| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PGSS | Class A Ordinary Shares, par value $0.0001 per share | Other | -$5.55M | -503K | -54.38% | $11.03 | 422K | Dec 7, 2023 | See footnote | F1, F2, F3 |
TENOR CAPITAL MANAGEMENT Co., L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The Reporting Persons elected to redeem 503,000 shares held by the Master Fund (as defined below) for cash. |
| F2 | Reflects the Reporting Persons' best estimate of the redemption price based on the Issuer's disclosure in the Issuer's Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on November 13, 2023. The Reporting Persons will file an amendment to this Form 4 to the extent the actual redemption price differs in any material respect from the price reported in column (4). |
| F3 | The securities reported herein are held by Tenor Opportunity Master Fund, Ltd. (the "Master Fund"). Tenor Capital Management Company, L.P. ("Tenor Capital") serves as the investment manager to the Master Fund. Robin Shah serves as the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose. |