Key facts
- This page summarizes Gautham Pai's Form 4 filing for Global Consumer Acquisition Corp.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jun 2021, 21:53.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Purchase
Other
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Purchase
Additional SEC filing notes
Footnote F1
The reporting person acquired units, consisting of shares and warrants, at $10.00 per unit.
Footnote F2
Shares owned by Global Consumer Acquisition LLC, over which Gautham Pai shares voting and dispositive power.
Footnote F3
Each unit consists of one share of common stock and one half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Global Consumer Acquisition Corp. (the "Company")'s common stock at a price of $11.50 per share, subject to adjustment as described in the Company's prospectus filed with the SEC, at any time commencing on the later of 12 months from the closing of the Company's initial public offering or the completion of its initial business combination. The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
Footnote F4
Warrants owned by Global Consumer Acquisition LLC, over which Gautham Pai shares voting and dispositive power.
Footnote F5
On June 16, 2021, the underwriters of the Company exercised the over-allotment option in part and canceled the remainder of the over-allotment option. In connection with the cancellation of the remainder of the over-allotment option, the Company has canceled an aggregate of 321,750 shares of common stock issued to Global Consumer Acquisition LLC prior to its IPO and private placement.