Key facts
- This page summarizes Parsec Acquisitions Sponsor, LLC's Form 4 filing for Parsec Capital Acquisitions Corp..
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 15 Dec 2021, 17:28.
Parsec Acquisitions Sponsor, LLC - 14 Dec 2021 Form 4 Insider Report for Parsec Capital Acquisitions Corp.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 14 Dec 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 15 Dec 2021, 17:28:12 UTC
- Prior SEC filing
- 25 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Parsec Acquisitions Sponsor, LLC, /s/ Patricia Trompeter, Managing Member
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Parsec Acquisitions Sponsor, LLC filed Form 4 for Parsec Capital Acquisitions Corp. on 15 Dec 2021.
Change
- Previous filing in this sequence was filed on 25 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.
PCXCU
transaction
Derivative
Warrants
Sale
- Transaction value
- Shares
- -3,593,748
- Change %
- -82%
- Price
- Shares after
- 775,002
- Date
- 14 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001 per share
- Underlying amount
- 3,593,748
- Exercise price
- $11.50
- Footnotes
- F1, F2, F3
PCXCU
transaction
Derivative
Class B common stock, par value $0.0001 per share
Sale
- Transaction value
- Shares
- -1,656,249
- Change %
- -87%
- Price
- Shares after
- 250,001
- Date
- 14 Dec 2021
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001 per share
- Underlying amount
- 1,656,249
- Exercise price
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The Reporting Person distributed shares of the Issuer to members of Parsec Acquisitions Sponsor, LLC.
Footnote F2
The warrants will become exercisable on the later of (i) October 5, 2022, which is one year after the date that the registration statement was declared effective by the SEC; and (ii) the 30 days after the consummation by the Issuer of a business combination.
Footnote F3
The warrants expire at 5:00 p.m., New York City time on the earlier to occur of: (x) the date that is five (5) years after the date on which the Issuer completes its business combination, (y) the liquidation of the Issuer in accordance with the Issuer's amended and restated certificate of incorporation, as amended and/or restated from time to time, if the Issuer fails to complete a business combination, or (z) the redemption date (as defined the Private Placement Warrant Purchase Agreement).
Footnote F4
As described in the issuer's registration statement on Form S-1 (File No. 333-257766) under the heading "Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration.