Form 4 for PLTK Playtika Holding Corp.
Accepted 2023-04-28 00:00:00 ET · period of report 2023-04-26 · accession 0000947871-23-000493 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-04-28 | 2023-04-26 | PLTK | 8th Wonder Corp | 10% | S - Sale | $7.93 | -78.81M | 2.00M | -98% | -$624.97M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-04-26 | S | D | 78,810,506 | $7.93 | 2,000,000 | I See footnotes | — | — | (F5) The parties expect that consummation of the transaction contemplated by the SPA ("Closing") will occur on or prior to July 31, 2023, with Fortune having a right to extend the Closing until August 31, 2023. (F4) On April 26, 2023, 8th Wonder and Hotlink entered into a share purchase agreement ("SPA") with Fortune Bliss Ventures Limited ("Fortune"), pursuant to which Fortune has agreed to purchase (i) 39,405,253 Shares ("8th Wonder Shares") from 8th Wonder and (ii) 39,405,253 Shares ("Hotlink Shares," together with the 8th Wonder Shares, the "Sale Shares") from Hotlink at a total per Share price of $7.93 per Share (subject to adjustments for dividends received), subject to Fortune's due diligence investigation of the Issuer and the Sale Shares. (F3) By virtue of the above, On Chau beneficially owned 2,000,000 shares of common stock of the Issuer. (F1) 8th Wonder Corporation ("8th Wonder"), which is 100% owned by Trustworthy Group Ltd, beneficially owned directly 1,500,000 of the total reported securities. By virtue of the above, Trustworthy Group Ltd beneficially owned 1,500,000 shares of common stock of the Issuer. Ms. On Chau is the sole shareholder of Trustworthy Group Ltd. (F2) Hotlink Investment Limited ("Hotlink"), which is 100% owned by Infinite Bandwidth Limited, beneficially owned directly 500,000 of the total reported securities. By virtue of the above, Infinite Bandwidth Limited beneficially owned 500,000 shares of common stock of the Issuer. On Chau is the sole shareholder of Infinite Bandwidth Limited. |