Key facts
- This page summarizes Murphy Canyon Acquisition Sponsor, LLC's Form 3 filing for Murphy Canyon Acquisition Corp. (CDT).
- 0 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 11 Feb 2022, 15:31.
Murphy Canyon Acquisition Sponsor, LLC - 02 Feb 2022 Form 3 Insider Report for Murphy Canyon Acquisition Corp. (CDT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- CDT
- Reported as of
- 02 Feb 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ Jack K. Heilbron, Managing Member, Murphy Canyon Acquisition Sponsor, LLC
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Murphy Canyon Acquisition Sponsor, LLC filed Form 3 for Murphy Canyon Acquisition Corp. (CDT) on 11 Feb 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MURF
holding
Class A common stock, par value $0.0001 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 754,000
- Date
- 02 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MURF
holding
Derivative
Warrants
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 02 Feb 2022
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001 per share
- Underlying amount
- 565,500
- Exercise price
- $11.50
- Footnotes
- F3, F4, F5
MURF
holding
Derivative
Class B common stock, par value $0.0001 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 02 Feb 2022
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.0001 per share
- Underlying amount
- 3,306,250
- Exercise price
- Footnotes
- F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
On February 2, 2022, Murphy Canyon Acquisition Sponsor, LLC (the "Sponsor") purchased 754,000 units (the "Private Placement Units") pursuant to a private placement. Each Private Placement Unit consists of one share of Class A common stock and three-quarters of one redeemable warrant.
Footnote F2
The shares of Class A common stock are underlying units (the "Private Placement Units"). Each Private Placement Unit consists of one share of Class A common stock and three-quarters of one redeemable warrant.
Footnote F3
The Warrants will become exercisable upon the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of the Issuer's initial business combination.
Footnote F4
The Warrants will expire five years after the completion of the Issuer's business combination or earlier upon redemption or liquidation.
Footnote F5
As described in the Issuer's registration statement on Form S-1 (333-262036) (the "S-1") under the heading "Redeemable Warrants," the number of shares issuable upon exercise and the conversion price of the Warrants are subject to certain adjustments as described therein. Cashless exercise is also permitted.
Footnote F6
On November 16, 2021, the Sponsor agreed to purchase 4,312,500 shares of Class B common stock (the "Founder Shares") pursuant to a private placement for an aggregate purchase price of $25,000, or approximately $0.006 per share. On January 26, 2022, the Sponsor surrendered and forfeited 1,006,250 of the Founder Shares for no consideration, following which the Sponsor holds 3,306,250 Founder Shares.
Footnote F7
As described in the S-1 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.