Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | BYNO | Class B Common Stock | Feb 8, 2022 | Class A Common Stock | 133K | Direct | F1, F2 |
Id | Content |
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F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-248488) (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), will automatically be converted into shares of Class A Common Stock, par value $0.0001 per share ("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 therein and have no expiration date. |
F2 | These shares represent Class B Common Stock held by Steven Wasserman that were acquired pursuant to a Securities Assignment Agreement by and between Water by Nordic AB and Steven Wasserman after giving effect to subsequent stock dividends on such Class B Common Stock. The Class B Common Stock held by Steven Wasserman includes up to 17,408 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option as described in the issuer's registration statement. |