CHW Acquisition Sponsor LLC - Oct 1, 2021 Form 4 Insider Report for CHW Acquisition Corp (PETWW)

Role
10%+ Owner
Signature
CHW Acquisition Sponsor LLC By: CHW Founders LLC, Sole Managing Member By: MJG Partners, Sole Managing Member By: Mark Grundman, Manager
Stock symbol
PETWW
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/6/2021, 06:07 AM
Previous filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETWW Ordinary Shares, par value $0.0001 Other $0 +30K +1.26% $0.00 2.41M Oct 1, 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 CHW Acquisition Corporation's (the "Issuer") registration statements on Form S-1 (File Nos. 333-254422 and 333-259182), as amended and (the "Registration Statement"), 13 qualified institutional buyers or institutional accredited investors (each, an "Anchor Investor") entered into investment agreements with the Issuer and CHW Acquisition Sponsor LLC, a Delaware limited liability company (the "Sponsor"), whereby each Anchor Investor agreed to purchase up to 990,000 units in the Issuer's initial public offering of its securities (the "IPO") in exchange for the Sponsor transferring 60,000 ordinary shares, par value $0.0001 per share (the "Founder Shares")
F2 to each Anchor Investor; provided, however, in the event that an Anchor Investor sold any of the securities purchased in the IPO within 30 days following the closing of the IPO, such Anchor Investor would forfeit 10,000 Founder Shares and transfer those forfeited Founder Shares back to the Sponsor. Three Anchor Investors sold either a portion or all of the securities purchased in the Issuer's IPO within 30 days following the closing of the IPO. Thus, each of those Anchor Investors forfeited 10,000 Founder Shares and transferred them back to the Sponsor.