Calvin Kung - Jan 3, 2025 Form 4 Insider Report for Finnovate Acquisition Corp. (FNVTF)

Role
Chief Executive Officer, Director
Signature
/s/ Calvin Kung
Stock symbol
FNVTF
Transactions as of
Jan 3, 2025
Transactions value $
$0
Form type
4
Date filed
1/8/2025, 04:30 PM
Previous filing
May 19, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNVTF Class A Ordinary Shares, par value $0.0001 per share Other $0 +25K $0.00 25K Jan 3, 2025 Direct 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 FNVTF Class B Ordinary Share, par value $0.0001 per share Other +1 1 Jan 3, 2025 Class A Ordinary Share 1 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents pro rata distribution by Finnovate Sponsor, LP (the "Sponsor") to its partners (the "Sponsor Distribution"). No consideration was paid in connection with the transaction reported herein.
F2 The Class B ordinary share is held of record by Sunorange Limited, which received such share in the Sponsor Distribution. Calvin Kung serves as the sole directors of Sunorange Limited. The Class B ordinary share is convertible into Class A ordinary share on a one-for-one basis, subject to certain adjustment, automatically upon the Issuer's initial business combination, or earlier at the election of the holder, and has no expiration date.