SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SVF II WW Holdings (Cayman) Ltd

(Last) (First) (Middle)
C/O WALKERS CORP LTD.,190 ELGIN AVENUE

(Street)
GEORGE TOWN, GRAND CAYMAN, E9 KY1-9008

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WeWork Inc. [ WE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Former 10% Owner
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/11/2024 J(1) 35,829,976(2) D (1) 0 I By SVF II WW Holdings (Cayman) Limited(3)
Class A Common Stock 06/11/2024 J(1) 101,239(2) D (1) 0 I By SVF II WW (DE) LLC(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (1) 06/11/2024 J(1) 723,720 (1) (1) Class A Common Stock 723,720(2) (1) 0 I By SVF II WW Holdings (Cayman) Limited(3)
Warrants (1) 06/11/2024 J(1) 126,432 (1) (1) Class A Common Stock 126,432(2) (1) 0 I By SVF II WW (DE) LLC(3)
Warrants (1) 06/11/2024 J(1) 298,089 (1) (1) Class A Common Stock 298,089(2) (1) 0 I By SVF II WW Holdings (Cayman) Limited(3)
11.000% Second Lien Exchangeable PIK Notes due 2027 (4) 06/11/2024 J(4) $187,500,000 (4) (4) Class A Common Stock 3,904,037(2) (4) $0 I By SVF II Aggregator (Jersey) L.P.(3)
12.000% Third Lien Exchangeable PIK Notes due 2027 (4) 06/11/2024 J(4) $269,625,000 (4) (4) Class A Common Stock 5,614,006(2) (4) $0 I By SVF II Aggregator (Jersey) L.P.(3)
1. Name and Address of Reporting Person*
SVF II WW Holdings (Cayman) Ltd

(Last) (First) (Middle)
C/O WALKERS CORP LTD.,190 ELGIN AVENUE

(Street)
GEORGE TOWN, GRAND CAYMAN, E9 KY1-9008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Former 10% Owner
1. Name and Address of Reporting Person*
SVF II WW (DE) LLC

(Last) (First) (Middle)
251 LITTLE FALLS DRIVE,

(Street)
WILMINGTON, DE 19808

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Former 10% Owner
1. Name and Address of Reporting Person*
SVF II Holdings (DE) LLC

(Last) (First) (Middle)
251 LITTLE FALLS DRIVE,

(Street)
WILMINGTON, DE 19808

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Former 10% Owner
1. Name and Address of Reporting Person*
SVF II Aggregator (Jersey) L.P.

(Last) (First) (Middle)
CRESTBRIDGE LIMITED, 47 ESPLANADE,

(Street)
ST. HELIER, Y9 JE1 0BD

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Former 10% Owner
Explanation of Responses:
1. On November 6, 2023, the Issuer and certain of its direct and indirect subsidiaries (together with the Issuer, the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the District of New Jersey (the "Bankruptcy Court"), seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On May 30, 2024, the Bankruptcy Court entered an order confirming the Debtors' Third Amended Joint Chapter 11 Plan of Reorganization of WeWork Inc. and its Debtor Subsidiaries (the "Plan"), and on June 11, 2024 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. On the Effective Date, all outstanding existing shares of Class A common stock (the "Old Common Stock") and warrants, each exercisable for shares of Old Common Stock, were cancelled and extinguished pursuant to the Plan.
2. Reflects a 1-for-40 reverse stock split effected by the Issuer on September 1, 2023.
3. SoftBank Group Corp., which is a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is exclusively responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments, including as held by SVF II WW (DE) LLC and SVF II WW Holdings (Cayman) Limited. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II WW (DE) LLC. SVF II WW Holdings (Cayman) Limited is a wholly owned subsidiary of SVF II WW (DE) LLC. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein.
4. On the Effective Date, pursuant to the Plan, each of the Second Lien Exchangeable Notes and the Third Lien Exchangeable Notes were cancelled.
SVF II WW Holdings (Cayman) Limited, By: /s/ Karen Ellerbe, as Director 06/13/2024
SVF II WW (DE) LLC, By: /s/ Jonathan Duckles, as Director 06/13/2024
SVF II Holdings (DE) LLC, By: /s/ Jonathan Duckles, as Director 06/13/2024
SVF II Aggregator (Jersey) L.P., By SB Global Advisers Limited, its Manager, By: /s/ Alex Clavel, as Director 06/13/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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