Oceanhawk CEO granted stake in 100K founder shares
Oceanhawk Acquisition Corp. (OHAC) reported that its Chief Executive Officer, Ernest Miller, was granted indirect interests in 100,000 Class B Ordinary Shares (founder shares).
Rhea-AI Filing Summary
Oceanhawk Acquisition Corp. (OHAC) reported that its Chief Executive Officer, Ernest Miller, was granted indirect interests in 100,000 Class B Ordinary Shares (founder shares). These shares are held by Oceanhawk Acquisition I Sponsor, LLC, and Miller received membership interests in the sponsor at a nominal purchase price of $0.004 per share. The sponsor, not Miller, holds and controls the securities, and Miller has no right to control the sponsor or vote or dispose of the shares it holds.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class B Ordinary Shares F1, F2 | 100,000 | $0.004 | $400.00 |
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
FAQ
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What insider transaction was reported at Oceanhawk Acquisition Corp. (OHAC)?
What does transaction code "J" mean in the OHAC Form 4 for Ernest Miller?
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