Form 4 for AENT ALLIANCE ENTERTAINMENT HOLDING CORP
Accepted 2023-02-13 00:00:00 ET · period of report 2023-02-10 · accession 0001104659-23-019920 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-13 | 2023-02-10 | AENT | Donaldson Walter Tommy III | Dir | M - OptEx | $0.00 | +25.0K | 25.0K | New | $0 |
| DI | 2023-02-13 | 2023-02-10 | AENT | Donaldson Walter Tommy III | Dir | J - Other | $0.00 | +547.7K | 547.7K | New | $0 |
| DI | 2023-02-13 | 2023-02-10 | AENT | Donaldson Walter Tommy III | Dir | J - Other | $0.00 | +1.87M | 1.87M | New | $0 |
| D | 2023-02-13 | 2023-02-10 | AENT | Donaldson Walter Tommy III | Dir | M - OptEx | $0.00 | -25.0K | 0 | -100% | $0 |
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 | Class A Common Stock | 2023-02-10 | M | A | 25,000 | $0.00 | 25,000 | D See Footnote | — | — | (F2) Upon the consummation of the issuer's business combination with Alliance Entertainment Holding Corporation on February 10, 2023, all issued and outstanding shares of the issuer's Class B common stock automatically converted into an equal number of shares of Class A common stock. (F4) The securities are held directly by B&D Series 2020, LLC, of which the reporting person is the manager. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2023-02-10 | J | A | 547,727 | $0.00 | 547,727 | I | — | — | |
| 3 | Derivative | Warrant | 2023-02-10 | J | A | 1,873,335 | $0.00 | 1,873,335 | I | — · — to — | 1,873,335 Class A Common Stock | (F5) Each warrant will become exercisable 30 days after the completion of the issuer's initial business combination. Each warrant will expire five years after the completion of the issuer's initial business combination. Each warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising or reorganization transactions. |
| 4 | Derivative | Class B Common Stock | 2023-02-10 | M | D | 25,000 | $0.00 | 0 | D See Footnote | — · — to — | 25,000 Class A Common Stock | (F2) Upon the consummation of the issuer's business combination with Alliance Entertainment Holding Corporation on February 10, 2023, all issued and outstanding shares of the issuer's Class B common stock automatically converted into an equal number of shares of Class A common stock. (F4) The securities are held directly by B&D Series 2020, LLC, of which the reporting person is the manager. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F1) As described in the issuer's registration statement on Form S-4 (File No. 333-250157), as amended (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B common stock, par value $0.0001 per share, automatically convert into shares of Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. |