Enphys Acquisition Sponsor LLC - 17 Oct 2023 Form 4 Insider Report for Enphys Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Oct 2023, 18:09:49 UTC
Prior SEC filing
13 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Par Lindstrom, as Attorney-in-Fact

Key filing fact

Enphys Acquisition Sponsor LLC filed Form 4 for Enphys Acquisition Corp. on 17 Oct 2023.

Key facts

  • This page summarizes Enphys Acquisition Sponsor LLC's Form 4 filing for Enphys Acquisition Corp..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Oct 2023, 18:09.

Change

  • Previous filing in this sequence was filed on 13 Oct 2021.
  • 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.

NFYS transaction

Class A Ordinary Shares

Conversion of derivative security

Transaction value
Shares
+4,994,800
Change %
Price
Shares after
4,994,800
Date
17 Oct 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

NFYS transaction Derivative

Class B Ordinary Shares

Conversion of derivative security

Transaction value
$0
Shares
-4,994,800
Change %
-77%
Price
$0.000000
Shares after
1,500,000
Date
17 Oct 2023
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
4,994,800
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

In accordance with the Amended and Restated Memorandum and Articles of Association of Enphys Acquisition Corp. ("NFYS"), Enphys Acquisition Sponsor LLC (the "Sponsor") elected to convert 4,994,800 of its Class B ordinary shares of NFYS, par value $0.0001 per share (the "Class B Ordinary Shares"), into Class A ordinary shares of NFYS, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration.

Footnote F2

The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at the Sponsor's election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of NFYS's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.

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