Daniel J. Hennessy - Jan 10, 2024 Form 4 Insider Report for two (TWOA)

Role
10%+ Owner
Signature
/s/ Daniel J. Hennessy
Stock symbol
TWOA
Transactions as of
Jan 10, 2024
Transactions value $
$0
Form type
4
Date filed
1/11/2024, 04:30 PM
Previous filing
Oct 23, 2023
Next filing
Mar 29, 2024

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 TWOA Class B Ordinary Shares Other $0 -10K -0.31% $0.00 3.2M Jan 10, 2024 Class A Ordinary Shares 10K See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Pursuant to a securities assignment agreement, dated as of January 10, 2024, 10,000 Class B ordinary shares of the registrant were assigned by HC Proptech Partners III LLC (the "Sponsor") to a director of the registrant.
F3 These shares represent the Class B ordinary shares held by the 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.