Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | VSAC | Class B Common Stock, par value $0.0001 per share | Oct 29, 2021 | Class A Common Stock, par value $0.0001 per share | 2.53M | See Explanation of Responses | F1, F2, F3, F4 |
Id | Content |
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F1 | Vision Sensing LLC ("Sponsor") directly owns shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of Vision Sensing Acquisition Corp. (the "Issuer"), including 330,000 shares of Class B Common Stock that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to it to cover over-allotments. Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, 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. |
F2 | The managing member of the Sponsor is George Cho Yiu So ("Mr. So" and together with Sponsor, the "Reporting Persons"). |
F3 | Because of the relationship between the Reporting Persons, Mr. So may be deemed to beneficially own the securities reported herein to the extent of his pecuniary interests. Mr. So disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any. |
F4 | Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that Mr. So is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities reported herein in excess of his pecuniary interests. |