Key facts
- This page summarizes Endurance Antarctica Partners, LLC's Form 4 filing for Endurance Acquisition Corp..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 31 Oct 2022, 17:27.
Endurance Antarctica Partners, LLC - 27 Oct 2022 Form 4 Insider Report for Endurance Acquisition Corp.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 27 Oct 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 31 Oct 2022, 17:27:26 UTC
- Prior SEC filing
- 21 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tyler Miller as attorney-in-fact for Endurance Antarctica Partners, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Endurance Antarctica Partners, LLC filed Form 4 for Endurance Acquisition Corp. on 31 Oct 2022.
Change
- Previous filing in this sequence was filed on 21 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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
EDNC
transaction
Class A Ordinary Shares
Options Exercise
- Transaction value
- $0
- Shares
- +2,770,000
- Change %
- Price
- $0.000000
- Shares after
- 2,770,000
- Date
- 27 Oct 2022
- Ownership
- Direct
- Footnotes
- F3
EDNC
transaction
Class A Ordinary Shares
Disposed to Issuer
- Transaction value
- Shares
- -2,770,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 27 Oct 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EDNC
transaction
Derivative
Class B Ordinary Shares
Options Exercise
- Transaction value
- Shares
- -2,770,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 27 Oct 2022
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 2,770,000
- Exercise price
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Endurance Antarctica Partners, 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 4 footnotes
Footnote F1
Pursuant to the Business Combination Agreement, dated March 8, 2022, as amended, by and among the Issuer, SatixFy Communications Ltd., a limited liability company organized under the laws of the State of Israel ("SatixFy"), and SatixFy MS, a Cayman Islands exempted company and a direct, wholly owned subsidiary of SatixFy ("Merger Sub"), on October 27, 2022 Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of SatixFy (the "Business Combination").
Footnote F2
As a result of the Business Combination, (i) each Class B ordinary share of the Issuer was automatically converted into one Class A ordinary share of the Issuer; (ii) each issued and outstanding Class A ordinary share of the Issuer was exchanged for one ordinary share of SatixFy; and (iii) the warrants held by the Reporting Persons to purchase Class A ordinary shares of the Issuer were automatically converted into a like number of warrants to purchase ordinary shares of SatixFy.
Footnote F3
Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw share control over the managing member of Endurance Antarctica Partners, LLC (the "Sponsor") and therefore, indirectly, the Sponsor and, as a result, each may be deemed to beneficially own the securities reported herein. Each of Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.
Footnote F4
750,000 Class B ordinary shares were forfeited when the underwriters' initial public offering over-allotment option expired unexercised. An additional 800,000 Class B ordinary shares were forfeited immediately prior to the closing of the Business Combination.