4//SEC Filing
Narayanan Srinath 4
Accession 0001104659-23-087420
CIK 0001847241other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 7:31 PM ET
Size
44.5 KB
Accession
0001104659-23-087420
Insider Transaction Report
Form 4
Smilodon Capital, LLC
10% Owner
Transactions
- Conversion
Class B ordinary shares
2023-08-01−5,272,698→ 1 total(indirect: See Footnote)→ Class A ordinary shares (5,272,697 underlying) - Conversion
Class A ordinary shares
2023-08-01+5,272,697→ 5,272,697 total(indirect: See Footnote)
Admit Capital, LLC
10% Owner
Transactions
- Conversion
Class B ordinary shares
2023-08-01−5,272,698→ 1 total(indirect: See Footnote)→ Class A ordinary shares (5,272,697 underlying) - Conversion
Class A ordinary shares
2023-08-01+5,272,697→ 5,272,697 total(indirect: See Footnote)
Narayanan Srinath
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class B ordinary shares
2023-08-01−5,272,698→ 1 total(indirect: See Footnote)→ Class A ordinary shares (5,272,697 underlying) - Conversion
Class A ordinary shares
2023-08-01+5,272,697→ 5,272,697 total(indirect: See Footnote)
Footnotes (2)
- [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, Smilodon Capital, LLC (the "Sponsor") exercised its right to convert 5,272,697 Class B ordinary shares into 5,272,697 Class A ordinary shares on a one-for-one basis.
- [F2]The reported securities are held directly by the Sponsor and indirectly by Admit Capital, LLC ("Admit Capital"), as the manager of the Sponsor, and Srinath Narayanan, as the manager of Admit Capital. By virtue of these relationships, each of Admit Capital and Mr. Narayanan may be deemed to share beneficial ownership of the reported securities. Each of Admit Capital and Mr. Narayanan disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein.
Issuer
Project Energy Reimagined Acquisition Corp.
CIK 0001847241
Entity typeother
Related Parties
1- filerCIK 0001865763
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 7:31 PM ET
- Size
- 44.5 KB