Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | FORL | Class B common stock | Mar 16, 2023 | Class A common stock | 1.45M | $0.00 | By ALWA Sponsor, LLC | F1, F2, F3 |
Id | Content |
---|---|
F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-267399) under the heading "Description of Securities," the shares of Class B common stock of the issuer will automatically convert into shares of Class A common stock of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date. |
F2 | These shares represent 1,445,000 shares of Class B common stock of the issuer held by ALWA Sponsor LLC (the "Sponsor"), including an aggregate of up to 195,000 shares subject to forfeiture by the Sponsor to the extent that the underwriter's over-allotment is not exercised in full or in part. The Reporting Person is the managing member of the Sponsor. As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
F3 | This amendment to Form 3 is filed solely for the purpose of correcting the nature of the relationship of the Reporting Person to the issuer and the nature of the holdings of the Reporting Person. |