Papaya Growth Opportunity I Sponsor, LLC 3
3 · Papaya Growth Opportunity Corp. I · Filed Jan 13, 2022
Insider Transaction Report
Form 3
Holdings
Class B Common Stock, par value $0.0001 per share
→ Class A Common Stock, par value $0.0001 per share (7,528,875 underlying)
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (No. 333-261317), as amended, 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 and have no expiration date.
- [F2]These shares represent the shares of Class B common stock held directly by Papaya Growth Opportunity I Sponsor, LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer. The shares of Class B common stock owned by the Sponsor include up to 956,250 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities do not exercise their over-allotment option in full as described in the Issuer's registration statement.