4//SEC Filing
Greystoke Alexander 4
Accession 0001104659-23-057786
CIK 0001915328other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 4:55 PM ET
Size
8.0 KB
Accession
0001104659-23-057786
Insider Transaction Report
Form 4
Greystoke Alexander
10% Owner
Transactions
- Sale
Class B ordinary shares, par value $0.0001
2023-05-07−95,900→ 4,696,167 total(indirect: See Footnote)→ Class A ordinary shares, par value $0.0001 (95,500 underlying)
Footnotes (4)
- [F1]The Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), of Israel Acquisitions Corp (the "Issuer") are convertible into Class A ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares") of the Issuer upon either the consummation of the Issuer's initial business combination or earlier, at the option of the holder. The Class B Ordinary Shares have no expiration date.
- [F2]Pursuant to that certain securities assignment agreement (the "Securities Assignment Agreement"), effective as of May 7, 2023, by and between the Issuer's sponsor, Israel Acquisitions Sponsor LLC (the "Sponsor"), and Mr. Aaron Greenberg, the Sponsor agreed to assign and sell 95,500 shares of Class B Ordinary Shares to Mr. Aaron Greenberg for $9.55 (the "Purchased Shares").
- [F3]As part of the Securities Assignment Agreement, Mr. Greenberg agreed (i) that the Purchased Shares are subject to the restrictions (including the lock-up restrictions) and obligations as set forth in that certain Securities Subscription Agreement dated January 22, 2022, by and between the Sponsor and the Issuer; (ii) to be a party to that certain letter agreement, dated January 12, 2023, by and between the Issuer and Mr. Greenberg and filed as Exhibit 10.1 to the Issuer's Form 8-K, filed on January 19, 2023; and (iii) that Mr. Greenberg will assign the Purchased Shares to the Sponsor as of the earlier of (a) the date of the Issuer's initial business combination if, as of such date, Mr. Greenberg has not been principally engaged as an advisor to the Issuer during the 30 days prior to such date or (b) the liquidation of the Issuer, if such liquidation occurs.
- [F4]These Class B Ordinary Shares are held directly by the Sponsor. The managers of the Sponsor are the Reporting Person and Mr. Charles Ecalle. The Reporting Person and Mr. Ecalle have voting and dispositive power over the securities held by the Sponsor and each disclaim beneficial ownership over any securities owned by the Sponsor in which the Reporting Person and Mr. Ecalle, respectively, do not have a pecuniary interest.
Documents
Issuer
Israel Acquisitions Corp
CIK 0001915328
Entity typeother
Related Parties
1- filerCIK 0001853086
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 4:55 PM ET
- Size
- 8.0 KB