Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTAL | Class B Ordinary Shares | Award | +25K | +33.33% | 100K | Dec 23, 2022 | Class A Ordinary Shares | 25K | See Footnote | F1, F2, F3 |
Id | Content |
---|---|
F1 | The Class B Ordinary Shares will automatically convert into shares of the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-257854) (the "Registration Statement") and have no expiration date. |
F2 | In connection with certain adjustments to executive compensation of the Issuer, the shares reported herein were transferred by Green Mountain Metals LLC ("GMM"), the beneficial owner of the shares reported herein, to the Reporting Person. |
F3 | GMM is the beneficial owner of the shares reported herein. The Reporting Person holds 100,000 Class B units in GMM, which entitles the Reporting Person to an equivalent number of the Issuer's Class B Ordinary Shares on distribution. |