CWAM LC Sponsor LLC 4
4 · Learn CW Investment Corp · Filed Oct 4, 2024
Insider Transaction Report
Form 4
CWAM LC Sponsor LLC
10% Owner
Transactions
- Disposition to Issuer
Class A Ordinary Shares
2024-10-02−770,000→ 0 total - Disposition to Issuer
Class B Ordinary Shares
2024-10-02−4,880,000→ 0 total→ Class A Ordinary Shares (4,880,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Business Combination Agreement dated October 24, 2023, on October 2, 2024, the Issuer consummated its initial business combination with Innventure, Inc., f/k/a Learn SPAC HoldCo, Inc. ("Holdco"), with the Issuer surviving as a subsidiary of Holdco (the "Closing"). At the Closing, these securities were automatically surrendered and cancelled and converted into the right to receive shares of Holdco's common stock on a one-for-one basis.
- [F2]Amount has been adjusted to reflect the forfeiture of 750,000 Class B ordinary shares for no further consideration at the Closing pursuant to the Sponsor Support Agreement dated October 24, 2023, which forfeiture is exempt from Section 16 pursuant to Rule 16b-6(d) and Rule 16a-4(d) promulgated under the Securities Exchange Act of 1934, as amended.