Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LIVB | Class S Unit | Other | +497K | 497K | Aug 16, 2022 | Class B Ordinary Shares | 497K | Direct | F1 | ||||
transaction | LIVB | Class W Unit | Other | +1.27M | 1.27M | Aug 16, 2022 | Warrants (right to buy) | 1.27M | Direct | F1 | ||||
transaction | LIVB | Class S Unit | Conversion of derivative security | -497K | -100% | 0 | Aug 16, 2022 | Class B Ordinary Shares | 497K | Direct | F2 | |||
transaction | LIVB | Class W Unit | Conversion of derivative security | -1.27M | -100% | 0 | Aug 16, 2022 | Warrants (right to buy) | 1.27M | Direct | F2 | |||
transaction | LIVB | Class B Ordinary Shares | Conversion of derivative security | +497K | 497K | Aug 16, 2022 | Class A Ordinary Shares | 497K | Direct | F2 | ||||
transaction | LIVB | Class B Ordinary Shares | Other | -497K | -100% | 0 | Aug 16, 2022 | Class A Ordinary Shares | 497K | Direct | F2 | |||
transaction | LIVB | Warrants (right to buy) | Conversion of derivative security | +1.27M | 1.27M | Aug 16, 2022 | Warrants (right to buy) | 1.27M | Direct | F2 | ||||
transaction | LIVB | Warrants (right to buy) | Other | -1.27M | -100% | 0 | Aug 16, 2022 | Warrants (right to buy) | 1.27M | Direct | F2 | |||
transaction | LIVB | Promissory Note (right to acquire) | Other | +497K | 497K | Aug 16, 2022 | Class A Ordinary Shares | 497K | Direct | F2, F3 | ||||
transaction | LIVB | Promissory Note (right to acquire) | Other | +1.27M | 1.27M | Aug 16, 2022 | Warrants (right to buy) | 1.27M | Direct | F2, F3 |
Id | Content |
---|---|
F1 | On August 17, 2022, LIV Capital Acquisition Corp. II (the "Issuer"), Covalto Ltd. ("Covalto") and Covalto Merger Sub Ltd. entered into a Business Combination Agreement (the "Agreement"). In connection with, and prior to, the execution of the Agreement, LIV Capital Acquisition Sponsor II, L.P. (the "Sponsor") granted to the Reporting Person Class S Units representing a right to receive Class B Ordinary Shares and Class W Units representing a right to receive private warrants representing the right to purchase ordinary shares ("Warrants"). |
F2 | In connection with the execution of the Agreement, the Issuer, Sponsor and certain limited partners entered into a redemption agreement on August 16, 2022 (the "Redemption Agreement"). Pursuant to the Redemption Agreement, prior to the execution of the Agreement, the Sponsor withdrew the Reporting Person's (i) Class S Units in exchange for Class B Ordinary Shares and (ii) Class W Units in exchange for Warrants (the "Withdrawal"). Following the Withdrawal, the Issuer repurchased each Class B Ordinary Share and Warrant in exchange for a promissory note in the amount of $15,015.12 (the "Promissory Note"). |
F3 | In connection with the execution of the Agreement, Issuer, Sponsor, Covalto and certain limited partners entered into a contribution agreement on August 17, 2022 (the "Contribution Agreement"). Pursuant to the Contribution Agreement, following the closing of the transactions set forth in the Agreement (the "Closing"), the Reporting Person will contribute the Promissory Note to Covalto as full and adequate consideration for Class A Ordinary Shares and Warrants. Following the Closing, Covalto will contribute the Promissory Note to the Issuer in exchange for Class A Ordinary Shares and Warrants and the Promissory Note will be cancelled. |