3//SEC Filing
Swiftmerge Holdings LLC 3
Accession 0000899243-21-048848
CIK 0001845123other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:32 PM ET
Size
7.3 KB
Accession
0000899243-21-048848
Insider Transaction Report
Form 3
Swiftmerge Holdings LLC
10% Owner
Holdings
Warrants
→ Class A ordinary shares (5,600,000 underlying)Class B ordinary shares
→ Class A ordinary shares (3,500,000 underlying)
Footnotes (4)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-254633) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001, will automatically convert into Class A ordinary shares, par value $0.0001, of the issuer at the time of the issuer's initial business combination transaction 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]The Class B ordinary shares reported by the reporting person include up to 750,000 shares that are subject to forfeiture to the extent the underwriter of the initial public offering of the issuer's securities does not exercise in full its over-allotment option as described in the issuer's registration statement.
- [F3]The reporting person is controlled by Swiftmerge Holdings GP, LLC, its general partner. Swiftmerge Holdings GP, LLC is managed by a board of managers consisting of John "Sam" Bremner, George Jones and Aston Loch and as such each have voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.
- [F4]As described in the issuer's registration statement on Form S-1 (File No. 333-254633) under the heading "Description of Securities-Warrants", each private placement warrant entitles the Sponsor to purchase one Class A ordinary share at a price of $11.50 per whole share at any time commencing on the later of one year from the closing of the issuer's initial public offering or 30 days after the issuer's initial business combination transaction. The warrants will expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation.
Documents
Issuer
Swiftmerge Acquisition Corp.
CIK 0001845123
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001845122
Filing Metadata
- Form type
- 3
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:32 PM ET
- Size
- 7.3 KB