4//SEC Filing
Future Health ESG Associates 1, LLC 4
Accession 0001104659-24-048025
CIK 0001851182other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 6:08 AM ET
Size
7.0 KB
Accession
0001104659-24-048025
Insider Transaction Report
Form 4
Future Health ESG Associates 1, LLC
10% Owner
Transactions
- Sale
Common stock, par value $0.0001 per share
2024-03-26−1,703,486→ 921,514 total
Footnotes (3)
- [F1]On March 26, 2024, pursuant to that certain Purchase and Sponsor Handover Agreement entered into on February 23, 2024 (as amended to date, the "Purchase and Sponsor Handover Agreement") by and among Future Health ESG Corp. (the "Issuer"), Future Health ESG Associates 1, LLC (the "Sponsor") and Blufire Capital Limited (the "New Sponsor"), the Sponsor transferred 1,698,486 shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") to the New Sponsor in connection with the transactions contemplated by the Purchase and Sponsor Handover Agreement (together, the "Sponsor Handover"), pursuant to which
- [F2](i) the Sponsor and certain insiders and anchor investors of the Issuer transferred and assigned 3,020,202 shares of Common Stock and 3,875,000 warrants to purchase shares of Common Stock in exchange for the New Sponsor assuming certain liabilities in an aggregate amount of approximately $500,000 of the Issuer and the Sponsor, including all ongoing expenses associated with and expected for the consummation of an initial business combination, costs and expenses incurred by the Issuer in the ordinary course of business or in connection with the transactions contemplated by the Purchase and Sponsor Handover Agreement, and $250,000 in cash payable upon the execution of a letter of intent to enter into a business combination by the Issuer with a potential target, and
- [F3](ii) the New Sponsor became the sponsor of the Issuer, as more fully described in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 27, 2024. In connection with the Sponsor Handover, the Sponsor also transferred 5,000 founder shares to an advisory and strategic communications firm as payment for certain investor relations and advisory services.
Documents
Issuer
Future Health ESG Corp.
CIK 0001851182
Entity typeother
IncorporatedIN
Related Parties
1- filerCIK 0001854105
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 6:08 AM ET
- Size
- 7.0 KB