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ACTT Act II Global Acquisition Corporation

10.79
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Act II Global Acquisition Corporation NASDAQ:ACTT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.79 10.95 10.98 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

26/06/2020 9:57pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Carroll John
2. Issuer Name and Ticker or Trading Symbol

Whole Earth Brands, Inc. [ FREE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
Former CEO and Director
(Last)          (First)          (Middle)

C/O WHOLE EARTH BRANDS, INC., 125 S. WACKER DRIVE, SUITE 3150
3. Date of Earliest Transaction (MM/DD/YYYY)

6/24/2020
(Street)

CHICAGO, IL 60606
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/24/2020  C  7500000 A (1)7500000 I See Footnote (2)
Common Stock 6/25/2020  J  3000000 D (3)4500000 (4)I See Footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares  (1)6/24/2020  C     7500000   (5) (5)Class A Ordinary Shares 7500000  (1)7500000 I See Footnote (2)
Warrants  (6)6/25/2020  J     6750000   (6) (6)Class A Ordinary Shares 0  (6)0 I See Footnote (2)

Explanation of Responses:
(1) Prior to the consummation of the issuer's initial business combination on June 25, 2020 (the "Business Combination"), the issuer changed its corporate structure and domicile by way of continuation from an exempted company incorporated under the laws of the Cayman Islands to a corporation incorporated under the laws of the State of Delaware (the "Domestication"). Pursuant to the Domestication, each outstanding Class B ordinary share of the issuer (the "Founder Shares") was converted into one share of the issuer's common stock (the "common stock"). The reporting persons held 7,500,000 Founder Shares prior to the Business Combination, which were converted into 7,500,000 shares of common stock upon the Domestication.
(2) These securities are held by Act II Global LLC (the "Sponsor"). John Carroll is the managing member of the Sponsor. Mr. Carroll has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Carroll disclaims beneficial ownership of the ordinary shares held by the Sponsor other than to the extent of his pecuniary interest in such shares.
(3) In connection with the consummation of the Business Combination, 3,000,000 of the Founder Shares were forfeited by the reporting persons to the issuer for no consideration.
(4) Includes 3,000,000 shares of common stock held in an escrow account, subject to vesting and forfeiture based on certain stock price thresholds for the common stock.
(5) The Founder Shares were initially convertible into Class A ordinary shares of the issuer at the time of the issuer's initial business combination as described under the heading "Description of Securities-Founder shares" in the issuer's registration statement on Form S-1 (File No. 333-230756) and had no expiration date.
(6) In connection with the consummation of the Business Combination, all of the Sponsor's private placement warrants were forfeited by the reporting persons to the issuer for no consideration.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Carroll John
C/O WHOLE EARTH BRANDS, INC.
125 S. WACKER DRIVE, SUITE 3150
CHICAGO, IL 60606

X
Former CEO and Director
Act II Global LLC
C/O WHOLE EARTH BRANDS, INC.
125 S. WACKER DRIVE, SUITE 3150
CHICAGO, IL 60606

X


Signatures
/s/ John Carroll6/26/2020
**Signature of Reporting PersonDate

/s/ John Carroll as Managing Member of Act II Global LLC6/26/2020
**Signature of Reporting PersonDate

1 Year Act II Global Acquisition Chart

1 Year Act II Global Acquisition Chart

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1 Month Act II Global Acquisition Chart

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