MCAP Acquisition, LLC 3
3 · MCAP Acquisition Corp · Filed Feb 26, 2021
Insider Transaction Report
Form 3
MCAP Acquisition, LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (7,873,250 underlying)
Footnotes (3)
- [F1]The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as set forth in the Issuer's registration statement on Form S-1 (File No. 333-252607).
- [F2]Includes up to 1,031,250 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
- [F3]This Form 3 is being filed by MCAP Acquisition, LLC, the sponsor of the issuer (the "Sponsor"). The manager of the Sponsor is Monroe Capital Management Advisors, LLC ("MCMA"). Theodore L. Koenig, the issuer's Chief Executive Officer, may be deemed to beneficially own shares held by the Sponsor by virtue of his control over MCMA. Mr. Koenig disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares.