3//SEC Filing
Cohen & Company, LLC 3
Accession 0001213900-20-043312
CIK 0001829889other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 8:04 PM ET
Size
9.8 KB
Accession
0001213900-20-043312
Insider Transaction Report
Form 3
Cohen & Company, LLC
10% Owner
Holdings
- 575,000(indirect: By LLC)
Class A common stock
- (indirect: By LLC)
Class B common stock
→ Class A common stock (5,888,333 underlying) - (indirect: By LLC)
Warrants
Exercise: $11.50→ Class A common stock (191,666 underlying) - (indirect: By LLC)
Class B common stock
→ Class A common stock (2,660,000 underlying)
Footnotes (7)
- [F1]These shares are held directly by Insurance Acquisition Sponsor III, LLC and underlie 575,000 units of the issuer that this entity irrevocably committed to purchase.
- [F2]These shares are held directly by one of the issuer's sponsors, Insurance Acquisition Sponsor III, LLC or Dioptra Advisors III, LLC, each of which is managed by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.
- [F3]The Class B shares will automatically convert into Class A shares at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the issuer's charter documents and have no expiration date.
- [F4]The shares of Class B common stock include up to 1,090,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option.
- [F5]The warrants will become exercisable at the later of 30 days after the consummation of the issuer's initial business combination or 12 months from the completion of the issuer's initial public offering.
- [F6]The warrants will expire five years after the consummation of the issuer's initial business combination or earlier upon redemption of all of the issuer's outstanding Class A shares or the issuer's liquidation.
- [F7]These warrants are held directly by Insurance Acquisition Sponsor III, LLC and underlie 575,000 units of the issuer that this entity irrevocably committed to purchase.
Documents
Issuer
INSU ACQUISITION CORP III
CIK 0001829889
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001510279
Filing Metadata
- Form type
- 3
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 8:04 PM ET
- Size
- 9.8 KB