Meridian3 sponsor reports 4.83M Class B MIAC shares
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Rhea-AI Filing Summary
Meridian3 Partners Sponsor LLC filed an initial ownership report showing it holds 4,831,250 Class B ordinary shares of Meridian3 Industrials Acquisition Corp. These Class B shares will automatically convert into Class A ordinary shares at the time of the company’s initial business combination, or earlier at the holder’s option, on a one-for-one basis, subject to adjustment described in the company’s registration statement.
The footnote explains that this balance reflects 5,031,250 founder shares initially acquired by the reporting person, reduced by 200,000 founder shares transferred before the Form 3 reporting date. The Class B ordinary shares have no expiration date.
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. The number of shares reflects 5,031,250 founder shares initially acquired by the Reporting Person, less 200,000 founder shares transferred prior to the Form 3 event date.
Key Figures
Key Terms
initial business combination financial
registration statement regulatory
FAQ
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What does Meridian3 Partners Sponsor LLC report in the MIACU Form 3 filing?
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