4//SEC Filing
Orion Sponsor Holdings, LLC 4
Accession 0001213900-21-035156
CIK 0001847416other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 7:24 PM ET
Size
7.0 KB
Accession
0001213900-21-035156
Insider Transaction Report
Form 4
Orion Sponsor Holdings, LLC
10% Owner
Transactions
- Other
Class B Ordinary Shares
2021-06-25−750,000→ 4,880,000 total→ Class A Ordinary Shares (750,000 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-253548) under the heading "Description of Securities-Founder Shares", the Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), will automatically convert into Class A ordinary shares, par value $0.0001 per share at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]This Form 4 reflects the automatic surrender to the issuer of 750,000 Class B ordinary shares, which were automatically surrendered to the issuer for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the expiration of the option of the underwriters of the issuer's initial public offering to purchase additional units.
- [F3]This Form 4 is being filed by Orion Sponsor Holdings, LLC (the "Sponsor"). The Sponsor is managed by a board of managers comprised of James Huang, John Phelan and Robert Platek, who control the Sponsor. Accordingly, Messrs. Huang, Phelan and Platek have voting and investment discretion with respect to the securities held by the Sponsor, and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Each of Messrs. Huang, Phelan and Platek disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Orion Biotech Opportunities Corp.
CIK 0001847416
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001847414
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 7:24 PM ET
- Size
- 7.0 KB