3//SEC Filing
NAAC Sponsor LP 3
Accession 0001104659-21-006586
CIK 0001830063other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 2:14 PM ET
Size
5.5 KB
Accession
0001104659-21-006586
Insider Transaction Report
Form 3
NAAC Sponsor LP
10% Owner
Holdings
Class B ordinary shares
→ Class A ordinary shares (9,487,500 underlying)
Footnotes (2)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333-251887) 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 subject to certain adjustments and have no expiration date.
- [F2]These shares represent the ordinary shares held by NAAC Sponsor LP (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the registrant. NAAC Sponsor GP LLC is the general partner of the Sponsor. The North Ocean Investment Company Limited ("NOICL") is the sole owner and managing member of NAAC Sponsor GP LLC. The ordinary shares owned by the Sponsor includes up to 1,237,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise their over-allotment option in full as described in the registrant's registration statement.
Documents
Issuer
North Atlantic Acquisition Corp
CIK 0001830063
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001840936
Filing Metadata
- Form type
- 3
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 2:14 PM ET
- Size
- 5.5 KB