4//SEC Filing
Target Global Sponsor Ltd. 4
Accession 0000950103-23-017026
CIK 0001847355other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:14 PM ET
Size
8.6 KB
Accession
0000950103-23-017026
Insider Transaction Report
Form 4
Target Global Sponsor Ltd.
10% Owner
Transactions
- Other
Class B ordinary shares
2023-11-29+25,000→ 25,000 total→ Class A ordinary shares (25,000 underlying) - Other
Class A ordinary shares
2023-11-29−25,000→ 5,047,415 total
Footnotes (3)
- [F1]On November 29, 2023, the Reporting Person entered into a Securities Exchange Agreement with the Issuer and Michael Abbott ("Abbott") pursuant to which the Reporting Person transferred and assigned 25,000 Class A ordinary shares to Abbott in exchange for 25,000 Class B 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.
- [F3]The Reporting Person is the sponsor of the Issuer. The Reporting Person is controlled by Shmuel Chafets and Yaron Valler, who have voting and investment discretion in respect of the ordinary shares held by the Reporting Person and may be deemed to have shared beneficial ownership of such ordinary shares. Each of Shmuel Chafets and Yaron Valler disclaims beneficial ownership of the shares held by the Reporting Person except to the extent of his pecuniary interest therein, directly or indirectly.
Documents
Issuer
Target Global Acquisition I Corp.
CIK 0001847355
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001848517
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 5:14 PM ET
- Size
- 8.6 KB