SEC Form 4 · accession 0001213900-17-009113
Borqs Technologies, Inc. · BRQS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jian Tu
Officer — President & Chairman · Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 22, 2017 · 9:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001650575
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Aug 10, 2017 | P | 536,067 | $10.52 | A | 686,067 | I | By Ninepoint Capital LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents ordinary shares purchased in open market purchases on August 10, 2017 at a price per share of $10.52.
- F2The Reporting Person is the sole owner of Ninepoint Capital LLC.
Remarks
(i) Effective August 18, 2017, Pacific Special Acquisition Corp. (the "Issuer") changed its name to Borqs Technologies, Inc. [Nasdaq: BRQS] in connection with the consummation of its business combination with Borqs International Holding Corp. (ii) The Reporting Person resigned as President and Chairman of the Issuer, effective August 18, 2017.