Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMTS | Warrants | Purchase | $8.1M | +8.1M | $1.00* | 8.1M | Oct 15, 2020 | Class A Comon Stock | 8.1M | $11.50 | See Footnote | F1, F2, F3 |
Id | Content |
---|---|
F1 | The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering. |
F2 | The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A common shares or the issuer's liquidation. |
F3 | MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. are the managing members of Spartacus Sponsor LLC (the "Sponsor") and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. may be deemed to share beneficial ownership of the warrants held directly by the Sponsor. As such, each of MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. have voting and investment discretion with respect to the warrants held of record by the Sponsor and may be deemed to share beneficial ownership of the warrants held by the Sponsor. MILFAM CI LLC SPARTACUS and CCUR Holdings, Inc. MILFAM CI LLC SPARTACUS is controlled by MILFAM CI Management LLC, which is owned and controlled by Neil Subin. CCUR Holdings, Inc. is controlled by its board of directors. Mr. Subin disclaims any beneficial ownership of the reported warrants other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |