Ace Global Investment Ltd 4
4 · Ace Global Business Acquisition Ltd · Filed Apr 12, 2021
Insider Transaction Report
Form 4
Ace Global Investment Ltd
10% Owner
Transactions
- Purchase
Ordinary Shares
2021-04-09+304,000→ 1,369,000 total(indirect: See Footnote) - Purchase
Warrants to purchase Ordinary Share
2021-04-09+304,000→ 304,000 total(indirect: See Footnote)Exercise: $11.50→ Ordinary Shares (304,000 underlying)
Footnotes (4)
- [F1]The securities reported herein are held as units ("Units"), with each Unit consisting of one ordinary share, par value $0.001 per share ("Ordinary Share"), of the Company and one warrant to purchase one Ordinary Share at an exercise price of $11.50 per share (the "Warrants"). The Units are purchased for a total price of $3,040,000 with each Unit for $10.00.
- [F2]Joyce Yuen Wah Chan has voting and dipositive power over the shares owned by Ace Global Investment Limited.
- [F3]The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
- [F4]The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.