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Filing Details

Accession Number:: 0000950170-23-026623
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-06 16:05:46
Reporting Period:: 2023-06-06

Accepted Time:: 2023-06-06 16:05:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1758488	Onespaworld Holdings Ltd	OSW	Services-Personal Services (7200)	C5

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1018946	Ltd Leisure Steiner	Office Number 2, Pineapple Business Park Airport Industrial Park, P.o Box N-624 Nassau C5 00000		No	No	No	No
1770497	Nemo Investor Aggregator, Ltd	C/O Mourant Ozannes Corporate Services 94 Solaris Avenue, Po Box 1348 Camana Bay, Grand Cayman E9 0000		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
Common Shares	Disposition	2023-06-06	1,350,000	$9.63	11,160,760	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes

Footnotes

The reported sale was effected pursuant to an exercise by the underwriters of their option to purchase additional common shares of OneSpaWorld Holdings, Ltd. (the "Issuer") in connection with a previously reported underwritten public offering (the "Secondary Offering") that originally closed on May 19, 2023. The common shares sold by Steiner Leisure Ltd. ("SLL") consisted of 1,350,000 voting shares of the Issuer and the sale of such additional common shares closed on June 6, 2023.
This amount represents a public offering price of $10.00 per share of the Issuer, less an underwriting discount of $0.375 per share for shares sold in the Secondary Offering.
Steiner Leisure Ltd is controlled by Nemo Investor Aggregator, Limited, a Cayman Islands exempted company. Nemo Investor Aggregator, Limited is governed by a board of directors consisting of seven directors. Each director has one vote, and the approval of a majority of the directors is required to approve an action of Nemo Investor Aggregator, Limited. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities.
(Continued from footnote 3) Based upon the foregoing analysis, no director of Nemo Investor Aggregator, Limited exercises voting or dispositive control over any of the securities held by Steiner Leisure Ltd, even those in which he or she directly holds a pecuniary interest. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares.