Aston Loch - Dec 14, 2021 Form 3 Insider Report for Swiftmerge Acquisition Corp. (IVCP)

Signature
/s/ Christopher J. Munyan as Attorney-in-Fact
Stock symbol
IVCP
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
3
Date filed
12/17/2021, 05:43 PM

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 IVCP Warrants Dec 14, 2021 Class A ordinary shares 5.6M Swiftmerge Holdings, LP F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported on this Form 3 are held by Swiftmerge Holdings, LP (the "Sponsor"). The reporting person controls the Sponsor, and as such, has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of the securities reported hereby except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes.
F2 As described in the issuer's registration statement on Form S-1 (File No. 333-254633) under the heading "Description of Securities-Warrants", each private placement warrant entitles the Sponsor to purchase one Class A ordinary share at a price of $11.50 per whole share at any time commencing on the later of one year from the closing of the issuer's initial public offering or 30 days after the issuer's initial business combination transaction. The warrants will expire five years after the completion of the issuer's initial business combination or earlier upon redemption or liquidation.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney