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

Role
10%+ Owner
Signature
/s/ Fan Yu, as manager
Stock symbol
ABGI
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 03:00 PM
Previous filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABGI Class A ordinary shares Disposed to Issuer $0 -501K -100% $0.00* 0 Mar 1, 2023 Direct F1, F2

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 -3.67M -100% $0.00 1 Mar 1, 2023 Class A ordinary shares 3.67M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reflects the surrender to the Issuer of 3,668,749 Class B ordinary shares (the "Class B Shares") and 501,300 Class A ordinary shares for no consideration by the Reporting Person pursuant to a Share Surrender Letter, dated March 1, 2023, by and between the Issuer and the Reporting Person.
F2 The Reporting Person is the record holder of the shares reported herein. Fan Yu and Andrew Chee On Pang are the managers of the Reporting Person and together have voting and investment discretion with respect to the ordinary shares held of record by the Reporting Person. Mr. Yu has sole discretion with respect to the appointment and replacement of managers.
F3 The 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.