# EDGAR Filing Document

**Accession Number:** 0001856725
**File Stem:** 0001104659-23-032653
**Filing Date:** 2023-3
**Character Count:** 22787
**Document Hash:** 918dd2cceb7f394480fc2a713ccddae9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-032653.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0001104659-23-032653

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**GROUP MEMBERS**: SOUTH CONE INVESTMENTS LIMITED PARTNERSHIP

**GROUP MEMBERS**: SOUTH LAKE MANAGEMENT LLC

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rani Therapeutics Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001856725
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92761
- **FILM NUMBER:** 23733900

**BUSINESS ADDRESS:**
- **STREET 1:** 2051 RINGWOOD AVENUE
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95131
- **BUSINESS PHONE:** (408) 457-3700

**MAIL ADDRESS:**
- **STREET 1:** 2051 RINGWOOD AVENUE
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95131
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** South Lake One LLC
- **CENTRAL INDEX KEY:** 0001794292
- **IRS NUMBER:** 371948818
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 250 WEST 55TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 56227989600

**MAIL ADDRESS:**
- **STREET 1:** 250 WEST 55TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** South Lake One, LLC
- **DATE OF NAME CHANGE:** 20191115

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**SCHEDULE 13D/A**

**Under the Securities Exchange Act of 1934<br> (Amendment No. 2)\***

**Rani Therapeutics Holdings, Inc.**

**(Name of Issuer)**

**Class A Common Stock, par value $0.0001 per share**

**(Title of Class of Securities)**

**753018 100**

**(CUSIP Number)**

**Luis Felipe Correa González**

**South Lake One LLC**

**Avenida Presidente Riesco 5711**

**Oficina 1603, Las Condes, Santiago, Chile**

**+56 22 798-9600**

**(Name, Address and Telephone Number of Person Authorized<br> to Receive Notices and Communications)**

**March 13, 2023**

**(Date of Event Which Requires Filing of this Statement)**

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ◻.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

---

| | | | |
|:---|:---|:---|:---|
| 1 | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Cone Investments Limited Partnership | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Cone Investments Limited Partnership | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Cone Investments Limited Partnership |
| 2 | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ |
| 3 | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY |
| 4 | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO |
| 5 | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp;¨ |
| 6 | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Canada |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp; SOLE VOTING POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp; SHARED VOTING POWER<br> 0 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;9 | &nbsp;&nbsp; SOLE DISPOSITIVE POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;10 | &nbsp;&nbsp; SHARED DISPOSITIVE POWER<br> 0 |
| 11 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 |
| 12 | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;¨ |
| 13 | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% |
| 14 | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>PN | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>PN | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>PN |

---

---

| | | | |
|:---|:---|:---|:---|
| 1 | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake One LLC | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake One LLC | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake One LLC |
| 2 | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ |
| 3 | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY |
| 4 | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO |
| 5 | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp;¨ |
| 6 | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp; SOLE VOTING POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp; SHARED VOTING POWER<br> 0 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;9 | &nbsp;&nbsp; SOLE DISPOSITIVE POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;10 | &nbsp;&nbsp; SHARED DISPOSITIVE POWER<br> 0 |
| 11 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 |
| 12 | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;¨ |
| 13 | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% |
| 14 | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO |

---

---

| | | | |
|:---|:---|:---|:---|
| 1 | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake Management LLC | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake Management LLC | &nbsp;&nbsp; NAME OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>South Lake Management LLC |
| 2 | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)<br>(a) ◻<br> (b) ◻ |
| 3 | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp; SEC USE ONLY |
| 4 | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO | &nbsp;&nbsp; SOURCE OF FUNDS (See Instructions)<br>OO |
| 5 | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp; CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | &nbsp;&nbsp;¨ |
| 6 | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;7 | &nbsp;&nbsp; SOLE VOTING POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;8 | &nbsp;&nbsp; SHARED VOTING POWER<br> 0 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;9 | &nbsp;&nbsp; SOLE DISPOSITIVE POWER<br> 6,778,550 |
| &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON | &nbsp;&nbsp;10 | &nbsp;&nbsp; SHARED DISPOSITIVE POWER<br> 0 |
| 11 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 | &nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>6,778,550 |
| 12 | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | &nbsp;&nbsp;¨ |
| 13 | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% | &nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 27.20% |
| 14 | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO | &nbsp;&nbsp; TYPE OF REPORTING PERSON (See Instructions)<br>OO |

