Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVHI | Common Stock, par value $0.0001 | Other | $0 | -375K | -13.04% | $0.00 | 2.5M | Nov 29, 2021 | Direct | F1 |
Id | Content |
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F1 | As described in Achari Ventures Holdings Corp. I's (the "Issuer") registration statement on Form S-1 (File No. 333-258476), as amended (the "Registration Statement") and the Reporting Person's Initial Statement of Beneficial Ownership of Securities on Form 3, there were 375,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), subject to forfeiture to the extent that the underwriters did not fully or partially exercise their over-allotment option in the Issuer's initial public offering of its securities. The underwriters did not exercise their over-allotment option, resulting in the Reporting Person forfeiting 375,000 shares of Common Stock. |