Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ACII.U | Class B Common Stock | Oct 25, 2021 | Class A Common Stock | 0 | See footnote | F1, F2 |
Id | Content |
---|---|
F1 | As described in the registrant's registration statement on Form S-1 (File No. 333-251893) (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, at the time of the registrant's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. |
F2 | The reporting person has an indirect pecuniary interest in shares of Class B common stock of the registrant through membership interests in Atlas Crest Investment II LLC, over which the reporting person does not have voting or dispositive control. |