Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | TCOA | Class B Common Stock | Jun 2, 2023 | Class A Common Stock | 20K | Direct | F1, F2 | |||||||
holding | TCOA | Class B Common Stock | Jun 2, 2023 | Class A Common Stock | 2.59M | See footnote | F1, F2 |
Id | Content |
---|---|
F1 | As described in the issuer's registration statement on Form S-1 (File No. 333-253967) under the heading "Description of Securities-Founder Shares", the Class B common stock, par value $0.0001, will automatically convert into Class A common stock, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. |
F2 | These shares represent 2,592,898 shares of Class B common stock of the issuer held by J. Streicher Holdings, LLC (the "Sponsor"). As such, the Reporting Person may be deemed to have beneficial ownership of such shares. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |