February 3, 2026 · Form 4 insider transaction
Zamani Payam sold 3,061,215 shares of ISPO at $4.27 per share, a transaction worth $13.07M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Pursuant to the Merger Agreement, the warrants to purchase shares of Class A common stock held by One Planet Group were cashed out based on the excess of the Merger Consideration over the exercise price per share of the warrants.; The 4,284,928 shares of Class A common stock referenced in Box 4 included 300,000 shares of Class A common stock that are held by an affiliated entity controlled by One Planet Group LLC (One Planet Group). In his capacity as President and CEO of One Planet Group, Mr. Zamani has voting and dispositive power over the securities that are held or controlled by One Planet Group. As a result, 3,984,928 shares of Class A common stock were deemed to be directly beneficially owned by One Planet Group and indirectly beneficially owned by Mr. Zamani, while the 300,000 shares of Class A common stock described above were deemed to be indirectly beneficially owned by both One Planet Group and Mr. Zamani.