Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IQMD | Class B Common Stock | Gift | $0 | -200K | -4.08% | $0.00 | 4.7M | Feb 8, 2023 | Class A Common Stock | 200K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | On February 8, 2023, the reporting person contributed 200,000 shares of Class B Common Stock to the Issuer's IPO Trust Account, for the benefit of the public shares that were not redeemed by the public shareholders in connection with the special meeting of shareholders held on February 8, 2023. |
F2 | As described in the Issuer's Registration Statement on Form S-1 (File No. 333-260205) (the "Registration Statement") under the heading "Description of Securities - Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis (subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like) and subject to certain anti-dilution rights and have no expiration date. |