Iconic Sports Management LLC 4
4 · Iconic Sports Acquisition Corp. · Filed Nov 9, 2021
Insider Transaction Report
Form 4
Iconic Sports Management LLC
10% Owner
Transactions
- Purchase
Class A Ordinary Shares, par value $0.0001
2021-10-26+5,000,000→ 5,000,000 total - Purchase
Warrants
2021-10-26+2,500,000→ 2,500,000 totalExercise: $11.50→ Class A Ordinary Shares (2,500,000 underlying)
Footnotes (3)
- [F1]Iconic Sports Management LLC (the "Reporting Person") is the record holder of the securities reported herein. The Reporting Person is governed by a board of managers consisting of four managers. Each manager has one vote, and the approval of a majority of the managers is required to approve an action on behalf of the Reporting Person.
- [F2]The Reporting Person purchased 5,000,000 units of the Issuer in the Issuer's initial public offering for $10.00 per unit. Each unit consists of one share of the Issuer's Class A ordinary share, par value $0.0001, and one-half of one redeemable warrant (the "Warrants"), as described under the heading "Description of Securities - Units" in the Issuer's registration statement on Form S-1 (File No. 333-260096).
- [F3]The Warrants become exercisable 30 days after the completion of an initial business combination for an exercise price of $11.50 per Warrant and expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation.