Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | ADTN | No securities are beneficially owned | 0 | Jul 15, 2022 | Direct |
Immediately following the Closing of the Exchange Offer (as defined in that certain Business Combination Agreement dated as of August 30, 2021, by and among ADTRAN, Inc., ADVA Optical Networking SE ("ADVA"), the Issuer (f/k/a Acorn HoldCo, Inc.), and Acorn MergeCo, Inc.), the reporting person became a member of the Issuer's Board of Directors (the "Board"). In addition, though the reporting person is not a corporate officer of the Issuer, he has been designated as an officer as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended, by the Board as of the date hereof by virtue of his position as Chief Executive Officer of ADVA, a subsidiary of the Issuer.