PowerUp Sponsor LLC 4
4 · PowerUp Acquisition Corp. · Filed May 30, 2023
Insider Transaction Report
Form 4
PowerUp Sponsor LLC
10% Owner
Transactions
- Conversion
Class A Ordinary Shares, par value $0.0001
2023-05-18+7,187,500→ 7,187,500 total - Conversion
Class B Ordinary Shares
2023-05-18−7,187,500→ 0 total→ Class A Ordinary Shares (7,187,500 underlying)
Footnotes (1)
- [F1]On May 18, 2023, the Reporting Person elected to convert the 7,187,500 Class B ordinary shares ("Class B Shares") of PowerUp Acquisition Corp. (the "Issuer") held by the Reporting Person into Class A ordinary shares of the Issuer ("Class A Shares") on a one-for-one basis. As a result, 7,187,500 of the Class B Shares were cancelled, and 7,187,500 Class A Shares were issued to the Reporting Person on May 18, 2023.