Claudius Tsang - 19 Nov 2024 Form 4 Insider Report for ASPAC III Acquisition Corp. (ASPCU)

Role
CEO and CFO, Director, 10%+ Owner
Signature
/s/ Claudius Tsang
Issuer symbol
ASPCU
Transactions as of
19 Nov 2024
Net transactions value
$0
Form type
4
Filing time
21 Nov 2024, 16:36:14 UTC
Previous filing
15 Nov 2024
Next filing
29 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPCU Class A Ordinary Share, no par value Purchase +5,000 +1.8% 285,000 19 Nov 2024 See footnoteone F1

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 ASPCU Rights to receive Class A Ordinary Shares Purchase +5,000 +1.8% 285,000 19 Nov 2024 Class A Ordinary Share, no par value 500 See footnoteone F2
transaction ASPCU Class B Ordinary Shares Other -81,250 -5.1% 1,500,000 19 Nov 2024 Class A Ordinary Share, no par value 81,250 See footnotethree F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the 5,000 private units obtained by A SPAC III (Holdings) Corp., the Issuer's sponsor. The private units consist of Class A ordinary shares and rights. The private units were purchased at $10 per unit for an aggregate purchase price of $50,000. Mr. Claudius Tsang is the director of A SPAC III (Holdings) Corp. Mr. Tsang has voting and dispositive power over the shares held of record by A SPAC III (Holdings) Corp.
F2 The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.
F3 On November 19, 2024, A SPAC III (Holdings) Corp. forfeited for no consideration an aggregate of 81,250 shares of Class B ordinary shares, which were subsequently cancelled by A SPAC III Acquisition Corp. The Issuer's Class B ordinary shares are convertible into the Issuer's Class A ordinary shares on a one-for-one basis at A SPAC III (Holdings) Corp.'s election and has no expiration date.