Kung Calvin 4
4 · Finnovate Acquisition Corp. · Filed Jan 8, 2025
Insider Transaction Report
Form 4
Kung Calvin
DirectorChief Executive Officer
Transactions
- Other
Class A Ordinary Shares, par value $0.0001 per share
2025-01-03+25,000→ 25,000 total - Other
Class B Ordinary Share, par value $0.0001 per share
2025-01-03+1→ 1 total(indirect: See footnote)→ Class A Ordinary Share (1 underlying)
Footnotes (2)
- [F1]Represents pro rata distribution by Finnovate Sponsor, LP (the "Sponsor") to its partners (the "Sponsor Distribution"). No consideration was paid in connection with the transaction reported herein.
- [F2]The Class B ordinary share is held of record by Sunorange Limited, which received such share in the Sponsor Distribution. Calvin Kung serves as the sole directors of Sunorange Limited. The Class B ordinary share is convertible into Class A ordinary share on a one-for-one basis, subject to certain adjustment, automatically upon the Issuer's initial business combination, or earlier at the election of the holder, and has no expiration date.