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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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PRESIDIO PRODUCTION Co (Name of Issuer) |
Class A common stock, par value $0.0001, per share (Title of Class of Securities) |
74102N101 (CUSIP Number) |
(Date of Event Which Requires Filing of this Statement)
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
Rule 13d-1(b)
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Rule 13d-1(c)
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Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP Number(s): | 74102N101 |
| 1 | Names of Reporting Persons
EQV Ventures Sponsor LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
7,820,292.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
28.1 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
PRESIDIO PRODUCTION Co | |
| (b) | Address of issuer's principal executive offices:
500 W. 7th Street, Suite 1500, Fort Worth, Texas 76102 | |
| Item 2. | ||
| (a) | Name of person filing:
This statement is filed by EQV Ventures Sponsor LLC, referred to herein as the "Reporting Person." | |
| (b) | Address or principal business office or, if none, residence:
1090 Center Drive, Park City, UT 84098 | |
| (c) | Citizenship:
See response to Item 4 on the cover page. | |
| (d) | Title of class of securities:
Class A common stock, par value $0.0001, per share | |
| (e) | CUSIP Number(s):
74102N101 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
See response to Item 9 on the cover page.
The reported securities are directly held by EQV Ventures Sponsor LLC. The reported securities include (i) 1,851,161 Class A Shares (the "Earn-Out Shares") which, pursuant to that certain sponsor letter agreement entered into on August 5, 2025, by and among EQV Ventures Sponsor LLC, Presidio Midco Inc., the Issuer, Prometheus Holdings LLC, Presidio Investment Holdings LLC and certain other individuals thereto (the "Sponsor Letter Agreement"), are subject to vesting (or forfeiture) on the basis of achieving certain trading price thresholds during the first five years following the Closing pursuant to an earnout program, with 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $12.50 per share and 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $15.00 per share; (ii) 3,702,323 Class A Shares ("DRIP Shares") that are subject to restrictions and forfeiture provisions during the first three years following the Closing pursuant to a dividend reinvestment program, which will fall away during the first three years following the Closing, with one-third of the DRIP Shares vesting on the date that is 12 months following the Closing, one-half of the remaining DRIP Shares vesting on the date that is 24 months following the Closing and the remaining DRIP Shares vesting on the date that is 36 months following the Closing; and (iii) 133,332 Class A Shares issuable upon exercise of Warrants. The Reporting Person is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerry Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the reported securities and the filing of this Statement shall not be deemed an admission by the Reporting Person or any of the Managers of the beneficial ownership of the reported securities for purposes of Section 13(d) or 13(g) or for any other purpose. The business address of each of these individuals is c/o EQV Ventures Sponsor LLC, 1090 Center Drive, Park City, UT 84098. | |
| (b) | Percent of class:
See response to Item 11 on the cover page. | |
| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
See response to Item 5 on the cover page. | ||
| (ii) Shared power to vote or to direct the vote:
See response to Item 6 on the cover page. | ||
| (iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on the cover page. | ||
| (iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on the cover page. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
Not Applicable
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Rule 13d-1(b)
Rule 13d-1(d)