Home > Insider Trading > Filing (0000899243-21-039630)

Filing Details

Accession Number:: 0000899243-21-039630
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-10-07 19:21:28
Reporting Period:: 2021-10-05

Accepted Time:: 2021-10-07 19:21:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1838513	Marblegate Acquisition Corp.	GATEU	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1492331	Andrew Milgram	C/O Ellenoff Grossman &Amp; Schole Llp 1345 Avenue Of The Americas New York NY 10105	Chief Executive Officer	Yes	Yes	No	No
1492337	Paul Arrouet	C/O Ellenoff Grossman &Amp; Schole Llp 1345 Avenue Of The Americas New York NY 10105	President	Yes	Yes	No	No
1884881	Marblegate Acquisition Llc	C/O Ellenoff Grossman &Amp; Schole Llp 1345 Avenue Of The Americas New York NY 10105		No	No	Yes	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	2021-10-05	610,000	$10.00	610,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

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	2021-10-05	2,473,864	$0.00	2,473,864	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
9,336,969			No	4	J	Direct

Footnotes

Consists of 610,000 placement units purchased by Marblegate Acquisition LLC (the "Sponsor") for $10.00 per unit in a private placement transaction with the registrant. Each such unit consists of one share of Class A common stock and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment.
The Sponsor is the record holder of the securities reported herein. Marblegate Asset Management, LLC ("MAM") is the managing member of the Sponsor and each of Andrew Milgram and Paul Arrouet are managing partners of MAM. Messrs. Milgram and Arrouet may be deemed to have shared beneficial ownership of the shares held by the Sponsor by virtue of their control over the Sponsor, as managing partners of the Sponsor's managing member. Messrs. Milgram and Arrouet each disclaims beneficial ownership of the common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares.
As described in the registrant's registration statement on Form S-1 (File No. 333-259422) 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 registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
In connection with the closing of the registrant's initial public offering, the Sponsor transferred these shares to various anchor investors pursuant to investment agreements by and among the registrant, the Sponsor and each anchor investor as described in the registrant's registration statement on Form S-1 (File No. 333-259422) under the heading "Summary - The Offering - Expressions of Interest."