NextNav Inc.
0.10%
75,627
1865631
65345N106
Jan 2, 2025
Jan 7, 2025, 06:57 PM
Reporting Persons (8)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Patrick J. Kerins | Individual | 0.10% | 75,627 | 75,627 | 0 |
| NEA Partners 14, L.P. | Partnership | 0.00% | 0 | 0 | 0 |
| NEA 14 GP, LTD | CO | 0.00% | 0 | 0 | 0 |
| Forest Baskett | Individual | 0.00% | 0 | 0 | 0 |
| Anthony A. Florence, Jr. | Individual | 0.00% | 0 | 0 | 0 |
| Mohamad H. Makhzoumi | Individual | 0.00% | 0 | 0 | 0 |
| New Enterprise Associates 14, L.P. | Partnership | 0.00% | 0 | 0 | 0 |
| Scott D. Sandell | Individual | 0.00% | 63,352 | 63,352 | 0 |
Disclosure Items (3)
Common Stock, par value $0.0001 per share
NextNav Inc.
11911 Freedom Drive, Reston, VA, 20190
The percentage of outstanding Common Stock of the Issuer which may be deemed to be beneficially owned by each Reporting Person is set forth on Line 13 of such Reporting Person's cover sheet. Such percentage was calculated based on 128,864,792 shares of Common Stock reported by the Issuer to be outstanding as of November 8, 2024, on the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 13, 2024.
Item 5(b) of the Schedule 13D is amended and supplemented as follows: As of January 6, 2025, Kerins is the record owner of 75,627 shares of Common Stock. As of January 6, 2025, the Blue Mountain Trust, dated April 29, 2019 (the "Blue Mountain Trust"), is the record owner of 63,352 shares of Common Stock (the "Blue Mountain Trust Shares"). Scott D. Sandell may be deemed to own beneficially the Blue Mountain Trust Shares as trustee of the Blue Mountain Trust.
New Enterprise Associates 14, L.P. ("NEA 14") made a pro rata distribution of 8,189,156 shares of Common Stock of the Issuer to its general partner and its limited partners for no consideration on January 3, 2025 (the "Distribution"). Following the Distribution, each of the Reporting Persons ceased to beneficially own five percent (5%) or more of the Issuer's Common Stock.
January 3, 2025
Exhibit 1 - Agreement regarding filing of joint Schedule 13D. Exhibit 2 - Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.