ProCap Acquisition Sponsor, LLC 3
3 · ProCap Acquisition Corp · Filed May 21, 2025
Insider Transaction Report
Form 3
ProCap Acquisition Sponsor, LLC
10% Owner
Holdings
Class B ordinary shares, par value $0.0001 per share
→ Class A ordinary shares, par value $0.0001 per share (6,325,000 underlying)
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (No. 333-286876), the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
- [F2]These shares represent the shares of Class B ordinary shares held directly by ProCap Acquisition Sponsor LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer. The shares of Class B ordinary shares owned by the Sponsor include up to 825,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities do not exercise their over-allotment option in full as described in the Issuer's registration statement.