Kok Wai HOOY - Sep 23, 2021 Form 4 Insider Report for HHG Capital Corp (HHGC)

Role
10%+ Owner
Signature
/s/ Kok Wai Hooy
Stock symbol
HHGC
Transactions as of
Sep 23, 2021
Transactions value $
$2,550,000
Form type
4
Date filed
9/23/2021, 06:00 PM
Previous filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HHGC Ordinary Shares Purchase $2.55M +255K +21.56% $10.00 1.44M Sep 23, 2021 Direct F1

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
transaction HHGC Warrants to purchase Ordinary Share Purchase +255K 255K Sep 23, 2021 Ordinary Shares 191K $11.50 Direct F1, F2, F3
transaction HHGC Rights to receive Ordinary Share Purchase +255K 255K Sep 23, 2021 Ordinary Shares 25.5K $0.00 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 255,000 units, each unit consisting of one ordinary share, one warrant to purchase three-fourths (3/4) of one ordinary share at an exercise price of $11.50 per ordinary share, and one right to receive one-tenth (1/10) of an ordinary share upon the consummation of an initial business combination.
F2 The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
F3 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F4 The rights automatically convert into one-tenth (1/10) of an ordinary share upon the consummation of the registrant's initial business combination, as described in the registrant's prospectus filed with the SEC.
F5 The rights will expire upon liquidation of the registrant if the initial business combination is not completed in the prescribed timeframe as described in the registrant's prospectus filed with the SEC.