Key facts
- This page summarizes Yakira Capital Management, Inc.'s Form 4 filing for Alset Capital Acquisition Corp. (HWH).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 10 Jan 2024, 18:42.
Yakira Capital Management, Inc. - 09 Jan 2024 Form 4 Insider Report for Alset Capital Acquisition Corp. (HWH)
- Reporting relationship
- Former 10% Owner
- Issuer ticker
- HWH
- Reported as of
- 09 Jan 2024
- Net transaction value
- -$2,977,423
- SEC form
- 4
- Accepted by SEC
- 10 Jan 2024, 18:42:05 UTC
- Prior SEC filing
- 27 Dec 2023
- Next SEC filing
- 17 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nicholas Sabatini, CFO & CCO
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Yakira Capital Management, Inc. filed Form 4 for Alset Capital Acquisition Corp. (HWH) on 10 Jan 2024.
Change
- Previous filing in this sequence was filed on 27 Dec 2023.
- Current net transaction value: -$2,977,423.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACAX
transaction
Class A Common Stock
Other
- Transaction value
- $2,977,423
- Shares
- -279,308
- Change %
- -100%
- Price
- $10.66
- Shares after
- 0
- Date
- 09 Jan 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Yakira Capital Management, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
The Class A Common Stock were disposed of as a result of Yakira Capital Management, Inc., a Delaware corporation (the "Reporting Person"), exercising its right to redeem such shares upon consummation of the business combination.
Footnote F2
Reporting Person serves as investment advisors to each of (i) Yakira Partners, L.P., a Delaware limited partnership ("Yakira Partners"), (ii) Yakira Enhanced Offshore Fund Ltd., a Cayman Islands exempted company ("Yakira Offshore") and (iii) MAP 136 Segregated Portfolio, a Cayman Islands exempted company ("MAP 136") and has sole voting and investment discretion with respects to the securities reported herein which are held by Yakira Partners, Yakira Offshore and MAP 136. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein.
SEC remarks
The Reporting Person ceased to be a 10% owner effective January 9, 2024. As a result, the Reporting Person is no longer subject to Section 16 in connection with its transactions in the equity securities of the Issuer and therefore will no longer report any such transactions on Form 4 or Form 5.