3//SEC Filing
ShoulderUP Technology Sponsor, LLC 3
Accession 0001213900-21-061708
CIK 0001885461other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 9:12 PM ET
Size
6.1 KB
Accession
0001213900-21-061708
Insider Transaction Report
Form 3
ShoulderUP Technology Sponsor, LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (9,833,333 underlying)
Footnotes (3)
- [F1]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination as described under the heading "Description of Securities - Founder Shares and Private Placement Shares" in the issuer's registration statement on Form S-1, as amended (File No. 333-260503) (the "Registration Statement"), on a one-for-one basis, subject to adjustment for stock splits, stock capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights. The shares of Class B common stock have no expiration date.
- [F2]The Class B common stock owned by the ShoulderUp Technology Sponsor LLC (the "Sponsor") includes up to 1,250,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the Registration Statement.
- [F3]The Sponsor is the record holder of the shares reported herein. Phyllis Newhouse is the managing member of the Sponsor and may be deemed to have or share the beneficial ownership of the securities held by the Sponsor. Ms. Newhouse is also a director of and the Chief Executive Officer of the issuer. Ms. Newhouse disclaims beneficial ownership over any securities except to the extent of her pecuniary interest therein.
Documents
Issuer
ShoulderUP Technology Acquisition Corp.
CIK 0001885461
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001884949
Filing Metadata
- Form type
- 3
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 9:12 PM ET
- Size
- 6.1 KB