Avalanche Treasury director lists 4M indirect shares
Avalanche Treasury Corp (AVAT) filed an amended Form 3 indicating that director Robert M. Hadick reports indirect ownership of 4,000,000 shares of Class A Common Stock held by Astral Horizon, L.P.
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Rhea-AI Filing Summary
Avalanche Treasury Corp (AVAT) filed an amended Form 3 indicating that director Robert M. Hadick reports indirect ownership of 4,000,000 shares of Class A Common Stock held by Astral Horizon, L.P. The amendment adds 2,000,000 post-closing shares issued to Astral Horizon, L.P. under a Business Combination Agreement. Mr. Hadick disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1 | -- | -- | -- |
Footnotes (1)
- F1. Astral Horizon, L.P. ("Astral Horizon Fund") is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral Horizon Fund, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral Horizon Fund, except to the extent of his pecuniary interest therein, if any.
Key Figures
Key Terms
Business Combination Agreement regulatory
pecuniary interest financial
general partner financial
portfolio securities financial
FAQ
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What does the amended Form 3 for AVAT report about Robert M. Hadick's holdings?
Why was this Form 3/A amendment filed for AVAT?
Is there a buy or sell transaction reported in this AVAT Form 3/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.