4//SEC Filing
OmniLit Sponsor, LLC 4
Accession 0001493152-23-010930
CIK 0001866816other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 10:11 AM ET
Size
8.2 KB
Accession
0001493152-23-010930
Insider Transaction Report
Form 4
OmniLit Sponsor, LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2023-04-03+3,000,000→ 0 total(indirect: By LLC)Exercise: $0.00→ Class A Common Stock (3,000,000 underlying) - Conversion
Class A Common Stock
2023-04-03+3,000,000→ 3,000,000 total(indirect: By LLC)
Footnotes (2)
- [F1]Per amendment to the Amended and Restated certificate of incorporation, Class B Common Stock of the Company ("Founder Shares") have the right to convert into Class A Common Stock on a one-for-one basis prior to the closing of a business combination at the election of the holder.
- [F2]These shares are owned directly by OmniLit Sponsor LLC, a ten percent owner of the issuer, and indirectly by its managing member, Al Kapoor. Al Kapoor has voting and investment discretion with respect to the shares held by OmniLit Sponsor LLC, and as such, he may be deemed to have beneficial ownership of the Class B common stock held directly by OmniLit Sponsor LLC. Al Kapoor disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Documents
Issuer
OmniLit Acquisition Corp.
CIK 0001866816
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001891840
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 10:11 AM ET
- Size
- 8.2 KB