Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MBAC | Class B common stock | Other | $0 | -1.5M | -13.04% | $0.00 | 10M | Apr 19, 2021 | Class A Common Stock | 1.5M | Direct | F1, F2 |
Id | Content |
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F1 | As described in the Issuer's registration statement on Form S-1 (File No. 333-253132) under the heading "Description of Securities - Founder Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. |
F2 | On April 19, 2021, M3-Brigade Sponsor II LP (the "Sponsor) forfeited at no cost 1,500,000 shares of common stock, par value $0.0001 per share, in connection with the determination by the underwriters of the Issuer's initial public offering not to exercise in full the over-allotment option granted to them. |