Wuren Fubao Inc. - 09 Aug 2022 Form 3 Insider Report for Embrace Change Acquisition Corp. (EMCG)

Role
10%+ Owner
Signature
By: /s/ Bin Li, Title: Director, /s/ Bin Li
Issuer symbol
EMCG
Transactions as of
09 Aug 2022
Net transactions value
$0
Form type
3
Filing time
09 Aug 2022, 17:21:12 UTC
Next filing
16 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EMCG Ordinary shares, par value $0.0001 1,868,750 09 Aug 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the founder shares issued to Wuren Fubao Inc. (the "Sponsor") in connection with the Company's initial public offering ("IPO") and includes 243,750 ordinary shares, par value $0.0001 (the "Ordinary Shares"), which are subject to forfeiture to the extent the underwriters of the IPO exercise their overallotment option.
F2 The shares are owned directly by the Sponsor. Mr. Bin Li is the director of the Sponsor, and has voting and dispositive power over the shares held of record by the Sponsor. Mr. Bin Li disclaims any beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.