FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Alvarium Tiedemann Holdings, Inc. [ ALTI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/03/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 01/03/2023 | C | 6,431,431(1) | A | $0.00(1) | 6,431,431 | I | See Footnote(2) | ||
Class A Common Stock | 01/03/2023 | A | 2,861(3) | A | $9.8 | 6,434,292 | I | See Footnote(2) | ||
Class A Common Stock | 01/03/2023 | A | 11,840(4) | A | $0.00(4) | 109,192 | I | See Footnote(5) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B ordinary shares | (1) | 01/03/2023 | C(1) | 6,431,431(1) | (1) | (1) | Class A Common Stock | 6,431,431 | $0.00 | 2,118,569 | I | See Footnote(2) | |||
Class B ordinary shares | (6) | 01/03/2023 | J(6) | 2,118,569(6) | (6) | (6) | Class A Common Stock | 2,118,569 | $0.00 | 0 | I | See Footnote(2) | |||
Warrants | $11.5 | 01/03/2023 | J(7) | 8,900,000(7) | (8) | (8) | Class A Common Stock | 8,900,000 | $0.00 | 0 | I | See Footnote(2) | |||
Warrants | $11.5 | (8) | (8) | Class A Common Stock | 4,040,663 | 4,040,663 | I | See Footnote(5) |
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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Explanation of Responses: |
1. The Class B ordinary shares are convertible for shares of Class A Common Stock as described in the Issuer's Registration Statement on Form S-4 (File No. 333-262644) (the "Registration Statement") and have no expiration date. On January 3, 2023, the Issuer consummated its initial business combination (the "Business Combination"). In connection with the Business Combination, 6,431,431 Class B ordinary shares held by CGC Sponsor LLC (the "Sponsor") converted into Class A Common Stock on a one-for-one basis. |
2. Represents securities held by the Sponsor. Pangaea Three-B, LP is the sole member of the Sponsor, and is controlled by Peter Yu. Consequently, each of Pangaea Three-B, LP and Mr. Yu may be deemed to share voting and dispositive control over the securities held by the Sponsor, and thus to share beneficial ownership of such securities. Mr. Yu disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein. |
3. These shares of Class A Common Stock were acquired by the Sponsor in a private placement upon consummation of the Business Combination. |
4. These shares of Class A Common Stock were acquired upon consummation of the Business Combination for no additional consideration. |
5. Represents securities held by Pangaea Three, LP. Pangaea Three-B, LP is controlled by Peter Yu. Consequently, Mr. Yu may be deemed to share voting and dispositive control over the securities held by Pangaea Three-B, LP, and thus to share beneficial ownership of such securities. Mr. Yu disclaims beneficial ownership of the securities held by Pangaea Three-B, LP, except to the extent of his pecuniary interest therein. |
6. The Class B ordinary shares are convertible for shares of Class A Common Stock as described in the Issuer's Registration Statement and have no expiration date. On January 3, 2023, the Sponsor forfeited 2,118,569 Class B ordinary shares in connection with the consummation of the Business Combination. |
7. On January 3, 2023, the Sponsor forfeited 8,900,000 warrants in connection with the consummation of the Business Combination. |
8. Each warrant shall become exercisable on February 2, 2023, 30 days after the completion of the Business Combination as described in the Issuer's Registration Statement. Each warrant shall expire on January 3, 2028, five years after the completion of the Business Combination, or earlier upon redemption or liquidation, as described in the Issuer's Registration Statement. |
Remarks: |
/s/ Adam Namoury, Attorney-in-Fact | 01/04/2023 | |
/s/ Adam Namoury, Attorney-in-Fact | 01/04/2023 | |
/s/ Adam Namoury, Attorney-in-Fact | 01/04/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |