4//SEC Filing
Enphys Acquisition Sponsor LLC 4
Accession 0001140361-23-048567
CIK 0001850502other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 6:09 PM ET
Size
7.4 KB
Accession
0001140361-23-048567
Insider Transaction Report
Form 4
Enphys Acquisition Sponsor LLC
10% Owner
Transactions
- Conversion
Class A Ordinary Shares
2023-10-17+4,994,800→ 4,994,800 total - Conversion
Class B Ordinary Shares
2023-10-17−4,994,800→ 1,500,000 total→ Class A Ordinary Shares (4,994,800 underlying)
Footnotes (2)
- [F1]In accordance with the Amended and Restated Memorandum and Articles of Association of Enphys Acquisition Corp. ("NFYS"), Enphys Acquisition Sponsor LLC (the "Sponsor") elected to convert 4,994,800 of its Class B ordinary shares of NFYS, par value $0.0001 per share (the "Class B Ordinary Shares"), into Class A ordinary shares of NFYS, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration.
- [F2]The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at the Sponsor's election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of NFYS's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.
Documents
Issuer
Enphys Acquisition Corp.
CIK 0001850502
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001855013
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 6:09 PM ET
- Size
- 7.4 KB