Meshflow (MESHU) strategy chief reports 300,000 Class B shares on Form 3
Rhea-AI Filing Summary
Meshflow Acquisition Corp. Chief Strategy Officer reports initial holdings. Alexander R. Dymala-Dolesky filed a Form 3 showing beneficial ownership of derivative securities tied to the company’s stock. He holds Class B ordinary shares that are convertible into the issuer’s Class A ordinary shares as described in Meshflow’s Form S-1 registration statement, and these Class B shares have no expiration date.
The filing indicates that 300,000 Class B ordinary shares are beneficially owned directly, providing potential future conversion into Class A shares. Up to 40,725 of these Class B shares are subject to forfeiture back to the company depending on whether underwriters exercise their over-allotment option in connection with Meshflow’s initial public offering of units.
Positive
- None.
Negative
- None.
FAQ
Who filed the Form 3 for Meshflow Acquisition Corp (MESHU)?
The Form 3 was filed by Alexander R. Dymala-Dolesky, who serves as Meshflow Acquisition Corp’s Chief Strategy Officer.
What securities does the Meshflow (MESHU) Chief Strategy Officer report owning?
He reports beneficial ownership of Class B ordinary shares, which are convertible into Class A ordinary shares of Meshflow Acquisition Corp.
How many Meshflow (MESHU) Class B ordinary shares are reported on the Form 3?
The Form 3 indicates beneficial ownership of 300,000 Class B ordinary shares, held directly by the reporting person.
Do the Meshflow (MESHU) Class B ordinary shares reported have an expiration date?
The filing states that the Class B ordinary shares have no expiration date, as described in Meshflow’s Form S-1 registration statement.
Are any of the reported Meshflow (MESHU) Class B shares subject to forfeiture?
Yes. The filing notes that the beneficially owned Class B shares include up to 40,725 shares that are subject to forfeiture to Meshflow depending on how much of the underwriters’ over-allotment option is exercised in the initial public offering.
How are the Meshflow (MESHU) Class B shares linked to the IPO?
The forfeiture condition for up to 40,725 Class B shares depends on the extent to which underwriters exercise their over-allotment option in Meshflow’s initial public offering of units, as described in the Form S-1.