3//SEC Filing
Biotech Sponsor LLC 3
Accession 0001213900-21-004130
CIK 0001825413other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 7:40 PM ET
Size
7.5 KB
Accession
0001213900-21-004130
Insider Transaction Report
Form 3
Biotech Sponsor LLC
10% Owner
Holdings
- (indirect: See Footnote)
Class B Ordinary Shares
→ Class A Ordinary Shares (5,750,000 underlying)
Schleifer Michael
DirectorChief Executive Officer10% Owner
Holdings
- (indirect: See Footnote)
Class B Ordinary Shares
→ Class A Ordinary Shares (5,750,000 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-251834) (the "Registration Statement") under the heading "Description of Securities - Founder Shares", Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
- [F2]The Class B ordinary shares held directly by Biotech Sponsor LLC (the "Sponsor") were acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B ordinary shares owned by the Sponsor include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option, as described in the Registration Statement.
- [F3]Michael Shleifer, Chief Executive Officer and Chairman of the Board of Directors of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held directly by the Sponsor. As such, Mr. Shleifer may be deemed to have indirect beneficial ownership of Class B ordinary shares held directly by the Sponsor. Mr. Shleifer disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein.
Documents
Issuer
Biotech Acquisition Co
CIK 0001825413
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001823730
Filing Metadata
- Form type
- 3
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 7:40 PM ET
- Size
- 7.5 KB