3//SEC Filing
Dynamics Sponsor LLC 3
Accession 0000899243-21-020619
CIK 0001854270other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 8:16 PM ET
Size
6.3 KB
Accession
0000899243-21-020619
Insider Transaction Report
Form 3
Dynamics Sponsor LLC
10% Owner
Holdings
Class B common stock
Exercise: $0.00→ Class A common stock (5,750,000 underlying)- 715,500
Class A common stock
Footnotes (4)
- [F1]Up to 60,000 of these shares of Class A common stock will be forfeited in the event the underwriters for the Issuer's initial public offering do not exercise in full their overallotment option in connection with that offering, all as described in the Issuer's prospectus on Form S-1 filed on May 7, 2021 (the "Prospectus").
- [F2]These shares of Class B common stock will automatically convert on a one-for-one basis (subject to adjustment) into Class A common stock for no additional consideration at the time of the initial business combination by the Issuer, subject to the adjustments described in the Prospectus. The shares of Class B Common Stock have no expiration date.
- [F3]Up to 750,000 of these shares of Class B common stock will be forfeited in the event the underwriters for the Issuer's initial public offering do not exercise in full their overallotment option in connection with that offering, all as described in the Prospectus.
- [F4]Dynamics Sponsor LLC, a Delaware limited liability company, (the "Sponsor") is the record holder of these shares. The Sponsor is governed by a board of managers consisting of Omid Farokhzad and Mostafa Ronaghi who hold an economic interest therein.
Documents
Issuer
Dynamics Special Purpose Corp.
CIK 0001854270
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001863972
Filing Metadata
- Form type
- 3
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 8:16 PM ET
- Size
- 6.3 KB