Key facts
- This page summarizes SKYDECK MANAGEMENT LLC's Form 4 filing for SKYDECK ACQUISITION CORP..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 22 May 2023, 17:14.
SKYDECK MANAGEMENT LLC - 19 May 2023 Form 4 Insider Report for SKYDECK ACQUISITION CORP.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 19 May 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 22 May 2023, 17:14:21 UTC
- Prior SEC filing
- 02 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- Skydeck Management LLC, By: /s/ Paul J. Salem, as President
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
SKYDECK MANAGEMENT LLC filed Form 4 for SKYDECK ACQUISITION CORP. on 22 May 2023.
Change
- Previous filing in this sequence was filed on 02 Jul 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.
SKYA
transaction
Derivative
Class B ordinary shares
Disposed to Issuer
- Transaction value
- $0
- Shares
- -5,441,490
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 1
- Date
- 19 May 2023
- Ownership
- Direct
- Underlying class
- Class A ordinary shares
- Underlying amount
- 5,441,490
- 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
SKYDECK MANAGEMENT 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
On April 21, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association and in connection with the winding up of the Issuer, the Class B ordinary shares, par value $0.0001, held by the Reporting Person were surrendered for no compensation on May 19, 2023.
Footnote F2
This Form 4 is being filed by the Sponsor. The Class B ordinary shares are held in the name of the Sponsor. The Sponsor is managed by a board of managers comprised of Paul J. Salem, Martin J. Mannion, Christopher S. Satti and Frederic A. Flaxman. Each manager has one vote, and the approval of a majority is required to approve an action of the Sponsor. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. This is the situation with regard to the Sponsor. Based upon the foregoing analysis, no individual manager of the Sponsor exercises voting or dispositive control over any of the securities held by the Sponsor, even those in which he directly holds a pecuniary interest.
Footnote F3
(Continued from Footnote 2) Accordingly, none of them will be deemed to have or share beneficial ownership of such shares.
SEC remarks
After giving effect to the Issuer's delisting and deregistration, the Reporting Person will no longer be subject to Section 16 reporting obligations.