---

This Amendment No. 2 ("<u>Amendment No. 2</u>") supplements and amends the Statement on Schedule 13D filed on August 9, 2021, as amended by Amendment No. 1 filed on February 1, 2022 (collectively, the "<u>Prior 13D Filings</u>"), relating to the beneficial ownership of certain shares of Class A common stock, $0.0001 par value per share (the "<u>Class A Common Stock</u>"), of Rani Therapeutics Holdings, Inc. (the "<u>Issuer</u>"), a Delaware corporation. Information reported in the Prior 13D Filings remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment No. 2. Unless otherwise indicated, capitalized terms used but not otherwise defined herein shall have the meaning assigned to such terms in the Prior 13D Filings. Responses to each item of this Amendment No. 2 are incorporated by reference into the response to each other item, as applicable.

**Item 3.** **Source and Amount of Funds or Other Consideration.**

Since the Prior 13D Filings, South Lake One purchased an aggregate of 249,194 shares of Class A Common Stock for an aggregate of $1,731,267.02 in multiple open-market purchases during November 2022, December 2022, January 2023, February 2023, and March 2023, in each case as previously reported on a Form 4 filed with the SEC.

The funds used by South Lake One to purchase the Class A Common Stock were obtained from its working capital.

**Item 4.** **Purpose of the Transaction.**

The information contained above in Item 3 of this Statement is incorporated herein by reference.

The Reporting Persons acquired and hold the shares of Class A Common Stock reported herein for investment purposes. The Reporting Persons intend to review their investment on a regular basis and, as a result thereof, may at any time or from time to time determine to, directly or indirectly (a) acquire additional securities of the Issuer, through open market purchases, privately negotiated transactions or otherwise, (b) dispose of all or a portion of the securities of the Issuer owned by it in the open market, in privately negotiated transactions or otherwise, (c) enter into privately negotiated derivative transactions with institutional counterparties to hedge the market risk of some or all of its positions in the securities of the Issuer or (d) take any other available course of action, which could involve one or more of the types of transactions or have one or more of the results described in clauses (a) through (j) of Item 4 of Schedule 13D. Any such acquisition or disposition or other transaction would be made in compliance with all applicable laws and regulations. Notwithstanding anything contained herein, the Reporting Persons specifically reserve the right to change their intention with respect to any or all of such matters. In reaching any decision as to its course of action (as well as to the specific elements thereof), the Reporting Persons currently expect that it would take into consideration a variety of factors, including, but not limited to, the following: (i) the Issuer's business and prospects; (ii) other developments concerning the Issuer and its businesses generally; (iii) other business opportunities available to the Reporting Persons; (iv) changes in law and government regulations; (v) general economic conditions; and (vi) financial and stock market conditions, including the market price of the securities of the Issuer. Except as set forth herein or in the Prior 13D Filings, the Reporting Persons have no present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D.

**Item 5.** **Interest in Securities of the Issuer.** 

---

| | |
|:---|:---|
| (a) – (b) | South Lake Management indirectly holds an aggregate of 6,778,550 shares of Class A Common Stock of the Issuer. Each share of Class A Common Stock is entitled to one vote. South Lake Management beneficially owns 27.20% of the outstanding Class A Common Stock of the Issuer. |

---

South Cone indirectly holds an aggregate of 6,778,550 shares of Class A Common Stock of the Issuer. Each share of Class A Common Stock is entitled to one vote. South Cone beneficially owns 27.20% of the outstanding Class A Common Stock of the Issuer.

