Wang Chiu Wong - 03 Jan 2025 Form 4 Insider Report for Finnovate Acquisition Corp. (FNVTF)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Jan 2025, 16:30:34 UTC
Prior SEC filing
24 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wang Chiu Wong

Key filing fact

Wang Chiu Wong filed Form 4 for Finnovate Acquisition Corp. (FNVTF) on 08 Jan 2025.

Key facts

  • This page summarizes Wang Chiu Wong's Form 4 filing for Finnovate Acquisition Corp. (FNVTF).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jan 2025, 16:30.

Change

  • Previous filing in this sequence was filed on 24 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.

FNVTF transaction

Class A Ordinary Share, par value $0.0001 per share

Other

Transaction value
$0
Shares
+15,000
Change %
Price
$0.000000
Shares after
15,000
Date
03 Jan 2025
Ownership
Direct
Footnotes
F1, F2
FNVTF transaction

Class A Ordinary Share, par value $0.0001 per share

Other

Transaction value
$0
Shares
+211,153
Change %
Price
$0.000000
Shares after
211,153
Date
03 Jan 2025
Ownership
See footnote
Footnotes
F1, F2

Reported derivative securities

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

FNVTF transaction Derivative

Class B Ordinary Share, par value $0.0001 per share

Other

Transaction value
Shares
+1
Change %
Price
Shares after
1
Date
03 Jan 2025
Ownership
See footnote
Underlying class
Class A Ordinary Share
Underlying amount
1
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents pro rata distribution by Finnovate Sponsor, LP (the "Sponsor") to its partners (the "Sponsor Distribution"). No consideration was paid in connection with the transaction reported herein.

Footnote F2

Represents (i) 15,000 Class A Ordinary Shares distributed to Wong Wang Chiu in his personal capacity and (ii) 211,153 Class A Ordinary Shares distributed to Sun Tone Limited in the Sponsor Distribution. Does not include 464, 964 warrants distributed to Sun Tone Limited in the Sponsor Distribution, which are not currently exercisable. Mr. Wong is the sole owner and director of Sun Tone Limited.

Footnote F3

The Class B ordinary share is held of record by Sunorange Limited, which received such share in the Sponsor Distribution. Wang Chiu Wong serves as the sole directors of Sunorange Limited. The Class B ordinary share is convertible into Class A ordinary share on a one-for-one basis, subject to certain adjustment, automatically upon the Issuer's initial business combination, or earlier at the election of the holder, and has no expiration date.

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