COVA ACQUISITION SPONSOR LLC reported 2 transactions at COVA ACQUISITION CORP.
Review the transaction codes below to understand the nature of each event.
Filed: 12/21/2022ACC: 0001104659-22-129102
10% Owner
Since Feb 2021
-16.37M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
5.25M acquired · 21.62M disposed
Non-Derivative Transactions2
Class A Ordinary Share
Direct
Shares
+5.25M
Price / share
—
Trade value
—
% of position
New position
12/20/2022
0.00→5.25M
Class A Ordinary Share
Direct
Shares
−5.25M
Price / share
—
Trade value
—
% of position
New position
12/20/2022
5.25M→0.00
Total
Net shares
+0.00
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary Share Direct | 12/20/2022 | C · Conversion | +5.25M | — | — | New position | 0.00 | 5.25M |
| Class A Ordinary Share Direct | 12/20/2022 | J · J | −5.25M | — | — | New position | 5.25M | 0.00 |
| Total | +0.00 | $0.00 | ||||||
Derivative Transactions3
Class B Ordinary Shares
Direct
Converts to
Class A Ordinary Shares
2.25M shares
Shares
−2.25M
Strike price
Held after
5.25M
Exercisable
—
12/20/2022
Class B Ordinary Shares
Direct
Converts to
Class A Ordinary Shares
5.25M shares
Shares
−5.25M
Strike price
Held after
0.00
Exercisable
—
12/20/2022
Warrants
Direct
Converts to
Class A Ordinary Shares
8.87M shares
Shares
−8.87M
Strike price
Held after
0.00
Exercisable
—
12/20/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares Direct | Class A Ordinary Shares2.25M shares | 12/20/2022 | D · Disposition | −2.25M | — | 5.25M | |
| Class B Ordinary Shares Direct | Class A Ordinary Shares5.25M shares | 12/20/2022 | C · Conversion | −5.25M | — | 0.00 | |
| Warrants Direct | Class A Ordinary Shares8.87M shares | 12/20/2022 | J · J | −8.87M | — | 0.00 |