LatAmGrowth Sponsor LLC - Jan 24, 2022 Form 3 Insider Report for LatAmGrowth SPAC (LATG)

Role
10%+ Owner
Signature
/s/ Gerard Cremoux, Manager of LatAmGrowth Sponsor LLC
Stock symbol
LATG
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
3
Date filed
1/24/2022, 05:20 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
holding LATG Class B ordinary shares Jan 24, 2022 Class A ordinary shares 3.74M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B ordinary shares automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2 The Class B ordinary shares reported on this Form 3 include up to 487,500 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the Issuer's securities do not exercise in full their over-allotment option as described in the Issuer's registration statement on Form S-1 (File No. 333-261361).
F3 The Reporting Person is controlled by a board of managers initially consisting of Gerard Cremoux, Eduardo Cortina and Gerardo Mendoza. Any action by the Reporting Person with respect to the Class B ordinary shares held directly by the Reporting Person, including voting and dispositive decisions, requires at least a majority vote of the managers of the Reporting Person. Each manager of the Reporting Person disclaims beneficial ownership of the shares held by the Reporting Person.