3//SEC Filing
Finnovate Sponsor L.P. 3
Accession 0001493152-21-027137
CIK 0001857855other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 5:20 PM ET
Size
7.7 KB
Accession
0001493152-21-027137
Insider Transaction Report
Form 3
Finnovate Sponsor LLC
10% Owner
Holdings
Class B ordinary shares
→ Class A ordinary shares (4,237,500 underlying)
Finnovate Sponsor L.P.
10% Owner
Holdings
Class B ordinary shares
→ Class A ordinary shares (4,237,500 underlying)
Footnotes (2)
- [F1]The Class B ordinary shares, $0.0001 par value each, will automatically convert into Class A ordinary shares on the first business day following the issuer's initial business combination on a one-for-one basis, subject to certain adjustment, and have no expiration date. Includes 562,500 Class B ordinary shares that are subject to forfeiture depending on the extent to which the underwriters' over-allotment option in the issuer's initial public offering is not exercised in full.
- [F2]The Class B ordinary shares reported herein are held of record by the issuer's sponsor, Finnovate Sponsor L.P., a Delaware limited partnership. Finnovate Sponsor LLC, a Delaware limited liability company that is wholly-owned by Mr. David Gershon, Mr. Ron Golan and Mr. Uri Chaitchik, serves as the sole general partner of the issuer's sponsor. Mr. Gershon, Mr. Golan and Mr. Chaitchik, who serve as the issuer's chief executive officer, chief financial officer and senior consultant, respectively, serve as the directors of the general partner, and make all investment and voting decisions by majority vote. The limited partnership interests of the issuer's sponsor are held by various individuals and entities. Mr. Gershon, Mr. Golan and Mr. Chaitchik disclaim beneficial ownership of the securities held by the issuer's sponsor other than to the extent of their direct or indirect pecuniary interest in such securities.
Documents
Issuer
Finnovate Acquisition Corp.
CIK 0001857855
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001879972
Filing Metadata
- Form type
- 3
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 5:20 PM ET
- Size
- 7.7 KB