SEC Form 4 · accession 0001213900-18-011698
TKK SYMPHONY ACQUISITION Corp · CHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001738758
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Aug 22, 2018 | J | 75,000 | — | D | 5,446,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As contemplated in connection with the initial public offering of the issuer, 75,000 ordinary shares of the issuer were returned by TKK Symphony Sponsor 1 (the "Sponsor") to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.
- F2These represent ordinary shares held by the Sponsor. Sing Wang, the issuer's Chief Executive Officer and Chairman of the Board of Directors, indirectly owns 100% of the equity interest of the Sponsor. Sing Wang is the sole owner of China Capital Advisors Corporation, which is the sole owner of Texas Kang Kai Capital Partners. Texas Kang Kai Capital Partners owns 100% of the equity interest of TKK Capital Holding, which is the sole member of the Sponsor. As such, Sing Wang has sole voting and dispositive power over the shares held by the Sponsor. Mr. Wang disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have any pecuniary interest.