4/A//SEC Filing
Wuren Fubao Inc. 4/A
Accession 0000899243-22-028814
CIK 0001869601other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 5:00 PM ET
Size
13.1 KB
Accession
0000899243-22-028814
Insider Transaction Report
Form 4/AAmended
Wuren Fubao Inc.
10% Owner
Transactions
- Purchase
Ordinary shares, par value $0.0001
2022-08-12+373,750→ 2,221,964 total - Purchase
Right
2022-08-12−373,750→ 46,718 total→ Ordinary shares, par value $0.0001 (46,718 underlying) - Other
Ordinary shares, par value $0.0001
2022-08-12−20,536→ 1,848,214 total - Purchase
Warrant
2022-08-12−373,750→ 373,750 totalExercise: $11.50→ Ordinary shares, par value $0.0001 (373,750 underlying)
Footnotes (7)
- [F1]As contemplated in connection with the Embrace Change Acquisition Corp. (the "Company")'s initial public offering (the "IPO"), 20,536 founder shares were returned by Wuren Fubao Inc. (the "Sponsor") to the Company for no consideration and cancelled because the representative's over-allotment option was partially exercised and the remaining portion of the option would not be exercised by the representative.
- [F2]The securities are owned directly by the Sponsor. Mr. Bin Li is the director of the Sponsor, and has voting and dispositive power over the shares held of record by the Sponsor. Mr. Bin Li disclaims any beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
- [F3]Simultaneously with the consummation of the Company's IPO, the Sponsor acquired 373,750 units in a private placement (the "Private Units"). Each Private Unit consists of one ordinary share of the Company, par value $0.0001, one warrant to purchase one ordinary share at an exercise price of $11.50 per share (the "Warrants"), and one right entitling the holder to receive one-eighth (1/8) of one ordinary share upon consummation of the Company's initial business combination.
- [F4]The Private Units were purchased for $10.00 per unit.
- [F5]The Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.
- [F6]The Warrants will expire five years after the completion of the Company's initial business combination or earlier upon redemption or liquidation.
- [F7]Each right entitles the holder to receive one-eighth (1/8) of one ordinary share upon consummation of the Company's initial business combination.
Documents
Issuer
Embrace Change Acquisition Corp.
CIK 0001869601
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001904733
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 5:00 PM ET
- Size
- 13.1 KB