SEC Form 4 · accession 0001144204-15-037041
Electrum Special Acquisition Corp · ELEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
ESAC HOLDINGS LLC
10% Owner
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 8:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639669
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jun 10, 2015 | P | 45,994 | $0.007 | A | 3,920,109 | D | |
| Ordinary SharesF3 | Jun 10, 2015 | J | 653,352 | $0.00 | A | 4,573,461 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1ESAC Holdings LLC purchased the ordinary shares from Ospraie Partners LLC, for $0.006688963 per share, pursuant to a private purchase, as further described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
- F2ESAC Holdings LLC received the ordinary shares from the Issuer pursuant to a bonus share issue, as further described in the Issuer's Registration Statements on Form S-1 (File No. 333-203599) and (333-204866).
- F3Includes 596,538 ordinary shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised.