Horne John M 4
4 · Globis Acquisition Corp. · Filed Jun 14, 2022
Insider Transaction Report
Form 4
Horne John M
Director
Transactions
- Other
Common Stock
2022-06-09−15,000→ 0 total - Other
Common Stock Purchase Warrant
2022-06-09−20,000→ 0 totalExercise: $11.50Exp: 2025-12-10→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]On June 9, 2022, the issuer consummated its initial business combination (the "Business Combination") with Forafric Global PLC. ("New Forafric"), a Gibraltar public company limited by shares. As described in Globis Acquisition Corp.'s Current Report on Form 8-K (File No. 333-262126) filed on June 9, 2022 (the "Form 8-K"), in connection with the closing of the Business Combination, each share of Common Stock was exchanged for one ordinary share, nominal value $0.001 per share, of New Forafric (each, an "Ordinary Share").
- [F2]The warrants became exercisable upon the completion of the Business Combination.
- [F3]As described in the Form 8-K, in connection with the closing of the Business Combination, the private placement warrants were exchanged for warrants to acquire Ordinary Shares at an exercise price of $11.50 per share.