SC 13G/A 1 eh230328936_13ga1-ewc.htm AMENDMENT NO. 1

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

European Wax Center, Inc.

(Name of Issuer)
 

Class A common stock, par value $0.00001 per share

(Title of Class of Securities)
 

29882P106

(CUSIP Number)
 

December 31, 2022

(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)
  Rule 13d-1(c)
  Rule 13d-1(d)

 

*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 (“Act”) 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).

 

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 2 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

22,817,201

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

22,817,201

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,817,201

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

41.5%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 3 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic Partners AIV-1 A, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

8,023,245

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

8,023,245

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,023,245

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

14.6%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 4 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic Partners AIV-1 B, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

12,749,506

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

12,749,506

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

12,749,506

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

23.2%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 5 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments CDA, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 6 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments III, LLC

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

OO

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 7 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments IV, LLC

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

OO

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 8 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAP Coinvestments V, LLC

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

OO

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 9 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic (SPV) GP, LLC

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

22,817,201

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

22,817,201

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,817,201

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

41.5%

 
12

TYPE OF REPORTING PERSON

 

OO

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 10 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic GenPar, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

22,817,201

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

22,817,201

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,817,201

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

41.5%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 11 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic GenPar (EW), L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

8,023,245

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

8,023,245

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,023,245

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

14.6%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 12 of 25

 

 

1

NAME OF REPORTING PERSON

 

General Atlantic Partners AIV (EW), L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

8,023,245

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

8,023,245

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,023,245

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

14.6%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 13 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAPCO AIV Holdings, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 14 of 25

 

 

1

NAME OF REPORTING PERSON

 

GAPCO AIV Interholdco (EW), L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

2,044,450

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

2,044,450

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,044,450

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.7%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 15 of 25

 

 

1

NAME OF REPORTING PERSON

 

GA AIV-1 B Interholdco, L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

12,749,506

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

12,749,506

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

12,749,506

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

23.2%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 16 of 25

 

 

1

NAME OF REPORTING PERSON

 

GA AIV-1 B Interholdco (EW), L.P.

 
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) 

(b) 

3

SEC USE ONLY

 

 

 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF

SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

12,749,506

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

12,749,506

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

12,749,506

 
10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

23.2%

 
12

TYPE OF REPORTING PERSON

 

PN

 

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 17 of 25

 

 

Item 1. (a) NAME OF ISSUER
     
  European Wax Center, Inc. (the “Company”).
     
  (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
     
  5830 Granite Parkway, 3rd Floor, Plano, Texas 75024.
     
Item 2. (a) NAMES OF PERSONS FILING

 

  This Statement is being filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
     
  (i) General Atlantic, L.P. (“GA LP”);
     
  (ii) General Atlantic Partners AIV-1 A, L.P. (“GAP AIV-1 A”);
     
  (iii) General Atlantic Partners AIV-1 B, L.P. (“GAP AIV-1 B”);
     
  (iv) GAP Coinvestments CDA, L.P. (“GAPCO CDA”);
     
  (v) GAP Coinvestments III, LLC (“GAPCO III”);
     
  (vi) GAP Coinvestments IV, LLC (“GAPCO IV”);
     
  (vii) GAP Coinvestments V, LLC (“GAPCO V”);
     
  (viii) General Atlantic (SPV) GP, LLC (“GA SPV”);
     
  (ix) General Atlantic GenPar, L.P. (“GenPar”);
     
  (x) General Atlantic GenPar (EW), L.P. (“GenPar EW”);
     
  (xi) General Atlantic Partners AIV (EW), L.P. (“GAP AIV EW”);
     
  (xii) GAPCO AIV Holdings, L.P. (“GAPCO AIV Holdings”)
     
  (xiii) GAPCO AIV Interholdco (EW), L.P. (“GAPCO AIV Interholdco EW”);
     
  (xiv) GA AIV-1 B Interholdco, L.P. (“GA AIV-1 B Interholdco”); and
     
  (xv) GA AIV-1 B Interholdco (EW), L.P. (“GA AIV-1 B Interholdco”).

 

 

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 18 of 25

 

 

  (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
     
    The principal address of each of the Reporting Persons is c/o General Atlantic Service Company, L.P., 55 East 52nd Street, 33rd Floor, New York, NY 10055.
     
