BioPlus Sponsor LLC - Dec 7, 2021 Form 4 Insider Report for BioPlus Acquisition Corp. (BIOS)

Role
10%+ Owner
Signature
/s/ Explorer Parent LLC, By: Founder Holdings LLC, its managing member, By: Steven Fletcher, a Managing Member, By: /s/ Alex Vieux, a Managing Member
Stock symbol
BIOS
Transactions as of
Dec 7, 2021
Transactions value $
$8,800,000
Form type
4
Date filed
12/7/2021, 04:35 PM
Previous filing
Dec 2, 2021
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIOS Class A ordinary shares Other $3.8M +380K $10.00 380K Dec 7, 2021 See footnote F1, F2

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 BIOS Sponsor Loan Other $5M $3.6M Dec 7, 2021 Class A ordinary shares 500K $10.00 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 380,000 placement units purchased by BioPlus Sponsor LLC ("Sponsor") for $10.00 per unit in a private placement transaction with the Issuer. Each such unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The warrants will become exercisable 30 days after the completion of the Issuer's business combination transaction.
F2 Sponsor is the record holder of the securities reported herein. Alex Vieux and Steven Fletcher are managing members of Sponsor and of Founder Holdings LLC, which is the managing member of Explorer Parent LLC, which is a member of Sponsor. By virtue of these relationships, each of these entities and individuals may be deemed to share beneficial ownership of the securities held of record by Sponsor. Each of them disclaims any such beneficial ownership except to the extent of their pecuniary interest therein.
F3 The Sponsor Loan is convertible at the option of Sponsor into Sponsor Loan Units at a conversion price of $10.00 per unit at any time up until the consummation of the Issuer's business combination transaction. Each Sponsor Loan Unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. The warrants will become exercisable 30 days after the completion of the Issuer's business combination transaction