SEC Form 4 · accession 0001144204-18-054344
DD3 Acquisition Corp. · DDMX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DD3 Mex Acquisition Corp
10% Owner
Period of report
Oct 16, 2018
Accepted (ET)
Oct 18, 2018 · 1:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001748252
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2,F3 | Oct 16, 2018 | P$0 | 225,000 | — | A | 1,662,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1,F3,F4,F5 | $11.50 | Oct 16, 2018 | P | 225,000 | A | — | — | Ordinary Shares | 225,000 | 225,000 | D |
Explanation of responses
- F1Simultaneously with the Issuer's initial public offering, DD3 Mex Acquisition Corp (the "Sponsor") acquired, at a price of $10.00 per unit, 225,000 units (the "Private Units") in a private placement for an aggregate purchase price of $2,250,000. Each Private Unit consists of one ordinary share and one warrant. This figure does not include an aggregate of up to 18,750 Private Units that the Sponsor has committed to purchase depending on the extent to which the underwriters' option to purchase additional units is exercised.
- F2Includes an aggregate of up to 187,500 shares subject to forfeiture by the Sponsor depending on the extent to which the underwriters' option to purchase additional units is exercised.
- F3The securities are held directly by the Sponsor and indirectly by Dr. Martin M. Werner and Jorge Combe, each of whom shares voting power with respect to the Sponsor. Certain of the Issuer's other officers and directors hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Dr. Werner, Mr. Combe and such other officers and directors disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F4The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or October 16, 2019.
- F5The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.