Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | NCAC | Class B Ordinary Shares | Oct 19, 2021 | Class A Ordinary Shares | 6.61M | Direct | F1, F2 |
Id | Content |
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F1 | As described in the registrant's registration statement on Form S-1 (No. 333-254328) under the heading "Description of Securities - Founder Shares", the Class B Ordinary Shares will automatically convert into shares of Class A Ordinary Shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. |
F2 | These shares represent the Class B Ordinary Shares held by the reporting person (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the registrant. The Class B ordinary shares owned by the Sponsor includes up to 841,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise their over-allotment option in full as described in the registrant's registration statement. Tabula Rasa Limited is the manager of the Sponsor. |