Double Zero Capital LP's Late Filing of Schedule 13D for Osisko Development Corp.
Double Zero Capital LP, along with Brand Name GP LLC and Wen Hou, filed a Schedule 13D for Osisko Development Corp. due to an administrative oversight, resulting in a late filing. The filing discloses that Double Zero Capital LP acquired 36,600,000 units of Osisko Development Corp. at $2.04 per unit, totaling $74,664,000, as part of a private placement. The units consist of common shares and warrants. The filing also details the beneficial ownership of 47,476,245 common shares, representing 19.9% of the outstanding shares. The reporting persons believe the shares represent an attractive investment opportunity and may take future actions such as engaging with management, purchasing additional shares, or selling some or all of their shares. The filing includes joint filing agreements and other related documents.