  (c) CITIZENSHIP

 

  (i) GA LP – Delaware
     
  (ii) GAP AIV-1 A – Delaware
     
  (iii) GAP AIV-1 B – Delaware
     
  (iv) GAPCO CDA – Delaware
     
  (v) GAPCO III – Delaware
     
  (vi) GAPCO IV – Delaware
     
  (vii) GAPCO V – Delaware
     
  (viii) GA SPV – Delaware
     
  (ix) GenPar – Delaware
     
  (x) GenPar EW – Delaware
     
  (xi) GAP AIV EW – Delaware
     
  (xii)

GAPCO AIV Holdings – Delaware

     
  (xiii) GAPCO AIV Interholdco EW – Delaware
     
 

(xiv)

GA AIV-1 B Interholdco – Delaware

     
  (xv) GA AIV-1 B Interholdco EW – Delaware

 

  (d) TITLE OF CLASS OF SECURITIES
     
    Class A common stock, par value $0.00001 per share (the “Class A common stock”)
     
  (e) CUSIP NUMBER
     
    29882P106

 

 

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 19 of 25

 

 

Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS:
   
  Not applicable.
   
Item 4. OWNERSHIP
   
  As of December 31, 2022, the Reporting Persons owned the following number of shares of the Company’s Class A common stock:

 

  (i) GA LP owned of record no shares of Class A common stock or 0.0% of the issued and outstanding Class A common stock
     
  (ii) GAP AIV-1 A owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (iii) GAP AIV-1 B owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (iv) GAPCO CDA owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (v) GAPCO III owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (vi) GAPCO IV owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (vii) GAPCO V owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (viii) GA SPV owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (ix) GenPar owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (x) GenPar EW owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (xi)

GAP AIV EW owned of record 8,023,245 shares of Class B common stock of the Company, par value $0.00001, each convertible, together with a corresponding non-voting common unit of EWC Ventures, LLC (an "EWC Venture Unit"), a subsidiary of the Company, into one Class A common share, or 14.6% of the issued and outstanding shares of Class A common stock.

 

  (xii) GAPCO AIV Holdings owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (xiii)

GAPCO AIV Interholdco EW owned of record 2,044,450 shares of Class A common stock or 3.7% of the issued and outstanding shares of Class A common stock based on (i) 360,986 shares of Class A common stock and (ii) 1,683,464 shares of Class B common stock of the Company, par value $0.00001, each convertible, together with a corresponding EWC Venture Unit, into one Class A common share.

     
  (xiv) GA AIV-1 B Interholdco owned of record no shares of Class A common stock or 0.0% of the issued and outstanding shares of Class A common stock
     
  (xv)

GA AIV-1 B Interholdco EW owned of record 12,749,506 shares of Class A common stock or 23.2% of the issued and outstanding shares of Class A common stock

 

 

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 20 of 25

 

 

The GA Funds (as hereinafter defined) share the beneficial ownership of the shares held of record by GA AIV-1 B Interholdco EW, GAPCO AIV Interholdco EW and GAP AIV EW. The “GA Funds” are GAP AIV-1 A, GAP AIV-1 B, GA AIV-1 B Interholdco, GAPCO CDA, GAPCO AIV Holdings, GAPCO III, GAPCO IV and GAPCO V. GenPar EW is the general partner of GAP AIV EW. GA SPV is the general partner of GenPar EW, GAPCO AIV Holdings, GA AIV-1 B Interholdco EW and GAPCO AIV Interholdco EW. The general partner of GAP AIV-1 A, GAP AIV-1 B and GA AIV-1 B Interholdco is GenPar. The general partner of GenPar is GA LP. GA LP is the sole member of GA SPV, the managing member of GAPCO III, GAPCO IV and GAPCO V and the general partner of GAPCO CDA. GA AIV-1 B Interholdco EW, GAPCO AIV Interholdco EW, GAP AIV EW, the GA Funds, GenPar EW, GA SPV, GenPar, and GA LP are a “group” within the meaning of Rule 13d-5 of the Securities Exchange Act of 1934, as amended. GA LP is controlled by the Management Committee of GASC MGP, LLC (the “GA Management Committee”). Each of the members of the GA Management Committee disclaims ownership of all such shares except to the extent that he has a pecuniary interest therein. The name, the address and the citizenship of each of the members of the GA Management Committee as of the date hereof is attached hereto as Schedule A and is hereby incorporated by reference.

 

Amount Beneficially Owned:

By virtue of the relationship described above, each of the Reporting Persons may be deemed to beneficially own the shares of Class A common stock indicated on row (9) on such Reporting Person’s cover page included herein.

 

Percentage Owned:

All calculation of percentage ownership herein are based on an aggregate of 54,972,170 shares Class A common stock outstanding, consisting of (i) 45,265,461 shares of Class A common stock reported by the Company to be outstanding as reflected in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission on November 3, 2022 and (ii) 9,706,709 shares of Class A common stock issuable upon conversion of the shares of Class B common stock and EWC Ventures Units held by GAP AIV EW and GAPCO AIV Interholdco EW.

 

Number of Shares as to Which Such Person Has Sole/Shared Power to Vote or to Direct the Vote and Sole/Shared Power to Dispose or to Direct the Disposition of:

  (i) Each of the Reporting Persons may be deemed to have the sole power to direct the voting and dispositions of the shares of Class A common stock as indicated on such Reporting Person’s cover page included herein.
     
