Filing Details

Accession Number:
0001213900-21-021112
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-12 06:04:23
Reporting Period:
2021-04-09
Accepted Time:
2021-04-12 06:04:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1844389 Ace Global Business Acquisition Ltd ACBAU Blank Checks (6770) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1852346 Ltd Investment Global Ace 6/F Unit B, Central 88, 88-98
Des Voeux Road, Central
Hong Kong K3 999077
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
Ordinary Shares Acquisiton 2021-04-09 304,000 $0.00 1,369,000 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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Warrants to purchase Ordinary Share Acquisiton 2021-04-09 304,000 $0.00 304,000 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
304,000 No 4 P Indirect
Footnotes
  1. The securities reported herein are held as units ("Units"), with each Unit consisting of one ordinary share, par value $0.001 per share ("Ordinary Share"), of the Company and one warrant to purchase one Ordinary Share at an exercise price of $11.50 per share (the "Warrants"). The Units are purchased for a total price of $3,040,000 with each Unit for $10.00.
  2. Joyce Yuen Wah Chan has voting and dipositive power over the shares owned by Ace Global Investment Limited.
  3. The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
  4. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.