If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

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).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 1,318,372 shares of Class A Common Stock and (ii) 17,890,338 shares of Class A Common Stock issuable upon conversion of 385,225 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 1,318,372 shares of Class A Common Stock and (ii) 17,890,338 shares of Class A Common Stock issuable upon conversion of 385,225 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 45,217 shares of Class A Common Stock and (ii) 611,352 shares of Class A Common Stock issuable upon conversion of 13,164 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 131,290 shares of Class A Common Stock and (ii) 1,725,525 shares of Class A Common Stock issuable upon conversion of 37,155 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 692,222 shares of Class A Common Stock and (ii) 8,939,573 shares of Class A Common Stock issuable upon conversion of 192,492 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D




Comment for Type of Reporting Person:
The amounts of shares reported on this cover page consist of (i) 449,643 shares of Class A Common Stock and (ii) 6,613,887 shares of Class A Common Stock issuable upon conversion of 142,414 shares of Series A Mandatorily Convertible Preferred Stock (the "Preferred Stock"). The shares of Preferred Stock will automatically convert on the third anniversary of the issue date into shares of Class A Common Stock, as further described herein. The aggregate percentage is based on (i) approximately 16,321,615 shares of Class A Common Stock outstanding and (ii) assumes the conversion of 2,454,936 shares of Preferred Stock into approximately 114,010,348 shares of Class A Common Stock.


SCHEDULE 13D


 
Strategic Value Partners, LLC
 
Signature:/s/ Lewis Schwartz
Name/Title:Chief Financial Officer
Date:09/18/2026
 
Victor Khosla
 
Signature:/s/ Victor Khosla
Name/Title:Victor Khosla
Date:09/18/2026
 
Strategic Value Excelsior Fund, L.P.
 
Signature:By SVP Excelsior Management LLC
Name/Title:its investment manager
Date:09/18/2026
 
Signature:/s/ Lewis Schwartz
Name/Title:Chief Financial Officer
Date:09/18/2026
 
Strategic Value Capital Solutions II MF L.P.
 
Signature:By SVP Capital Solutions II LLC
Name/Title:its investment manager
Date:09/18/2026
 
Signature:/s/ Lewis Schwartz
Name/Title:Chief Financial Officer
Date:09/18/2026
 
Strategic Value Special Situations Master Fund V, L.P.
 
Signature:By SVP Special Situations V LLC
Name/Title:its investment manager
Date:09/18/2026
 
Signature:/s/ Lewis Schwartz
Name/Title:Chief Financial Officer
Date:09/18/2026
 
Strategic Value Special Situations VI MF, L.P.
 
Signature:By SVP Special Situations VI LLC
Name/Title:its investment manager
Date:09/18/2026
 
Signature:/s/ Lewis Schwartz
Name/Title:Chief Financial Officer
Date:09/18/2026
EX-99.1

 

EXHIBIT 1

AGREEMENT

The persons below hereby agree that the Schedule 13D to which this agreement is attached as an exhibit, as well as all future amendments to such Schedule 13D, shall be filed on behalf of each of them. This agreement is intended to satisfy the requirements of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934.

Date: September 18, 2026

 

STRATEGIC VALUE PARTNERS, LLC

 

 

By: /s/ Lewis Schwartz

Name: Lewis Schwartz

Title: Chief Financial Officer

 

 

/s/ Victor Khosla

VICTOR KHOSLA

 

 

STRATEGIC VALUE EXCELSIOR FUND, L.P.

 

By: SVP Excelsior Management LLC, its investment manager

 

 

By: /s/ Lewis Schwartz

Name: Lewis Schwartz

Title: Chief Financial Officer

 

STRATEGIC VALUE CAPITAL SOLUTIONS II MF L.P.

 

By: SVP Capital Solutions II LLC, its investment manager

 

 

By: /s/ Lewis Schwartz

Name: Lewis Schwartz

Title: Chief Financial Officer

 

STRATEGIC VALUE SPECIAL SITUATIONS MASTER FUND V, L.P.

 

By: SVP Special Situations V LLC, its investment manager

 

 

 


 

By: /s/ Lewis Schwartz

Name: Lewis Schwartz

Title: Chief Financial Officer

 

 

STRATEGIC VALUE SPECIAL SITUATIONS VI MF, L.P.

 

By: SVP Special Situations VI LLC, its investment manager

 

 

By: /s/ Lewis Schwartz

Name: Lewis Schwartz

Title: Chief Financial Officer

 

2


EX-99.2

Schedule A

 

Fund

Date

Transaction

Security

Number of shares

Price

Strategic Value Excelsior Fund, L.P.

09/14/2026

Buy

Preferred Stock

2,010

$490.00

Strategic Value Capital Solutions II MF L.P.

09/14/2026

Buy

Preferred Stock

4,810

$490.00

Strategic Value Special Situations Master Fund V, L.P.

09/14/2026

Buy

Preferred Stock

22,074

$490.00

Strategic Value Special Situations VI MF, L.P.

09/14/2026

Buy

Preferred Stock

31,106

$490.00

Strategic Value Excelsior Fund, L.P.

09/16/2026

Buy

Preferred Stock

344

$505.00

Strategic Value Capital Solutions II MF L.P.

09/16/2026

Buy

Preferred Stock

967

$505.00

Strategic Value Special Situations Master Fund V, L.P.

09/16/2026

Buy

Preferred Stock

5,016

$505.00

Strategic Value Special Situations VI MF, L.P.

09/16/2026

Buy

Preferred Stock

3,673

$505.00

Strategic Value Excelsior Fund, L.P.

09/18/2026

Buy

Preferred Stock

342

$502.50

Strategic Value Capital Solutions II MF L.P.

09/18/2026

Buy

Preferred Stock

983

$502.50

Strategic Value Special Situations Master Fund V, L.P.

09/18/2026

Buy

Preferred Stock

5,140

$502.50

Strategic Value Special Situations VI MF, L.P.

09/18/2026

Buy

Preferred Stock

3,535

$502.50