Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRPC | Class B ordinary shares | Purchase | -40K | -0.27% | 15M | Jun 24, 2021 | Class A ordinary shares | 40K | Direct | F1, F2 |
Id | Content |
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F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-252104) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 ("Class B Ordinary Shares"), will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. |
F2 | On June 24, 2021, CC Neuberger Principal Holdings III Sponsor LLC (the "Sponsor"), transferred 40,000 Class B Ordinary Shares to J. Joel Hackney, Jr. for $0.001 per share, the initial purchase price per share paid by the Sponsor for its Class B Ordinary Shares. |