Claudius Tsang - Feb 17, 2022 Form 4 Insider Report for ASPAC I Acquisition Corp. (ASCA)

Role
CEO and CFO, Director, 10%+ Owner
Signature
/s/ Claudius Tsang
Stock symbol
ASCA
Transactions as of
Feb 17, 2022
Transactions value $
$2,875,000
Form type
4
Date filed
2/17/2022, 11:48 AM
Previous filing
Feb 14, 2022
Next filing
May 2, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASCA Warrant to purchase Class A ordinary shares Purchase $2.88M +2.88M $1.00* 2.88M Feb 17, 2022 Class A ordinary share 2.88M $11.50 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the date of the registrant's prospectus.
F2 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F3 The securities reported herein are directly held by A SPAC (Holdings) Acquisition Corp. Investment and voting decisions for ASPAC (Holdings) Acquisition Corp. are made by Claudius Tsang. The reporting person disclaims any pecuniary interest in the securities reported herein except to the extent of the reporting person's beneficial interest in A SPAC (Holdings) Acquisition Corp.