Nils Michaelis - 14 Apr 2023 Form 4/A - Amendment Insider Report for FAT PROJECTS ACQUISITION CORP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4/A - Amendment
Accepted by SEC
08 Jun 2023, 15:22:32 UTC
Original report date
24 May 2023
Prior SEC filing
08 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nils Michaelis, By Nelson Mullins Riley & Scarborough through Power of Attorney

Key filing fact

Nils Michaelis filed Form 4/A - Amendment for FAT PROJECTS ACQUISITION CORP on 08 Jun 2023.

Key facts

  • This page summarizes Nils Michaelis's Form 4/A - Amendment filing for FAT PROJECTS ACQUISITION CORP.
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jun 2023, 15:22.

Change

  • Previous filing in this sequence was filed on 08 Jun 2023.
  • 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

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported derivative securities

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

FATP transaction Derivative

Class B Ordinary Shares

Other

Transaction value
$0
Shares
-455
Change %
-0.53%
Price
$0.000000
Shares after
85,312
Date
14 Apr 2023
Ownership
See Footnote
Underlying class
Class A Ordinary Shares
Underlying amount
455
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

Explanation of responses 4 footnotes

Footnote F1

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).

Footnote F2

In January 2023, the Issuer began two private offerings of notes: (1) an offering of up to $1 million in aggregate principal amount of non-interest-bearing, unsecured notes and (2) an offering to prospective investors who are not affiliates of the Issuer, its sponsor, any officer or director of the Issuer or any of their affiliates of up to $1.0625 million in aggregate principal amount of 15% interest-bearing, unsecured notes. The purpose of the offerings was to raise working capital and capital to fund extensions of the Issuer's deadline to complete its initial business combination.

Footnote F3

In connection with, and to support and encourage subscriptions to, these offerings, all of the existing holders of the Company's Class B ordinary shares (other than certain public anchor investors who are not affiliated with the Issuer, its sponsor or any of its directors or officers) agreed to contribute without consideration up to 5% of their Class B ordinary shares so the purchasers of the notes would receive one Class B ordinary share for each $10.00 in principal amount of notes purchased. The shares reported as disposed of above were transferred to the purchasers of notes without consideration as part of that 5% contribution.

Footnote F4

The securities are held directly by Haller Bay Pte. Ltd.. The Reporting Person may be deemed to beneficially own shares held by Haller Bay Pte. Ltd. by virtue of his control over Haller Bay Pte. Ltd. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Haller Bay Pte. Ltd., except to the extent of his pecuniary interest.

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