4//SEC Filing
Combe Jorge 4
Accession 0001213900-20-006501
CIK 0001748252other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 4:46 PM ET
Size
10.5 KB
Accession
0001213900-20-006501
Insider Transaction Report
Form 4
Combe Jorge
DirectorChief Operating Officer10% Owner
Transactions
- Disposition to Issuer
Ordinary Shares
2020-03-13−191,300→ 0 total(indirect: See footnote) - Disposition to Issuer
Ordinary Shares
2020-03-13−430,800→ 0 total - Disposition to Issuer
Warrant
2020-03-13−191,300→ 0 total(indirect: See footnote)Exercise: $11.50From: 2020-04-12Exp: 2025-03-13→ Ordinary Shares (191,300 underlying)
Footnotes (3)
- [F1]Disposed of in exchange for ordinary shares, no par value per share ("Ordinary Shares"), of Betterware de Mexico, S.A. de C.V. ("Betterware"), on a one-for-one basis in connection with the consummation on March 13, 2020 of the business combination (the "Business Combination") of the Issuer and Betterware, pursuant to that certain Combination and Stock Purchase Agreement, dated as of August 2, 2019, as amended (the "Business Combination Agreement"), by and among the Issuer, Betterware, Campalier, S.A. de C.V., Promotora Forteza, S.A. de C.V., Strevo, S.A. de C.V., BLSM Latino America Servicios, S.A. de C.V., and, solely for the purposes set forth in Article XI of the Business Combination Agreement, DD3 Mex Acquisition Corp, S.A. de C.V. (the "Sponsor"), which, among other things, provided for the merger of the Issuer with and into Betterware (the "Merger") with Betterware surviving the Merger.
- [F2]The securities are held directly by the Sponsor and indirectly by Dr. Martin M. Werner and Jorge Combe, each of whom shares voting power with respect to the Sponsor. Certain of the Issuer's other officers and directors hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Dr. Werner, Mr. Combe and such other officers and directors disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F3]The warrants to acquire ordinary shares of the Issuer were automatically converted in connection with the Business Combination into warrants to purchase Ordinary Shares. Each warrant is exercisable for one Ordinary Share at an exercise price of $11.50 per share.
Documents
Issuer
DD3 Acquisition Corp., S.A. de C.V.
CIK 0001748252
Entity typeother
Related Parties
1- filerCIK 0001754020
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 4:46 PM ET
- Size
- 10.5 KB