Abbott Michael James 4
4 · Target Global Acquisition I Corp. · Filed Dec 1, 2023
Insider Transaction Report
Form 4
Abbott Michael James
Director
Transactions
- Other
Class B ordinary shares
2023-11-29−25,000→ 0 total→ Class A ordinary shares (25,000 underlying) - Other
Class A ordinary shares
2023-11-29+25,000→ 25,000 total
Footnotes (2)
- [F1]On November 29, 2023, the Reporting Person entered into a Securities Exchange Agreement with the Issuer and Target Global Sponsor Ltd., a Cayman Islands exempt company ("Sponsor"), pursuant to which the Reporting Person transferred and assigned 25,000 Class B ordinary shares to Sponsor in exchange for 25,000 Class A ordinary shares in transactions occurring simultaneously.
- [F2]The Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis: (a) at any time and from time to time at the option of the holder, including (for the avoidance of doubt) at any time prior to the consummation of a business combination; or (b) automatically on the day of the consummation of a business combination. The shares do not have any expiration date.