

1.

Names of Reporting Persons

 

Jay Bhatt

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨                 (b) ¨

3. SEC Use Only
4.

Citizenship or Place of Organization

 

United States

Number of Shares Beneficially Owned By Each Reporting Person With 5.

Sole Voting Power

 

0

6.

Shared Voting Power

 

13,950,000(1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

13,950,000(1)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

13,950,000(1)

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares              ¨
11.

Percent of Class Represented By Amount in Row (9)

 

31.03%(2)

12.

Type of Reporting Person (See Instructions)

 

IN

 

(1) Represents 13,950,000 Class A ordinary shares acquirable in respect of (i) 7,750,000 Class B Shares, convertible on a one-for-one basis into the Issuer’s Class A ordinary shares and (ii) 6,200,000 Private Placement Warrants, commencing 30 days after completion of the Issuer’s initial business combination.

 

(2) Calculated based on (i) 31,000,000 Class A ordinary shares outstanding as of November 19, 2021 as reported on the Issuer’s Form 10-Q, filed on November 19, 2021, and (ii) 13,950,000 Class A ordinary shares issuable in connection with: (a) the Class B Shares outstanding as of November 19, 2021 and (b) the Private Placement Warrants outstanding as of September 30, 2021, in each case as reported on the Issuer’s Form 10-Q, filed on November 19, 2021.

 

 

 

 

Item 1(a). Name of Issuer
   
  Agile Growth Corp.
   
Item 1(b). Address of the Issuer’s Principal Executive Offices
   
 

Riverside Center

275 Grove Street, Suite 2-400

Newton, MA 02466

   
Item 2(a). Names of Persons Filing
   
 

This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

(i)            Agile Growth Sponsor, LLC

(ii)           Jay Bhatt

   
Item 2(b). Address of the Principal Business Office, or if none, Residence:
   
 

Riverside Center

275 Grove Street, Suite 2-400

Newton, MA 02466

   
Item 2(c). Citizenship
   
  See responses to Item 4 on each cover page.
   
Item 2(d). Title of Class of Securities
   
  Class A ordinary shares, par value $0.0001 per share
   
Item 2(e). CUSIP Number
   
  G01202103
   
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):
   
  Not Applicable.
   
Item 4.

Ownership

 

(a)          Amount beneficially owned:

See responses to Item 9 on each cover page.

(b)          Percent of Class:

See responses to Item 11 on each cover page.

(c)          Number of shares as to which the Reporting Person has:

 

(i)           Sole power to vote or to direct the vote:

See responses to Item 5 on each cover page.

(ii)          Shared power to vote or to direct the vote:

See responses to Item 6 on each cover page.

(iii)         Sole power to dispose or to direct the disposition of:

See responses to Item 7 on each cover page.

(iv)         Shared power to dispose or to direct the disposition of:

See responses to Item 8 on each cover page.

 

The securities reported herein are held directly by the Agile Growth Sponsor, LLC (“Sponsor”). Jay Bhatt controls the Sponsor, and as such, has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the reported securities held directly by the Sponsor. This Statement shall not be construed as an admission that either Reporting Person is the beneficial owner of any securities covered by this Statement.

 

 

 

 

Item 5. Ownership of Five Percent or Less of a Class
   
  Not Applicable.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
  Not Applicable.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   
  Not Applicable.
   
Item 8. Identification and Classification of Members of the Group
   
  Not Applicable.
   
Item 9. Notice of Dissolution of Group
   
  Not Applicable.
   
Item 10. Certification
   
  Not Applicable.

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated:    February 10, 2022  
   
  Agile Growth Sponsor, LLC
   
  /s/ Jay Bhatt
  Name:     Jay Bhatt
  Title:       Managing Member and President
   
   
  /s/ Jay Bhatt
  Name:     Jay Bhatt

 

 

 

 

EXHIBIT LIST

 

Exhibit AJoint Filing Agreement, dated as of February 10, 2022

 

 

 

 

EXHIBIT A

 

JOINT FILING AGREEMENT

 

This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Class A ordinary shares, par value $0.0001 per share, of Agile Growth Corp. (this “Agreement”), is being filed, and all amendments thereto will be filed, on behalf of each of the persons and entities named below that is named as a reporting person in such filing in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

Dated:    February 10, 2022  
   
  Agile Growth Sponsor, LLC
   
  /s/ Jay Bhatt
  Name:     Jay Bhatt
  Title:       Managing Member and President
   
   
  /s/ Jay Bhatt
  Name:     Jay Bhatt