Cathryn Chen - Feb 9, 2022 Form 4 Insider Report for Aurora Technology Acquisition Corp. (ATAK)

Role
COO, Director, 10%+ Owner
Signature
/s/ Cathryn Chen
Stock symbol
ATAK
Transactions as of
Feb 9, 2022
Transactions value $
$6,470,000
Form type
4
Date filed
2/9/2022, 03:10 PM
Previous filing
Feb 7, 2022
Next filing
Feb 20, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATAK Warrants Purchase $6.47M +6.47M $1.00* 6.47M Feb 9, 2022 Class A Ordinary Shares 3.24M $11.50 Via ATAC Sponsor F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These warrants are held by ATAC Sponsor LLC (the "Sponsor") and were purchased by the Sponsor on a private placement basis pursuant to a private placement warrants purchase agreement, dated February 7, 2022, in connection with the Issuer's initial public offering. Each warrant entitles the holder thereof to purchase one-half of one Class A ordinary share. These warrants are identical to the warrants sold in Issuer's initial public offering, subject to certain limited exceptions as described Issuer's Registration Statement on Form S-1 (File No. 333-261753), as amended (the "Registration Statement").
F2 Each warrant will become exercisable on the later of (i) the completion of an initial business combination and (ii) February 9, 2023.
F3 Each warrant will expire five years after the completion of an initial business combination or earlier upon redemption or liquidation, as described as described in the Registration Statement.
F4 The securities are held directly by the Sponsor and indirectly by Zachary Wang, Cathryn Chen and Yida Gao as managers of ATAC Manager LLC, managing member of the Sponsor.