3//SEC Filing
Ignyte Sponsor LLC 3
Accession 0001094891-21-000073
CIK 0001834645other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 5:01 PM ET
Size
9.6 KB
Accession
0001094891-21-000073
Insider Transaction Report
Form 3
Ignyte Sponsor LLC
10% Owner
Holdings
- (indirect: By LLC)
Redeemable Warrant
→ Common Stock (2,350,000 underlying) - 1,437,500(indirect: By LLC)
Common Stock
Strupp David J.
DirectorCo-Chief Executive Officer10% Owner
Holdings
- 1,437,500(indirect: By LLC)
Common Stock
- (indirect: By LLC)
Redeemable Warrant
→ Common Stock (2,350,000 underlying)
Rosenberg David I.
DirectorCo-Chief Executive Officer10% Owner
Holdings
- 1,437,500(indirect: By LLC)
Common Stock
- (indirect: By LLC)
Redeemable Warrant
→ Common Stock (2,350,000 underlying)
Footnotes (6)
- [F1]Includes up to 187,500 shares of common stock of the Issuer which are subject to forfeiture to the extent the over-allotment option in the Issuer's initial public offering is not exercised in full.
- [F2]Represents 2,350,000 shares of common stock underlying warrants of the Issuer which the Reporting Person irrevocably committed to purchase. The purchase of these warrants is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering. Does not include shares of common stock underlying an aggregate of 150,000 additional warrants which the reporting person irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full.
- [F3]Each warrant will become exercisable 30 days after the completion of the Issuer's initial business combination.
- [F4]Each Warrant will expire five years after the completion of the Issuer's initial business combination, or earlier upon redemption.
- [F5]Each Warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share.
- [F6]David I. Rosenberg and David J. Strupp, Jr. are managing members of this entity and may be deemed to be the beneficial owners of the securities held thereby. Each disclaims beneficial ownership except to the extent of his respective pecuniary interest therein.
Documents
Issuer
Ignyte Acquisition Corp.
CIK 0001834645
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001842371
Filing Metadata
- Form type
- 3
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 5:01 PM ET
- Size
- 9.6 KB