Home > Insider Trading > Filing (0001140361-21-028937)

Filing Details

Accession Number:: 0001140361-21-028937
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-19 21:12:18
Reporting Period:: 2021-08-17

Accepted Time:: 2021-08-19 21:12:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1857662	Axonprime Infrastructure Acquisition Corp	APMIU	Blank Checks (6770)	863116385

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1864565	Dinakar Singh	C/O Axonprime Infrastructure Acquisition 126 E 56Th St, 30Th Floor New York NY 10022	Chief Executive Officer	No	No	No	No
1875218	Axonprime Infrastructure Sponsor Jv Llc	C/O Axonprime Infrastructure Acquisition 126 E 56Th St, 30Th Floor New York NY 10022		No	No	No	No
1875223	Axonprime Infrastructure Sponsor Llc	126 E 56Th St, 30Th Floor New York NY 10022		No	No	No	No
1875411	Dakin Sloss	C/O Axonprime Infrastructure Acquisition 126 E 56Th St, 30Th Floor New York NY 10022		No	No	No	No
1875908	Prime Infrastructure Sponsor Llc	C/O Axonprime Infrastructure Acquisition 126 E 56Th St, 30Th Floor New York NY 10022		No	No	No	No
1876164	Axon Infrastructure Sponsor Llc	C/O Axonprime Infrastructure Acquisition 126 East 56Th St, 30Th Floor New York NY 10022		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-08-17	1,500,000	$10.00	1,500,000	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2021-08-17	650,000	$0.00	650,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,587,500			No	4	S	Direct

Footnotes

Represents 1,500,000 shares of Class A Common Stock acquired in connection with the purchase of 1,500,000 units of the issuer (each consisting of one share of Class A Common Stock and one-third of one redeemable warrant) indirectly through Axon Partners, LP, which is the record holder of such shares. Axon Partners, LP is controlled by Dinakar Singh. Axon Partners, LP, together with Axon Capital LP, its investment manager, which is also controlled by Mr. Singh, has separately filed a Form 3 reporting such acquisition. The securities reported in this Form 4 do not include 500,000 shares of Class A common stock issuable upon the exercise of the warrants included as part of such units. Mr. Singh disclaims any beneficial ownership of such securities, except to the extent of his pecuniary interest therein, if any.
As described in the issuer's final prospectus filed under Rule 424(b)(4) (File No. 333-257777) (the "Prospectus") under the heading "Description of Securities--Founder Shares," the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the initial business combination of the issuer on a one-for-one basis, subject to certain adjustments, and have no expiration date.
The shares of Class B Common Stock were sold by AxonPrime Infrastructure Sponsor LLC (the "Sponsor") to certain institutional investors and qualified institutional buyers, as described in the Prospectus under the heading "Summary - The Offering - Expressions of Interest."
Includes up to 562,500 shares of Class B Common Stock which are subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised in connection with the issuer's initial public offering, as described in the Prospectus.
The Sponsor is the record holder of the securities. The Sponsor is a direct subsidiary of AxonPrime Infrastructure Sponsor JV LLC. 50% of the equity interests in AxonPrime Infrastructure Sponsor JV LLC are directly owned by Prime Infrastructure Sponsor LLC and 50% of such interests are directly owned by Axon Infrastructure Sponsor LLC. Prime Infrastructure Sponsor LLC is controlled by Dakin Sloss and Axon Infrastructure Sponsor LLC is controlled by Mr. Singh. As such, each of Messrs. Singh and Sloss may be deemed to share beneficial ownership of the securities held directly by the Sponsor. Each of Messrs. Singh and Sloss disclaim any beneficial ownership of such securities.