Coliseum Acquisition Sponsor LLC - Jun 22, 2021 Form 3 Insider Report for Coliseum Acquisition Corp. (MITA)

Role
10%+ Owner
Signature
/s/ Daniel Haimovic
Stock symbol
MITA
Transactions as of
Jun 22, 2021
Transactions value $
$0
Form type
3
Date filed
6/24/2021, 07:46 PM
Next filing
Aug 12, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MITA Class B ordinary share Jun 22, 2021 Class A ordinary share 4.31M Direct F1, F2, F3
* 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. 333-254513) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 These Class B ordinary shares are held by Coliseum Acquisition Sponsor LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer. The Class B ordinary shares owned by the Sponsor includes up to 562,500 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement.
F3 Daniel Haimovic and Jason Stein, both Co-Chief Executive Officers and Directors of the Issuer, are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of Messrs. Haimovic and Stein may be deemed to share beneficial ownership of the Class B ordinary shares held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.