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4//SEC Filing

H.I.G. Acquisition Advisors, LLC 4

Accession 0000899243-20-033024

CIK 0001823776other

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 5:41 PM ET

Size

6.8 KB

Accession

0000899243-20-033024

Insider Transaction Report

Form 4
Period: 2020-12-04
Transactions
  • Other

    Class B ordinary shares

    2020-12-04245,1258,958,625 total
    Class A ordinary shares (245,125 underlying)
Footnotes (3)
  • [F1]This Form 4 reflects the automatic surrender to the issuer of 245,125 shares of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the expiration of the option of the underwriter of the issuer's initial public offering to purchase additional units.
  • [F2]As described in the issuer's registration statement on Form S-1 (File No. 333- 249097) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares 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 adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
  • [F3]Brian Schwartz and Rob Wolfson control the reporting person, and as such have voting and investment discretion with respect to the securities held by the the reporting person and each may be deemed to have beneficial ownership of the securities held directly by the reporting person.

Issuer

H.I.G. Acquisition Corp.

CIK 0001823776

Entity typeother
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001823773

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 5:41 PM ET
Size
6.8 KB