G Squared Ascend Management II LLC - Jun 14, 2021 Form 3 Insider Report for G Squared Ascend II, Inc. (GSQB)

Role
10%+ Owner
Signature
/s/ Dan Espinoza, Attorney-in-Fact
Stock symbol
GSQB
Transactions as of
Jun 14, 2021
Transactions value $
$0
Form type
3
Date filed
6/14/2021, 09:42 PM

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.