FAT PROJECTS SPAC PTE. LTD. - 17 Oct 2021 Form 4 Insider Report for FAT PROJECTS ACQUISITION CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Mar 2023, 09:38:37 UTC
Prior SEC filing
21 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Fat Projects SPAC PTE. LTD., by Nelson Mullins Riley & Scarborough LLP with Power of Attorney

Key filing fact

FAT PROJECTS SPAC PTE. LTD. filed Form 4 for FAT PROJECTS ACQUISITION CORP on 22 Mar 2023.

Key facts

  • This page summarizes FAT PROJECTS SPAC PTE. LTD.'s Form 4 filing for FAT PROJECTS ACQUISITION CORP.
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 22 Mar 2023, 09:38.

Change

  • Previous filing in this sequence was filed on 21 Mar 2023.
  • Current net transaction value: -$2,865,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FATP transaction Derivative

Warrants

Other

Transaction value
$2,865,000
Shares
-2,865,000
Change %
-100%
Price
$1.00*
Shares after
0
Date
17 Oct 2021
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
2,865,000
Exercise price
$11.50
Footnotes
F1, F2, F3
FATP transaction Derivative

Class B Ordinary Shares

Other

Transaction value
Shares
-2,125,000
Change %
-100%
Price
Shares after
0
Date
18 Oct 2021
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
2,125,000
Exercise price
Footnotes
F1, F3, 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

Represents a distribution by Fat Projects SPAC PTE. LTD., the sponsor of the issuer (the "Sponsor") to its members for no consideration.

Footnote F2

Each warrant will become exercisable on the later of 12 months from the closing of the Issuer's initial public offering and the date of completion of the Issuer's initial business combination. Each warrant will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.

Footnote F3

This Form 4 is being filed by Fat Projects SPAC PTE. LTD., the sponsor of the issuer (the "Sponsor"). David Andrada and Tristan Lo, the issuer's co-chief executive officers, and Nils Michaelis, the issuer's president, chief operating officer and head of mergers and acquisitions, is each a director of the Sponsor. David Andrada, Tristan Lo and Nils Michaelis may be deemed to beneficially own the securities held by the Sponsor by virtue of their control over the Sponsor. David Andrada, Tristan Lo and Nils Michaelis disclaim beneficial ownership of the Issuer's securities held by the Sponsor, except to the extent of their respective pecuniary interest.

Footnote F4

The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-257126).

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .