CIEP Sponsor Ltd. 3
3 · Regalwood Global Energy Ltd. · Filed Nov 30, 2017
Insider Transaction Report
Form 3
CIEP Sponsor Ltd.
10% Owner
Holdings
Class B ordinary shares
→ Class A Ordinary Shares (8,625,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-220771) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares 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 adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]These shares represent Class B ordinary shares held by the reporting person, acquired pursuant to a subscription agreement by and between the reporting person and the issuer. The Class B ordinary shares owned by the reporting person includes up to 1,125,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.