Jason Stein - Aug 10, 2021 Form 4 Insider Report for Coliseum Acquisition Corp. (MITA)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jason Stein
Stock symbol
MITA
Transactions as of
Aug 10, 2021
Transactions value $
$0
Form type
4
Date filed
8/12/2021, 04:35 PM
Previous filing
Jun 25, 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
transaction MITA Class B ordinary share Other $0 -188K -4.76% $0.00 3.75M Aug 10, 2021 Class A ordinary share 188K See footnote 3. 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 As contemplated in connection with the initial public offering of the Issuer, 187,500 Class B ordinary shares of the Issuer were forfeited by Coliseum Acquisition Sponsor LLC (the "Sponsor") to the Issuer for no consideration and cancelled because the underwriters of the Issuer's initial public offering did not exercise their over-allotment option as described in the Issuer's registration statement.
F3 Reporting Person is the Co-Chief Executive Officer and Director of the Issuer, and is a managing member of the Sponsor. Reporting Person has voting and investment discretion with respect to the securities held by the Sponsor. As such, Reporting Person may be deemed to share beneficial ownership of the Class B ordinary shares held directly by the Sponsor. Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.