Key facts
- This page summarizes Bruce L. Hack's Form 3 filing for PowerUp Acquisition Corp. (ASBP).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Feb 2022, 20:45.
Bruce L. Hack - 17 Feb 2022 Form 3 Insider Report for PowerUp Acquisition Corp. (ASBP)
- Reporting relationship
- Director
- Issuer ticker
- ASBP
- Reported as of
- 17 Feb 2022
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 17 Feb 2022, 20:45:44 UTC
- Next SEC filing
- 27 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bruce Hack
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Bruce L. Hack filed Form 3 for PowerUp Acquisition Corp. (ASBP) on 17 Feb 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PWUP
holding
Derivative
Class B Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 17 Feb 2022
- Ownership
- See footnote
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 7,187,500
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
As described in the registration statement on Form S-1 (File No. 333-261941), as amended (the "Registration Statement") filed by PowerUp Acquisition (the "Issuer"), the Class B Ordinary Shares will automatically convert into shares of Class A Ordinary Shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
Footnote F2
The Class B ordinary shares owned by the Sponsor includes up to 937,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise their over-allotment option in full as described in the registrant's registration statement. Bruce Hack is a managing member of the Sponsor.
Footnote F3
PowerUp Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such Class B Shares. Mr. Hack is a managing member of the Sponsor. As such, Mr. Hack has shared voting and investment discretion with respect to the Class B Shares held of record by the Sponsor and may be deemed to have beneficial ownership of such Class B Shares. Mr. Hack disclaims beneficial ownership of any Class B Shares other than to the extent he may have a pecuniary interest therein, directly or indirectly. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.