Yaron Valler - Dec 8, 2021 Form 3 Insider Report for Target Global Acquisition I Corp. (TGAA)

Role
Chief Investment Officer
Signature
/s/ Heiko Dimmerling, as Attorney-in-Fact for Yaron Valler
Stock symbol
TGAA
Transactions as of
Dec 8, 2021
Transactions value $
$0
Form type
3
Date filed
12/8/2021, 03:27 PM
Next filing
Aug 7, 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
holding TGAA Class B ordinary shares Dec 8, 2021 Class A ordinary shares 5.45M By Target Global Sponsor Ltd. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-253732) (the "Form S-1") under the heading "Principal Shareholders", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination (or earlier at the option of the holder) at a ratio described in the Form S-1 under the heading "Description of Securities--Founder Shares", which ratio will in no event be less than one-to-one. The shares do not have any expiration date.
F2 Includes up to 750,000 Class B ordinary shares that will be surrendered to the Issuer for no consideration by Target Global Sponsor Ltd., a Cayman Islands exempt company ("Sponsor") depending on the extent to which the underwriters of the Issuer's initial public offering exercise their over-allotment option.
F3 Sponsor is the sponsor of the Issuer. Sponsor is controlled by Shmuel Chafets, Alexander Frolov, Mikhail Lobanov and Yaron Valler, who have voting and investment discretion in respect of the Class B ordinary shares held by Sponsor and may be deemed to have shared beneficial ownership of such Class B ordinary shares. Each of Shmuel Chafets, Alexander Frolov, Mikhail Lobanov and Yaron Valler disclaims beneficial ownership of the shares held by Sponsor except to the extent of his pecuniary interest therein, directly or indirectly.