Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOAC | Class A Ordinary Shares | Purchase | $9.6M | +960K | $10.00 | 960K | Oct 29, 2021 | See footnote 2 | F1, F2 |
Id | Content |
---|---|
F1 | Represents 960,000 Class A ordinary shares of the registrant purchased by Innovative International Sponsor I LLC (the "Sponsor") in a private placement that closed simultaneously with the registrant's initial public offering for an aggregate purchase price of $9,600,000. |
F2 | Mohan Ananda is managing member of the Sponsor and may be deemed to hold beneficial ownership of the ordinary shares held directly by the Sponsor. Mr. Ananda disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |