4//SEC Filing
Affinity Gaming Holdings, L.L.C. 4
Accession 0000899243-21-005555
CIK 0001806156other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 9:58 PM ET
Size
13.2 KB
Accession
0000899243-21-005555
Insider Transaction Report
Form 4
Zenni James Joseph JR
Director10% Owner
Transactions
- Other
Class A Common Stock
2021-02-05+777,500→ 777,500 total - Other
Warrants
2021-02-05+259,167→ 259,167 total→ Class A Common Stock (259,167 underlying) - Other
Class B Common Stock
2021-02-05−37,500→ 4,962,500 total→ Class A Common Stock (37,500 underlying)
Affinity Gaming Holdings, L.L.C.
10% OwnerOther
Transactions
- Other
Class A Common Stock
2021-02-05+777,500→ 777,500 total - Other
Warrants
2021-02-05+259,167→ 259,167 total→ Class A Common Stock (259,167 underlying) - Other
Class B Common Stock
2021-02-05−37,500→ 4,962,500 total→ Class A Common Stock (37,500 underlying)
Footnotes (5)
- [F1]The Reporting Person purchased 777,500 units of Gaming & Hospitality Acquisition Corp. (the "Issuer") for $10.00 per unit in a private placement which occurred simultaneously with the closing of the Issuer's initial public offering. Each unit consists of one share of the Issuer's Class A Common Stock and one-third of one redeemable warrant.
- [F2]Represents the interest directly held by Affinity Gaming Holdings, L.L.C. The managing member of Affinity Gaming Holdings, L.L.C. is Z Capital Group, L.L.C., a Delaware limited liability company that is indirectly owned by James J. Zenni, Jr. Mr. Zenni is the Chairman of the Issuer's Board of Directors and the Founder, President, Chief Executive Officer and member of the Management Committee of Z Capital Group, L.L.C.
- [F3]Each whole warrant entitles the holder thereof to purchase one share of Common Stock at an exercise price of $11.50 per share. The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination and 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities- Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-252182).
- [F4]Shares of Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the holder, on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-252182), and have no expiration date.
- [F5]Concurrent with the closing of the issuer's initial public offering, Affinity Gaming Holdings, L.L.C. surrendered an aggregate of 37,500 shares of Class B common stock of the Company.
Documents
Issuer
Gaming & Hospitality Acquisition Corp.
CIK 0001806156
Entity typeother
Related Parties
1- filerCIK 0001806508
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 9:58 PM ET
- Size
- 13.2 KB