Entity tied to Abony Acquisition (AACOU) CEO buys 465,000 units with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abony Acquisition Corp. I reported that Abony Sponsor I LLC, an entity associated with Chief Executive Officer Lorne Abony, purchased 465,000 private placement units in connection with the company’s initial public offering. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, at a price of $10.00 per unit, for total consideration of $4,650,000. The 465,000 Class A shares reported on the Form 4 reflect the share component of these units, which are held of record by the sponsor. Mr. Abony, as managing member of the sponsor, has voting and investment discretion over these securities but disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Buy
1 txn
Insider
Abony Lorne
Role
Chief Executive Officer
Bought
465,000 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A ordinary shares | 465,000 | $0.00 | -- |
Holdings After Transaction:
Class A ordinary shares — 465,000 shares (Indirect, See footnote)
Footnotes (1)
- Simultaneously with the consummation of Abony Acquisition Corp. I's (the "Issuer") initial public offering, Abony Sponsor I LLC (the "Sponsor") purchased 465,000 private placement units ("Private Placement Units"), each consisting of (i) one Class A ordinary share and (ii) one-third of one redeemable warrant, at a price of $10.00 per unit, or $4,650,000 in the aggregate. Reflects the 465,000 Class A ordinary shares comprising part of the Private Placement Units. The Sponsor is the record holder of such shares. Lorne Abony is the managing member of the Sponsor, and has voting and investment discretion with respect to the securities held of record by the Sponsor. Mr. Abony disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
FAQ
What insider transaction did Abony Acquisition Corp. I (AACOU) report?
Abony Acquisition Corp. I reported a purchase of 465,000 private placement units by Abony Sponsor I LLC. These units include Class A shares and warrants and were bought in connection with the company’s initial public offering at $10.00 per unit, totaling $4,650,000.
What price did the Abony Acquisition (AACOU) sponsor pay for the private placement units?
Abony Sponsor I LLC paid $10.00 per private placement unit. With 465,000 units purchased in connection with Abony Acquisition Corp. I’s initial public offering, the aggregate purchase price disclosed was $4,650,000, combining both the share and warrant components of each unit.
What securities are included in Abony Acquisition (AACOU) private placement units?
Each private placement unit consists of one Class A ordinary share and one-third of one redeemable warrant. The Form 4 highlights the 465,000 Class A ordinary shares that form part of the 465,000 private placement units purchased by Abony Sponsor I LLC.