Home/Filings/4/0001144204-18-046300
4//SEC Filing

Nayar Rahul 4

Accession 0001144204-18-046300

CIK 0001742927other

Filed

Aug 23, 8:00 PM ET

Accepted

Aug 24, 5:01 PM ET

Size

5.6 KB

Accession

0001144204-18-046300

Insider Transaction Report

Form 4
Period: 2018-08-23
Nayar Rahul
DirectorChief Executive Officer10% Owner
Transactions
  • Purchase

    Ordinary Shares

    2018-08-23$10.00/sh+310,000$3,100,0001,891,250 total(indirect: See Footnote)
Footnotes (2)
  • [F1]These shares are underlying units (each unit consisting of one ordinary share and one warrant, each warrant exercisable to purchase one share) held by Tenzing LLC (the "Sponsor"), acquired pursuant to an amended and restated unit subscription agreement by and between the Sponsor and the issuer.
  • [F2]The shares held by the Sponsor are beneficially owned by Rahul Nayar and Parag Saxena, the issuer's Chief Executive Officer and Chairman, respectively, and the managing members of the Sponsor, who have joint voting and dispositive power over the shares held by the Sponsor. These shares include up to an aggregate of 206,250 ordinary shares subject to forfeiture by the Sponsor to the extent that the underwriters' over-allotment option is not exercised in full. Mr. Nayar and Mr. Saxena disclaim beneficial ownership over any securities owned by the Sponsor in which they do not have any pecuniary interest.

Issuer

Tenzing Acquisition Corp.

CIK 0001742927

Entity typeother

Related Parties

1
  • filerCIK 0001744923

Filing Metadata

Form type
4
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 5:01 PM ET
Size
5.6 KB