7 Acquisition Holdings, LLC - 11 May 2023 Form 4 Insider Report for 7 Acquisition Corp

Role
10%+ Owner
Signature
7 Acquisition Holdings, LLC: By: /s/ Joel Haney, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:15:41 UTC
Previous filing
04 Nov 2021
SEC
View on sec.gov

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 SVNA Class B ordinary shares Disposed to Issuer $0 -120,000 -100% $0.000000* 0 11 May 2023 Class A ordinary shares 120,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares 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 capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Leslie Cornfeld, Sherrie Deans, Thelma B. Ferguson, Neil Jacobs, Chandra J. Mitchell and Michael Posner surrendered to the Issuer, for no consideration, 20,000 Class B ordinary shares directly held by such reporting persons.

Remarks:

After giving effect to the Issuer's delisting and deregistration, the Reporting Persons will no longer be subject to Section 16 reporting obligations.