Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EMLD | Class B Common Stock, par value $0.0001 | Other | $0 | -87.6K | -2.01% | $0.00 | 4.27M | Jan 14, 2022 | Class A Common Stock | 87.6K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The Class B common stock will automatically convert into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and has no expiration date. |
F2 | The Reporting Person forfeited 87,594 shares of Class B common stock to the Issuer for no consideration and cancellation because the underwriters of the Issuer's initial public offering partially exercised their over-allotment. |