Harry L. You - Jun 26, 2023 Form 4 Insider Report for Coliseum Acquisition Corp. (MITA)

Signature
/s/ Harry L. You
Stock symbol
MITA
Transactions as of
Jun 26, 2023
Transactions value $
$0
Form type
4
Date filed
6/27/2023, 04:56 PM
Previous filing
Apr 5, 2023
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MITA Class A Ordinary Shares Other +2.62M 2.62M Jun 26, 2023 Direct F2

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 MITA Class B Ordinary Shares Other -1 -50% 1 Jun 26, 2023 Class A Ordinary Shares 1 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B ordinary shares of the Issuer are convertible into the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254513), as amended, and have no expiration date.
F2 The 2,624,999 Class A ordinary shares and 1 Class B ordinary share reported herein (collectively, the "Shares") were acquired by the Reporting Person pursuant to the Purchase Agreement, dated as of June 15, 2023 ("Purchase Agreement"), by and between the Issuer, Coliseum Acquisition Sponsor LLC, and Berto LLC, an affiliate of the Reporting Person. On June 26, 2023, the transactions contemplated by the Purchase Agreement were consummated and the Reporting Person purchased the Shares for an aggregate purchase price of $1.00 plus Berto LLC's agreement to advance funds to the Issuer in connection with the shareholder vote to approve an extension to the time that the Issuer has to complete an initial business combination.

Remarks:

Chief Executive Officer and Chief Financial Officer