Key facts
- This page summarizes Revofast LLC's Form 4 filing for Fintech Ecosystem Development Corp..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 24 Oct 2022, 16:31.
Revofast LLC - 20 Oct 2022 Form 4 Insider Report for Fintech Ecosystem Development Corp.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 20 Oct 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 24 Oct 2022, 16:31:23 UTC
- Prior SEC filing
- 18 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Saiful Khandaker, as Manager of Revofast LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Revofast LLC filed Form 4 for Fintech Ecosystem Development Corp. on 24 Oct 2022.
Change
- Previous filing in this sequence was filed on 18 Oct 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.
FEXD
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -500,000
- Change %
- -15%
- Price
- $0.000000
- Shares after
- 2,780,000
- Date
- 20 Oct 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 500,000
- Exercise price
- $3.00
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Each Class B Ordinary Share will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.
Footnote F2
On October 20, 2022, Revofast LLC (the "Sponsor") sold 500,000 shares of Class B common stock to Revofast Ventures LLC (the "Sponsor Affiliate") for $3.00 per share. Following consummation of the transaction, the Sponsor is the direct holder of 2,280,000 shares of Class B common stock and the Sponsor Affiliate is the direct holder of 500,000 shares of Class B common stock. Mr. Saiful Khandaker is the Manager of the Sponsor and the Managing Member of the Sponsor Affiliate and has voting and dispositive power over the shares held by each of the Sponsor and the Sponsor Affiliate. Mr. Khandaker disclaims beneficial ownership over any securities owned by the Sponsor and the Sponsor Affiliate in which he does not have a pecuniary interest.