Fifth Era Acquisition Sponsor I LLC bought FERA

March 3, 2025 · Form 4 insider transaction

Fifth Era Acquisition Sponsor I LLC bought 380,000 shares of Fifth Era Acquisition Corp I at $10.00 per share, a transaction worth $3.80M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
380,000
Price
$10.00
Total value
$3.80M
Role—
SecurityClass A ordinary shares
Transaction codeP: Open-market purchase
Transaction dateMarch 3, 2025
Filing dateMarch 4, 2025
Shares owned after380,000
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Reflects the 380,000 Class A ordinary shares of Fifth Era Acquisition Corp I (the "Issuer") that are included in the 380,000 private placement units of the Issuer purchased by Fifth Era Acquisition Sponsor I LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination.; The Sponsor is the record holder of the shares reported herein. Fifth Era Management Sponsor I LLC ("FEMS") is the managing member of the Sponsor. Matthew Le Merle, Alison Davis and Mitchell Mechigian are the managing members of FMS and hold voting and investment discretion with respect to the Class B ordinary shares held of record by the Sponsor. As such, Mr. Le Merle, Ms. Davis and Mr. Mechigian may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Le Merle, Ms. Davis and Mr. Mechigian disclaim any beneficial ownership except to the extent of their pecuniary interest therein.

View the original Form 4 on SEC EDGAR