Casper Holding LP forfeits 99K Peace shares
Peace Acquisition Corp. major shareholder Casper Holding LP reported a disposition of ordinary shares back to the company.
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Rhea-AI Filing Summary
Peace Acquisition Corp. major shareholder Casper Holding LP reported a disposition of ordinary shares back to the company. On this Form 4, Casper forfeited 99,000 ordinary shares at a stated price of $0.0000 per share, reducing its direct holdings to 660,000 shares after the transaction.
According to the footnote, the forfeiture occurred because the underwriters of Peace Acquisition Corp.’s initial public offering terminated their over-allotment option without exercising any portion of it. This makes the event a technical adjustment related to the IPO structure rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Ordinary Shares | 99,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares forfeited by the reporting person as a result of the underwriters of the Issuer's initial public offering (the "IPO") terminating the over-allotment option of the IPO without exercising any portion thereof.
Key Figures
Key Terms
Disposition to issuer financial
over-allotment option financial
initial public offering financial
FAQ
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What insider transaction did Casper Holding LP report for Peace Acquisition Corp. (PECE)?
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