Hall Chadwick Acquisition Corp (HCACU) insider details 7,798,293-share stake
Rhea-AI Filing Summary
Hall Chadwick Acquisition Corp director, chief executive officer and 10% owner Alejandro Lopez Bono disclosed his beneficial holdings in the company. He indirectly reports 380,000 Class A ordinary shares through placement units that Hall Chadwick Capital LLC has irrevocably committed to purchase, with each unit including one Class A share and a right to receive one-tenth of a Class A share.
He also reports indirect beneficial ownership of Class B ordinary shares held by the sponsor that are convertible into 7,798,293 Class A ordinary shares, additional Class B shares held directly that convert into 25,000 Class A ordinary shares, and rights held indirectly that are tied to 38,000 Class A ordinary shares. Hall Chadwick Capital LLC, the issuer’s sponsor, is jointly managed by Lopez Bono, who disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
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FAQ
What insider roles does Alejandro Lopez Bono hold at Hall Chadwick Acquisition Corp (HCACU)?
Alejandro Lopez Bono is reported as a director, chief executive officer, and 10% owner of Hall Chadwick Acquisition Corp.
How many Class A ordinary shares are indirectly tied to placement units reported by Alejandro Lopez Bono for HCACU?
He indirectly reports 380,000 Class A ordinary shares underlying 380,000 placement units that Hall Chadwick Capital LLC has irrevocably committed to purchase. Each placement unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share.
How many Class A ordinary shares underlie the sponsor’s Class B ordinary shares reported for Hall Chadwick Acquisition Corp (HCACU)?
Class B ordinary shares held by the sponsor, Hall Chadwick Capital LLC, are reported as convertible into 7,798,293 Class A ordinary shares, according to the beneficial ownership disclosure.
What additional derivative interests tied to Class A shares does Alejandro Lopez Bono report for HCACU?
He reports Class B shares held directly that convert into 25,000 Class A ordinary shares and rights held indirectly through Hall Chadwick Capital LLC that are tied to 38,000 Class A ordinary shares.
Does Alejandro Lopez Bono fully claim beneficial ownership of the sponsor-held securities of Hall Chadwick Acquisition Corp?
No. The securities held by Hall Chadwick Capital LLC are reported as held by the issuer’s sponsor, which is jointly managed by him, and he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.
What is Hall Chadwick Capital LLC’s role in relation to Hall Chadwick Acquisition Corp (HCACU)?
Hall Chadwick Capital LLC is identified as the issuer’s sponsor. It holds the placement units and Class B ordinary shares through which a large portion of the reported indirect beneficial ownership in Hall Chadwick Acquisition Corp is held.