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