Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AXAC | Class B ordinary shares | Purchase | +4.1M | 4.1M | Nov 4, 2022 | Class A ordinary shares | 4.1M | Direct | F1, F2 |
Id | Content |
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F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-262352) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalization, reorganization, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. |
F2 | This Form 4 is being filed solely to reflect that on November 14, 2022, Benedikt Fortig acquired control of AXIOS Sponsor LP and, as a result, may be deemed to beneficially own all of the securities owned by AXIOS Sponsor LP. Mr. Fortig is the sole member of AXIOS EQT LLC, the sole general partner of AXIOS Sponsor LP. Mr. Fortig disclaims beneficial ownership of the securities owned by AXIOS Sponsor LP, except to the extent of his pecuniary interest therein. |