Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RBOT | Class A common stock, par value $0.0001 per share | Other | -8.54M | -100% | 0 | Jul 13, 2022 | Direct | F1 |
D8 Sponsor LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | D8 Sponsor LLC distributed 100% of the issued and outstanding shares of Class A common stock held by it to its members in accordance with the terms of its limited liability company agreement. |
Prior to the distribution, D8 Sponsor LLC was a director by deputization because one of its managers, Donald Tang, was nominated to, and a member of, the Issuer's board of directors pursuant to a nomination agreement between D8 Sponsor LLC and the Issuer. In connection with the distribution, the rights of D8 Sponsor LLC under the nomination agreement terminated. As a result of the distribution, D8 Sponsor LLC is no longer a director by deputization or a 10% Owner, and therefore is no longer subject to Section 16 of the Securities Exchange Act of 1934.