Filing Details
- Accession Number:
- 0001104659-22-034217
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-16 07:49:47
- Reporting Period:
- 2022-03-15
- Accepted Time:
- 2022-03-16 07:49:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1750153 | Canoo Inc. | GOEV | Motor Vehicle Parts & Accessories (3714) | 831476189 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1835786 | Ltd Key Champ | Vistra Corporate Services Centre Po Box 957, Road Town Tortola D8 VG1110 | No | No | Yes | No | |
1835925 | Ltd Holdings Global Dd | Po Box 31119 Grand Pavilion Hibiscus Way, 802 West Bay Road Grand Cayman E9 KY1-1205 | No | No | Yes | No | |
1836826 | Tam Pak Li | Vistra Corporate Services Centre Po Box 957, Road Town Tortola D8 VG1110 | No | No | Yes | No | |
1836845 | Ltd Capital De | Fourth Floor, One Capital Place Po Box 847 Grand Cayman E9 KY1-1103 | No | No | 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 | 2022-03-15 | 10,500,000 | $6.53 | 14,125,801 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Equity Swap (obligation to sell) | Acquisiton | 2022-03-15 | 10,500,000 | $0.00 | 10,500,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
10,500,000 | 2022-09-17 | 2023-03-17 | Yes | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 17,189,210 | Direct |
Footnotes
- Shares were sold pursuant to a Share Purchase Agreement dated 15, 2022 between DD Global Holdings Ltd and Bank J. Safra Sarasin AG.
- Shares are held directly by DD Global Holdings Limited ("DD Global"). DD Global is wholly owned by Champ Key Limited ("Champ Key"). Champ Key is wholly owned by DE Capital Limited ("DE Capital"). DE Capital is wholly owned by Pak Tam Li ("Mr. Li"). Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by DD Global.
- Shares are held directly by Champ Key. In accordance with footnote 2 above, Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by Champ Key.
- DD Global entered into a participation note (the "Participation Note") with a counterparty under which DD Global acquired 10,500,000 notional shares of the Issuer's common stock for a price of $6.720476 per notional share. Under the Participation Note, the counterparty must redeem certain tranches of the notional shares if the Issuer's Common Stock meets certain price targets on or after September 17, 2022, which redemptions are settled in cash. If not earlier extended, the counterparty must redeem all outstanding notional shares on March 17, 2023, which final redemption is settled in cash. During the term of the Participation Note, the counterparty will pay to DD Global all dividends and similar distributions paid on an equivalent number of shares of the Issuer's common stock.