Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | DKDCW | Class B Common Stock | May 6, 2021 | Class A Common Stock | 2.88M | Direct | F1, F2, F3 |
Id | Content |
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F1 | 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 as set forth in the issuer's registration statement on Form S-1 (File No. 333-254029). |
F2 | Includes up to 375,000 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all. |
F3 | This Form 3 is being filed by Data Knights, LLC, the sponsor of the issuer (the "Sponsor"). Barry Anderson, the issuer's chief executive officer, is a manager of the Sponsor, and Firdauz Edmin Bin Mokhtar, the issuer's chief financial officer, is a manager and equity holder of the Sponsor. Each of Messrs. Anderson and Mokhtar may be deemed to beneficially own shares held by the Sponsor by virtue of each individual's control over the Sponsor. Messrs. Anderson and Mokhtar each disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his respective pecuniary interest. |