other material
confidence high
sentiment neutral
materiality 0.50
Relativity Acquisition Corp converts 3.59M Class B shares to Class A; Sponsor transfers shares
Relativity Acquisition Corp
- Issued 3,593,749 Class A shares upon conversion of equal number of Class B shares.
- After conversion, 4,400,794 Class A shares outstanding and 1 Class B share.
- Sponsor held 3,033,905 Class A and 1 Class B after conversion, then transferred 533,525 Class A to members.
- Sponsor now holds 2,500,380 Class A and 1 Class B, plus 653,750 Class A underlying private placement units.
- Issuance exempt from registration under Section 3(a)(9).