Jing George Cao - 17 Mar 2023 Form 4 Insider Report for Aimfinity Investment Corp. I (AIMUF)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Mar 2023, 20:14:18 UTC
Prior SEC filing
03 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jing Cao

Key filing fact

Jing George Cao filed Form 4 for Aimfinity Investment Corp. I (AIMUF) on 21 Mar 2023.

Key facts

  • This page summarizes Jing George Cao's Form 4 filing for Aimfinity Investment Corp. I (AIMUF).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Mar 2023, 20:14.

Change

  • Previous filing in this sequence was filed on 03 May 2022.
  • 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 disclosures.

View source filing

Reported non-derivative transactions

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

AIMAU transaction

Class A Ordinary Shares

Other

Transaction value
$0
Shares
-492,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Mar 2023
Ownership
See Footnote
Footnotes
F1, F2
AIMAU holding

Class A Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
492,000
Date
17 Mar 2023
Ownership
See Footnote
Footnotes
F1, F3

Reported derivative securities

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

AIMAU transaction Derivative

Class B Ordinary Shares

Other

Transaction value
$0
Shares
-280,000
Change %
-14%
Price
$0.000000
Shares after
1,652,500
Date
17 Mar 2023
Ownership
See Footnote
Underlying class
Class A Ordinary Shares
Underlying amount
280,000
Exercise price
Footnotes
F2, F4, F5
AIMAU holding Derivative

Class B Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
280,000
Date
17 Mar 2023
Ownership
See Footnote
Underlying class
Class A Ordinary Shares
Underlying amount
280,000
Exercise price
Footnotes
F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jing George Cao is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Represents Class A Ordinary Shares underlying units (each unit having a price of $10.00 and consisting of one Class A Ordinary Share and one redeemable warrant entitling the holder to purchase one Class A Ordinary Share at a price of $11.50 per share) that were distributed by Aimfinity Investment LLC (the "Sponsor") to one of its members, Imperii Strategies LLC, pro-rata, in kind, and for no additional consideration. The acquisition by Imperii Strategies LLC was exempt from Section 16 under Rule 16a-9.

Footnote F2

These securities are held directly by the Sponsor. The Reporting Person was, at the time of the distributions reported herein, the manager and controlling member of the Sponsor and, as such, may have been deemed to beneficially own the securities held directly by the Sponsor. The Reporting Person disclaims any beneficial ownership of the securities held directly by the Sponsor, other than to the extent of any pecuniary interest he may have had therein, directly or indirectly. Immediately following the distributions reported herein, the Reporting Person ceased to be the manager and controlling member of the Sponsor.

Footnote F3

These securities are held directly by Imperii Strategies LLC. The Reporting Person is the managing member of Imperii Strategies LLC and, as such, may be deemed to beneficially own the securities held directly by Imperii Strategies LLC. The Reporting Person disclaims any beneficial ownership of the securities held directly by Imperii Strategies LLC, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Footnote F4

The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.

Footnote F5

Represents Class B Ordinary Shares that were distributed by the Sponsor to one of its members, Imperii Strategies LLC, pro-rata, in kind, and for no additional consideration. The acquisition by Imperii Strategies LLC was exempt from Section 16 under Rule 16a-9.

SEC remarks

Following the distributions reported herein, on March 17, 2023, the Reporting Person ceased to be the manager and controlling member of the Sponsor and ceased to be Chief Executive Officer and a director of the Issuer. As such, as of the filing of this Form 4, the Reporting Person is no longer subject to Section 16 for this Issuer.

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