TCAC SPONSOR, LLC purchased 600K shares of SPRINGBIG HOLDINGS, INC. on the open market
Open‑market purchase worth $6.00M. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 6/29/2022ACC: 0000950103-22-011667
10% Owner
Since Feb 2021
+5.60M
Net shares
Net buyer
$6.00M
Total acquired
1
Open market trades
1B · 0S
5
Total transactions
11.47M acquired · 5.87M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+4.87M
Price / share
—
Trade value
—
% of position
New position
6/14/2022
0.00→4.87M
Common Stock
Direct
Shares
−1M
Price / share
—
Trade value
—
% of position
20.5%
6/14/2022
4.87M→3.87M
Common Stock
Direct
Shares
+600K
Price / share
$10.00
Trade value
$6M
% of position
New position
6/14/2022
0.00→600K
Total
Net shares
+4.47M
Net value
$6M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/14/2022 | M · Option Exercise | +4.87M | — | — | New position | 0.00 | 4.87M |
| Common Stock Direct | 6/14/2022 | J · J | −1M | — | — | 20.5% | 4.87M | 3.87M |
| Common Stock Direct | 6/14/2022 | P · Purchase | +600K | $10.00 | $6M | New position | 0.00 | 600K |
| Total | +4.47M | $6M | ||||||
Derivative Transactions2
Class B ordinary shares
Direct
Converts to
Class A Common Stock
4.87M shares
Shares
−4.87M
Strike price
Held after
0.00
Exercisable
—
6/14/2022
Warrants
Direct
Converts to
Class A Common Stock
6M shares
Shares
+6M
Strike price
11.50
Held after
6M
Exercisable
—
6/14/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B ordinary shares Direct | Class A Common Stock4.87M shares | 6/14/2022 | C · Conversion | −4.87M | — | 0.00 | |
| Warrants Direct | Class A Common Stock6M shares | 6/14/2022 | P · Purchase | +6M | 11.50 | — | 6M |