Jason Kon Wong, a major owner of Tottenham Acquisition I Ltd, has just filed an initial statement of beneficial ownership where 1,215,000 shares of Tottenham Acquisition I Ltd were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Wong. Wong operates out of Central, Hong Kong, K3. Some additional info was provided as follows:
The securities reported herein are held by Norwich Investments Limited and may be deemed to be indirectly beneficially owned by Jason Wong. Mr. Wong disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securiti
es for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the closing of the registrant's initial public offering.
The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
The rights convert automatically into ordinary shares at the completion of the registrant's initial business combination.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: