Jun Hong Heng - 26 Sep 2023 Form 4 Insider Report for ECARX Holdings Inc. (ECX)

Role
Director
Signature
/s/ Jun Hong Heng
Issuer symbol
ECX
Transactions as of
26 Sep 2023
Net transactions value
-$165,965
Form type
4
Filing time
28 Sep 2023, 19:02:28 UTC
Previous filing
09 Jun 2023
Next filing
02 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECX Class A Ordinary Shares Sale $157,078 -47,257 -95% $3.32 2,743 26 Sep 2023 By Crescent Cove Advisors, LP F1, F2
transaction ECX Class A Ordinary Shares Sale $8,887 -2,743 -100% $3.24 0 27 Sep 2023 By Crescent Cove Advisors, LP F2
holding ECX Class A Ordinary Shares 72,660 26 Sep 2023 Direct
holding ECX Class A Ordinary Shares 1,110,660 26 Sep 2023 By Absolute Bond Limited F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ECX Warrants, each exercisable for one Class A Ordinary Share 124,028 26 Sep 2023 Class A Ordinary Shares 124,028 $11.50 Direct
holding ECX Warrants, each exercisable for one Class A Ordinary Share 3,797,216 26 Sep 2023 Class A Ordinary Shares 3,797,216 $11.50 By Absolute Bond Limited F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.30 to $3.43, inclusive. The reporting person undertakes to provide to ECARX Holdings Inc., any security holder of ECARX Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Mr. Heng is the managing member and owner of Crescent Cove Advisors LP.
F3 Absolute Bond Limited is managed by Press Room LLC. The reporting person is the manager of Press Room LLC. The reporting person disclaims any ownership of the shares and warrants held by Absolute Bond Limited.