PAG Investment LP - 22 Jul 2022 Form 4 Insider Report for Gobi Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Lincoln Pan as attorney-in-fact for PAG Investment LP
Issuer symbol
N/A
Transactions as of
22 Jul 2022
Net transactions value
-$195,195,000
Form type
4
Filing time
26 Jul 2022, 06:02:32 UTC
Previous filing
06 Jul 2021
Next filing
02 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOBI Class A Ordinary Shares Other $195,195,000 -19,500,000 -98% $10.01 500,000 22 Jul 2022 Direct F1
transaction GOBI Class A Ordinary Shares Other $0 -310,851 -100% $0.000000* 0 22 Jul 2022 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 22, 2022, Gobi Acquisition Corp. (the "Company") held an extraordinary general meeting of shareholders (the "Meeting"), as described in the Company's Current Report on 8-K filed with the SEC on July 22, 2022. At the Meeting, shareholders of the Company approved amendments to the Company's amended and restated memorandum and articles of association (the "Charter Amendment Proposal") and the Investment Management Trust Agreement, dated June 28, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as trustee (the "Trust Amendment Proposal"). In connection with the approval of the Charter Amendment Proposal and the Trust Amendment Proposal, PAG Investment LP redeemed 19,500,000 Class A ordinary shares of the Company at $10.01 per share and PAG Investment, LLC surrendered 310,851 Class A ordinary shares to the Company for no consideration.
F2 PAG Investment LP is the record holder of the 19,500,000 Class A ordinary shares redeemed, and PAG Investment, LLC is the record holder of the 310,851 Class A ordinary shares surrendered. PAG Investment, LP is the sole member of PAG Investment, LLC. PAG Limited is the general partner of PAG Investment, LP. PAG Capital II Limited is the sole shareholder of PAG Limited.