4//SEC Filing
Chafets Shmuel 4
Accession 0000950170-24-069619
CIK 0001847355other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 9:43 PM ET
Size
8.8 KB
Accession
0000950170-24-069619
Insider Transaction Report
Form 4
Chafets Shmuel
Chief Executive Officer
Transactions
- Other
Class B ordinary shares
2024-05-31+17,500→ 7,500 total(indirect: By Target Global Sponsor Ltd.)→ Class A ordinary shares (17,500 underlying) - Other
Class A ordinary shares
2024-05-31−3,533,191→ 1,614,224 total(indirect: By Target Global Sponsor Ltd.)
Footnotes (3)
- [F1]On May 31, 2024, Target Global Sponsor Ltd., a Cayman Islands exempt company ("Sponsor"), entered into a Securities Assignment Agreement pursuant to which Sponsor transferred and assigned to CIIG Management III LLC 3,533,191 Class A ordinary shares for an aggregate purchase price of $16,441 and 17,500 Class B ordinary shares for an aggregate purchase price of $81. Upon completion of the sale to CIIG Management, the Sponsor continues to own (i) 1,514,224, Class A Ordinary Shares and (ii) 7,500 Class B Ordinary Shares and Shmuel Chafets individually owns 100,000 Class A Ordinary Shares.
- [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]Sponsor is the sponsor of the Issuer. Sponsor is controlled by Shmuel Chafets and Yaron Valler, who have voting and investment discretion in respect of the ordinary shares held by Sponsor 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 Sponsor except to the extent of his pecuniary interest therein, directly or indirectly.
Documents
Issuer
Target Global Acquisition I Corp.
CIK 0001847355
Entity typeother
Related Parties
1- filerCIK 0001850905
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 9:43 PM ET
- Size
- 8.8 KB