3//SEC Filing
ARC Global Investments LLC 3
Accession 0001104659-21-000512
CIK 0001828735other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:32 PM ET
Size
7.2 KB
Accession
0001104659-21-000512
Insider Transaction Report
Form 3
ARC Global Investments LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (2,825,000 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-249814) (the "Registration Statement") under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock, par value $0.0001 per share, will automatically be converted into shares of Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F2]These shares represent the Class B common stock held by ARC Global Investments LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the registrant. The Class B common stock owned by the Sponsor includes up to 375,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise in full their over-allotment option as described in the Registration Statement.
- [F3]The Sponsor is the record holder of the shares reported herein. Mr. Orlando is the managing member of the Sponsor and may be deemed the beneficial owner of the shares held by the Sponsor. Mr. Orlando disclaims beneficial ownership over any securities in which he does not have a pecuniary interest.
Documents
Issuer
Benessere Capital Acquisition Corp.
CIK 0001828735
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001837295
Filing Metadata
- Form type
- 3
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:32 PM ET
- Size
- 7.2 KB