SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

VR Global Partners, L.P.

(Last)

(First)

(Middle)

C/O INTERTRUST (CAYMAN) LIMITED

ONE NEXUS WAY, CAMANA BAY

(Street)

GRAND CAYMAN

KY1-9005

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Onyx Acquisition Co. I [ ONYX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/21/2023		J⁽¹⁾		1,500,000	D	$10.85⁽¹⁾	0	I	See Footnotes⁽²⁾⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

VR Global Partners, L.P.

(Last)

(First)

(Middle)

C/O INTERTRUST (CAYMAN) LIMITED

ONE NEXUS WAY, CAMANA BAY

(Street)

GRAND CAYMAN

KY1-9005

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

VR Capital Participation Ltd.

(Last)

(First)

(Middle)

C/O INTERTRUST (CAYMAN) LIMITED

ONE NEXUS WAY, CAMANA BAY

(Street)

GRAND CAYMAN

KY1-9005

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

VR Capital Group Ltd.

(Last)

(First)

(Middle)

C/O INTERTRUST (CAYMAN) LIMITED

ONE NEXUS WAY, CAMANA BAY

(Street)

GRAND CAYMAN

KY1-9005

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

VR Capital Holdings Ltd.

(Last)

(First)

(Middle)

C/O INTERTRUST (CAYMAN) LIMITED

ONE NEXUS WAY, CAMANA BAY

(Street)

GRAND CAYMAN

KY1-9005

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Deitz Richard

(Last)

(First)

(Middle)

NIDDRY LODGE

51 HOLLAND STREET, FIRST FLOOR

(Street)

LONDON

W8 7JB

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

VR Advisory Services Ltd

(Last)

(First)

(Middle)

601 LEXINGTON AVENUE, 59TH FLOOR

(Street)

NEW YORK

10022

(City)

(State)

(Zip)

Explanation of Responses:

1. On July 21, 2023, the Reporting Persons (as defined below) exercised their right to redeem their shares. Onyx Acquisition Co. I (the "Issuer") disclosed that the redemption price was approximately $10.85 in its Current Report on Form 8-K filed with the Securities and Exchange Commission on July 24, 2023. It is possible that the final price redemption proceeds may be adjusted before final payout.

2. This Form 4 is being filed by (i) VR Global Partners, L.P. (the "Fund"), (ii) VR Advisory Services Ltd ("VR"), (iii) VR Capital Participation Ltd. ("VRCP"), (iv) VR Capital Group Ltd. ("VRCG"), (v) VR Capital Holdings Ltd. ("VRCH"), and (vi) Richard Deitz (collectively with the Fund, VR, VRCP, VRCG and VRCH, the "Reporting Persons"). VR is the general partner and investment adviser of the Fund. VRCP is the sole shareholder of VR. VRCG is the sole shareholder of VRCP. VRCH is the sole shareholder of VRCG. Mr. Deitz is the principal of VR, VRCP, VRCG and VRCH. This statement relates to shares of Class A Ordinary Shares, $0.0001 par value per share, of the Issuer previously held by the Fund.

3. The filing of this statement shall not be deemed an admission that any of the Reporting Persons was the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. For purposes of this filing, each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

Remarks:

	VR GLOBAL PARTNERS, L.P., By: VR Advisory Services Ltd, its general partner, Name: /s/ Richard Deitz, Title: Authorized Person	07/25/2023
	VR ADVISORY SERVICES LTD, Name: /s/ Richard Deitz, Title: Authorized Person	07/25/2023
	VR CAPITAL PARTICIPATION LTD., Name: /s/ Emile du Toit, Title: Authorized Person	07/25/2023
	VR CAPITAL GROUP LTD., Name: /s/ Emile du Toit, Title: Authorized Person	07/25/2023
	VR CAPITAL HOLDINGS LTD., Name: /s/ Emile du Toit, Title: Authorized Person	07/25/2023
	RICHARD DEITZ, Name: /s/ Richard Deitz	07/25/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4 filed by Vr Global Partners, L.P.