0000950103-22-014212.txt : 20220818 0000950103-22-014212.hdr.sgml : 20220818 20220818200204 ACCESSION NUMBER: 0000950103-22-014212 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211206 FILED AS OF DATE: 20220818 DATE AS OF CHANGE: 20220818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zesati Humberto CENTRAL INDEX KEY: 0001795876 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41269 FILM NUMBER: 221178658 MAIL ADDRESS: STREET 1: C/O MAPLES CORPORATE SERVICES LIMITED STREET 2: PO BOX 309, UGLAND HOUSE CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LIV Capital Acquisition Corp. II CENTRAL INDEX KEY: 0001875257 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TORRE VIRREYES, PEDREGAL NO. 24 STREET 2: PISO 6-601, MOLINO DEL REY CITY: MEXICO CITY STATE: O5 ZIP: 11040 BUSINESS PHONE: 52 55 1100 2470 MAIL ADDRESS: STREET 1: TORRE VIRREYES, PEDREGAL NO. 24 STREET 2: PISO 6-601, MOLINO DEL REY CITY: MEXICO CITY STATE: O5 ZIP: 11040 4 1 dp178806_4-zesati.xml FORM 4 X0306 4 2021-12-06 0 0001875257 LIV Capital Acquisition Corp. II LIVB 0001795876 Zesati Humberto C/O LIV CAP,TORRE VIRREYES, PEDREGAL #24 PISO 6-601, COL. MOLINO DEL REY CIUDAD DE MEXICO O5 CP11040 MEXICO 1 0 0 0 Class S Unit 2021-12-06 4 P 0 200000 A Class B Ordinary Shares 200000 200000 D Class W Unit 2021-12-06 4 P 0 200000 A Warrants (right to buy) 200000 200000 D Class S Unit 2022-08-16 4 J 0 549915 A Class B Ordinary Shares 549915 549915 D Class W Unit 2022-08-16 4 J 0 1404336 A Warrants (right to buy) 1404336 1404336 D Class S Unit 2022-08-16 4 C 0 200000 D Class B Ordinary Shares 200000 0 D Class W Unit 2022-08-16 4 C 0 200000 D Warrants (right to buy) 200000 0 D Class S Unit 2022-08-16 4 C 0 549915 D Class B Ordinary Shares 549915 0 D Class W Unit 2022-08-16 4 C 0 1404336 D Warrants (right to buy) 1404336 0 D Class B Ordinary Shares 2022-08-16 4 C 0 200000 A Class A Ordinary Shares 200000 200000 D Class B Ordinary Shares 2022-08-16 4 J 0 200000 D Class A Ordinary Shares 200000 0 D Class B Ordinary Shares 2022-08-16 4 C 0 549915 A Class A Ordinary Shares 549915 549915 D Class B Ordinary Shares 2022-08-16 4 J 0 549915 D Class A Ordinary Shares 549915 0 D Warrants (right to buy) 2022-08-16 4 C 0 200000 A Warrants (right to buy) 200000 200000 D Warrants (right to buy) 2022-08-16 4 J 0 200000 D Warrants (right to buy) 200000 0 D Warrants (right to buy) 2022-08-16 4 C 0 1404336 A Warrants (right to buy) 1404336 1404336 D Warrants (right to buy) 2022-08-16 4 J 0 1404336 D Warrants (right to buy) 1404336 0 D Promissory Note (right to acquire) 2022-08-16 4 J 0 749915 A Class A Ordinary Shares 749915 749915 D Promissory Note (right to acquire) 2022-08-16 4 J 0 1604336 A Warrants (right to buy) 1604336 1604336 D The price paid for each Unit (described herein) was $5.00 per unit. Each Unit comprised one Class B Ordinary Share (in the form of a Class S Unit) and one private warrant representing the right to purchase ordinary shares ("Warrants") (in the form of a Class W Unit). The Class S Units and Class W Units did not include an expiration date. On August 17, 2022, LIV Capital Acquisition Corp. II (the "Issuer"), Covalto Ltd. ("Covalto") and Covalto Merger Sub Ltd. entered into a Business Combination Agreement (the "Agreement"). In connection with, and prior to, the execution of the Agreement, LIV Capital Acquisition Sponsor II, L.P. (the "Sponsor") granted to the Reporting Person Class S Units representing a right to receive Class B Ordinary Shares and Class W Units representing a right to receive Warrants. In connection with the execution of the Agreement, the Issuer, Sponsor and certain limited partners entered into a redemption agreement on August 16, 2022 (the "Redemption Agreement"). Pursuant to the Redemption Agreement, prior to the execution of the Agreement, the Sponsor withdrew the Reporting Person's (i) Class S Units in exchange for Class B Ordinary Shares and (ii) Class W Units in exchange for Warrants (the "Withdrawal"). Following the Withdrawal, the Issuer repurchased each Class B Ordinary Share and Warrant in exchange for a promissory note in the amount of $1,016,616.49 (the "Promissory Note"). In connection with the execution of the Agreement, Issuer, Sponsor, Covalto and certain limited partners entered into a contribution agreement on August 17, 2022 (the "Contribution Agreement"). Pursuant to the Contribution Agreement, following the closing of the transactions set forth in the Agreement (the "Closing"), the Reporting Person will contribute the Promissory Note to Covalto as full and adequate consideration for Class A Ordinary Shares and Warrants. Following the Closing, Covalto will contribute the Promissory Note to the Issuer in exchange for Class A Ordinary Shares and Warrants and the Promissory Note will be cancelled. /s/ Mariana Romero, as attorney-in-fact for Humberto Zesati 2022-08-18