SEC Form 4 · accession 0001094891-15-000209
SINO MERCURY ACQUISITION CORP. · SMAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jianming Hao
Officer — Chairman and CEO · Director · 10% Owner
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 8:40 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001608269
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory NoteF2,F1,F3,F4 | $10.00 | May 29, 2015 | A | 30,000 | A | — | — | Common Stock | 33,000 | 30,000 | D |
Explanation of responses
- F1Upon the completion by the Issuer of an initial business combination, this promissory note may be convertible into units of the Issuer at a price of $10.00 per unit. Each unit ("Unit") consists of one share of Issuer's common stock ("Common Stock") and one right ("Right") to receive one-tenth of one share of Common Stock upon consummation of the Issuer's initial business combination.
- F2Represents Units issuable upon conversion of the promissory note.
- F3If the Issuer fails to consummate an inital business combination by September 1, 2016, the Issuer will be dissolved and the promissory note will not be convertible.
- F4Includes 3,000 shares issuable upon conversion of the Rights underlying the Units.