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 | -50.71% | $0.00 | 4.86M | Jan 30, 2023 | Class A Common Stock, par value $0.0001 | 5M | See Footnotes | F1, F2, F3, F4 |
Id | Content |
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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 ("TLG Fund I"), Electriq Power, Inc. and the other parties thereto. |
F3 | Represents 4,360,869 shares of Class F Common Stock held by the Sponsor and 500,000 shares of Class F Common Stock held by TLG Fund I. The reporting person is the manager of the Sponsor and has sole voting and dispositive power over the shares held by the Sponsor. The reporting person is the manager of the general partner of TLG Fund I, who has sole voting and dispositive power over the shares held by TLG Fund I. |
F4 | The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by the Sponsor, TLG Fund I or any of their respective affiliates except to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer for purposes of Section 16 of the Exchange Act or otherwise. |