Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BLNG | Class B common stock | Other | -563K | -12.64% | 3.89M | Sep 6, 2021 | Class A common stock | 563K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date. |
F2 | Forfeiture and cancellation of shares of Class B common stock for no consideration because the underwriters' over-allotment option was not exercised. |