Camel Bay, LLC - 16 Jan 2024 Form 3 Insider Report for Battery Future Acquisition Corp.

Role: 10%+ Owner
Signature: /s/ Ling Shi, as Managing Member of the Reporting Person
Issuer symbol: N/A
Transactions as of: 16 Jan 2024
Net transactions value: $0
Form type: 3
Filing time: 19 Jan 2024, 08:59:50 UTC
Next filing: 17 May 2024
SEC: View on sec.gov

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	BFAC	Class B ordinary shares							16 Jan 2024	Class A ordinary shares	4,193,695		Direct	F1

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

Explanation of Responses:

Id	Content
F1	These Class B ordinary shares, par value $0.0001 per share (the "Class B Shares") have no expiration date, are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares") of the Issuer at any time at the option of the holder on a one-for-one basis and will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-261373).

Content

These Class B ordinary shares, par value $0.0001 per share (the "Class B Shares") have no expiration date, are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares") of the Issuer at any time at the option of the holder on a one-for-one basis and will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-261373).