Vahanna Llc - Nov 22, 2021 Form 3 Insider Report for Vahanna Tech Edge Acquisition I Corp. (VHNA)

Role: 10%+ Owner
Signature: /s/ Jaewon Chang
Stock symbol: VHNA
Transactions as of: Nov 22, 2021
Transactions value $: $0
Form type: 3
Date filed: 11/24/2021, 11:42 AM
Next filing: Sep 22, 2023

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	VHNA	Class B ordinary shares							Nov 22, 2021	Class A ordinary shares	5M		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Vahanna LLC (the "Sponsor") directly owns 5,002,500 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), of Vahanna Tech Edge Acquisition I Corp. (the "Issuer"), including 652,500 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering does not exercise in full an option granted to it to cover over-allotments. Such Class B Shares have no expiration date and (i) are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-260748).
F2	Vinode Ramgopal and Akshaya Bhargava are the managers of the Sponsor. Mr. Ramgopal and Mr. Bhargava have voting and investment discretion with respect to the ordinary shares held of record by Vahanna LLC. As such, Mr. Ramgopal and Mr. Bhargava may be deemed to share beneficial ownership of the Class B Shares held directly by the Sponsor. Each of Mr. Ramgopal and Mr. Bhargava disclaims any beneficial ownership of the shares held by the Sponsor, except to the extent of his pecuniary interest therein.

Content

Vahanna LLC (the "Sponsor") directly owns 5,002,500 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), of Vahanna Tech Edge Acquisition I Corp. (the "Issuer"), including 652,500 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering does not exercise in full an option granted to it to cover over-allotments. Such Class B Shares have no expiration date and (i) are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-260748).

Vinode Ramgopal and Akshaya Bhargava are the managers of the Sponsor. Mr. Ramgopal and Mr. Bhargava have voting and investment discretion with respect to the ordinary shares held of record by Vahanna LLC. As such, Mr. Ramgopal and Mr. Bhargava may be deemed to share beneficial ownership of the Class B Shares held directly by the Sponsor. Each of Mr. Ramgopal and Mr. Bhargava disclaims any beneficial ownership of the shares held by the Sponsor, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24.1 Power of Attorney