GCGR director reports 20,000 Class B shares
General Catalyst Global Resilience Merger Corp. director Norman Thomas Linebarger filed an initial ownership report showing 20,000 Class B ordinary shares held directly.
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Rhea-AI Filing Summary
General Catalyst Global Resilience Merger Corp. director Norman Thomas Linebarger filed an initial ownership report showing 20,000 Class B ordinary shares held directly. These Class B shares are convertible into Class A ordinary shares on a one-for-one basis, subject to the company’s initial business combination and a ten-year formulaic conversion schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Footnotes (1)
- F1. The reported Class B ordinary shares are convertible at the option of the holder on a one-for-one basis until the issuer's initial business combination, after which, such Class B ordinary shares will automatically convert into Class A ordinary shares, over a ten year period following the issuer's initial business combination based on a formulaic conversion schedule and rates.
Key Figures
Key Terms
initial business combination financial
formulaic conversion schedule financial
FAQ
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What does the Form 3 for GCGRU disclose about Norman Thomas Linebarger?
Does the GCGRU Form 3 show any recent insider buying or selling?
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