4//SEC Filing
STEINER LEISURE Ltd 4
Accession 0000950170-23-026623
CIK 0001758488operating
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 4:05 PM ET
Size
9.1 KB
Accession
0000950170-23-026623
Insider Transaction Report
Form 4
Nemo Investor Aggregator, Ltd
10% Owner
Transactions
- Sale
Common Shares
2023-06-06$9.63/sh−1,350,000$12,993,750→ 11,160,760 total(indirect: See Footnotes)
STEINER LEISURE Ltd
Director10% Owner
Transactions
- Sale
Common Shares
2023-06-06$9.63/sh−1,350,000$12,993,750→ 11,160,760 total(indirect: See Footnotes)
Footnotes (4)
- [F1]The reported sale was effected pursuant to an exercise by the underwriters of their option to purchase additional common shares of OneSpaWorld Holdings, Ltd. (the "Issuer") in connection with a previously reported underwritten public offering (the "Secondary Offering") that originally closed on May 19, 2023. The common shares sold by Steiner Leisure Ltd. ("SLL") consisted of 1,350,000 voting shares of the Issuer and the sale of such additional common shares closed on June 6, 2023.
- [F2]This amount represents a public offering price of $10.00 per share of the Issuer, less an underwriting discount of $0.375 per share for shares sold in the Secondary Offering.
- [F3]Steiner Leisure Ltd is controlled by Nemo Investor Aggregator, Limited, a Cayman Islands exempted company. Nemo Investor Aggregator, Limited is governed by a board of directors consisting of seven directors. Each director has one vote, and the approval of a majority of the directors is required to approve an action of Nemo Investor Aggregator, Limited. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities.
- [F4](Continued from footnote 3) Based upon the foregoing analysis, no director of Nemo Investor Aggregator, Limited exercises voting or dispositive control over any of the securities held by Steiner Leisure Ltd, even those in which he or she directly holds a pecuniary interest. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares.
Documents
Issuer
ONESPAWORLD HOLDINGS Ltd
CIK 0001758488
Entity typeoperating
IncorporatedBahamas
Related Parties
1- filerCIK 0001018946
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 4:05 PM ET
- Size
- 9.1 KB