Filing Details
- Accession Number:
- 0001094891-16-000393
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-01-19 11:51:52
- Reporting Period:
- 2015-12-23
- Filing Date:
- 2016-01-19
- Accepted Time:
- 2016-01-19 11:51:52
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1588869 | Cambridge Capital Acquisition Corp | CAMB | Blank Checks (6770) | 463774077 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1521416 | B. Scott Laurans | C/O Cambridge Capital Acquisition Corp 525 South Flagler Drive, Suite 201 West Palm Beach FL 33401 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2015-12-23 | 20,644 | $0.00 | 83,702 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-12-23 | 83,702 | $0.00 | 0 | No | 4 | D | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | D | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants | Disposition | 2015-12-23 | 44,346 | $0.00 | 44,346 | $11.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2015-12-23 | 2018-12-23 | No | 4 | D | Direct |
Footnotes
- These securities were transferred to third parties as consideration for such third parties purchasing shares of common stock of the issuer and agreeing not to seek conversion of such shares in connection with the issuer's business combination with Ability Computer & Software Industries Ltd.
- On September 6, 2015, Cambridge Capital Acquisition Corporation (the "Issuer"), Cambridge Holdco Corp. ("Holdco"), Ability Computer & Software Industries Ltd. ("Ability") and the shareholders of Ability entered into an Agreement and Plan of Reorganization (the "Merger Agreement"), pursuant to which, and subject to the terms and conditions thereof, on December 23, 2015 (the "Closing Date") the Issuer merged with and into Holdco, with Holdco surviving the merger. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, Mr. Laurans disposed of 83,702 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.
- On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the Warrants were assumed by Holdco in the Merger.