North Asia Investment CORP 3
3 · North Asia Investment CORP · Filed Apr 23, 2010
Insider Transaction Report
Form 3
Malibu Partner LLC
10% Owner
Holdings
- 558,881(indirect: By LLC)
Common Stock, par value $0.0001
- (indirect: By LLC)
Option (right to buy)
From: 2010-04-13→ Common Stock, par value $0.0001 (474,924 underlying) - (indirect: By LLC)
Option (right to buy)
From: 2010-04-13→ Common Stock, par value $0.0001 (619,100 underlying)
Footnotes (5)
- [F1]These securities are held directly by Malibu Partners, LLC, a California limited liability company ("Malibu Partners"). Kenneth J. Abdalla is the managing member of Malibu Partners. All of the Reporting Persons (other than Malibu Partners) disclaim beneficial ownership of these securities, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- [F2]These securities are held directly by Malibu Capital Partners, LLC, a California limited liability company ("Malibu Capital"). Mr. Abdalla is the managing member of Malibu Capital. All of the Reporting Persons (other than Malibu Capital) disclaim beneficial ownership of these securities, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- [F3]The earlier to occur of: (i) the day on which the Issuer liquidates its trust account or (ii) the unilateral decision of Malibu Capital to terminate the option.
- [F4]That certain pro rata portion of the Issuer's trust account per share due its public stockholders as set forth in the Issuer's final definitive proxy statement filed with the U.S. Securities and Exchange Commission in connection with the proposed business combination.
- [F5]The earliest to occur of: (i) the day on which the issuer liquidates its trust account, (ii) the unilateral decision of Malibu Capital to terminate the option, (iii) the unilateral decision of the option seller to terminate the option at any time during the 48 hour period prior to the vote of the Issuer's stockholders on the proposed business combination and (iv) the exercise by Malibu Capital of its right to cause the seller of the option to sell its shares in the open market.