Redwoods Capital LLC - Apr 4, 2022 Form 4 Insider Report for Redwoods Acquisition Corp. (RWOD)

Role
10%+ Owner
Signature
By: /s/ Min Gan, Authorized Representative
Stock symbol
RWOD
Transactions as of
Apr 4, 2022
Transactions value $
$3,775,000
Form type
4
Date filed
4/4/2022, 05:35 PM
Previous filing
Mar 30, 2022
Next filing
Apr 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RWOD Common Stock Purchase $3.78M +378K +13.98% $10.00 3.08M Apr 4, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RWOD Warrants to purchase Common Stock Purchase +378K 378K Apr 4, 2022 Common Stock 378K $11.50 Direct F1, F2, F3
transaction RWOD Rights to acquire Common Stock Purchase +378K 378K Apr 4, 2022 Common Stock 37.8K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 377,500 units, each unit consisting of one share of common stock, one warrant to purchase one share of common stock and one right to receive one-tenth (1/10) share of common stock.
F2 The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F3 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F4 The rights convert automatically into shares of common stock at the completion of the registrant's initial business combination.