HS Chronos LLC 3
3 · Kairos Acquisition Corp. · Filed Jan 7, 2021
Insider Transaction Report
Form 3
HS Chronos LLC
10% Owner
Holdings
Class B Ordinary Shares
→ Class A Ordinary Shares (3,944,894 underlying)
Footnotes (2)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333-251553) under the heading "Description of Securities - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis (unless otherwise provided in our initial business combination agreement), subject to adjustment for share subdivisions, share consolidations, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]These shares represent the 3,944,894 Class B ordinary shares held by HS Chronos LLC, which were subject to share dividends. These shares include an aggregate of 614,788 shares that are subject to forfeiture to the extent that the underwriters do not exercise their overallotment option in connection with the registrant's initial public offering in full.