South Lake One directly holds an aggregate of 6,778,550 shares of Class A Common Stock of the Issuer. Each share of Class A Common Stock is entitled to one vote. South Lake One directly owns 27.20% of the outstanding Class A Common Stock of the Issuer.

South Lake Management, through South Cone, indirectly controls South Lake One, which has sole voting power and sole dispositive power with respect to 6,778,550 shares of Class A Common Stock of the Issuer held directly by it. South Lake One is wholly owned by South Cone, which is controlled by its general partner, South Lake Management, which is controlled by its Board of Managers.

The shares of Class A Common Stock owned by the Reporting Persons as a percentage of the outstanding shares of Class A Common Stock of the Issuer presented in this Statement is based upon 24,918,045 shares of Class A Common Stock outstanding as of December 31, 2022, which was provided by the Issuer.

(c) The information set forth in Item 3 and Item 4 of this Statement is incorporated by reference herein.

(d) Not applicable.

(e) Not applicable.

**Item 7.** **Materials to be Filed as Exhibits.** 

[Exhibit 99.1 — Joint Filing Agreement, dated March 15, 2023.](tm238347d5_ex99-1.htm)

**SIGNATURE**

After reasonable inquiry and to the best of each of the Prior Reporting Person's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: March 15, 2023

---

| | |
|:---|:---|
| **South Lake Management LLC** | **South Lake Management LLC** |
| By: | /s/ Isidoro Quiroga Cortés |
| Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
| Title: Manager | Title: Manager |
| By: | /s/ Luis Felipe Correa González |
| Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
| Title: Manager | Title: Manager |

---

---

| | | |
|:---|:---|:---|
| **South Cone Investments Limited Partnership** | **South Cone Investments Limited Partnership** | **South Cone Investments Limited Partnership** |
| **By** | **South Lake Management LLC, as General Partner** | **South Lake Management LLC, as General Partner** |
|  | By: | /s/ Isidoro Quiroga Cortés |
|  | Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
|  | Title: Manager | Title: Manager |
|  | By: | /s/ Luis Felipe Correa González |
|  | Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
|  | Title: Manager | Title: Manager |

---

---

| | |
|:---|:---|
| **South Lake One LLC** | **South Lake One LLC** |
| By: | /s/ Isidoro Quiroga Cortés |
| Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
| Title: Manager | Title: Manager |
| By: | /s/ Luis Felipe Correa González |
| Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
| Title: Manager | Title: Manager |

---

## Exhibit 99.1

**EXHIBIT 99.1**

**SCHEDULE 13D JOINT FILING AGREEMENT**

In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this Joint Filing Agreement is attached and have duly executed this Joint Filing Agreement as of March 15, 2023.

---

| | |
|:---|:---|
| **South Lake Management LLC** | **South Lake Management LLC** |
| By: | /s/ Isidoro Quiroga Cortés |
| Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
| Title: Manager | Title: Manager |
| By: | /s/ Luis Felipe Correa González |
| Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
| Title: Manager | Title: Manager |

---

---

| | | |
|:---|:---|:---|
| **South Cone Investments Limited Partnership** | **South Cone Investments Limited Partnership** | **South Cone Investments Limited Partnership** |
| **By** | **South Lake Management LLC, as General Partner** | **South Lake Management LLC, as General Partner** |
|  | By: | /s/ Isidoro Quiroga Cortés |
|  | Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
|  | Title: Manager | Title: Manager |
|  | By: | /s/ Luis Felipe Correa González |
|  | Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
|  | Title: Manager | Title: Manager |

---

---

| | |
|:---|:---|
| **South Lake One LLC** | **South Lake One LLC** |
| By: | /s/ Isidoro Quiroga Cortés |
| Name: Isidoro Quiroga Cortés | Name: Isidoro Quiroga Cortés |
| Title: Manager | Title: Manager |
| By: | /s/ Luis Felipe Correa González |
| Name: Luis Felipe Correa González | Name: Luis Felipe Correa González |
| Title: Manager | Title: Manager |

---