Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TLGA | Class F Common Stock, par value $0.0001 | Other | $0 | -5M | -53.41% | $0.00 | 4.36M | Jan 30, 2023 | Class A Common Stock, par value $0.0001 | 5M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Shares of Class F Common Stock of the Issuer ("Class F Common Stock") are convertible into shares of Class A Common Stock of the Issuer as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-252032). The shares of Class F Common Stock have no expiration date. |
F2 | On January 30, 2023, TLG Acquisition Founder LLC (the "Sponsor") forfeited and surrendered for no consideration 5,000,000 shares of Class F Common Stock pursuant to the terms of the Sponsor Agreement, dated November 13, 2022, by and among the Issuer, the Sponsor, TLG Fund I, LP, Electriq Power, Inc. and the other parties thereto. |