Oceanhawk CFO granted stake in 75K founder shares
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Rhea-AI Filing Summary
Oceanhawk Acquisition Corp. (OHAC) reported that its CFO and President, Ryan Jon, was allocated membership interests in Oceanhawk Acquisition I Sponsor, LLC corresponding to an indirect interest in 75,000 Class B Ordinary Shares (founder shares) at a nominal price of $0.004 per share. These shares are held by the sponsor entity, and Ryan Jon has no right to control the sponsor or to vote or dispose of the securities it holds.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 75,000 | $0.004 | $300.00 |
Footnotes (2)
- F1. Represents Class B Ordinary Shares (founder shares) held indirectly through membership interests in Oceanhawk Acquisition I Sponsor, LLC. The reporting person received membership interests reflecting the number of founder shares indicated, at a nominal purchase price. The reporting person has no right to control Oceanhawk Acquisition I Sponsor, LLC or vote or dispose of any securities held by it.
- F2. Transaction coded "J" because the acquisition represents a grant of membership interests by Oceanhawk Acquisition I Sponsor, LLC to the reporting person, which does not correspond to any other available transaction code.
Key Figures
Key Terms
membership interests financial
indirectly financial
transaction coded "J" regulatory
FAQ
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What insider transaction did OHAC report for CFO Ryan Jon?
Why is the OHAC Form 4 transaction coded "J" for Ryan Jon?
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