Alexander Coleman - 29 Jul 2024 Form 4 Insider Report for New Providence Acquisition Corp. II

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
31 Jul 2024, 20:28:31 UTC
Prior SEC filing
21 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alexander Coleman

Key filing fact

Alexander Coleman filed Form 4 for New Providence Acquisition Corp. II on 31 Jul 2024.

Key facts

  • This page summarizes Alexander Coleman's Form 4 filing for New Providence Acquisition Corp. II.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 31 Jul 2024, 20:28.

Change

  • Previous filing in this sequence was filed on 21 Aug 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.

NPAB transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+3,199,999
Change %
+107%
Price
Shares after
6,199,999
Date
29 Jul 2024
Ownership
By New Providence Acquisition II LLC
Footnotes
F1, F2

Reported derivative securities

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

NPAB transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-3,199,999
Change %
-100%
Price
$0.000000
Shares after
1
Date
29 Jul 2024
Ownership
By New Providence Acquisition II LLC
Underlying class
Class A Common Stock
Underlying amount
3,199,999
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

Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the shares of Class B common stock, par value $0.0001 per share, are convertible, at the option of the holder at any time, and from time to time, into shares of Class A common stock, par value $0.0001 per share, of the Issuer on a one-for-one basis, for no additional consideration, and have no expiration date. On July 29, 2024, New Providence Acquisition II LLC (the "Sponsor") elected to convert 3,199,999 shares of Class B common stock held by it into 3,199,999 shares of Class A common stock.

Footnote F2

The securities reported herein are held by the Sponsor. The Reporting Person and Gary P. Smith are the co-managers of the Reporting Person (the "Co-Managers"), and as such, have voting and investment discretion with respect to the securities held directly by the Sponsor and may be deemed to have shared beneficial ownership of securities held directly by the Sponsor. The Co-Managers also serve on the Issuer's board of directors. The business address of the Sponsor is c/o New Providence Acquisition Corp. II, 10900 Research Blvd, Suite 160C, PMB 1081, Austin, TX 78759. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and the inclusion of these securities in this Report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

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