Key facts
- This page summarizes Paul Packer's Form 4 filing for Globis Acquisition Corp..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Jun 2022, 06:30.
Paul Packer - 09 Jun 2022 Form 4 Insider Report for Globis Acquisition Corp.
- Reporting relationship
- CEO, CFO and Secretary, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 09 Jun 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Jun 2022, 06:30:50 UTC
- Prior SEC filing
- 05 Jan 2022
- Next SEC filing
- 24 Oct 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Paul Packer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Paul Packer filed Form 4 for Globis Acquisition Corp. on 14 Jun 2022.
Change
- Previous filing in this sequence was filed on 05 Jan 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GLAQU
transaction
Common Stock
Other
- Transaction value
- Shares
- -2,830,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2022
- Ownership
- See Footnote
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GLAQU
transaction
Derivative
Common Stock Purchase Warrant
Other
- Transaction value
- Shares
- -3,628,889
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2022
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 3,628,889
- Exercise price
- $11.50
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Paul Packer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On June 9, 2022, the issuer consummated its initial business combination (the "Business Combination") with Forafric Global PLC. ("New Forafric"), a Gibraltar public company limited by shares. As described in Globis Acquisition Corp.'s Current Report on Form 8-K (File No. 333-262126) filed on June 9, 2022 (the "Form 8-K"), in connection with the closing of the Business Combination, each share of Common Stock was exchanged for one ordinary share, nominal value $0.001 per share, of New Forafric (each, an "Ordinary Share").
Footnote F2
Represents securities held by Globis SPAC LLC, of which Mr. Packer is the sole manager.
Footnote F3
The warrants became exercisable upon the completion of the Business Combination.
Footnote F4
As described in the Form 8-K, in connection with the closing of the Business Combination, the private placement warrants were exchanged for warrants to acquire Ordinary Shares at an exercise price of $11.50 per share.