Mary Haak-Frendscho, a director of Consonance-HFW Acquisition Corp., has just filed an initial statement of beneficial ownership where 35,129 shares of Consonance-HFW Acquisition Corp. 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 Haak-Frendscho. Haak-Frendscho operates out of South San Francisco, CA. Some additional info was provided as follows:
Received pursuant to the Business Combination Agreement (the "BCA"), dated April 15, 2021, by and among the Issuer (fka "Consonance-HFW Acquisition Corp"), Perseverance Merger Sub Inc. ("Merger Sub"), and Surrozen, Inc. (the "Original Surrozen"). Under the terms of the BCA, among other things, Merger Sub merged with and into the Orig inal Surrozen, with Original Surrozen surviving as a wholly-owned subsidiary of the Issuer (the "Business Combination"), the Original Surrozen changed its name to Surrozen Operating, Inc., and the Issuer changed its name to Surrozen, Inc. In addition, per the terms of the BCA, each share and equity award of the Original Surrozen outstanding as of effective time of the Business Combination was exchanged for shares of the Issuer's Common Stock or comparable equity awards that are settled or are exercisable for shares of the Issuer's Common Stock, as applicable, at the exchange ratio of 0.175648535.
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: