4//SEC Filing
ilWaddi Cayman Holdings 4
Accession 0000899243-23-015222
CIK 0001838615other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:07 PM ET
Size
17.3 KB
Accession
0000899243-23-015222
Insider Transaction Report
Form 4
ilWaddi Cayman Holdings
10% Owner
Transactions
- Award
Class A Common Stock
2023-06-07+638,578→ 17,893,265 total - Disposition to Issuer
Option (right to buy)
2023-05-24−1,450,000→ 0 total→ Class A Common Stock (1,450,000 underlying) - Disposition to Issuer
Warrant
2023-06-07−1,104,315→ 0 total→ Class A Common Stock (1,104,315 underlying) - Disposition to Issuer
Warrant
2023-06-07−1,450,000→ 0 total→ Class A Common Stock (1,450,000 underlying) - Award
Warrant
2023-05-24+1,450,000→ 1,450,000 total→ Class A Common Stock (1,450,000 underlying)
Al-Thani Jassim Abdulaziz
10% Owner
Transactions
- Disposition to Issuer
Warrant
2023-06-07−1,104,315→ 0 total→ Class A Common Stock (1,104,315 underlying) - Disposition to Issuer
Option (right to buy)
2023-05-24−1,450,000→ 0 total→ Class A Common Stock (1,450,000 underlying) - Award
Class A Common Stock
2023-06-07+638,578→ 17,893,265 total - Disposition to Issuer
Warrant
2023-06-07−1,450,000→ 0 total→ Class A Common Stock (1,450,000 underlying) - Award
Warrant
2023-05-24+1,450,000→ 1,450,000 total→ Class A Common Stock (1,450,000 underlying)
Footnotes (5)
- [F1]H.E. Sheikh Jassim Abdulaziz J.H. Al-Thani is the sole owner of IlWaddi Cayman Holdings.
- [F2]On June 7, 2023, pursuant to the Issuer's previously announced exchange offer (the "Offer") , the reporting persons exchanged 2,554,315 warrants, consisting of (i) 1,104,315 private placement warrants and (ii) 1,450,000 public warrants, which previously entitled the reporting persons to purchase one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock") per warrant at a price of $11.50 per share, for 638,578 shares of Class A Common Stock.
- [F3]The warrants became exercisable on February 2, 2023, and will expire on January 3, 2028 or earlier upon redemption or liquidation.
- [F4]The Option may be exercised only during the period commencing on the earlier to occur of (A) one year after the date of the closing of the Issuer's business combination completed on January 3, 2023 (the "Business Combination") or (B) such time, at least 150 days after the closing of the Business Combination, that the closing price of the shares of Class A Common Stock equals or exceeds S 12.00 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period and terminating at 5:00 p.m., New York City time on the date that is five years after the closing of the Business Combination.
- [F5]The reporting persons disposed of 1,450,000 options in exchange for public warrants at a ratio of one share subject to the public warrants for one share subject to certain option agreements in a private exchange offer before the consummation of the Offer.
Documents
Issuer
AlTi Global, Inc.
CIK 0001838615
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001960409
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 5:07 PM ET
- Size
- 17.3 KB