Vikas Desai - Oct 14, 2021 Form 3 Insider Report for Achari Ventures Holdings Corp. I (AVHI)

Role: Chief Executive Officer, Director
Signature: /s/ Vikas Desai
Stock symbol: AVHI
Transactions as of: Oct 14, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/14/2021, 06:07 PM
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AVHI	Common Stock, $0.0001 par value						2.88M	Oct 14, 2021	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in registration statement on Form S-1 (File No. 333-258476) of Achari Ventures Holdings Corp. I (the Issuer) , as amended (the Registration Statement), such amount includes 375,000 shares of common stock, par value $0.0001 per share (the Common Stock), of the Issuer subject to forfeiture to the extent that the underwriters do not fully or partially exercise their over-allotment option in the initial public offering of the Common Stock.
F2	As described in the Registration Statement, Achari Sponsor Holdings I LLC, a Delaware limited liability company (the Sponsor), is the record holder of such shares. Mr. Desai is the sole managing member of the Sponsor. As such, Mr. Desai may be deemed to have beneficial ownership of the Common Stock held directly by the Sponsor. Mr. Desai disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Content

As described in registration statement on Form S-1 (File No. 333-258476) of Achari Ventures Holdings Corp. I (the Issuer) , as amended (the Registration Statement), such amount includes 375,000 shares of common stock, par value $0.0001 per share (the Common Stock), of the Issuer subject to forfeiture to the extent that the underwriters do not fully or partially exercise their over-allotment option in the initial public offering of the Common Stock.

As described in the Registration Statement, Achari Sponsor Holdings I LLC, a Delaware limited liability company (the Sponsor), is the record holder of such shares. Mr. Desai is the sole managing member of the Sponsor. As such, Mr. Desai may be deemed to have beneficial ownership of the Common Stock held directly by the Sponsor. Mr. Desai disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.