Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | TWOA | Class B Ordinary Share | Mar 31, 2023 | Class A Ordinary Share | 3.35M | See footnote | F1, F2 |
Id | Content |
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F1 | As described in the registrant's registration statement on Form S-1 (File No. 333-253802) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. |
F2 | These shares represent the Class B ordinary shares held by HC Proptech Partners III, LLC (the "Sponsor"), acquired pursuant to that certain securities purchase agreement by and between the Sponsor and Two Sponsor. HC PropTech III LLC is the managing member of the Sponsor and each of Thomas D. Hennessy and Daniel J. Hennessy are the managing members of HC PropTech III LLC. |