Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CFIV | Class A Common Stock | Conversion of derivative security | +12.4M | +1239.72% | 13.4M | Jun 12, 2023 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CFIV | Class B Common Stock | Conversion of derivative security | -12.4M | -99.2% | 100K | Jun 12, 2023 | Class A Common Stock | 12.4M | Direct | F1, F3 |
Id | Content |
---|---|
F1 | The shares of Class B common stock of the issuer have no expiration date and are convertible into shares of Class A common stock of the issuer on a one-for-one basis. On June 12, 2023, the reporting person elected to convert 12,366,250 shares of Class B common stock held by it into shares of Class A common stock. |
F2 | Includes 997,500 shares of Class A common stock underlying private placement units (each unit consisting of one share of Class A common stock and one third of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by CFAC Holdings IV, LLC (the "Sponsor"), acquired in connection with the issuer's initial public offering. |
F3 | The Sponsor is the record holder of the shares reported herein. Cantor Fitzgerald, L.P. ("Cantor") is the sole member of the Sponsor. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor. Mr. Lutnick, the issuer's Chairman and Chief Executive Officer, is the trustee of the sole stockholder of CFGM. As such, each of Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by the Sponsor. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly. |