Meridian3 CEO reports 25K Class B share stake
Meridian3 Industrials Acquisition Corp director and CEO Mistry Faramaraz Jeremey reports initial holdings of 25,000 Class B ordinary shares.
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Rhea-AI Filing Summary
Meridian3 Industrials Acquisition Corp director and CEO Mistry Faramaraz Jeremey reports initial holdings of 25,000 Class B ordinary shares. These Class B shares are directly owned and are convertible into 25,000 Class A ordinary shares on a one-for-one basis at the company’s initial business combination or earlier at the holder’s option. The Class B shares have no expiration date and carry a stated conversion price of $0.0000 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. The Class B ordinary shares reported herein will automatically convert into Class A ordinary shares at the time of the Meridian3 Industrials Acquisition Corp's ("Issuer") initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as described in the Issuer's registration statement. The Class B ordinary shares have no expiration date.
Key Figures
Key Terms
initial business combination financial
registration statement financial
FAQ
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What did Meridian3 (MIACU) insider Mistry Faramaraz Jeremey report on this Form 3?
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