Blue Ocean Sponsor LLC 4
4 · Blue Ocean Acquisition Corp · Filed Jun 25, 2024
Insider Transaction Report
Form 4
Blue Ocean Sponsor LLC
10% OwnerOther
Transactions
- Conversion
Class B Ordinary Shares
2024-06-21−4,353,749→ 1 total→ Class A Ordinary Shares (4,353,749 underlying) - Conversion
Class A Ordinary Shares
2024-06-21+4,353,749→ 4,353,749 total
Footnotes (1)
- [F1]On August 29, 2023, shareholders of the Issuer approved a proposal to amend the Issuer's articles of association to permit holders of the Issuer's Class B ordinary shares to convert such holder's Class B ordinary shares into Class A ordinary shares on a one-for-one basis at any time and from time to time prior to the closing of an initial business combination at the election of the holder. On June 21, 2024, the Reporting Person exercised its right to convert a portion of its Class B ordinary shares into Class A ordinary shares.