Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | GSQB | Class B Ordinary Shares | 3.59M | Jun 14, 2021 | Direct | F1, F2 |
Id | Content |
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F1 | As described in the Issuer's Registration Statement on Form S-1 (File No. 333-253898) under the heading "Description of Securities," the Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination and have no expiration date. The shares reported herein include up to 468,750 Class B Ordinary Shares that are subject to forfeiture if the underwriter of the Issuer's initial public offering does not exercise in full its option to purchase additional units, as described in the Registration Statement. |
F2 | G Squared Ascend Management II, LLC (the "Sponsor") is the record holder of the shares reported herein. The Sponsor is governed by three managers, Larry Aschebrook, Ward Davis and Tom Hoban. Messrs. Aschebrook, Davis and Hoban have shared voting and investment power over the shares held by the Sponsor, and disclaim beneficial ownership of the shares held by the Sponsor except to the extent of their pecuniary interest therein. |