Arowana Inc. 4
4 · Arowana Inc. · Filed Nov 2, 2016
Insider Transaction Report
Form 4
Arowana Inc.ARWA
Chin Kevin
DirectorChairman and CEO
Transactions
- Purchase
Ordinary Shares
2016-10-28$10.20/sh+25,000$255,000→ 25,000 total(indirect: by Borneo Capital Pty Ltd.)
Holdings
- 1,236,857(indirect: By Trust)
Ordinary Shares
- 179,281(indirect: By Trust)
Ordinary Shares
Footnotes (3)
- [F1]Mr. Chin is the sole director of Borneo Capital Pty Ltd. Accordingly, he may be deemed to have voting and dispositive power over the shares held by this entity. Mr. Chin disclaims beneficial ownership of these securities and this report shall not be deemed an admission that Mr. Chin is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]Mr. Chin is a beneficiary of The Panaga Group Trust and one of the directors of the corporate trustee of such fund. Accordingly, he may be deemed to have voting and dispositive power over the shares held by this entity. Mr. Chin disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Chin is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]Represents securities underlying units of the Issuer ("Unit"). Each Unit consists of one ordinary share, one right ("Right") to receive one-tenth of one ordinary share upon the consummation of the Issuer's initial business combination and one redeemable warrant ("Warrant") entitling the holder to purchase one-half of one ordinary share.