Fourcore Capital Inc. - Nov 13, 2024 Form 3 Insider Report for Global Blockchain Acquisition Corp. (GBBK)

Role
10%+ Owner
Signature
/s/ Fourcore Capital Inc., by Jordan Waring its CEO
Stock symbol
GBBK
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
3
Date filed
11/15/2024, 04:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GBBK Common Stock 4.31M Nov 13, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GBBK Private Warrants to purchase common stock Nov 13, 2024 Common Stock 6.81M $11.50 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 4,312,500 shares of common stock and 6,812,500 warrants on November 13, 2024, in a private sale in consideration for purchaser's issuance of two promissory notes with an aggregate face value of $44,000,000. Each whole private placement warrant is exercisable to purchase one share of common stock at a price of $11.50 per share.
F2 The warrants become exercisable 30 days after the completion of the registrant's initial business combination.
F3 The warrants expire five years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the Form S-1 (File No. 333-264396).