Pierre-Yves Cros - Feb 23, 2023 Form 4 Insider Report for Lazard Growth Acquisition Corp. I (LGAC)

Role
Director
Signature
/s/ Scott Hoffman, As Attorney-in-Fact for Pierre-Yves Cros
Stock symbol
LGAC
Transactions as of
Feb 23, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 03:16 PM
Previous filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGAC Class A Ordinary Shares Other $0 -30K -100% $0.00* 0 Feb 23, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 23, 2023, because the Issuer had not completed a business combination within 24 months of the closing of its initial public offering on February 12, 2021, as required by its Amended and Restated Memorandum and Articles of Association, the Issuer redeemed all issued and outstanding Class A Ordinary Shares ("Class A Shares") at a per share redemption price of $10.18941393. On February 21, 2023, The Nasdaq Stock Market LLC filed a Form 25 with the U.S. Securities and Exchange Commission ("SEC") to delist the Issuer's securities. As a result, the Class A Shares, as well as the Issuer's publicly traded units and warrants, ceased trading as of close of business on February 21, 2023. The Issuer is expected to file a Form 15 with the SEC to terminate the registration of the securities under the Securities Exchange Act of 1934, as amended. Upon the effectiveness of the Form 15, the reporting person will cease to have a reporting obligation with respect to the Issuer's securities.

Remarks:

Exhibit 24.1 - Power of Attorney (incorporated by reference from Exhibit 24.1 to the reporting person's Form 3 filed on February 9, 2021).