Company: NXNVW
Filing Date: 2025-04-25
Form Type: S-3
Source: 0001213900-25-035543
Chunk: 16

Company: NEXTNAV INC.
Filing Date: 2025-04-25
Form: S-3
Chunk 16
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”) and (ii) 1,114,649 Conversion Shares. Susquehanna Advisors Group, Inc. (“SAGI”), the authorized agent of CVI, has discretionary authority to vote and dispose of the shares held by CVI and may be deemed to be the beneficial owner of these shares. Michael Ferry may also be deemed to have investment discretion and/or voting power of the shares through SAGI and may be deemed to beneficially own the shares held by this entity. Mr. Ferry disclaims any such beneficial ownership of the shares. The selling securityholder’s principal address is c/o Susquehanna Advisors Group, Inc., 401 City Avenue, Suite 220, Bala Cynwyd, PA 19004. The selling securityholder is an affiliate of one or more broker-dealers and has represented to the Company that (1) it purchased the securities in the ordinary course of business and (2) at the time of purchase, it had no agreements or understandings, directly or indirectly, with any person to distribute the securities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (5) | Represents (i) 231,231 shares of Common Stock held by CCUR Holdings, Inc. (“CCUR”) and (ii) 59,713 Conversion Shares. Igor Volshteyn, as Chief Executive Officer of CCUR, may be deemed to have voting and dispositive power over the securities held by CCUR. The selling securityholder’s principal address is 3800 North Lamar Blvd, Suite 200, Austin, TX 78756.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (6) | Represents 3,980,891 Conversion Shares held directly by CF NNAV-CNV LLC (“CF NNAV-CNV”). FCOF V UL Investments LLC, a Delaware limited liability company (“FCOF V UL”), is the majority member of CF NNAV-CNV. Fortress Credit Opportunities Fund V(A) L.P., a Cayman limited partnership (“FCOF V(A)”), FCOF V B Investments LLC, a Delaware limited liability company, FCOF V CDG Investments LLC, a Delaware limited liability company, and Fortress Credit Opportunities Fund V(E) L.P., a Delaware limited partnership (“FCOF V(E)”) collectively hold a 100% interest in FCOF V UL. FCO Fund V GP LLC, a Delaware limited liability company (“FCO Fund V GP”) is the general partner of