4//SEC Filing
PFTA I LP 4
Accession 0001829126-23-004858
CIK 0001853580other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 6:06 PM ET
Size
10.9 KB
Accession
0001829126-23-004858
Insider Transaction Report
Form 4
PFTA I LP
10% Owner
Transactions
- Sale
Warrants
2023-07-21−4,392,123→ 2,196,061 totalExercise: $11.50→ Class A Ordinary Shares (4,392,123 underlying) - Sale
Class B Ordinary Shares
2023-07-21−3,565,230→ 2,757,615 total→ Class A Ordinary Shares (3,565,230 underlying)
PFTA I GP INC.
10% Owner
Transactions
- Sale
Warrants
2023-07-21−4,392,123→ 2,196,061 totalExercise: $11.50→ Class A Ordinary Shares (4,392,123 underlying) - Sale
Class B Ordinary Shares
2023-07-21−3,565,230→ 2,757,615 total→ Class A Ordinary Shares (3,565,230 underlying)
Footnotes (4)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-257185) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), will automatically convert into Class A ordinary shares, par value $0.0001 per share (the "Class A ordinary shares"). at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F2]This Form 4 reflects the transfer of 3,565,230 Class B ordinary shares and 4,392,123 private placement warrants by PFTA I LP (the "Sponsor") to Perception Capital Partners IIIA LLC.
- [F3]This Form 4 is being filed by the Sponsor. The Sponsor is controlled by PFTA I GP, Inc. (the "General Partner"), its general partner. Accordingly, all of the securities held by the Sponsor may be deemed to be beneficially held by the General Partner.
- [F4]As described in the issuer's registration statement on Form S-1 (File No. 333-257185) under the heading "Description of Securities--Warrants--Private Placement Warrants," the private placement warrants (the "private placement warrants"), will be exercisable for one Class A ordinary share 30 days after the issuer completes an initial business combination and will expire five years from the consummation of the issuer's initial business combination or earlier upon redemption or liquidation.
Documents
Issuer
PORTAGE FINTECH ACQUISITION CORP.
CIK 0001853580
Entity typeother
IncorporatedOntario, Canada
Related Parties
1- filerCIK 0001853512
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 6:06 PM ET
- Size
- 10.9 KB