Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLRC | Class B Ordinary Shares | Other | $0 | -188K | -8.7% | $0.00 | 1.97M | May 6, 2022 | Class A Ordinary Shares | 188K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment. The Class B ordinary shares have no expiration date. |
F2 | As contemplated in connection with the initial public offering of the Issuer, 187,500 Class B ordinary shares of the Issuer were returned by the reporting person to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not fully exercised. |