Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | SAMA | Class B common stock | Oct 7, 2021 | Class A common stock | 3.91M | Direct | F1, F2, F3 |
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, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254018) and have no expiration date. |
F2 | Includes up to 526,500 shares subject to forfeiture by Schultze Special Purpose Acquisition Sponsor II, LLC (the "Sponsor") depending on the extent to which the underwriters' over-allotment option to purchase additional units is exercised. |
F3 | The shares are held directly by the Sponsor and indirectly by George J. Schultze, who controls both Schultze Asset Management, LP, the manager of the Sponsor, and Schultze Master Fund, Ltd, the majority owner of the Sponsor. Mr. Schultze disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
See Exhibit 24.1 - Power of Attorney