4//SEC Filing
You Harry L. 4
Accession 0001104659-25-000919
CIK 0001847440other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:22 PM ET
Size
12.7 KB
Accession
0001104659-25-000919
Insider Transaction Report
Form 4
You Harry L.
Director10% Owner
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2024-12-31+1→ 1,075,000 total - Disposition to Issuer
Class A Ordinary Shares
2024-12-31−424,880→ 650,120 total - Exercise/Conversion
Class B Ordinary Share
2024-12-31−1→ 0 total→ Class A Ordinary Share (1 underlying) - Disposition to Issuer
Private Placement Warrants
2024-12-31−2,257,500→ 0 total(indirect: By LLC)Exercise: $11.50→ Class A Ordinary Share (2,257,500 underlying)
Footnotes (5)
- [F1]In connection with and immediately prior to the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc., and Rain Enhancement Technologies Holdco, Inc. ("Holdco"), the sole outstanding Coliseum Class B ordinary share, par value $0.001 per share ("Class B Ordinary Share"), was converted into one Class A ordinary share, par value $0.001 per share, of Coliseum ("Coliseum Class A Ordinary Shares") in accordance with Coliseum's Amended and Restated Memorandum and Articles of Association. Prior to such conversion, the Coliseum Class B Ordinary Share had no expiration date.
- [F2]In connection with the consummation of the Business Combination, Harry L. You forfeited 424,880 Coliseum Class A Ordinary Shares for no consideration pursuant to the terms of the Non-Redemption Agreements dated November 22, 2023, between Mr. You, Coliseum, and the other parties thereto.
- [F3]In connection with the Business Combination, Berto LLC ("Berto") agreed to exchange the 2,257,500 private placement warrants held by it for an aggregate of 564,375 shares of Holdco Class A common stock, par value $0.0001 per share.
- [F4]Each such private placement warrant entitled the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment, 30 days after the consummation of the Business Combination.
- [F5]Mr. You is the sole member of Berto and has voting and investment discretion with respect to the securities held of record by Berto. Mr. You disclaims beneficial ownership of the securities held by Berto, except to the extent of his pecuniary interest therein.
Documents
Issuer
Coliseum Acquisition Corp.
CIK 0001847440
Entity typeother
Related Parties
1- filerCIK 0001432602
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:22 PM ET
- Size
- 12.7 KB