Chan Anson sold ASUUF
July 7, 2025 · Form 4 insider transaction
Chan Anson sold 8,966,000 shares of A SPAC II Acquisition Corp. at $1.00 per share, a transaction worth $8.97M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 9 days after the transaction.
Footnotes
On July 7, 2025, Anson Chan sold his interest in A SPAC II (Holdings) Corp. to Yip Tsz Yan for $98,750.00. As of the date of this report, Anson Chan no longer holds any equity interests in A SPAC II (Holdings) Corp. and therefore no longer shares the voting or dispositive power over the Issuer's shares or warrants held by A SPAC II (Holdings) Corp.; The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) May 2, 2023 (i.e., 12 months from the date of the Issuer's IPO prospectus).; The warrants expire 5 years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described in the Issuer's IPO prospectus filed with the SEC on May 3, 2022.