Yaron Valler - 31 May 2024 Form 4 Insider Report for Target Global Acquisition I Corp. (TGAAF)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Jun 2024, 21:45:36 UTC
Prior SEC filing
01 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Yaron Valler

Key filing fact

Yaron Valler filed Form 4 for Target Global Acquisition I Corp. (TGAAF) on 05 Jun 2024.

Key facts

  • This page summarizes Yaron Valler's Form 4 filing for Target Global Acquisition I Corp. (TGAAF).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Jun 2024, 21:45.

Change

  • Previous filing in this sequence was filed on 01 Dec 2023.
  • 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.

TGAA transaction

Class A ordinary shares

Other

Transaction value
Shares
-3,533,191
Change %
-70%
Price
Shares after
1,514,224
Date
31 May 2024
Ownership
By Target Global Sponsor Ltd.
Footnotes
F1, F2, F3

Reported derivative securities

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

TGAA transaction Derivative

Class B ordinary shares

Other

Transaction value
Shares
+17,500
Change %
Price
Shares after
7,500
Date
31 May 2024
Ownership
By Target Global Sponsor Ltd.
Underlying class
Class A ordinary shares
Underlying amount
17,500
Exercise price
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

Yaron Valler 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 May 31, 2024, Target Global Sponsor Ltd., a Cayman Islands exempt company ("Sponsor"), entered into a Securities Assignment Agreement pursuant to which Sponsor transferred and assigned to CIIG Management III LLC 3,533,191 Class A ordinary shares for an aggregate purchase price of $16,441 and 17,500 Class B ordinary shares for an aggregate purchase price of $81.

Footnote F2

The Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis: (a) at any time and from time to time at the option of the holder, including (for the avoidance of doubt) at any time prior to the consummation of a business combination; or (b) automatically on the day of the consummation of a business combination. The shares do not have any expiration date.

Footnote F3

Sponsor is the sponsor of the Issuer. Sponsor is controlled by Shmuel Chafets and Yaron Valler, who have voting and investment discretion in respect of the ordinary shares held by Sponsor and may be deemed to have shared beneficial ownership of such ordinary shares. Each of Shmuel Chafets and Yaron Valler disclaims beneficial ownership of the shares held by Sponsor except to the extent of his pecuniary interest therein, directly or indirectly.

SEC remarks

Former Chief Investment Officer

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