Stone Bay LLC discloses 4.04M Class B MYX shares
Stone Bay LLC filed an initial ownership report for Maywood Acquisition Corp. 2, disclosing direct holdings of 4,040,541 Class B ordinary shares.
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Rhea-AI Filing Summary
Stone Bay LLC filed an initial ownership report for Maywood Acquisition Corp. 2, disclosing direct holdings of 4,040,541 Class B ordinary shares. These Class B shares are convertible into Class A ordinary shares on a one-for-one basis, with no expiration date and a stated conversion price of $0.0000 per share.
The footnotes state that up to 527,027 of these Class B shares may be surrendered to the company for no consideration after the closing of the company’s initial public offering, depending on how much of the underwriters’ over-allotment option is exercised.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. The Class B ordinary shares of the Issuer are convertible into the Issuer's Class A ordinary shares concurrently with or immediately following the consummation of an initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.
- F2. Includes up to 527,027 shares which will be surrendered to the Issuer for no consideration after the closing of the Issuer's initial public offering depending on the extent to which the underwriters??? over-allotment option is exercised.
Key Figures
Key Terms
initial business combination financial
initial public offering financial
over-allotment option financial
FAQ
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What does Stone Bay LLC report owning in Maywood Acquisition Corp. 2 (MYXXU)?
Does the Form 3 for Maywood Acquisition Corp. 2 (MYXXU) show any insider buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.