Xiong Wenhui 4
4 · Newborn Acquisition Corp · Filed Apr 21, 2020
Insider Transaction Report
Form 4
Xiong Wenhui
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Rights to acquire Ordinary Shares
2020-02-20+272,500→ 272,500 total(indirect: See footnote)→ Ordinary Shares (27,250 underlying) - Sale
Ordinary Shares
2020-04-20$0.00/sh−100,000$10→ 1,545,000 total(indirect: See footnote) - Purchase
Ordinary Shares
2020-02-20$10.00/sh+272,500$2,725,000→ 1,645,000 total(indirect: See footnote) - Purchase
Warrants to purchase Ordinary Shares
2020-02-20+272,500→ 272,500 total(indirect: See footnote)Exercise: $11.50→ Ordinary Shares (136,250 underlying)
Footnotes (5)
- [F1]Owned by NeoGenesis Holding Co., Ltd. Wenhui Xiong owns and control NeoGenesis Holding Co., Ltd.
- [F2]The reporting person acquired 272,500 units consisting of ordinary shares ,warrants and rights at a purchase price of $10.00 per unit.
- [F3]The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
- [F4]The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
- [F5]The rights convert automatically into ordinary shares at the completion of the registrant's initial business combination.