Ka Wo Chan - May 5, 2022 Form 4 Insider Report for SPAC II Acquisition Corp. (ASCB)

Signature
/s/ Ka Wo Chan
Stock symbol
ASCB
Transactions as of
May 5, 2022
Transactions value $
$8,966,000
Form type
4
Date filed
5/9/2022, 01:54 PM
Previous filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASCB Ordinary Shares Other $0 -319K -5.99% $0.00 5M May 5, 2022 See Footnote F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASCB Warrant to purchase Class A ordinary shares Purchase $8.97M +8.97M $1.00* 8.97M May 5, 2022 Class A ordinary share 8.97M $11.50 See Footnote F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of shares due to the partial exercise of the underwriters' over-allotment option.
F2 The warrants become exercisable on the later of (i) after the completion of the registrant's initial business combination and (ii) 12 months from the date of the registrant's prospectus.
F3 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F4 The securities reported herein are directly held by A SPAC II (Holdings) Corp. Investment and voting decisions for ASPAC II (Holdings) Corp. are made by Ka Wo Chan. The reporting person disclaims any pecuniary interest in the securities reported herein except to the extent of the reporting person's beneficial interest in A SPAC II (Holdings) Corp.