Key facts
- This page summarizes World Quantum Growth Acquisition LLC's Form 4 filing for World Quantum Growth Acquisition Corp..
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2023, 15:53.
World Quantum Growth Acquisition LLC - 13 Feb 2023 Form 4 Insider Report for World Quantum Growth Acquisition Corp.
- Reporting relationship
- Officer, Director, Other*, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 13 Feb 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 15:53:38 UTC
- Prior SEC filing
- 24 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- World Quantum Growth Acquisition LLC By: /s/ Xavier Rolet Name: Xavier Rolet Title: Member
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
World Quantum Growth Acquisition LLC filed Form 4 for World Quantum Growth Acquisition Corp. on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 24 Sep 2021.
- 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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WQGA
transaction
Derivative
Class B ordinary share
Disposed to Issuer
- Transaction value
- $0
- Shares
- -5,023,749
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 1
- Date
- 21 Feb 2023
- Ownership
- Direct
- Underlying class
- Class A ordinary share
- Underlying amount
- 5,023,749
- Exercise price
- Footnotes
- F1, F2
WQGA
transaction
Derivative
Class B ordinary share
Disposed to Issuer
- Transaction value
- $0
- Shares
- -75,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 13 Feb 2023
- Ownership
- Direct
- Underlying class
- Class A ordinary share
- Underlying amount
- 75,000
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
World Quantum Growth Acquisition LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
As described in the Issuer's registration statement on Form S-1 (File No. 333-255890) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares ("Class B Shares"), par value $0.0001 per share, will automatically convert into Class A ordinary shares ("Class A Shares"), par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
Footnote F2
In connection with the liquidation and dissolution of the Issuer, World Quantum Growth Acquisition LLC ("Sponsor") surrendered to the Issuer, for no consideration, 5,023,749 Class B Shares directly held by Sponsor. Xavier Rolet is the chief executive officer of Sponsor, and had sole voting and dispositive power over the securities of the Issuer surrendered by Sponsor, and therefore may have been deemed to have had beneficial ownership of the securities of the Issuer held directly by Sponsor. Mr. Rolet disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Footnote F3
In connection with the liquidation and dissolution of the Issuer, each of Emer Timmons, Peter Lenardos and Sharda Cherwoo surrendered to the Issuer, for no consideration, 25,000 Class B Shares directly held by such reporting persons.
SEC remarks
This "Exit" Form 4 is filed to report that, following the Issuer's dissolution on February 24, 2023, each of the Reporting Persons is no longer subject to Section 16 reporting.