Form 4: LLR Equity Partners Sells 29.7 Million Shares of CompoSecure (CMPO) in Exchange and Sale Transaction

LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P. exchanged Class B Common Units for Class A Common Stock and subsequently sold these shares to Resolute Compo Holdings LLC.

Summary

• On September 17, 2024, LLR Equity Partners IV, L.P. exchanged 28,519,690 shares of Class B Common Units for an equal number of Class A Common Stock.
• LLR Equity Partners Parallel IV, L.P. exchanged 1,254,568 shares of Class B Common Units for 1,254,568 shares of Class A Common Stock on the same date.
• The corresponding Class B Common Stock shares were immediately cancelled upon the exchange.
• LLR Equity Partners IV, L.P. sold 28,519,690 shares of Class A Common Stock to Resolute Compo Holdings LLC at $7.55 per share.
• LLR Equity Partners Parallel IV, L.P. sold 1,254,568 shares of Class A Common Stock to Resolute Compo Holdings LLC at $7.55 per share.
• Mitchell Hollin, a member of LLR Capital IV, LLC, disclaims beneficial ownership of shares held by LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P.

Sentiment

Score: 5

Explanation: Neutral sentiment as it primarily reports transactions without expressing positive or negative views. The sale of shares by a major holder could be interpreted in various ways, but the document itself is factual.

Industry Context

This transaction reflects activity by a major shareholder, LLR Equity Partners, and provides insight into their investment strategy and holdings in CompoSecure. The sale to Resolute Compo Holdings LLC indicates a transfer of ownership to another entity.

Management Changes

Stakeholder Impact

• Shareholders may be impacted by the change in ownership structure and the sale of a significant number of shares.
• The sale to Resolute Compo Holdings LLC could lead to changes in the company's strategy or operations.

Key Dates