Fitzgerald Securities Cantor - 11 Oct 2023 Form 4 Insider Report for Learn CW Investment Corp

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Oct 2023, 17:00:07 UTC
Prior SEC filing
16 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Howard W. Lutnick Howard W. Lutnick, as Chief Executive Officer of Cantor Fitzgerald Securities

Key filing fact

Fitzgerald Securities Cantor filed Form 4 for Learn CW Investment Corp on 13 Oct 2023.

Key facts

  • This page summarizes Fitzgerald Securities Cantor's Form 4 filing for Learn CW Investment Corp.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 13 Oct 2023, 17:00.

Change

  • Previous filing in this sequence was filed on 16 Jun 2022.
  • Current net transaction value: -$36,429,010.

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.

LCW transaction

Class A ordinary shares, par value $0.0001 per share

Other

Transaction value
$36,429,010
Shares
-3,427,000
Change %
-100%
Price
$10.63
Shares after
0
Date
11 Oct 2023
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Fitzgerald Securities Cantor is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On October 11, 2023, Learn CW Investment Corporation (the "Issuer") held an extraordinary general meeting of shareholders to vote on certain proposals. In connection with such vote, each public shareholder of the Issuer's Class A ordinary shares was permitted to seek to redeem its public shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Issuer's trust account, including interest (net of taxes paid or payable), divided by the number of then outstanding public shares. Cantor Fitzgerald Securities ("CFS") elected to redeem all its public shares. The Issuer reported on October 13, 2023 that such amount would be approximately $10.63 per share. In the event the actual per share redemption amount differs materially, the reporting persons agree to file an amendment to this form to report the final redemption price per share.

Footnote F2

CFS was the record holder of the securities reported herein. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor Fitzgerald, L.P. ("Cantor") and directly or indirectly controls the managing general partner of CFS. Mr. Lutnick is Chairman and Chief Executive of CFGM and trustee of CFGM's sole stockholder. Cantor, indirectly, holds a majority of the ownership interests of CFS. As such, each of Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by CFS. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Footnote F3

Each of the reporting persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934, as amended, or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

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