4//SEC Filing
Weisburd David 4
Accession 0001213900-23-094501
CIK 0001848898other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 9:00 PM ET
Size
27.7 KB
Accession
0001213900-23-094501
Insider Transaction Report
Form 4
10X Capital SPAC Sponsor II LLC
Director10% Owner
Transactions
- Conversion
Common Stock
2023-12-06+3,218,261→ 4,673,261 total(indirect: See footnote) - Purchase
Common Stock
2021-08-13+455,000→ 455,000 total(indirect: See footnote) - Conversion
Class B Common Stock
2023-12-06−3,218,261→ 0 total(indirect: See footnote)→ Common Stock (3,218,261 underlying) - Other
Common Stock
2023-12-06+2,289,235→ 8,195,663 total(indirect: See footnote) - Other
Class B Common Stock
2023-12-06−1,114,067→ 3,218,261 total(indirect: See footnote)→ Common Stock (1,114,067 underlying) - Conversion
Common Stock
2023-05-15+1,000,000→ 1,455,000 total(indirect: See footnote) - Purchase
Warrants
2021-08-13+151,666→ 151,666 total(indirect: See footnote)Exercise: $11.50From: 2024-01-05Exp: 2028-12-06→ Common Stock (151,666 underlying) - Conversion
Class B Common Stock
2023-05-15−1,000,000→ 4,332,328 total(indirect: See footnote)→ Common Stock (1,000,000 underlying) - Other
Common Stock
2023-12-06+1,233,167→ 5,906,428 total(indirect: See footnote)
10X Capital Advisors, LLC
10% Owner
Transactions
- Conversion
Common Stock
2023-05-15+1,000,000→ 1,455,000 total(indirect: See footnote) - Purchase
Common Stock
2021-08-13+455,000→ 455,000 total(indirect: See footnote) - Purchase
Warrants
2021-08-13+151,666→ 151,666 total(indirect: See footnote)Exercise: $11.50From: 2024-01-05Exp: 2028-12-06→ Common Stock (151,666 underlying) - Conversion
Common Stock
2023-12-06+3,218,261→ 4,673,261 total(indirect: See footnote) - Other
Common Stock
2023-12-06+2,289,235→ 8,195,663 total(indirect: See footnote) - Other
Common Stock
2023-12-06+1,233,167→ 5,906,428 total(indirect: See footnote) - Other
Class B Common Stock
2023-12-06−1,114,067→ 3,218,261 total(indirect: See footnote)→ Common Stock (1,114,067 underlying) - Conversion
Class B Common Stock
2023-05-15−1,000,000→ 4,332,328 total(indirect: See footnote)→ Common Stock (1,000,000 underlying) - Conversion
Class B Common Stock
2023-12-06−3,218,261→ 0 total(indirect: See footnote)→ Common Stock (3,218,261 underlying)
Thomas Hans
Director10% Owner
Transactions
- Conversion
Common Stock
2023-12-06+3,218,261→ 4,673,261 total(indirect: See footnote) - Other
Common Stock
2023-12-06+2,289,235→ 8,195,663 total(indirect: See footnote) - Purchase
Warrants
2021-08-13+151,666→ 151,666 total(indirect: See footnote)Exercise: $11.50From: 2024-01-05Exp: 2028-12-06→ Common Stock (151,666 underlying) - Other
Class B Common Stock
2023-12-06−1,114,067→ 3,218,261 total(indirect: See footnote)→ Common Stock (1,114,067 underlying) - Conversion
Common Stock
2023-05-15+1,000,000→ 1,455,000 total(indirect: See footnote) - Conversion
Class B Common Stock
2023-05-15−1,000,000→ 4,332,328 total(indirect: See footnote)→ Common Stock (1,000,000 underlying) - Purchase
Common Stock
2021-08-13+455,000→ 455,000 total(indirect: See footnote) - Other
Common Stock
2023-12-06+1,233,167→ 5,906,428 total(indirect: See footnote) - Conversion
Class B Common Stock
2023-12-06−3,218,261→ 0 total(indirect: See footnote)→ Common Stock (3,218,261 underlying)
Weisburd David
DirectorCOO & Head of Origination
Transactions
- Conversion
Common Stock
2023-12-06+3,218,261→ 4,673,261 total(indirect: See footnote) - Other
Common Stock
2023-12-06+1,233,167→ 5,906,428 total(indirect: See footnote) - Other
Common Stock
2023-12-06+2,289,235→ 8,195,663 total(indirect: See footnote) - Purchase
Warrants
2021-08-13+151,666→ 151,666 total(indirect: See footnote)Exercise: $11.50From: 2024-01-05Exp: 2028-12-06→ Common Stock (151,666 underlying) - Other
Class B Common Stock
2023-12-06−1,114,067→ 3,218,261 total(indirect: See footnote)→ Common Stock (1,114,067 underlying) - Conversion
Class B Common Stock
2023-12-06−3,218,261→ 0 total(indirect: See footnote)→ Common Stock (3,218,261 underlying) - Conversion
Class B Common Stock
2023-05-15−1,000,000→ 4,332,328 total(indirect: See footnote)→ Common Stock (1,000,000 underlying) - Purchase
Common Stock
2021-08-13+455,000→ 455,000 total(indirect: See footnote) - Conversion
Common Stock
2023-05-15+1,000,000→ 1,455,000 total(indirect: See footnote)
Footnotes (7)
- [F1]Upon the consummation of the Issuer's (f/k/a 10X Capital Venture Acquisition Corp. II) initial public offering, 10X Capital SPAC Sponsor II LLC (the "Sponsor") purchased 455,000 private placement units, each of which consists of one Class A ordinary share of the Issuer and one-third of one redeemable warrant to purchase one Class A ordinary share, for a purchase price of $10.00 per unit. In connection with the completion of the Issuer's initial business combination (the "Business Combination") on December 6, 2023, each Class A ordinary share outstanding was automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.
- [F2]The Sponsor is the record holder of the securities reported herein. 10X Capital Advisors, LLC is the manager of the Sponsor (the "Manager"). Messrs. Thomas and Weisburd are the managing members of the Manager. As a result of these relationships, each of the foregoing entity and individuals may be deemed to share beneficial ownership of the securities held of record by the Sponsor.
- [F3]Upon the completion of the Business Combination, the Class B Common Stock (formerly, the Class B ordinary shares) held of record by the Sponsor were automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.
- [F4]Represents shares issued to the Sponsor by the Issuer pursuant to an obligation set forth in a promissory note.
- [F5]Represents shares issued to the Sponsor by the Issuer pursuant to an agreement to waive a certain merger covenant.
- [F6]Represents a transfer of shares from the Sponsor to certain investors in connection to obligations set forth in non-redemption agreements.
- [F7]Pursuant to non-redemption agreements, the Sponsor committed to transferring a total of 1,233,167 Class B ordindary shares to certain investors parties to such agreements. On December 6, 2023, the Sponsor transferred 1,114,067 Class B ordinary shares, with the remaining 119,100 shares to be transferred at a later date as determined by the parties.
Documents
Issuer
African Agriculture Holdings Inc.
CIK 0001848898
Entity typeother
Related Parties
1- filerCIK 0001828663
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 9:00 PM ET
- Size
- 27.7 KB