| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHPW | Common Stock | Other | -2,760,000 | -100% | 0 | 17 Nov 2021 | Held by Galileo Founders Holdings, L.P. | F1, F2 | ||
| transaction | SHPW | Common Stock | Other | +653,123 | 653,123 | 17 Nov 2021 | Held by Ampla Capital, LLC | F1, F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHPW | Warrant (right to buy) | Other | $40,963,000 | -3,562,000 | -100% | $11.50 | 0 | 17 Nov 2021 | Common Stock | 3,562,000 | $11.50 | Held by Galileo Founders Holdings, L.P. | F2, F6 |
| transaction | SHPW | Warrant (right to buy) | Other | $5,750,000 | -500,000 | -100% | $11.50 | 0 | 17 Nov 2021 | Common Stock | 500,000 | $11.50 | Held by Galileo Founders Holdings, L.P. | F2, F6 |
| transaction | SHPW | Warrant (right to buy) | Other | $3,431,692 | +298,408 | $11.50 | 298,408 | 17 Nov 2021 | Common Stock | 298,408 | $11.50 | Held by Ampla Capital, LLC | F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | On November 17, 2021, Galileo Founders Holdings, L.P. (the "Sponsor") dissolved and effected a pro rata distribution-in-kind to its members, comprising 2,760,000 shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") and 4,062,000 private warrants (the "Distribution"). |
| F2 | The Reporting Person, through an entity he controls (Ampla Capital, LLC), is a director and officer of the Sponsor. As such, Mr. Recchi may be deemed to have beneficial ownership of the shares held directly by the Sponsor. |
| F3 | Represents 653,123 shares of Common Stock received by the Reporting Person in the Distribution. The acquisition of such shares by the Reporting Person is exempt from Section 16 of the Securities Exchange Act of 1934, as amended pursuant to Rule 16a-9 thereunder. |
| F4 | The Reporting Person may be deemed to have voting and dispositive power over the securities held by Ampla Capital, LLC, and as such, may be deemed to have beneficial ownership of the securities held directly by Ampla Capital, LLC. |
| F5 | Represents 298,408 private warrants to purchase shares of Common Stock received by the Reporting Person in the Distribution. The acquisition of such shares by the Reporting Person is exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 thereunder. |
| F6 | Immediately exercisable. |