Filing Details

Accession Number:
0001615774-17-005114
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-15 14:51:13
Reporting Period:
2017-09-13
Accepted Time:
2017-09-15 14:51:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1708410 I-Am Capital Acquisition Co IAMXU () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1367774 Suhel Kanuga 1345 Avenue Of The Americas, 2Nd Floor
New York NY 10105
Chief Financial Officer Yes Yes Yes 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 2017-09-13 137,500 $0.00 1,554,500 No 4 J Indirect See Footnote
Common Stock Acquisiton 2017-09-13 7,000 $10.00 1,561,500 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See Footnote
No 4 P Indirect See Footnote
Footnotes
  1. As contemplated in connection with the initial public offering of the issuer, 137,500 shares of common stock of the issuer were returned by I-AM Capital Partners LLC (the "Sponsor") to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full. Mr. Kanuga is a managing member of the Sponsor. Consequently, he may be deemed the beneficial owner of the shares of common stock held by the Sponsor and shares voting and dispositive control over such securities, and thus shares beneficial ownership of such securities. Mr. Kanuga disclaims beneficial ownership over any securities owned by the Sponsor in which he does not have a pecuniary interest.
  2. These shares are underlying units (each unit consisting of one share of common stock, one right entitling the holder thereof to receive one-tenth (1/10) of one share of common stock upon the consummation of an initial business combination and one warrant to purchase one share of common stock) held by the Sponsor, pursuant to an amended and restated unit purchase agreement by and between Sponsor and the issuer.