SCHEDULE: Cinctive Capital Discloses 5.4% Stake in Lifezone Metals

Sentiment:

Beneficial Ownership Report


Cinctive Capital Management LP and its affiliates have disclosed a 5.4% beneficial ownership stake in Lifezone Metals Ltd, totaling 4,302,920 ordinary shares.

Summary

  • Cinctive Capital Management LP, Cinctive GP LLC, Richard H. Schimel, and Lawrence J. Sapanski collectively reported beneficial ownership of 4,302,920 Ordinary Shares of Lifezone Metals Ltd.
  • This ownership represents approximately 5.4% of the Ordinary Shares outstanding.
  • The total beneficial ownership includes 3,752,920 existing Ordinary Shares and 550,000 Ordinary Shares acquirable upon the exercise of Warrants.
  • The percentage is calculated based on 79,119,572 Ordinary Shares outstanding as of February 28, 2025, as reported by Lifezone Metals Ltd, plus the 550,000 shares from Warrants.
  • Cinctive Global Master Fund, Ltd has the right to receive dividends or proceeds from the sale of more than 5% of the Ordinary Shares beneficially owned by the Reporting Persons.
  • The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Lifezone Metals Ltd.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Disclosure of a significant institutional investor's stake may influence market perception and trading activity.

Key Dates

DateDescription
2025-02-28Date of 79,119,572 Ordinary Shares outstanding as reported in Issuer's Form 20-F.
2025-03-31Date of event which required the filing of this statement (ownership threshold crossed).
2025-04-09Date Issuer's annual report on Form 20-F was filed with the Commission.
2025-08-08Date the Schedule 13G statement was signed by the Reporting Persons.

Keywords

Lifezone Metals, Cinctive Capital Management, Beneficial Ownership, Schedule 13G, Ordinary Shares, Investment, Equity Stake

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