Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | VCICU | Class B Ordinary Shares | Sep 5, 2024 | Class A Ordinary Shares | 7.67M | See Footnote | F1, F2, F3 |
Id | Content |
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F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-280880) under the heading "Description of Securities - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, or at any time prior thereto at the option of the holder thereof, on a one-for-one basis, subject to adjustment as provided in the issuer's registration statement, and have no expiration date. |
F2 | Represent Class B ordinary shares held by Vine Hill Capital Sponsor I LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B ordinary shares owned by the reporting person includes up to 1,000,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement. |
F3 | The Sponsor is the record holder of the shares reported herein. Mr. Petruska, the issuer's Chief Executive Officer and Director, is the managing member of the Sponsor. As such, Mr. Petruska may be deemed to have or share beneficial ownership of the Class B ordinary shares held directly by the Sponsor. Mr. Petruska disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interests Mr. Petruska may have therein, directly or indirectly. |