Redwoods Capital LLC - 07 Apr 2022 Form 4 Insider Report for Redwoods Acquisition Corp. (KLTO)

Reporting relationship: 10%+ Owner
Issuer ticker: KLTO
Reported as of: 07 Apr 2022
Net transaction value: +$375,000
SEC form: 4
Accepted by SEC: 11 Apr 2022, 11:39:05 UTC
Prior SEC filing: 04 Apr 2022
Source filing: View source filing
Reporting owner signature: By: /s/ Min Gan, Authorized Representative

Key filing fact

Redwoods Capital LLC filed Form 4 for Redwoods Acquisition Corp. (KLTO) on 11 Apr 2022.

Key facts

This page summarizes Redwoods Capital LLC's Form 4 filing for Redwoods Acquisition Corp. (KLTO).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 11 Apr 2022, 11:39.

Change

Previous filing in this sequence was filed on 04 Apr 2022.
Current net transaction value: +$375,000.

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.

RWOD transaction

Common Stock

Purchase

Transaction value: $375,000
Shares: +37,500
Change %: +1.2%
Price: $10.00
Shares after: 3,115,000
Date: 07 Apr 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

RWOD transaction Derivative

Warrants to purchase Common Stock

Purchase

Transaction value
Shares: +37,500
Change %: +9.9%
Price
Shares after: 415,000
Date: 07 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 37,500
Exercise price: $11.50
Footnotes: F1, F2, F3

RWOD transaction Derivative

Rights to acquire Common Stock

Purchase

Transaction value
Shares: +37,500
Change %: +9.9%
Price
Shares after: 415,000
Date: 07 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,750
Exercise price
Footnotes: F1, 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 reporting person acquired 37,500 units, each unit consisting of one share of common stock, one warrant to purchase one share of common stock and one right to receive one-tenth (1/10) share of common stock.

Footnote F2

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

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 rights convert automatically into shares of common stock at the completion of the registrant's initial business combination.