Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RCFA | Class A Ordinary Shares | Conversion of derivative security | +173K | 173K | May 9, 2023 | By S&R Capital Ltd. | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RCFA | Class B Ordinary Shares | Conversion of derivative security | $0 | -173K | -100% | $0.00* | 0 | May 9, 2023 | Class A Ordinary Shares | 173K | By S&R Capital Ltd. | F1, F2, F3 |
Id | Content |
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F1 | In accordance with the amended and restated memorandum and articles of association of RCF Acquisition Corp. ("RCFA"), S&R Capital Ltd. elected to convert their Class B ordinary shares of RCFA, par value $0.0001 per share (the "Class B Ordinary Shares") into Class A ordinary shares of RCFA, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration. |
F2 | S&R Capital Ltd. is the record holder of the securities reported herein. Sunny S. Shah is a director of S&R Capital Ltd. and has voting and investment discretion with respect to the securities held of record by S&R Capital Ltd. |
F3 | The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at S&R Capital Ltd. election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of RCFA's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date. |