4//SEC Filing
Milgram Andrew 4
Accession 0000899243-21-039630
CIK 0001838513other
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 7:21 PM ET
Size
12.3 KB
Accession
0000899243-21-039630
Insider Transaction Report
Form 4
Arrouet Paul
DirectorPresident
Transactions
- Purchase
Class A Common Stock
2021-10-05$10.00/sh+610,000$6,100,000→ 610,000 total - Other
Class B Common Stock
2021-10-05$0.00/sh−2,473,864$4,948→ 9,336,969 total→ Class A Common Stock (2,473,864 underlying)
Marblegate Acquisition LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2021-10-05$10.00/sh+610,000$6,100,000→ 610,000 total - Other
Class B Common Stock
2021-10-05$0.00/sh−2,473,864$4,948→ 9,336,969 total→ Class A Common Stock (2,473,864 underlying)
Milgram Andrew
DirectorChief Executive Officer
Transactions
- Purchase
Class A Common Stock
2021-10-05$10.00/sh+610,000$6,100,000→ 610,000 total - Other
Class B Common Stock
2021-10-05$0.00/sh−2,473,864$4,948→ 9,336,969 total→ Class A Common Stock (2,473,864 underlying)
Footnotes (4)
- [F1]Consists of 610,000 placement units purchased by Marblegate Acquisition LLC (the "Sponsor") for $10.00 per unit in a private placement transaction with the registrant. Each such unit consists of one share of Class A common stock and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment.
- [F2]The Sponsor is the record holder of the securities reported herein. Marblegate Asset Management, LLC ("MAM") is the managing member of the Sponsor and each of Andrew Milgram and Paul Arrouet are managing partners of MAM. Messrs. Milgram and Arrouet may be deemed to have shared beneficial ownership of the shares held by the Sponsor by virtue of their control over the Sponsor, as managing partners of the Sponsor's managing member. Messrs. Milgram and Arrouet each disclaims beneficial ownership of the common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares.
- [F3]As described in the registrant's registration statement on Form S-1 (File No. 333-259422) under the heading "Description of Securities-Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F4]In connection with the closing of the registrant's initial public offering, the Sponsor transferred these shares to various anchor investors pursuant to investment agreements by and among the registrant, the Sponsor and each anchor investor as described in the registrant's registration statement on Form S-1 (File No. 333-259422) under the heading "Summary - The Offering - Expressions of Interest."
Documents
Issuer
Marblegate Acquisition Corp.
CIK 0001838513
Entity typeother
Related Parties
1- filerCIK 0001492331
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 7:21 PM ET
- Size
- 12.3 KB