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InFinT Acquisition Corp(IFIN.US) 10% Shareholder Sells US$1.2 Million in Common Stocks

moomoo News ·  Feb 23 17:21

$InFinT Acquisition Corp (IFIN.US)$ 10% Shareholder COWEN INC. sold 105.57K shares of Common Stocks on Feb 21, 22, 2024 at an average price of $11.35 for a total value of $1.2 million.

This transaction involves other related parties: Cowen Financial Products LLC, COWEN AND COMPANY, LLC, Cowen Holdings, Inc. and RCG LV Pearl LLC.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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