| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | NFNT | Class B ordinary shares | Nov 18, 2021 | Class A ordinary shares | 6.8M | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-260699) (the "Registration Statement") 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 capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. |
| F2 | The Class B ordinary shares beneficially owned by the reporting person include up to 900,000 shares that are subject to forfeiture to the extent the underwriter of the initial public offering of the issuer's securities does not exercise in full its over-allotment option as described in the Registration Statement. |
| F3 | The reporting person is the record holder of the Class B ordinary shares. The reporting person is governed by a board consisting of four managers. Each manager has one vote, and the approval of a majority of the managers is required to approve an action on behalf of the reporting person. The reported securities do not include 13,540,000 private placement warrants, each of which entitle the reporting person to purchase one Class A ordinary share at a price of $11.50 per share. The reporting person purchased these private placement warrants in connection with the issuer's initial public offering which closed on November 23, 2021. The private placement warrants will only become exercisable on the later of (i) 30 days after the completion of the issuer's initial business combination and (ii) 12 months from the closing of the issuer's initial public offering. |
This amendment is being filed to update the address of the reporting person, correct an error in the number of Class B ordinary shares reported on the original Form 3 that was filed on November 18, 2021 and disclose in note 3 that the reported securities do not include the private placement warrants that the reporting person purchased in connection of the issuer's initial public offering.