4//SEC Filing
Trustworthy Group Ltd. 4
Accession 0000947871-23-000493
CIK 0001828016other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 6:10 AM ET
Size
13.9 KB
Accession
0000947871-23-000493
Insider Transaction Report
Form 4
Chau On
10% Owner
Transactions
- Sale
Common Stock
2023-04-26$7.93/sh−78,810,506$624,967,313→ 2,000,000 total(indirect: See footnotes)
Footnotes (5)
- [F1]8th Wonder Corporation ("8th Wonder"), which is 100% owned by Trustworthy Group Ltd, beneficially owned directly 1,500,000 of the total reported securities. By virtue of the above, Trustworthy Group Ltd beneficially owned 1,500,000 shares of common stock of the Issuer. Ms. On Chau is the sole shareholder of Trustworthy Group Ltd.
- [F2]Hotlink Investment Limited ("Hotlink"), which is 100% owned by Infinite Bandwidth Limited, beneficially owned directly 500,000 of the total reported securities. By virtue of the above, Infinite Bandwidth Limited beneficially owned 500,000 shares of common stock of the Issuer. On Chau is the sole shareholder of Infinite Bandwidth Limited.
- [F3]By virtue of the above, On Chau beneficially owned 2,000,000 shares of common stock of the Issuer.
- [F4]On April 26, 2023, 8th Wonder and Hotlink entered into a share purchase agreement ("SPA") with Fortune Bliss Ventures Limited ("Fortune"), pursuant to which Fortune has agreed to purchase (i) 39,405,253 Shares ("8th Wonder Shares") from 8th Wonder and (ii) 39,405,253 Shares ("Hotlink Shares," together with the 8th Wonder Shares, the "Sale Shares") from Hotlink at a total per Share price of $7.93 per Share (subject to adjustments for dividends received), subject to Fortune's due diligence investigation of the Issuer and the Sale Shares.
- [F5]The parties expect that consummation of the transaction contemplated by the SPA ("Closing") will occur on or prior to July 31, 2023, with Fortune having a right to extend the Closing until August 31, 2023.
Documents
Issuer
Playtika Holding Corp.
CIK 0001828016
Entity typeother
Related Parties
1- filerCIK 0001950882
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 6:10 AM ET
- Size
- 13.9 KB