Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CITE | Class B Ordinary Shares | Jan 4, 2022 | Class A Ordinary Shares | 5.45M | Direct | F1, F2 |
Id | Content |
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F1 | As further described in the issuer's registration statement on Form S-1, as amended (File No. 333-261094) (the "Registration Statement"), under the heading "Description of Securities - Founder Shares", Class B ordinary shares of the issuer will automatically convert into Class A ordinary shares of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holders of Class B ordinary shares, on a one-for-one basis, subject to certain adjustments, and there is no expiration date for such conversion. |
F2 | The 5,450,000 Class B ordinary shares include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option, as further described in the Registration Statement. |