3//SEC Filing
AIB LLC 3
Accession 0001213900-22-003382
CIK 0001882963other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 6:50 PM ET
Size
5.6 KB
Accession
0001213900-22-003382
Insider Transaction Report
Form 3
AIB LLC
10% Owner
Holdings
Class B Ordinary Shares
→ Class A Ordinary Shares (2,156,250 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-260594) (the "Registration Statement") under the heading "Description of Securities--Founder Shares and Private Shares," the shares of Class B ordinary shares, par value $0.0001 per share, will automatically be converted into shares of Class A ordinary shares, par value $0.0001 per share, on the first business day following the completion 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]These shares represent Class B ordinary shares held by AIB LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The Class B ordinary shares owned by the Sponsor includes up to 281,250 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 issuer's Registration Statement.
- [F3]Eric Chen has voting and dispositive control over the securities held by the Sponsor. As such, Mr. Chen may be deemed to beneficially own of the shares of Class B ordinary shares held directly by the Sponsor.
Documents
Issuer
AIB Acquisition Corp
CIK 0001882963
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001906359
Filing Metadata
- Form type
- 3
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 6:50 PM ET
- Size
- 5.6 KB