ATAC Sponsor LLC 4
4 · Aurora Technology Acquisition Corp. · Filed Feb 9, 2022
Insider Transaction Report
Form 4
ATAC Sponsor LLC
10% Owner
Transactions
- Purchase
Warrants
2022-02-09$1.00/sh+6,470,000$6,470,000→ 6,470,000 totalExercise: $11.50→ Class A Ordinary Shares (3,235,000 underlying)
Footnotes (4)
- [F1]These warrants are held by ATAC Sponsor LLC (the "Sponsor") and were purchased by the Sponsor on a private placement basis pursuant to a private placement warrants purchase agreement, dated February 7, 2022, in connection with the Issuer's initial public offering. Each warrant entitles the holder thereof to purchase one-half of one Class A ordinary share. These warrants are identical to the warrants sold in Issuer's initial public offering, subject to certain limited exceptions as described Issuer's Registration Statement on Form S-1 (File No. 333-261753), as amended (the "Registration Statement").
- [F2]Each warrant will become exercisable on the later of (i) the completion of an initial business combination and (ii) February 9, 2023.
- [F3]Each warrant will expire five years after the completion of an initial business combination or earlier upon redemption or liquidation, as described as described in the Registration Statement.
- [F4]The securities are held directly by the Sponsor and indirectly by Zachary Wang, Cathryn Chen and Yida Gao as managers of ATAC Manager LLC, managing member of the Sponsor.