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Presidio Production Company: A Schedule 13G filing reports that Adage Capital Management, L.P., together with Robert Atchinson and Phillip Gross, beneficially hold 2,767,441 shares of Class A common stock, representing 9.99% of the class on a fully diluted basis. The percentage calculation uses 27,652,068 shares outstanding as of March 23, 2026 and assumes exercise of warrants and/or Series B preferred shares. The filing notes 50,050 shares included as issuable upon exercise of warrants and/or Series B preferred shares. The Reporting Persons are disclosed as having shared voting and dispositive power over the reported shares.
Key Figures
Reported shares beneficially owned:2,767,441 sharesPercent of class:9.99%Shares outstanding used:27,652,068 shares+1 more
4 metrics
Reported shares beneficially owned2,767,441 sharesshared voting and dispositive power reported by Adage/Atchinson/Gross
Percent of class9.99%calculated assuming exercise of warrants/Series B preferred shares
Shares outstanding used27,652,068 sharesshares outstanding as of March 23, 2026 (source: company prospectus)
Issuable upon exercise50,050 sharesshares issuable upon exercise of warrants and/or Series B preferred shares
Key Terms
Schedule 13G, Class A Common Stock, warrants, Series B preferred shares, +1 more
5 terms
Schedule 13Gregulatory
"This statement is filed by: (i) Adage Capital Management, L.P."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Class A Common Stockfinancial
"Title of class of securities: Class A common stock, $0.0001 par value per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
warrantsfinancial
"Includes 50,050 shares of Class A Common Stock issuable upon exercise of warrants"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Series B preferred sharesfinancial
"issuable upon exercise of warrants and/or series B preferred shares"
Series B preferred shares are a class of company stock issued during a later round of private financing that gives investors priority over common shareholders for payouts and protections if the company is sold or liquidated. Think of them as a VIP ticket that often includes a fixed claim on returns, possible regular payments, and the option to convert into regular shares; that mix of safety and upside helps investors assess risk and potential reward.
shared dispositive powerregulatory
"Shared Dispositive Power 2,767,441.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Adage report in Presidio Production (FTW)?
Adage reports beneficial ownership of 2,767,441 shares, or 9.99%. This percentage is calculated using 27,652,068 Class A shares outstanding as of March 23, 2026 and assumes exercise of certain warrants and Series B preferred shares.
Does the Schedule 13G filing include convertible instruments for FTW?
Yes. The filing states it includes 50,050 shares of Class A common stock issuable upon exercise of warrants and/or Series B preferred shares. Those issuable shares are factored into the reported 9.99% ownership percentage.
Who are the Reporting Persons named in the FTW filing?
The reporting parties are Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross. The filing describes their roles in Adage-related entities and states the shared voting and dispositive powers for the reported 2,767,441 shares.
How was the percent ownership for FTW calculated in this filing?
The percent is based on 27,652,068 Class A shares outstanding as of March 23, 2026. The filing explicitly notes the calculation "assumes the exercise of warrants and/or series B preferred shares" held by Adage’s affiliated entity.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Presidio Production Company
(Name of Issuer)
Class A common stock, $0.0001 par value per share
(Title of Class of Securities)
G3106N109
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G3106N109
1
Names of Reporting Persons
Adage Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(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
0.00
6
Shared Voting Power
2,767,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,767,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,767,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
IA, PN
Comment for Type of Reporting Person: Includes 50,050 shares of Class A Common Stock (as defined in Item 2(a)) issuable upon exercise of warrants and/or series B preferred shares.
SCHEDULE 13G
CUSIP Number(s):
G3106N109
1
Names of Reporting Persons
Robert Atchinson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,767,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,767,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,767,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Includes 50,050 shares of Class A Common Stock (as defined in Item 2(a)) issuable upon exercise of warrants and/or series B preferred shares.
SCHEDULE 13G
CUSIP Number(s):
G3106N109
1
Names of Reporting Persons
Phillip Gross
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,767,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,767,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,767,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.99 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Includes 50,050 shares of Class A Common Stock (as defined in Item 2(a)) issuable upon exercise of warrants and/or series B preferred shares.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Presidio Production Company
(b)
Address of issuer's principal executive offices:
Presidio PubCo Inc., 1090 Center Drive, Park City, Utah 84098
Item 2.
(a)
Name of person filing:
This statement is filed by:
(i) Adage Capital Management, L.P., a Delaware limited partnership ("ACM"), as the investment manager of Adage Capital Partners, L.P., a Delaware limited partnership ("ACP"), with respect to the Class A common stock, $0.0001 par value per share ("Class A Common Stock") of Presidio Production Company, a Delaware corporation (the "Company") and Class A Common Stock issuable upon exercise of warrants and/or series B preferred shares directly held by ACP;
(ii) Robert Atchinson ("Mr. Atchinson"), as (1) managing member of Adage Capital Advisors, L.L.C., a limited liability company organized under the laws of the State of Delaware ("ACA"), managing member of Adage Capital Partners GP, L.L.C., a limited liability company organized under the laws of the State of Delaware ("ACPGP"), general partner of ACP, and (2) managing member of Adage Capital Partners, L.L.C., a Delaware limited liability company ("ACPLLC"), general partner of ACM, with respect to the Class A Common Stock and Class A Common Stock issuable upon exercise of warrants and/or series B preferred shares directly held by ACP; and
(iii) Phillip Gross ("Mr. Gross"), as (1) managing member of ACA, managing member of ACPGP, and (2) managing member of ACPLLC, general partner of ACM, with respect to the Class A Common Stock and Class A Common Stock issuable upon exercise of warrants and/or series B preferred shares directly held by ACP.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
The filing of this statement should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 200 Clarendon Street, 52nd Floor, Boston, Massachusetts 02116.
(c)
Citizenship:
ACM is a limited partnership organized under the laws of the State of Delaware. Messrs. Gross and Atchinson are citizens of the United States.
(d)
Title of class of securities:
Class A common stock, $0.0001 par value per share
(e)
CUSIP Number(s):
G3106N109
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);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(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);
(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).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 27,652,068 shares of Class A Common Stock outstanding as of March 23, 2026, as reported in the Company's Prospectus filed pursuant to Rule 424(b)(3) with the Securities and Exchange Commission on March 24, 2026, and assumes the exercise of warrants and/or series B preferred shares held by ACP.
(b)
Percent of class:
9.99%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a).
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
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
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.
Adage Capital Management, L.P.
Signature:
/s/ Robert Atchinson
Name/Title:
By: Adage Capital Partners, L.L.C., its General Partner, By: Robert Atchinson, its Managing Member
