Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SKYA | Class B Ordinary Shares | Other | $0 | -209K | -3.69% | $0.00 | 5.44M | Jul 2, 2021 | Class A Ordinary Shares | 209K | Direct | F1, F2 |
Id | Content |
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F1 | As described in Skydeck Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-254347) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. |
F2 | This Form 4 reflects the automatic surrender by the reporting person, Skydeck Management LLC (the "Sponsor"), of 208,509 shares of the Issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration pursuant to contractual arrangements with the Issuer, triggered by the expiration on July 2, 2021 of the option of the underwriters of the Issuer's initial public offering to purchase additional units. |