New Emerging Markets Horizon - Mar 27, 2023 Form 4 Insider Report for Emerging Markets Horizon Corp. (HORIU)

Role
10%+ Owner
Signature
New Emerging Markets Horizon: /s/ Jonathan Neill, Authorized Signatory
Stock symbol
HORIU
Transactions as of
Mar 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/31/2023, 06:28 PM
Previous filing
Jun 24, 2022

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 HORIU Class B ordinary shares Other $0 -7.11M -100% $0.00* 0 Mar 27, 2023 Class A ordinary shares 7.11M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

New Emerging Markets Horizon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On March 7, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. In connection with the winding up of the Issuer, the Class B ordinary shares, par value $0.0001, held by the Reporting Persons were canceled on March 27, 2023.
F2 New Emerging Markets Horizon (the "Sponsor") was the record holder of such Class B ordinary shares. FPP Capital Advisers is the sole managing member of the Sponsor and had sole voting and dispositive control over the Class B ordinary shares held of record by the Sponsor. Therefore FPP Capital Advisers may also have been deemed to be the beneficial owner of such shares. FPP Capital Advisers disclaims any beneficial ownership of the securities held by the Sponsor, other than to the extent of any pecuniary interest it may have therein, directly or indirectly.

Remarks:

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