Anson Chan - May 5, 2022 Form 4 Insider Report for SPAC II Acquisition Corp. (ASCB)

Role: Director, 10%+ Owner
Signature: /s/ Anson Chan
Stock symbol: ASCB
Transactions as of: May 5, 2022
Transactions value $: $8,966,000
Form type: 4
Date filed: 5/9/2022, 01:53 PM
Previous filing: May 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASCB	Ordinary Shares	Other	$0	-319K	-5.99%	$0.00	5M	May 5, 2022	See Footnote	F1, F4

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	ASCB	Warrant to purchase Class A ordinary shares	Purchase	$8.97M	+8.97M		$1.00^*	8.97M	May 5, 2022	Class A ordinary share	8.97M	$11.50	See Footnote	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Forfeiture of shares due to the partial exercise of the underwriters' over-allotment option.
F2	The warrants become exercisable on the later of (i) after the completion of the registrant's initial business combination and (ii) 12 months from the date of the registrant's prospectus.
F3	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.
F4	The securities reported herein are directly held by A SPAC II (Holdings) Corp. Investment and voting decisions for ASPAC II (Holdings) Corp. are made by Anson Chan. 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 II (Holdings) Corp.