4//SEC Filing
Patel Chandra R 4
Accession 0001104659-22-113050
CIK 0001864891other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 5:27 PM ET
Size
15.2 KB
Accession
0001104659-22-113050
Insider Transaction Report
Form 4
Endurance Antarctica Partners, LLC
10% Owner
Transactions
- Disposition to Issuer
Class A Ordinary Shares
2022-10-27−2,770,000→ 0 total - Exercise/Conversion
Class A Ordinary Shares
2022-10-27+2,770,000→ 2,770,000 total - Exercise/Conversion
Class B Ordinary Shares
2022-10-27−2,770,000→ 0 total→ Class A Ordinary Shares (2,770,000 underlying)
Patel Chandra R
Director
Transactions
- Disposition to Issuer
Class A Ordinary Shares
2022-10-27−2,770,000→ 0 total - Exercise/Conversion
Class A Ordinary Shares
2022-10-27+2,770,000→ 2,770,000 total - Exercise/Conversion
Class B Ordinary Shares
2022-10-27−2,770,000→ 0 total→ Class A Ordinary Shares (2,770,000 underlying)
Davis Richard Charles
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Class A Ordinary Shares
2022-10-27−2,770,000→ 0 total - Exercise/Conversion
Class A Ordinary Shares
2022-10-27+2,770,000→ 2,770,000 total - Exercise/Conversion
Class B Ordinary Shares
2022-10-27−2,770,000→ 0 total→ Class A Ordinary Shares (2,770,000 underlying)
Shaw Graeme B
Chief Technical Officer
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2022-10-27+2,770,000→ 2,770,000 total - Disposition to Issuer
Class A Ordinary Shares
2022-10-27−2,770,000→ 0 total - Exercise/Conversion
Class B Ordinary Shares
2022-10-27−2,770,000→ 0 total→ Class A Ordinary Shares (2,770,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Business Combination Agreement, dated March 8, 2022, as amended, by and among the Issuer, SatixFy Communications Ltd., a limited liability company organized under the laws of the State of Israel ("SatixFy"), and SatixFy MS, a Cayman Islands exempted company and a direct, wholly owned subsidiary of SatixFy ("Merger Sub"), on October 27, 2022 Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of SatixFy (the "Business Combination").
- [F2]As a result of the Business Combination, (i) each Class B ordinary share of the Issuer was automatically converted into one Class A ordinary share of the Issuer; (ii) each issued and outstanding Class A ordinary share of the Issuer was exchanged for one ordinary share of SatixFy; and (iii) the warrants held by the Reporting Persons to purchase Class A ordinary shares of the Issuer were automatically converted into a like number of warrants to purchase ordinary shares of SatixFy.
- [F3]Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw share control over the managing member of Endurance Antarctica Partners, LLC (the "Sponsor") and therefore, indirectly, the Sponsor and, as a result, each may be deemed to beneficially own the securities reported herein. Each of Chandra R. Patel, Richard Charles Davis and Graeme B. Shaw disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.
- [F4]750,000 Class B ordinary shares were forfeited when the underwriters' initial public offering over-allotment option expired unexercised. An additional 800,000 Class B ordinary shares were forfeited immediately prior to the closing of the Business Combination.
Documents
Issuer
Endurance Acquisition Corp.
CIK 0001864891
Entity typeother
Related Parties
1- filerCIK 0001882423
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 5:27 PM ET
- Size
- 15.2 KB