3//SEC Filing
Black Spade Sponsor LLC 3
Accession 0000899243-21-028460
CIK 0001851908other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 6:56 AM ET
Size
6.5 KB
Accession
0000899243-21-028460
Insider Transaction Report
Form 3
Black Spade Sponsor LLC
10% Owner
Holdings
Class B ordinary shares
→ Class A ordinary shares (3,362,500 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares of the issuer will automatically convert into Class A ordinary shares of the issuer on a one-for-one basis (subject to certain adjustments, including share sub-divisions, share capitalizations, reorganizations, recapitalizations and other transactions) concurrently with or immediately following the consummation of the issuer's initial business combination, as described in the section entitled "Description of Securities" in the issuer's registration statement on Form S-1 (File No. 333-257517) filed with the Securities and Exchange Commission on June 29, 2021. The Class B ordinary shares have no expiration date.
- [F2]Up to 438,587 of the Class B ordinary shares reported herein will be surrendered to the issuer for no consideration after the closing of the initial public offering depending on the extent to which the underwriters' over-allotment option is exercised.
- [F3]The reporting person is the record holder of the Class B ordinary shares reported herein. There are three managers of the reporting person. Each manager has one vote, and the approval of two of the three managers is required to approve an action of the reporting person. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by two or more individuals, and a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Therefore, no individual manager of the reporting person exercises voting or dispositive control over any of the securities held by the reporting person, even those in which he directly holds a pecuniary interest. Accordingly, none of them are deemed to have or share beneficial ownership of the reported securities.
Documents
Issuer
Black Spade Acquisition Co
CIK 0001851908
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001855103
Filing Metadata
- Form type
- 3
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 6:56 AM ET
- Size
- 6.5 KB