4//SEC Filing
Global Technology Acquisition I Sponsor LP 4
Accession 0000950170-24-047008
CIK 0001848821other
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 4:51 PM ET
Size
11.3 KB
Accession
0000950170-24-047008
Insider Transaction Report
Form 4
Transactions
- Sale
Class B Ordinary Shares
2024-04-19−3,500,000→ 80,000 total→ Class A Ordinary Shares (3,500,000 underlying) - Other
Class B Ordinary Shares
2024-04-19+84,000→ 164,000 total→ Class A Ordinary Shares (84,000 underlying)
Footnotes (4)
- [F1]The Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis (i) at the Reporting Person's election and (ii) automatically at the time of the closing of the Issuer's initial business combination (the "Business Combination"), in each case subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
- [F2]Pursuant to a Securities Purchase Agreement (the "Agreement"), Global Technology Acquisition I Sponsor LP ("Sponsor") sold 3,500,000 Class B Ordinary Shares to HCG Opportunity II, LLC ("Purchaser") for (1) a payment of $250,000 and (2) 30% of the securities issued upon the conversion of promissory notes, each in connection with the Business Combination, pursuant to the terms of the Agreement.
- [F3]Sponsor is the record holder of the shares reported herein. The general partner of Sponsor is Global Technology Acquisition I Sponsor GP Ltd ("GP"), and GP has voting and investment discretion with respect to the ordinary shares held of record by Sponsor. GP is governed by a board of directors consisting of Arnau Porto, Fabrice Grinda, and Jeffrey Weinstein (the "Directors") and the approval of a majority of the Directors is required to approve any action. Each of the Directors disclaims beneficial ownership of the securities held of record by Sponsor.
- [F4]Pursaunt to certain Transfer Agreements enterted into by Sponsor with each of Gabriel Silva, Robert Perdue and Juan Villalonga (the "Transferors"), each of the Transferors assigned and transferred 28,000 Class B Ordinary Shares to Sponsor for no consideration.
Documents
Issuer
Global Technology Acquisition Corp. I
CIK 0001848821
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001876538
Filing Metadata
- Form type
- 4
- Filed
- Apr 22, 8:00 PM ET
- Accepted
- Apr 23, 4:51 PM ET
- Size
- 11.3 KB