Schedule 13G


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
 
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
 
First Light Acquisition Group, Inc. 

(Name of Issuer)
 
Class A Common Stock

(Title of Class of Securities)
 
320703101

(CUSIP Number)
 
October 04, 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:
 
     x  Rule 13d-1(b)
 
     o  Rule 13d-1(c)
 
     o  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 the disclosures provided in a prior cover page.
 
The information required in 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.  320703101      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 DRIEHAUS CAPITAL MANAGEMENT LLC
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   o
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 Delaware, USA
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 0
   
6 SHARED VOTING POWER
  
 200000
   
7 SOLE DISPOSITIVE POWER
  
 0
   
8 SHARED DISPOSITIVE POWER
  
 200000
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 200000
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 4.84*%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IA
 

FOOTNOTES
  
 *Percent of class is based off the 4,128,024 outstanding shares of Class A Common Stock as reported in the Issuer's Form 8-K filed with the SEC of September 16, 2022.
 
 

 
 
CUSIP No.  320703101      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Driehaus Event Driven Fund
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   o
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 USA
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 0
   
6 SHARED VOTING POWER
  
 68127
   
7 SOLE DISPOSITIVE POWER
  
 0
   
8 SHARED DISPOSITIVE POWER
  
 68127
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 68127
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 1.65*%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IC
 

FOOTNOTES
  
 *Percent of class is based off the 4,128,024 outstanding shares of Class A Common Stock as reported in the Issuer's Form 8-K filed with the SEC of September 16, 2022.
 
 

 
 
CUSIP No.  320703101      
 
      
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 Destinations Multi Strategy Alternatives Fund
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 (a)   o
 (b)   o
   
3 SEC USE ONLY
  
  
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
  
 USA
    
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER
  
 0
   
6 SHARED VOTING POWER
  
 131873
   
7 SOLE DISPOSITIVE POWER
  
 0
   
8 SHARED DISPOSITIVE POWER
  
 131873
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
 131873
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
  
 o
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
 3.19*%
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
  
 IC
 

FOOTNOTES
  
 *Percent of class is based off the 4,128,024 outstanding shares of Class A Common Stock as reported in the Issuer's Form 8-K filed with the SEC of September 16, 2022.
 
 

 
 
Item 1.

 
(a)
Name of Issuer
 
 
First Light Acquisition Group, Inc.

 
(b)
Address of Issuer’s Principal Executive Offices
 
 
11110 Sunset Hills Road #2278
Reston, VA 20190

Item 2.

 
(a)
Name of Person Filing
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC
 
 
(2)
Driehaus Event Driven Fund
 
 
(3)
Destinations Multi Strategy Alternatives Fund

 
(b)
Address of Principal Business Office or, if none, Residence
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC
25 East Erie Street
Chicago, Illinois 60611
 
 
(2)
Driehaus Event Driven Fund
25 East Erie Street
Chicago, Illinois 60611
 
 
(3)
Destinations Multi Strategy Alternatives Fund
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312

 
(c)
Citizenship
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: Delaware, USA
 
 
(2)
Driehaus Event Driven Fund: United States
 
 
(3)
Destinations Multi Strategy Alternatives Fund: USA

 
(d)
Title of Class of Securities
 
 
Class A Common Stock

 
(e)
CUSIP Number
 
 
320703101

 
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)
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 
(b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 
(c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 
(d)
x
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

 
(e)
x
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 
(f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 
(g)
o
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 
(h)
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 
(i)
o
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);

 
(j)
o
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J).

 
(k)
o
A group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 
 
 

 
 
Item 4.
Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 
(a)
Amount beneficially owned:
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 200,000
 
 
(2)
Driehaus Event Driven Fund: 68,127
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 131,873

 
(b)
Percent of class:
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 4.84%
 
 
(2)
Driehaus Event Driven Fund: 1.65%
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 3.19%

 
(c)
Number of shares as to which the person has:

 
(i)
Sole power to vote or to direct the vote:
 
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 0
 
 
 
(2)
Driehaus Event Driven Fund: 0
 
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 0

 
(ii)
Shared power to vote or to direct the vote:
 
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 200,000
 
 
 
(2)
Driehaus Event Driven Fund: 68,127
 
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 131,873

 
(iii)
Sole power to dispose or to direct the disposition of:
 
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 0
 
 
 
(2)
Driehaus Event Driven Fund: 0
 
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 0

 
(iv)
Shared power to dispose or to direct the disposition of:
 
 
 
(1)
DRIEHAUS CAPITAL MANAGEMENT LLC: 200,000
 
 
 
(2)
Driehaus Event Driven Fund: 68,127
 
 
 
(3)
Destinations Multi Strategy Alternatives Fund: 131,873

Item 5.
Ownership of Five Percent or Less of a Class
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x .
 
As of the date hereof, Driehaus Capital Management LLC, Driehaus Event Driven Fund and Destinations Multi Strategy Alternatives Fund have ceased being beneficial owners of more than 5% of Class A Common Stock of First Light Acquisition Group, Inc.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
N/A
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
N/A
 
Item 8.
Identification and Classification of Members of the Group
 
N/A
 
Item 9.
Notice of Dissolution of Group
 
N/A
 
 
 

 
 
 
Item 10.
Certification
  
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
 
 

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.
 
 
 Driehaus Capital Management LLC
 
    
Date: October 13, 2022
By:
/s/  Janet McWilliams 
   Name: Janet McWilliams 
   Title:  General Counsel 
    
 
 
 
 Driehaus Capital Management LLC, as Sub-Adviser
 
    
Date: October 13, 2022
By:
/s/  Janet McWilliams 
   Name: Janet McWilliams 
   Title:  General Counsel 
    
 
 
 
 Driehaus Mutual Funds
 
    
Date: October 13, 2022
By:
/s/  Janet McWilliams 
   Name: Janet McWilliams 
   Title:  Chief Legal Offficer 
    
 
Footnotes:

Attention:
Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)
 
 


Joint Filing Agreement

This will confirm the agreement among the undersigned that the Schedule 13G filed on or about this date and any amendments thereto is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one in the same instrument.

Pursuant to and in accordance with the Exchange Act and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing with respect to beneficial ownership by the undersigned of shares of Class A Common Stock of First Light Acquisition Group, Inc., a Delaware corporation, required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with the Securities and Exchange Commission (and, if such security is registered on a national securities exchange, also with the exchange), and further agrees to the filing, furnishing, and/or incorporation by reference of this agreement as an exhibit thereto. This agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.

IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused this agreement to be executed and effective as of the date set forth below.

Date: October 13, 2022

DRIEHAUS CAPITAL MANAGEMENT LLC
By:
/s/ Janet McWilliams
Name:
Janet McWilliams
Title:
General Counsel

DRIEHAUS CAPITAL MANAGEMENT LLC, as a Sub-Adviser of the Destinations Multi Strategy Alternatives Fund, a series of Brinker Capital Destinations Trust
By:
/s/ Janet McWilliams
Name:
Janet McWilliams
Title:
General Counsel

DRIEHAUS MUTUAL FUNDS
By:
/s/ Janet McWilliams
Name:
Janet McWilliams
Title:
Chief Legal Officer