Music Acquisition Sponsor, LLC 3
3 · Music Acquisition Corp · Filed Feb 2, 2021
Insider Transaction Report
Form 3
Music Acquisition Sponsor, LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (5,675,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-252152) under the heading "Description of Securities - Founder Shares", the Class B common stock, par value $0.0001 per share, will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights and have no expiration date.
- [F2]Includes up to 750,000 shares subject to forfeiture by Music Acquisition Sponsor, LLC (the "Sponsor") depending on the extent to which the underwriters' option to purchase additional units is exercised.