Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | w#fr8hgtsb | Class B Common Stock | Oct 7, 2021 | Class A Common Stock | 2.48M | Direct | F1, F2, F3 |
Id | Content |
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F1 | The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 File No. 333-2258091. |
F2 | Includes up to 337,500 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all. |
F3 | This Form 3 is being filed by MP One Investment LLC, the sponsor of the issuer (the "Sponsor"). Chen, Hong - Jung (Moses), the issuer's chief executive officer, is a manager of the Sponsor. Chen, Hong - Jung (Moses) may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. Chen, Hong - Jung (Moses) disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his respective pecuniary interest. |