3//SEC Filing
GPIAC, LLC 3
Accession 0001209191-17-057696
CIK 0001635282other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 6:01 AM ET
Size
8.0 KB
Accession
0001209191-17-057696
Insider Transaction Report
Form 3
GPIAC, LLC
10% Owner
Holdings
- 4,252,500
Common Stock
Warrant (Right to Buy)
Exercise: $11.50From: 2017-11-09Exp: 2022-10-10→ Common Stock (6,062,500 underlying)
Footnotes (5)
- [F1]Represents shares held directly by GPIAC, LLC. GPIC, Ltd. is a member of GPIAC, LLC. Alvaro Lopes da Silva Neto is an officer of GPIAC, LLC and has sole voting and investment power over the shares held by GPIAC, LLC. GPIC, Ltd. is controlled by GP Investments, Ltd. Accordingly, GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. may be deemed to share voting and dispositive power over the shares of Rimini Street, Inc.'s common stock beneficially owned by GPIAC, LLC. Each of GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. disclaims beneficial ownership of the shares held directly by GPIAC, LLC except to the extent of their pecuniary interest therein.
- [F2]In addition, RMNI InvestCo, LLC directly owns 3,600,000 shares of common stock of Rimini Street, Inc., which is less than 10 per cent. of the shares of common stock of Rimini Street, Inc. GPIC, Ltd. has sole voting and investment power over the shares held by RMNI InvestCo, LLC. GPIC, Ltd. is controlled by GP Investments, Ltd. Accordingly, GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. may be deemed to share voting and dispositive power over the shares of Rimini Street, Inc.'s common stock beneficially owned by RMNI InvestCo, LLC. Each of GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. disclaims beneficial ownership of the shares held directly by GPIAC, LLC except to the extent of their pecuniary interest therein.
- [F3]The warrants are exercisable during the period commencing on November 9, 2017, which is the date that is 30 days after the first date on which the business combination between GP Investments Acquisition Corp. and Rimini Street, Inc. (a Nevada corporation) completed the business combination, which occurred on October 10, 2017 (the "Consummation Date").
- [F4]The expiration date of the warrants is the earlier to occur of (i) October 10, 2022, being the date that is five years after the Consummation Date and (ii) the liquidation of Rimini Street, Inc.
- [F5]Represents warrants held directly by GPIAC, LLC. GPIC, Ltd. is a member of GPIAC, LLC. Alvaro Lopes da Silva Neto is an officer of GPIAC, LLC and has sole voting and investment power over the shares held by GPIAC, LLC. GPIC, Ltd. is controlled by GP Investments, Ltd. Accordingly, GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. may be deemed to share voting and dispositive power over the shares of Rimini Street, Inc.'s common stock beneficially owned by GPIAC, LLC. Each of GPIC, Ltd., Alvaro Lopes da Silva Neto and GP Investments, Ltd. disclaims beneficial ownership of the shares held directly by GPIAC, LLC except to the extent of their pecuniary interest therein.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001642652
Filing Metadata
- Form type
- 3
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 6:01 AM ET
- Size
- 8.0 KB