Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MPRA | Warrants | Purchase | $1.05M | +1.05M | +11.67% | $1.00* | 10.1M | Nov 23, 2021 | Class A Common Stock | 1.05M | $11.50 | See Footnote | F1, F2 |
Id | Content |
---|---|
F1 | The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation. |
F2 | Represents shares held by Mercato Partners Acquisition Group, LLC ("Sponsor"). Sponsor is the record holder of the securities reported herein. Sponsor is managed by Bullfrog Bay Trust (a family trust managed by the wife and two adult sons of Gregory H. Warnock, the Chief Executive Officer and Chair of the board of directors of the Issuer). Mr. Warnock may be deemed to have voting and dispositive power over the securities held by Sponsor. |