AI assistant
ESH Acquisition Corp. — Director's Dealing 2023
Jun 21, 2023
34643_dirs_2023-06-21_18f7e037-dfd8-47c3-acbc-bda7662bef42.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ESH Acquisition Corp. (ESHAU)
CIK: 0001918661
Period of Report: 2023-06-16
Reporting Person: FRANCIS JAMES L (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-16 | Warrants to purchase Class A common stock | $11.5 | P | 6320000 | Acquired | Class A common stock (6320000) | Direct |
Footnotes
F1: ESH Sponsor LLC (the "Sponsor") purchased 6,320,000 warrants, as described in the issuer's registration statement on Form S-1 (File No. 333-265226) (the "S-1"), in a private placement of warrants at a price of $1.00 per private placement warrant. Each whole private placement warrant is exercisable to purchase one Class A common stock at a price of $11.50 per share.
F2: James Francis is the manager (the "Manager") of ESH Sponsor LLC (the "Sponsor") and, in such capacity, has voting and dispositive power with respect to the securities held of record by the Sponsor and, as such, may be deemed to have shared beneficial ownership of such securities with the Sponsor. The Manager disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest it may have therein, directly or indirectly.
F3: The warrants will become exercisable on the later of 30 days after the completion of ESH Acquisition Corp.'s initial business combination or 12 months from the closing of ESH Acquisition Corp.'s initial public offering, and will expire 5 years after the completion of ESH Acquisition Corp.'s initial business combination or earlier upon redemption or liquidation, as described in the S-1.