Filing Details

Accession Number:
0001213900-21-001686
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-12 16:03:32
Reporting Period:
2021-01-08
Accepted Time:
2021-01-12 16:03:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1826574 Sports Ventures Acquisition Corp. AKICU () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1323226 Alan Kestenbaum C/o Sports Ventures Acquisition Corp.
9705 Collins Ave 1901N
Bal Harbour FL 33154
Chief Executive 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
Class A Ordinary Shares Acquisiton 2021-01-08 660,000 $10.00 660,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. These shares are underlying units (each unit consisting of one Class A ordinary share and one third of one warrant, each whole warrant exercisable to purchase one Class A ordinary share) held by AKICV LLC (the "Sponsor"), acquired pursuant to a unit subscription agreement by and between the Sponsor and the issuer. Does not include 5,750,000 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
  2. Alan Kestenbaum, the Chief Executive Officer and a Director of the issuer, and Robert Tilliss, the Chief Financial Officer, President and a Director of the issuer, are the managing members of the Sponsor and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of Messrs. Kestenbaum and Tilliss may be deemed to share beneficial ownership of Class B ordinary shares held directly by the Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.