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*
GBIF MANAGEMENT LTD.

(Last) (First) (Middle)
2345 YONGE STREET, SUITE 804

(Street)
TORONTO A6 M4P 2E5

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/31/2023
3. Issuer Name and Ticker or Trading Symbol
Electriq Power Holdings, Inc. [ ELIQ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X 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)
X Form filed by One Reporting Person
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)
Common Shares 12,930,494 I Held by Greensoil Canadian and Greensoil International(1)(2)
Preferred Shares 50,000 I Held by Greensoil Canadian and Greensoil International(1)(2)
Common Shares 1,264,944 I Held by Greensoil Innovation(2)(3)
Common Shares 377,430 I Held by Minett Capital Inc.(2)(4)
Common Shares 193,750 I Held by Minett EQ Inc.(2)(5)
Common Shares 8,125 I Held by GMS Capital Canada, Inc.(2)(6)
Preferred Shares 3,250 I Held by GMS Capital Canada, Inc.(2)(6)
Preferred Shares 75,000 I Held by Minett Capital Inc.(2)(4)
Preferred Shares 77,500 I Held by Minett EQ Inc.(2)(5)
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
Explanation of Responses:
1. The shares are held by parallel funds Greensoil Building Innovation Fund (Canadian) L.P. ("Greensoil Canadian") and Greensoil Building Innovation Fund (International) L.P. ("Greensoil International."). The reporting person is the fund manager for both Greensoil (Canadian) and Greensoil (International) and is controlled by a three-person investment committee.
2. The reporting person has a contractual right to appoint a director to the board of directors of the Issuer pursuant to a Stockholders' Agreement dated November 13, 2022.
3. The shares are held by Greensoil Building Innovation Fund Co-Investment I, L.P. ("Greensoil Innovation"). The reporting person is the fund manager for Greensoil Innovation and is controlled by a three-person investment committee.
4. These shares are held by Minett Capital Inc. and is owned by one of three individual investment committee managers which control the reporting person.
5. The shares are held by Minett EQ Inc. and is owned by one of the three individual investment committee managers which control the reporting person.
6. The shares are held by GMS Capital Canada, Inc. and is owned by one of the three individual investment committee managers which control the reporting person.
GBIF Management Ltd. by Gideon Soesman, Co-founder & Managing Partner 08/10/2023
/s/ Gideon Soesman, Co-founder & Managing Partner 08/10/2023
** 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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