SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
COVA Acquisition Sponsor LLC

(Last) (First) (Middle)
530 BUSH STREET, SUITE 703

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COVA Acquisition Corp. [ COVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Ordinary Shares (1) 02/11/2021 J(2) 3,750 (1) (1) Class A Ordinary Shares 3,750 (1) 7,500,000 I See footnote(3)
1. Name and Address of Reporting Person*
COVA Acquisition Sponsor LLC

(Last) (First) (Middle)
530 BUSH STREET, SUITE 703

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Heng Jun Hong

(Last) (First) (Middle)
C/O COVA ACQUISITION CORP.
530 BUSH STREET, SUITE 703

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
Explanation of Responses:
1. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination or earlier at the option of the holders thereof as described in the Issuer's Amended and Restated Memorandum and Articles of Association.
2. On February 11, 2021, COVA Acquisition Sponsor LLC ("COVA Sponsor") forfeited, for no consideration, 3,750 Class B Shares in connection with an election by the underwriter of the Issuer's initial public offering of units to exercise, in part, an option granted to such underwriter to cover over-allotments.
3. The Class B Ordinary Shares reported as beneficially owned are held of record by COVA Sponsor. Jun Hong Heng is the managing member of CC Acquisition Sponsor Manager, LLC, the manager of COVA Sponsor and as such, has sole voting and investment power over the Class B shares held by COVA Sponsor.
Remarks:
/s/ Jun Hong Heng, managing member of CC Acquisition Sponsor Manager, LLC, manager of COVA Acquisition Sponsor LLC 02/16/2021
/s/ Jun Hong Heng 02/16/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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