4//SEC Filing
Axios Sponsor LP 4
Accession 0001104659-23-026763
CIK 0001898019other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:33 PM ET
Size
7.4 KB
Accession
0001104659-23-026763
Insider Transaction Report
Form 4
Axios Sponsor LP
10% Owner
Transactions
- Sale
Class B ordinary shares
2023-02-14−818,246→ 3,284,254 total→ Class A ordinary shares (818,246 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-262352) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalization, reorganization, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]On February 14, 2023, in connection with the Extraordinary General Meeting of the issuer held to vote on a proposal to extend the date by which the issuer must complete its Initial Business Combination from February 18, 2023 to May 18, 2023 (the "Extension Amendment Proposal"), the issuer and AXIOS Sponsor LP entered into Non-Redemption Agreements with 13 holders of Class A Shares ("Non-Redemption Agreements"). In connection with the Non-Redemption Agreements, AXIOS Sponsor LP transferred beneficial ownership of 818,246 Class B Shares. to the counterparties to the Non-Redemption Agreements in exchange for the counterparties' agreement not to redeem Class A Shares in connection with the Extension Amendment Proposal.
- [F3]Benedikt Fortig is the sole member of AXIOS EQT LLC, the sole general partner of AXIOS Sponsor LP, and may be deemed to beneficially own the securities owned by AXIOS Sponsor LP. Mr. Fortig disclaims beneficial ownership of the securities owned by AXIOS Sponsor LP, except to the extent of his pecuniary interest therein.
Documents
Issuer
AXIOS Sustainable Growth Acquisition Corp
CIK 0001898019
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001901320
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:33 PM ET
- Size
- 7.4 KB