Global Technology Acquisition I Sponsor LP - Apr 19, 2024 Form 4 Insider Report for Global Technology Acquisition Corp. I (GTAC)

Role: 10%+ Owner
Signature: Global Technology Acquisition I Sponsor LP, By: Global Technology Acquisition I Sponsor GP Ltd, its general partner, By: /s/ Arnau Porto Dolc, Director
Stock symbol: GTAC
Transactions as of: Apr 19, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/23/2024, 04:51 PM
Previous filing: Nov 27, 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	GTAC	Class B Ordinary Shares	Sale		-3.5M	-97.77%		80K	Apr 19, 2024	Class A Ordinary Shares	3.5M		Direct	F1, F2, F3
transaction	GTAC	Class B Ordinary Shares	Other		+84K	+105%		164K	Apr 19, 2024	Class A Ordinary Shares	84K		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis (i) at the Reporting Person's election and (ii) automatically at the time of the closing of the Issuer's initial business combination (the "Business Combination"), in each case subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
F2	Pursuant to a Securities Purchase Agreement (the "Agreement"), Global Technology Acquisition I Sponsor LP ("Sponsor") sold 3,500,000 Class B Ordinary Shares to HCG Opportunity II, LLC ("Purchaser") for (1) a payment of $250,000 and (2) 30% of the securities issued upon the conversion of promissory notes, each in connection with the Business Combination, pursuant to the terms of the Agreement.
F3	Sponsor is the record holder of the shares reported herein. The general partner of Sponsor is Global Technology Acquisition I Sponsor GP Ltd ("GP"), and GP has voting and investment discretion with respect to the ordinary shares held of record by Sponsor. GP is governed by a board of directors consisting of Arnau Porto, Fabrice Grinda, and Jeffrey Weinstein (the "Directors") and the approval of a majority of the Directors is required to approve any action. Each of the Directors disclaims beneficial ownership of the securities held of record by Sponsor.
F4	Pursaunt to certain Transfer Agreements enterted into by Sponsor with each of Gabriel Silva, Robert Perdue and Juan Villalonga (the "Transferors"), each of the Transferors assigned and transferred 28,000 Class B Ordinary Shares to Sponsor for no consideration.