AF Sponsor LLC 3
3 · AF Acquisition Corp. · Filed Mar 22, 2021
Insider Transaction Report
Form 3
AF Sponsor LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (5,750,000 underlying)
Footnotes (2)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333- 253544) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock upon the consummation of the issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.
- [F2]AF Sponsor LLC (the "Sponsor"), is the record holder of the shares reported herein. Andrew Scharf and Jordan Gaspar are the managing members of the Sponsor, and have voting and investment discretion with respect to the common stock held of record by the Sponsor. By virtue of this relationship, Scharf and Gaspar may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.