Coliseum Acquisition Sponsor LLC - 10 Aug 2021 Form 4 Insider Report for Coliseum Acquisition Corp. (MITAU)

Role
10%+ Owner
Signature
/s/ Daniel Haimovic (Managing Member)
Issuer symbol
MITAU
Transactions as of
10 Aug 2021
Net transactions value
$0
Form type
4
Filing time
12 Aug 2021, 16:31:04 UTC
Previous filing
24 Jun 2021
SEC
View on sec.gov

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 MITAU Class B ordinary share Other $0 -187,500 -4.8% $0.000000 3,750,000 10 Aug 2021 Class A ordinary share 187,500 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-254513) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F2 As contemplated in connection with the initial public offering of the Issuer, 187,500 Class B ordinary shares of the Issuer were forfeited by Coliseum Acquisition Sponsor LLC (the "Sponsor") to the Issuer for no consideration and cancelled because the underwriters of the Issuer's initial public offering did not exercise their over-allotment option as described in the Issuer's registration statement.
F3 Daniel Haimovic and Jason Stein, both Co-Chief Executive Officers and Directors of the Issuer, are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of Messrs. Haimovic and Stein may be deemed to share beneficial ownership of the Class B ordinary shares held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.