SEC Form 3 · accession 0001615774-17-003888
PENSARE ACQUISITION Corp · WRLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrell J. Mays
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jul 27, 2017
Accepted (ET)
Jul 27, 2017 · 9:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001704760
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | holding | — | — | — | 5,818,500 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held directly by Pensare Sponsor Group, LLC and indirectly by Darrell J. Mays, who is the managing member of Pensare Sponsor Group, LLC. Mr. Mays disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F2The amount of securities beneficially owned by Pensare Sponsor Group, LLC includes 783,460 shares which are subject to forfeiture to the extent the underwriter's over-allotment option is not exercised in full.
Remarks
See Exhibit 24.1 - Power of Attorney