Keith Crandell - Jul 28, 2023 Form 4 Insider Report for DA32 Life Science Tech Acquisition Corp. (DALS)

Role
Director, 10%+ Owner
Signature
/s/ Mark McDonnell, Attorney-in-Fact
Stock symbol
DALS
Transactions as of
Jul 28, 2023
Transactions value $
$0
Form type
4
Date filed
8/10/2023, 08:28 PM
Previous filing
Jun 16, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DALS Class A Common Stock Other -1.6M -100% 0 Jul 28, 2023 Through ARCH Venture Fund XI, L.P. F1, F2, F3
holding DALS Class A Common Stock 650K Jul 28, 2023 Through DA32 Sponsor LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 28, 2023, the Issuer redeemed all of its outstanding shares of Class A common stock that were publicly traded for a redemption price of approximately $10.31 per share.
F2 DA32 Sponsor LLC ("Sponsor") owns 650,000 shares of Class A common stock purchased in a private placement.
F3 As the sole general partner of ARCH Venture Fund XI, L.P. ("AVF"), ARCH Venture Partners XI, L.P. ("AVP LP") may be deemed to beneficially own the securities owned directly by AVF. As the sole general partner of AVP LP, ARCH Venture Partners XI, LLC ("AVP LLC") may be deemed to beneficially own securities owned directly by AVF. As a member of the investment committee of AVP LLC, Keith Crandell may be deemed to beneficially own securities owned directly by AVF. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of such Reporting Person's pecuniary interest therein.
F4 As a managing member of Sponsor, AVF may be deemed to beneficially own the securities owned directly by Sponsor. As the sole general partner of AVF, AVP LP may be deemed to beneficially own the securities owned directly by Sponsor. As the sole general partner of AVP LP, AVP LLC may be deemed to beneficially own securities owned directly by Sponsor. As the members of the investment committee of AVP LLC, each of Kristina Burow, Robert Nelsen, Keith Crandell and Steven Gillis may be deemed to beneficially own securities owned directly by Sponsor. Each of the foregoing entities and individuals is a member of a Section 13(d) group. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of such Reporting Person's pecuniary interest therein.