Michael Stanley Tomczyk - 18 Oct 2021 Form 3 Insider Report for Fintech Ecosystem Development Corp.

Role
Director
Signature
/s/ By: Saiful Khandaker, as Attorney-in-Fact, for Michael Tomczyk
Issuer symbol
N/A
Transactions as of
18 Oct 2021
Net transactions value
$0
Form type
3
Filing time
22 Oct 2021, 19:21:47 UTC

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 FEXD Class B Ordinary Shares 18 Oct 2021 Class A Ordinary Shares 10,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Class B Ordinary Share will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.
F2 Includes 375,000 Class B Ordinary Shares which are subject to forfeiture for no consideration depending on the extent to which the underwriters to the Issuer's initial public offering exercise their over-allotment option.

Remarks:

Exhibit 24 - Power of Attorney