Owl Creek Asset Management, L.P. - 22 May 2023 Form 4 Insider Report for Progress Acquisition Corp.

Role
10%+ Owner
Signature
Owl Creek Asset Management, L.P. By: /s/ Owl Creek GP, L.L.C., its general partner By: /s/ Jeffrey A. Altman, Managing Member
Issuer symbol
N/A
Transactions as of
22 May 2023
Net transactions value
-$2,676,538
Form type
4
Filing time
23 May 2023, 15:39:31 UTC
Previous filing
19 May 2023
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGRW Ordinary Shares, no par value per share Other $2,676,538 -257,300 -100% $10.40 0 22 May 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Owl Creek Asset Management, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the liquidation and dissolution of the Issuer, the shares held by OCCOMF (as defined below) were redeemed by the Issuer.
F2 The securities to which this filing relates were held directly by Owl Creek Credit Opportunities Master Fund, L.P., a Cayman Islands exempted limited partnership ("OCCOMF"), to which Owl Creek Asset Management, L.P., a Delaware limited partnership, (the "Investment Manager") serves as investment manager. Jeffrey A. Altman ("Mr. Altman") is the managing member of the general partner of the Investment Manager. Each of the Investment Manager and Mr. Altman disclaims beneficial ownership of the securities to which this filing relates for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of his or its pecuniary interest therein, if any.