Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CBRG | Class B Ordinary Shares | Nov 9, 2021 | Class A Ordinary Shares | 4.82M | By Chain Bridge Group | F1, F2 |
Id | Content |
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F1 | As described in the Issuer's Registration Statement on Form S-1, as amended (File No. 333-254502) (the "Registration Statement"), under the heading "Description of Securities," the Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination and have no expiration date. The shares reported herein include up to 625,714 Class B Ordinary Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full their option to purchase additional units, as described in the Registration Statement. |
F2 | Chain Bridge Group (the "Sponsor") is the record holder of the shares reported herein. The Sponsor is governed by three managers (the "Managers"), Michael Rolnick, Stephen Bowsher and Christopher Darby. Each Manager has one vote and the approval of a majority of the Managers is required. Therefore no individual Manager can exercise voting or dispositive control over any of the securities and none of the Managers will be deemed to have or share beneficial ownership of such shares. Each of the Managers expressly disclaims any such beneficial interest to the extent of any pecuniary interest any of them may have therein, directly or indirectly. |