GERSON RICK MATTHEW 4
4 · Pioneer Merger Corp. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Pioneer Merger Corp.PACXU
GERSON RICK MATTHEW
Co-President10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2021-01-12$10.00/sh+4,450,000$44,500,000→ 14,392,500 total(indirect: By Alpha Wave Ventures, LP)
Footnotes (2)
- [F1]This Form 4 reflects the acquisition by Alpha Wave Ventures, LP ("Alpha Wave") of 4,450,000 of the issuer's Class A ordinary shares, par value $0.0001 per share, underlying units purchased by Alpha Wave in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-251556) under the heading "Description of Securities -- Units", each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in the issuer's registration statement.
- [F2]Alpha Wave is an investment entity managed by Falcon Edge Capital, LP ("Falcon Edge"). Mr. Gerson is the Chairman and Chief Investment Officer of Falcon Edge.