Jensen Nina 4
4 · Project Energy Reimagined Acquisition Corp. · Filed Aug 3, 2023
Insider Transaction Report
Form 4
Jensen Nina
Director
Transactions
- Conversion
Class A ordinary shares
2023-08-01+50,000→ 50,000 total - Conversion
Class B ordinary shares
2023-08-01−50,000→ 0 total→ Class A ordinary shares (50,000 underlying)
Footnotes (1)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-254695) and have no expiration date. On August 1, 2023, the Issuer's shareholders approved an amendment to the Issuer's amended and restated articles of association to allow holders of Class B ordinary shares to effect the conversion of Class B ordinary shares to Class A ordinary shares, at their option, prior to the time of the Issuer's initial business combination. Following such approval, on August 1, 2023, the reporting person exercised such reporting person's right to convert 50,000 Class B ordinary shares into 50,000 Class A ordinary shares on a one-for-one basis.