Bain Capital GSS director reports 30,000 Class B shares
Bain Capital GSS Investment Corp. director Ruchit Shah filed an initial ownership report showing beneficial ownership of derivative securities tied to Class A ordinary shares.
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Rhea-AI Filing Summary
Bain Capital GSS Investment Corp. director Ruchit Shah filed an initial ownership report showing beneficial ownership of derivative securities tied to Class A ordinary shares. He purchased 30,000 Class B ordinary shares for aggregate consideration of $65.22.
These Class B shares have no expiration date and will automatically convert into Class A ordinary shares on a one-for-one basis at the time of the company’s initial business combination, subject to anti-dilution adjustments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares, par value $0.0001 per share | -- | -- | -- |
Footnotes (1)
- F1. Pursuant to the Issuer's amended and restated memorandum and articles of association, the Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis subject to adjustment pursuant to certain anti-dilution rights. The reporting person purchased 30,000 Class B ordinary shares for the aggregate consideration of $65.22.
FAQ
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What does the Form 3 filing for Bain Capital GSS (BCSS) disclose?
Does the Form 3 for Bain Capital GSS (BCSS) involve an options or warrant grant?
What is the role of Ruchit Shah at Bain Capital GSS (BCSS)?
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