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Tsang Claudius's Form 4 filing

ASPAC III Acquisition Corp. (ASPC) · filed Nov 21, 2024

Accession no.
0001213900-24-101029
Filed
Nov 21, 2024
Trade date
Nov 19, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 1 non-derivative transaction and 2 derivative transactions. It was filed 2 days after the trade.

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
Tsang ClaudiusCIK 0001845870Director, Officer (CEO and CFO), 10% 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
Nov 19, 2024Class A Ordinary Share, no par valuePPurchaseAcquired+5,000–F1–285,000Indirect

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
Nov 19, 2024Class A Ordinary Share, no par valuePPurchaseAcquired+500–F2–285,000Indirect
Nov 19, 2024Class A Ordinary Share, no par valueJOtherDisposed−81,250–F3–1,500,000Indirect

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

Reflects the 5,000 private units obtained by A SPAC III (Holdings) Corp., the Issuer's sponsor. The private units consist of Class A ordinary shares and rights. The private units were purchased at $10 per unit for an aggregate purchase price of $50,000. Mr. Claudius Tsang is the director of A SPAC III (Holdings) Corp. Mr. Tsang has voting and dispositive power over the shares held of record by A SPAC III (Holdings) Corp.

Referenced by the price of 1 transaction in Table I.

F2

The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.

Referenced by the price of 1 transaction in Table II.

F3

On November 19, 2024, A SPAC III (Holdings) Corp. forfeited for no consideration an aggregate of 81,250 shares of Class B ordinary shares, which were subsequently cancelled by A SPAC III Acquisition Corp. The Issuer's Class B ordinary shares are convertible into the Issuer's Class A ordinary shares on a one-for-one basis at A SPAC III (Holdings) Corp.'s election and has no expiration date.

Referenced by the price of 1 transaction in Table II.

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