NG TEK CHE (Chief Executive Officer) purchased 18.5% of their position (532.50K shares) of TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP on the open market
Open‑market purchase worth $5.33M — a significant purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 1/24/2022ACC: 0001493152-22-002158
DirectorOfficer10% Owner· Chief Executive Officer
Since Jan 2022
+1.06M
Net shares
Net buyer
$5.33M
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
1.06M acquired
Non-Derivative Transactions1
Class A ordinary shares
Indirect
Shares
+532.50K
Price / share
$10.00
Trade value
$5.33M
% of position
18.5%
1/20/2022
2.88M→3.41M
Total
Net shares
+532.50K
Net value
$5.33M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A ordinary shares Indirect | 1/20/2022 | P · Purchase | +532.50K | $10.00 | $5.33M | 18.5% | 2.88M | 3.41M |
| Total | +532.50K | $5.33M | ||||||
Derivative Transactions1
Warrants to purchase Common Stock
Indirect
Converts to
Class A ordinary shares
532.50K shares
Shares
+532.50K
Strike price
11.5
Held after
532.50K
Exercisable
—
1/20/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants to purchase Common Stock Indirect | Class A ordinary shares532.50K shares | 1/20/2022 | P · Purchase | +532.50K | 11.5 | — | 532.50K |