BOA Acquisition Corp. II (THEOU) director reports 30,000 Class B shares convertible to Class A
Rhea-AI Filing Summary
BOA Acquisition Corp. II director Dean A. Friedman reported beneficial ownership of 30,000 Class B ordinary shares, held directly. These Class B shares have a par value of $0.0001 per share and are convertible into 30,000 Class A ordinary shares on a one-for-one basis.
According to the terms described, the Class B shares will automatically convert into Class A shares at the time of the company’s initial business combination, or earlier at the option of the holder, and have no expiration date. This filing is an initial ownership report and does not reflect any purchase or sale transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIEDMAN DEAN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares F1 | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 30,000 shares (Direct)
Footnotes (1)
- F1. As described in the issuer's registration statement on Form S-1 (File No. 333-290732) under the heading "Description of Securities," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments, and have no expiration date.
Key Figures
Class B shares held: 30,000 shares
Underlying Class A shares: 30,000 shares
Par value per share: $0.0001 per share
3 metrics
Class B shares held
30,000 shares
Class B ordinary shares directly owned by Dean A. Friedman
Underlying Class A shares
30,000 shares
Class A ordinary shares issuable upon one-for-one conversion of Class B shares
Par value per share
$0.0001 per share
Par value of both Class B and resulting Class A ordinary shares
Key Terms
Class B ordinary shares, Class A ordinary shares, initial business combination, par value, +1 more
5 terms
initial business combination financial
"will automatically convert into Class A ordinary shares ... at the time of the issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
par value financial
"Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
automatically convert financial
"the Class B ordinary shares ... will automatically convert into Class A ordinary shares"
FAQ
What did Dean A. Friedman report owning in BOA Acquisition Corp. II (THEOU)?
Dean A. Friedman reported direct beneficial ownership of 30,000 Class B ordinary shares of BOA Acquisition Corp. II, which are convertible into 30,000 Class A ordinary shares on a one-for-one basis.
Does this Form 3 for THEOU show any recent insider buying or selling?
No. This Form 3 is an initial statement of beneficial ownership and lists Dean A. Friedman’s 30,000 Class B ordinary shares. It does not report any purchase or sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.