  (ii) Each of the Reporting Persons may be deemed to share the power to direct the voting and dispositions of the shares of Class A common stock as indicated on such Reporting Person’s cover page included herein.

 

Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
   
  Not applicable.

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 21 of 25

 

 

Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
   
  Not applicable.
   
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
   
  Not applicable.
   
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
   
  See Item 2, which states the identity of the members of the group filing this Schedule 13G.
   
Item 9. NOTICE OF DISSOLUTION OF GROUP
   
  Not applicable.
   
Item 10. CERTIFICATION
   
  Not applicable.

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 22 of 25

 

 

Exhibit Index

 

Exhibit 1:

Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (as previously filed).

 

 

 

 

 

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 23 of 25

 

 

SIGNATURES

 

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.

 

Dated as of February 13, 2023

 

  GENERAL ATLANTIC, L.P.  
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GENERAL ATLANTIC PARTNERS AIV-1 A, L.P.  
         
  By: GENERAL ATLANTIC GENPAR, L.P., its general partner   
       
  By: GENERAL ATLANTIC, L.P., its general partner  
         
         
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GENERAL ATLANTIC PARTNERS AIV-1 B, L.P.  
         
  By: GENERAL ATLANTIC GENPAR, L.P., its general partner  
       
  By: GENERAL ATLANTIC, L.P., its general partner  
       
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GAP COINVESTMENTS CDA, L.P.  
         
  By:  GENERAL ATLANTIC, L.P., its general partner  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

  

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 24 of 25

 

 

 

GAP COINVESTMENTS III, LLC

 
       
  By: GENERAL ATLANTIC, L.P., its managing member  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GAP COINVESTMENTS IV, LLC  
       
  By: GENERAL ATLANTIC, L.P., its managing member  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GAP COINVESTMENTS V, LLC  
         
  By: GENERAL ATLANTIC, L.P., its managing member   
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GENERAL ATLANTIC (SPV) GP, LLC  
       
  By: GENERAL ATLANTIC, L.P., its sole member   
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GENERAL ATLANTIC GENPAR, L.P.  
       
  By: GENERAL ATLANTIC, L.P., its general partner   
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  

 

  Title: Managing Director  

 

 

 

 

CUSIP No. 29882P106 SCHEDULE 13G Page 25 of 25

 

 

 

GENERAL ATLANTIC GENPAR (EW), L.P.

 
         
  By:  GENERAL ATLANTIC (SPV) GP, LLC, its general partner    
       
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GENERAL ATLANTIC PARTNERS AIV (EW), L.P.  
         
  By:  GENERAL ATLANTIC GENPAR (EW), L.P., its general partner   
       
  By: GENERAL ATLANTIC (SPV) GP, LLC, its general partner  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

  GAPCO AIV HOLDINGS, L.P.  
         
  By: GENERAL ATLANTIC (SPV) GP, LLC, its general partner  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
     
     
  GAPCO AIV INTERHOLDCO (EW), L.P.  
         
  By:  GENERAL ATLANTIC (SPV) GP, LLC, its general partner    
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  
         

 

  GA AIV-1 B INTERHOLDCO, L.P.  
         
  By: GENERAL ATLANTIC GENPAR, L.P., its general partner   
       
  By: GENERAL ATLANTIC, L.P., its general partner  
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

GA AIV-1 B INTERHOLDCO (EW), L.P.

 
         
  By:  GENERAL ATLANTIC (SPV) GP, LLC, its general partner   
       
  By: /s/ Michael Gosk  
    Name: Michael Gosk  
    Title: Managing Director  

 

 

 

 

SCHEDULE A

 

Members of the GA Management Committee (as of the date hereof)

 

Name Address Citizenship

William E. Ford

(Chief Executive Officer)

55 East 52nd Street

33rd Floor

New York, New York 10055

United States
Gabriel Caillaux

23 Savile Row

London W1S 2ET

United Kingdom

France
Andrew Crawford

55 East 52nd Street

33rd Floor

New York, New York 10055

United States
Martín Escobari

55 East 52nd Street

33rd Floor

New York, New York 10055

Bolivia and Brazil
Anton J. Levy

55 East 52nd Street

33rd Floor

New York, New York 10055

United States
Sandeep Naik

Asia Square Tower 1

8 Marina View, #41-04

Singapore 018960

United States
Graves Tompkins

55 East 52nd Street

33rd Floor

New York, New York 10055

United States
N. Robbert Vorhoff

55 East 52nd Street

33rd Floor

New York, New York 10055

United States
Eric Zhang

Suite 5704-5706, 57F

Two IFC, 8 Finance Street

Central, Hong Kong, China

Hong Kong SAR