Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | BFAC | Class B ordinary shares | Dec 14, 2021 | Class A ordinary shares | 5.57M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Battery Future Sponsor LLC (the "Sponsor") directly owns 5,573,889 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), of Battery Future Acquisition Corp. (the "Issuer"), including 1,040,556 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Such Class B Shares have no expiration date and (i) are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-261373). |
F2 | Battery Future Manager LLC is the manager of the Sponsor. Kristopher Salinger is the sole member of Battery Future Manager LLC and has voting and investment discretion with respect to the Class B Shares held of record by Battery Future Sponsor LLC. Mr. Salinger disclaims any beneficial ownership of the shares held by the sponsor, except to the extent of his pecuniary interest therein. |
Exhibit List: Exhibit 24 - Power of Attorney