Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BLEU | Class B ordinary shares | Sale | -$2.61M | -30K | -0.44% | $86.95* | 6.79M | Dec 27, 2023 | Class A Ordinary Shares | 30K | Direct | F1, F2, F3 |
Id | Content |
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F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-257240) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer 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 certain adjustments. The Class B shares have no expiration date. |
F2 | On December 27, 2023, bleuacacia sponsor LLC assigned and sold 30,000 Class B ordinary shares to Ms. Kat Peeler pursuant to the securities assignment agreement entered into by and between bleuacacia sponsor LLC and Ms. Kat Peeler. |
F3 | Jide Zeitlin and at least three other individuals each have voting and dispositive power over the shares owned by bleuacacia sponsor LLC. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Based upon the foregoing analysis, the aforementioned individuals do not exercise voting or dispositive control over any of the securities held by bleuacacia sponsor LLC, even those in which such person directly holds a pecuniary interest. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares. |