Western Acquisition Ventures Sponsor LLC 4
4 · Western Acquisition Ventures Corp. · Filed Jan 13, 2022
Insider Transaction Report
Form 4
Transactions
- Purchase
Warrants to purchase Common Stock
2022-01-11+376,000→ 376,000 totalExercise: $11.50→ Common Stock (376,000 underlying) - Purchase
Common Stock, par value $0.0001
2022-01-11+376,000→ 2,504,000 total
Footnotes (3)
- [F1]The Reporting Person purchased 376,000 units of Western Acquisition Ventures Corp. (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for a purchase price of $10.00 per unit. Each unit consists of one share of the Issuer's common stock, par value $0.0001, and one redeemable warrant.
- [F2]Each warrant becomes exercisable on the later of January 14, 2023, one year after the closing of the Company's initial public offering, or 30 days after the consummation of an initial business combination.
- [F3]The warrants expire five years after the completion of an initial business combination, or earlier upon redemption or liquidation.