4//SEC Filing
Lionheart Equities, LLC 4
Accession 0001104659-21-089930
CIK 0001802450other
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 9:40 PM ET
Size
16.9 KB
Accession
0001104659-21-089930
Insider Transaction Report
Form 4
Lionheart Equities, LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2021-06-25$10.00/sh+180,000$1,800,000→ 440,000 total - Purchase
Class B Common Stock
2021-06-25+540,000→ 5,202,500 total→ Class A Common Stock (540,000 underlying) - Purchase
Class B Common Stock
2021-07-04+15,000→ 5,217,500 total→ Class A Common Stock (15,000 underlying) - Purchase
Class A Common Stock
2021-07-04$10.00/sh+5,000$50,000→ 445,000 total - Purchase
Warrants to purchase Class A Common Stock
2021-06-25+90,000→ 220,000 totalExercise: $11.50→ Class A Common Stock (90,000 underlying) - Purchase
Warrants to purchase Class A Common Stock
2021-07-04+2,500→ 222,500 totalExercise: $11.50→ Class A Common Stock (2,500 underlying)
Footnotes (5)
- [F1]In connection with Mr. Aman Kapadia's resignation as a director of the issuer, Lionheart Equities, LLC acquired all of the issuer's private placement units and Class B Common Stock held by vehicles and accounts managed by Akaris Global Partners LP, an entity over which Mr. Kapadia has voting and dispositive power. Each private placement unit consists of one share of Class A Common Stock and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A Common Stock at a price of $11.50 per share, subject to certain adjustments.
- [F2]In connection with Mr. Trevor Barran's resignation as a director and chief operating officer of the issuer, Lionheart Equities, LLC acquired all of the issuer's private placement units and Class B Common Stock owned by Mr. Barran. Each private placement unit consists of one share of Class A Common Stock and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A Common Stock at a price of $11.50 per share, subject to certain adjustments.
- [F3]As described in the issuer's registration statement on Form S-1 (File No. 333-240130) (the "Registration Statement"), the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- [F4]The warrants become exercisable on the later of (i) 30 days after the completion of the issuer's initial business combination and (ii) August 18, 2021.
- [F5]The warrants expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation, as described in the Registration Statement.
Documents
Issuer
Lionheart Acquisition Corp. II
CIK 0001802450
Entity typeother
Related Parties
1- filerCIK 0001818673
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 9:40 PM ET
- Size
- 16.9 KB