DSAC PARTNERS LLC - 23 Sep 2021 Form 3 Insider Report for Direct Selling Acquisition Corp. (DSAQ)

Role
10%+ Owner
Signature
/s/ Jaewon Chang, as attorney-in-fact
Issuer symbol
DSAQ
Transactions as of
23 Sep 2021
Net transactions value
$0
Form type
3
Filing time
23 Sep 2021, 17:43:14 UTC
Next filing
02 Apr 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DSAQ Class B Common Stock 23 Sep 2021 Class A Common Stock 5,750,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock are convertible for the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-258997) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Person include up to 750,000 Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney