Globis SPAC LLC 3
3 · Globis Acquisition Corp. · Filed Dec 10, 2020
Insider Transaction Report
Form 3
PACKER PAUL
DirectorCEO; CFO; Secretary10% Owner
Holdings
- 2,875,000(indirect: See Footnote)
Common Stock
- (indirect: See Footnote)
Common stock purchase warrant (right to buy)
Exercise: $0.75→ Common Stock (3,555,556 underlying)
Footnotes (4)
- [F1]Includes 375,000 shares subject to forfeiture in the event that the underwriters of Globis Acquisition Corp.'s initial public offering do not exercise their overallotment option in full.
- [F2]Represents securities directly held by Globis SPAC LLC, of which Mr. Packer is the sole Manager.
- [F3]The warrants will become exercisable on the later of the Issuer's completion of an initial business combination and 12 months from the closing of the Issuer's initial public offering.
- [F4]The warrants expire on the fifth anniversary of the effective date of the registration statement for the Issuer's initial public offering.