Park Minyoung 4
4 · Tempo Automation Holdings, Inc. · Filed Nov 25, 2022
Insider Transaction Report
Form 4
Park Minyoung
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2022-11-22+10,000→ 10,000 total - Exercise/Conversion
Class B ordinary shares
2022-11-22−10,000→ 0 total→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]On November 22, 2022, pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of August 12, 2022, as amended, entered into by and among ACE Convergence Acquisition Corp. (the "Issuer"), ACE Convergence Subsidiary Corp., a wholly owned subsidiary of the Issuer ("Merger Sub"), and Tempo Automation, Inc. ("Tempo"), Merger Sub merged with and into Tempo, with Tempo as the surviving corporation and a wholly owned subsidiary of the Issuer (the "Business Combination"). After the closing of the Business Combination, the Issuer changed its name to "Tempo Automation Holdings, Inc." In connection with the Business Combination, the Issuer domesticated as a Delaware corporation, and the Reporting Person's Class B ordinary shares of the Issuer, which were previously convertible into Class A ordinary shares of the Issuer, converted into shares of common stock of the Issuer simultaneously with the closing of the Business Combination.