4 unchanged sentences
Holders of Record
−Removed: As of March 1, 2023, there were 11 shareholders of record of our Common Stock and 3 holders of record of our warrants to purchase our Common Stock.
+Added: As of February 21, 2024, there were 10 shareholders of record of our Common Stock and 3 holders of record of our warrants to purchase our Common Stock.
The number of holders of record does not include a substantially greater number of “street name” holders or beneficial holders, whose shares and/or warrants are held of record by banks, brokers and other financial institutions.
8 unchanged sentences
Sales of Unregistered Equity Securities
−Removed: The information required has been previously disclosed in our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2022.
+Added: Other than the information that has been previously disclosed in our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2022, there were no unregistered sales of equity securities for the twelve months ended December 31, 2023, or for the period between September 30, 2022 and December 31, 2022.
Use of Proceeds
4 unchanged sentences
Of the gross proceeds received from ABIC’s initial public offering, the full exercise of the over-allotment option and the sale of private placement warrants in connection with the initial public offering, $400 million was placed in a trust account.
−Removed: On September 26, 2022, we issued (i) 20,000,000 shares of Common Stock as part of a PIPE Investment at a price per share of $10.00, generating gross proceeds of $200,000,000 and (ii) 10,000,000 shares of Common Stock as part of the H-D Backstop Amount at a price per share of $10.00, generating gross proceeds of $100,000,000.
−Removed: After deducting payments to existing stockholders of approximately $368.1 million in connection with their exercise of redemption rights, the remaining balance immediately prior to the Closing (as defined herein) of approximately $34 million remained in the trust account.
−Removed: The remaining amount in the trust account and the PIPE Investment were used to fund the Merger and related transaction expenses.
+Added: On September 26, 2022, (i) pursuant to investments agreements entered into in connection with the Business Combination, we issued 10,000,000 shares of Common Stock to KYMCO Group at a price per share of $10.00, generating gross proceeds of $100,000,000, (ii) pursuant to the Business Combination and an investments agreement entered into in connection with the Business Combination, we issued 10,000,000 shares of Common Stock to the Legacy LiveWire Equityholder at a price per share of $10.00, generating gross proceeds of $100,000,000 and (iii) 10,000,000 shares of Common Stock as part of the H-D Backstop Amount (as defined herein) at a price per share of $10.00, generating gross proceeds of $100,000,000.
+Added: After deducting payments to existing stockholders of approximately $368.1 million in connection with their exercise of redemption rights, the remaining balance immediately prior to closing of the Business Combination (the “Closing”) (as defined herein) of approximately $34 million remained in the trust account.
+Added: The remaining amount in the trust account and the PIPE Investment were used to fund the Business Combination and related transaction expenses.
Purchases of Equity Securities
−Removed: We did not repurchase shares of our Common Stock during the three months ended December 31, 2022.
+Added: The Company’s share repurchases, which consisted of shares of Common Stock surrendered to satisfy withholding taxes in connection with the vesting of restricted stock units were as follows during the quarter ended December 31, 2023:
+Added: 2023 Fiscal Date of Vest Total Number of Shares Repurchased Average Price Per Share Paid Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
+Added: December 1 - December 31 180,055 $ 10.94 — —
+Added: The LiveWire Group, Inc.
+Added: 2022 Incentive Award Plan provides that the withholding obligations be settled by the Company retaining shares that are part of the award.
+Added: During the fourth quarter of 2023, the Company retained 180 thousand shares of common stock to satisfy withholding taxes in connection with the vesting of restricted stock units.
Stock Performance Graph
11 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.