Achari Sponsor Holdings I LLC - Nov 29, 2021 Form 4 Insider Report for Achari Ventures Holdings Corp. I (AVHI)

Role
10%+ Owner
Signature
Achari Sponsor Holdings I LLC, By: /s/ Vikas Desai, Name: Vikas Desai, Title: Managing Member
Stock symbol
AVHI
Transactions as of
Nov 29, 2021
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 10:42 AM
Previous filing
Oct 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVHI Common Stock, par value $0.0001 Other $0 -375K -13.04% $0.00 2.5M Nov 29, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in Achari Ventures Holdings Corp. I's (the "Issuer") registration statement on Form S-1 (File No. 333-258476), as amended (the "Registration Statement") and the Reporting Person's Initial Statement of Beneficial Ownership of Securities on Form 3, there were 375,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), subject to forfeiture to the extent that the underwriters did not fully or partially exercise their over-allotment option in the Issuer's initial public offering of its securities. The underwriters did not exercise their over-allotment option, resulting in the Reporting Person forfeiting 375,000 shares of Common Stock.