Global Consumer Acquisition LLC 4
4 · Global Consumer Acquisition Corp · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Global Consumer Acquisition LLC
10% Owner
Transactions
- Purchase
Common Stock
2021-06-16+22,102→ 5,281,112 total - Other
Common Stock
2021-06-16−321,750→ 4,959,362 total - Purchase
Warrants to purchase Common Stock
2021-06-16+11,051→ 11,051 totalExercise: $11.50→ Common Stock (11,051 underlying)
Footnotes (3)
- [F1]The reporting person acquired units, consisting of shares and warrants, at $10.00 per unit.
- [F2]Each unit consists of one share of common stock and one half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Global Consumer Acquisition Corp. (the "Company)'s common stock at a price of $11.50 per share, subject to adjustment as described in the Company's prospectus filed with the SEC, at any time commencing on the later of 12 months from the closing of the Company's initial public offering or the completion of its initial business combination. The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.
- [F3]On June 16, 2021, the underwriters of the Company exercised the over-allotment option in part and canceled the remainder of the over-allotment option. In connection with the cancellation of the remainder of the over-allotment option, the Company has canceled an aggregate of 321,750 shares of common stock issued to Global Consumer Acquisition LLC prior to its IPO and private placement.