3//SEC Filing
Independence Sponsor LLC 3
Accession 0000899243-21-010548
CIK 0001837393other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:46 PM ET
Size
6.1 KB
Accession
0000899243-21-010548
Insider Transaction Report
Form 3
Independence Sponsor LLC
10% Owner
Holdings
Class B Ordinary Shares
→ Class A Ordinary Shares (12,431,250 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253095) (the "Registration Statement") under the heading "Description of Securities - Founder Shares", Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
- [F2]The Class B ordinary shares held directly by Independence Sponsor LLC (the "Sponsor") were acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B ordinary shares owned by the Sponsor include up to 1,631,250 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option, as described in the Registration Statement.
- [F3]Steven J. McLaughlin, the Co-Chairman of the issuer, and Eugene Yoon, the Co-Chairman of the issuer, are Co-Managing Members of the Sponsor. As such, each of Messrs. McLaughlin and Yoon may be deemed to have indirect beneficial ownership of Class B ordinary shares held directly by the sponsor. Messrs. McLaughlin and Yoon disclaim any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein.
Documents
Issuer
Independence Holdings Corp.
CIK 0001837393
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001837381
Filing Metadata
- Form type
- 3
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 9:46 PM ET
- Size
- 6.1 KB