| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BFI | Common Stock, par value $0.0001 per share | Other | $0 | -291K | -18.05% | $0.00 | 1.32M | Dec 16, 2020 | LH Equities, LLC | F1, F2 |
| transaction | BFI | Common Stock, par value $0.0001 per share | Other | $0 | -1.32M | -100% | $0.00* | 0 | Dec 16, 2020 | LH Equities, LLC | F2, F3 |
| transaction | BFI | Common Stock, par value $0.0001 per share | Other | $0 | +794K | $0.00 | 794K | Dec 16, 2020 | Direct | F3 | |
| transaction | BFI | Common Stock, par value $0.0001 per share | Other | $0 | -73K | -9.2% | $0.00 | 721K | Dec 16, 2020 | Direct | F4 |
| transaction | BFI | Common Stock, par value $0.0001 per share underlying Units | Other | $0 | +150K | $0.00 | 150K | Dec 16, 2020 | Direct | F5, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BFI | Warrant underlying Units | Other | $0 | +150K | +15% | $0.00 | 1.15M | Dec 16, 2020 | Common Stock | 150K | $11.50 | Direct | F5, F6 |
| transaction | BFI | Warrants underlying Units | Other | $0 | -10.6K | -0.92% | $0.00 | 1.14M | Dec 16, 2020 | Common Stock | 10.6K | $11.50 | Direct | F5, F7 |
| Id | Content |
|---|---|
| F1 | In connection with the consummation of the business combination (the "Business Combination") between Opes Acquisition Corp. ("OPES") and BurgerFi International, LLC, LH Equities, LLC distributed (i) 48,000 founders' shares (collectively) to David Brain, James Anderson, Martha (Stormy) L. Byorum and Allison Greenfield (members of the pre-closing OPES Board of Directors), (ii) 20,000 founders' shares to EarlyBirdCapital, LLC, (iii) 197,659 founders' shares to Strongback Holdings Limited and (iv) 25,000 founders' shares to Faquiry Diaz Cala (the Special Advisor to the Board of Directors of OPES), Matias Urcuyo and Ashley Spitz. |
| F2 | Shares that were held by LH Equities, LLC, of which the Reporting Person was the majority equity holder, and the other of which was Domus Family Limited Liability Partnership, the shares attributable to which the Reporting Person had voting control over. |
| F3 | Represents a distribution of shares made by LH Equities, LLC to its equity holders upon the dissolution of LH Equities, LLC. |
| F4 | Represents a distribution by the Reporting Person of 56,604 founders' shares to Apollo Tropical, LLC, 10,000 founders' shares to GA Real Estate Holdings LLC, 5,384 founders' shares to Leviathan Group, LLC and 1,000 founders' shares to Itamar Ben Shmuel. |
| F5 | Each Unit consists of one share of common stock and one warrant (each, a "Warrant") exercisable to purchase one share of common stock. |
| F6 | Represents shares and warrants, as applicable, underlying units that were issued to the Reporting Person upon conversion of $1,500,000 in working capital loans provided by the Reporting Person to OPES prior to the Business Combination. The principal amount of the loan was convertible into units at a conversion price of $10.00 per unit upon the consummation of the Business Combination. |
| F7 | Represents a distribution of Warrants to Faquiry Diaz Cala, the Special Advisor to the Board of Directors of OPES. |