4//SEC Filing
Rosenberg Marat 4
Accession 0001213900-20-036242
CIK 0001776903other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 6:47 PM ET
Size
15.0 KB
Accession
0001213900-20-036242
Insider Transaction Report
Form 4
MAURER RICHARD M
DirectorChief Executive Officer10% Owner
Transactions
- Other
Warrants
2020-11-10−681,000→ 0 total→ Class A Ordinary Shares (681,000 underlying) - Other
Class B Ordinary Shares
2020-11-10−6,260,000→ 0 total→ Class A Ordinary Shares (6,260,000 underlying) - Other
Class A Ordinary Shares
2020-11-10$10.00/sh−681,000$6,810,000→ 0 total
Rosenberg Marat
DirectorPresident10% Owner
Transactions
- Other
Class A Ordinary Shares
2020-11-10$10.00/sh−681,000$6,810,000→ 0 total - Other
Class B Ordinary Shares
2020-11-10−6,260,000→ 0 total→ Class A Ordinary Shares (6,260,000 underlying) - Other
Warrants
2020-11-10−681,000→ 0 total→ Class A Ordinary Shares (681,000 underlying)
MVR Netfin LLC
10% Owner
Transactions
- Other
Class B Ordinary Shares
2020-11-10−6,260,000→ 0 total→ Class A Ordinary Shares (6,260,000 underlying) - Other
Class A Ordinary Shares
2020-11-10$10.00/sh−681,000$6,810,000→ 0 total - Other
Warrants
2020-11-10−681,000→ 0 total→ Class A Ordinary Shares (681,000 underlying)
Footnotes (6)
- [F1]Pursuant to the terms of the Business Combination Agreement, dated as of July 29, 2020 and amended on August 28, 2020 (the "Business Combination Agreement"), by and among the Issuer, Triterras, Inc. (f/k/a Netfin Holdco) ("Triterras"), Netfin Merger Sub, Symphonia Strategic Opportunities Limited, IKON Strategic Holdings Fund and MVR Netfin LLC, as the Netfin Representative, each ordinary share of the Issuer ("Ordinary Shares") outstanding immediately prior to the closing (the "Closing") of the transaction contemplated by the Business Combination Agreement ("Business Combination") (excluding Ordinary Shares redeemed by holders of such shares pursuant to the terms of the Issuer's amended and restated memorandum and articles of association) converted into the right to receive one ordinary share of Triterras upon Closing. The Closing occurred on November 10, 2020.
- [F2]The securities are held directly by MVR Netfin LLC. Richard Maurer and Marat Rosenberg are the managers of MVR Netfin LLC and share voting and investment discretion with respect to the ordinary shares held by MVR Netfin LLC.
- [F3]The Class B ordinary shares are convertible for shares of the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-240171) (the "Registration Statement") and have no expiration date
- [F4]Represents Class B ordinary shares held by MVR Netfin LLC that converted into ordinary shares of Triterras in connection with the Business Combination.
- [F5]The warrants will become exercisable 30 days after the completion of the Business Combination. The warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. Upon conversion into warrants of Triterras in connection with the Business Combination, each whole warrant will entitle the holder thereof to purchase one ordinary share of Triterras at a price of $11.50 per share (subject to adjustment).
- [F6]Represents warrants underlying the 681,000 units purchased in connection with the Issuer's initial public offering which converted into the same number of warrants of Triterras in connection with the Business Combination.
Documents
Issuer
Netfin Acquisition Corp.
CIK 0001776903
Entity typeother
Related Parties
1- filerCIK 0001340214
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 6:47 PM ET
- Size
- 15.0 KB