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Weisburd David's Form 4 filing

African Agriculture Holdings Inc. (AAGR) · filed Dec 8, 2023

Accession no.
0001213900-23-094501
Filed
Dec 8, 2023, 9:00 PM ET
Trade date
Aug 13, 2021-Dec 6, 2023
Filing delay
847 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 5 non-derivative transactions and 4 derivative transactions. It was filed 847 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Weisburd DavidCIK 000182866310% Owner
Thomas HansCIK 000182870710% Owner
10X Capital SPAC Sponsor II LLCCIK 000186143310% Owner
10X Capital Advisors, LLCCIK 000191626310% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 13, 2021Common StockPPurchaseAcquired+455,000–F1–455,000Indirect
May 15, 2023Common StockCConversionAcquired+1,000,000$0.00$01,455,000Indirect
Dec 6, 2023Common StockCConversionAcquired+3,218,261–F3–4,673,261Indirect
Dec 6, 2023Common StockJOtherAcquired+1,233,167–F4–5,906,428Indirect
Dec 6, 2023Common StockJOtherAcquired+2,289,235–F5–8,195,663Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 13, 2021Common StockPPurchaseAcquired+151,666–F1–151,666Indirect
May 15, 2023Common StockCConversionDisposed−1,000,000$0.00$04,332,328Indirect
Dec 6, 2023Common StockJOtherDisposed−1,114,067–F6–3,218,261Indirect
Dec 6, 2023Common StockCConversionDisposed−3,218,261–F3–0Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Upon the consummation of the Issuer's (f/k/a 10X Capital Venture Acquisition Corp. II) initial public offering, 10X Capital SPAC Sponsor II LLC (the "Sponsor") purchased 455,000 private placement units, each of which consists of one Class A ordinary share of the Issuer and one-third of one redeemable warrant to purchase one Class A ordinary share, for a purchase price of $10.00 per unit. In connection with the completion of the Issuer's initial business combination (the "Business Combination") on December 6, 2023, each Class A ordinary share outstanding was automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F3

Upon the completion of the Business Combination, the Class B Common Stock (formerly, the Class B ordinary shares) held of record by the Sponsor were automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F4

Represents shares issued to the Sponsor by the Issuer pursuant to an obligation set forth in a promissory note.

Referenced by the price of 1 transaction in Table I.

F5

Represents shares issued to the Sponsor by the Issuer pursuant to an agreement to waive a certain merger covenant.

Referenced by the price of 1 transaction in Table I.

F6

Represents a transfer of shares from the Sponsor to certain investors in connection to obligations set forth in non-redemption agreements.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)