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

Role
10%+ Owner
Signature
A SPAC (Holdings) Acquisitions Corp. By: Claudius Tsang, its Director
Stock symbol
ASCA
Transactions as of
Feb 17, 2022
Transactions value $
$2,875,000
Form type
4
Date filed
2/17/2022, 11:51 AM
Previous filing
Feb 14, 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 Direct F1, F2
* 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.