Kao Benjamin 4
4 · Thrive Acquisition Corp · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Kao Benjamin
DirectorPresident10% Owner
Transactions
- Other
Class B Ordinary Shares
2023-01-30−3,154,667→ 1 total(indirect: See Footnote)→ Class A Ordinary Shares (3,154,667 underlying)
Footnotes (2)
- [F1]On January 18, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association and in connection with the winding up of the Issuer, the 3,154,667 Class B ordinary shares, par value $0.0001, held by the Thrive Acquisition Sponsor LLC (the "Sponsor") were surrendered for no compensation on January 30, 2023.
- [F2]The Sponsor is the record holder of the reported securities. The Reporting Person shares control of the Sponsor. As a result, the Reporting Person may be deemed to share beneficial ownership of the shares held by the Sponsor. The Reporting Person disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of his pecuniary interest therein.