Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VAQC | Class A Ordinary Shares | Disposed to Issuer | -12.3M | -100% | 1 | Mar 4, 2024 | Direct | F1, F2 |
Vector Acquisition Partners II, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | The reported securities were surrendered for no consideration in connection with liquidation of the Issuer. Upon effectiveness of the Issuer's delisting and deregistration, the reporting persons will cease to have Section 16 reporting obligations. |
F2 | This Form 4 is being filed by Vector Acquisition Partners II, L.P. (the "Sponsor"), which is controlled by Vector Capital Partners V, Ltd. (the "General Partner"), its general partner. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by the General Partner. Alex Slusky, a director of the issuer, controls the Sponsor and the General Partner, and as such has voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities of the reporting person. The General Partner and Mr. Slusky disclaim beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes. |