Antara Capital LP - Apr 27, 2023 Form 4 Insider Report for Direct Selling Acquisition Corp. (DSAQ)

Role
10%+ Owner
Signature
Antara Capital Master Fund LP, By: Antara Capital Fund GP LLC, Its: General Partner, By: /s/ Himanshu Gulati, Name: Himanshu Gulati, Title: Sole Member
Stock symbol
DSAQ
Transactions as of
Apr 27, 2023
Transactions value $
-$5,029,128
Form type
4
Date filed
5/13/2024, 06:10 AM
Previous filing
Apr 26, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSAQ Class A Common Stock, par value $0.0001 per share Sale -$5.03M -478K -50.01% $10.53 478K Apr 27, 2023 See Footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Antara Capital LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 occurred on April 27, 2023, in an open market by Antara Capital Master Fund LP ("Antara Master Fund").
F2 Following the reported transaction, 477,500 shares of Class A Common Stock were held directly by Antara Capital Total Return SPAC Master Fund LP ("Antara SPAC Fund").
F3 This Form 4 is being filed on behalf of (i) Antara Master Fund, a Cayman Islands exempted limited partnership, (ii) Antara SPAC Fund, a Cayman Islands exempted limited partnership, (iii) Antara Capital LP, a Delaware limited partnership ("Antara Capital"), (iv) Antara Capital GP LLC, a Delaware limited liability company ("Antara GP"), (v) Antara Capital Fund GP LLC, a Delaware limited liability company ("Antara Fund GP"), (vi) Antara Capital Total Return SPAC Fund GP LLC, a Delaware limited liability company ("SPAC Fund GP"), and (vi) Himanshu Gulati (collectively, the "Reporting Persons").
F4 Antara Capital serves as the investment manager of Antara Master Fund and Antara SPAC Fund. Antara Fund GP is the general partner of Antara Master Fund, SPAC Fund GP is the general partner of Antara SPAC Fund, and Antara GP is the general partner of Antara Capital. Himanshu Gulati is the sole member of Antara Fund GP, SPAC Fund GP, and Antara GP. Because of the foregoing relationships each of Antara Capital and as a result of the sales reported under (1) and (2), Antara GP, Antara Fund GP, SPAC Fund GP and Himanshu Gulati may no longer be deemed to indirectly beneficially own the securities held directly by Antara Master Fund and/or Antara SPAC Fund.
F5 Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons, or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.