Robert Castro - Mar 1, 2023 Form 4 Insider Report for ABG Acquisition Corp. I (ABGI)

Role
Director
Signature
/s/ Fan Yu, as attorney-in-fact for Robert Castro
Stock symbol
ABGI
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 03:00 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
transaction ABGI Class B ordinary shares Disposed to Issuer $0 -32.5K -100% $0.00* 0 Mar 1, 2023 Class A ordinary shares 32.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares ("Class B Shares") would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, with no expiration date.
F2 This Form 4 reflects the surrender to the Issuer of 32,500 Class B Shares for no consideration by the Reporting Person pursuant to the Share Surrender Letter, dated March 1, 2023, by and between the Issuer and the Reporting Person.