Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GAQ | Class B ordinary shares | Disposed to Issuer | $0 | -268K | -5.22% | $0.00 | 4.86M | Feb 1, 2022 | See footnote | F1, F2, F3 |
Id | Content |
---|---|
F1 | The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the initial business combination of Generation Asia I Acquisition Limited (the "Issuer") on a one-for-one basis, subject to adjustment, as described in the section entitled "Description of Securities" in the Issuer's Prospectus dated January 19, 2022, filed with the U.S. Securities and Exchange Commission. |
F2 | Reflects shares of the Issuer held of record by Generation Asia LLC (the "Sponsor"). The reporting person is the managing member of the Sponsor. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. The filing of this form shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the reporting person is the beneficial owner of any securities reported herein. |
F3 | Represents forfeiture of Class B ordinary shares by the Sponsor to the Issuer for no consideration in connection with the underwriter's partial exercise of its over-allotment option related to the Issuer's initial public offering. |