Darwin Global Management, Ltd. - 27 Jun 2023 Form 4 Insider Report for Ambrx Biopharma Inc.

Role
10%+ Owner
Signature
Darwin Global Management, Ltd. By: /s/ John Legge, Director and Chief Financial Officer
Issuer symbol
N/A
Transactions as of
27 Jun 2023
Net transactions value
+$74,999,998
Form type
4
Filing time
28 Jun 2023, 16:45:44 UTC
Previous filing
08 Mar 2023

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 AMAM American Depository Shares ("ADSs") Purchase $74,999,998 +5,384,063 +48% $13.93 16,688,636 27 Jun 2023 Ordinary Shares 37,688,441 $0.000000 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each ADS represents 7 ordinary shares, par value $0.0001 per share ("Ordinary Shares").
F2 Securities held for the accounts of certain investment funds and accounts for which Darwin Global Management, Ltd. ("Darwin Global") acts as investment manager, including Darwin Global Master Fund, Ltd. ("Master Fund"). The sole shareholder of Darwin Global is controlled by Dr. Abhishek Trehan ("Dr. Trehan").
F3 For purposes of Section 16 of the Securities Exchange Act of 1934, each of Darwin Global, Master Fund and Dr. Trehan expressly disclaims neficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any of Darwin Global, Master Fund or Dr. Trehan is the beneficial owner of such securities for purposes of Section 16 or any other purpose.