Ka Wo Chan - 05 May 2022 Form 4 Insider Report for SPAC II Acquisition Corp. (ASCBF)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: ASCBF
Reported as of: 05 May 2022
Net transaction value: +$8,966,000
SEC form: 4
Accepted by SEC: 09 May 2022, 13:54:09 UTC
Prior SEC filing: 02 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Ka Wo Chan

Key filing fact

Ka Wo Chan filed Form 4 for SPAC II Acquisition Corp. (ASCBF) on 09 May 2022.

Key facts

This page summarizes Ka Wo Chan's Form 4 filing for SPAC II Acquisition Corp. (ASCBF).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 May 2022, 13:54.

Change

Previous filing in this sequence was filed on 02 May 2022.
Current net transaction value: +$8,966,000.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASCB transaction

Ordinary Shares

Other

Transaction value: $0
Shares: -318,750
Change %: -6%
Price: $0.000000
Shares after: 5,000,000
Date: 05 May 2022
Ownership: See Footnote
Footnotes: F1, F4

Reported derivative securities

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

ASCB transaction Derivative

Warrant to purchase Class A ordinary shares

Purchase

Transaction value: $8,966,000
Shares: +8,966,000
Change %
Price: $1.00^*
Shares after: 8,966,000
Date: 05 May 2022
Ownership: See Footnote
Underlying class: Class A ordinary share
Underlying amount: 8,966,000
Exercise price: $11.50
Footnotes: 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

Forfeiture of shares due to the partial exercise of the underwriters' over-allotment option.

Footnote F2

The warrants become exercisable on the later of (i) after the completion of the registrant's initial business combination and (ii) 12 months from the date of the registrant's prospectus.

Footnote F3

The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.

Footnote F4

The securities reported herein are directly held by A SPAC II (Holdings) Corp. Investment and voting decisions for ASPAC II (Holdings) Corp. are made by Ka Wo Chan. The reporting person disclaims any pecuniary interest in the securities reported herein except to the extent of the reporting person's beneficial interest in A SPAC II (Holdings) Corp.