Glen A. Taylor - 22 Jul 2024 Form 4 Insider Report for Envoy Medical, Inc. (COCH)

Role: Director, 10%+ Owner
Signature: /s/ Andrew Nick as Attorney-in-Fact for Glen A. Taylor pursuant to a Power of Attorney previously filed
Issuer symbol: COCH
Transactions as of: 22 Jul 2024
Net transactions value: $0
Form type: 4
Filing time: 24 Jul 2024, 16:43:08 UTC
Previous filing: 28 May 2024
Next filing: 29 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	COCH	Class A Common Stock						2,953,607	22 Jul 2024	Direct
holding	COCH	Class A Common Stock						2,526,058	22 Jul 2024	By Taylor Sports Group	F1
holding	COCH	Class A Common Stock						4,810,384	22 Jul 2024	By GAT Funding, LLC	F2

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	COCH	Warrant (right to buy)	Award	$0	+250,000		$0.000000	250,000	22 Jul 2024	Class A Common Stock	250,000	$2.25	GAT Funding, LLC	F2, F4
holding	COCH	Series A Preferred Stock						1,000,000	22 Jul 2024	Class A Common Stock	869,565	$11.50	GAT Funding, LLC	F2, F3
holding	COCH	Warrant (right to buy)						500,000	22 Jul 2024	Class A Common Stock	500,000	$1.24	GAT Funding, LLC	F2
holding	COCH	Warrant (right to buy)						250,000	22 Jul 2024	Class A Common Stock	250,000	$3.04	GAT Funding, LLC	F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is the owner and chairman of Taylor Sports Group.
F2	GAT Funding, LLC is an entity controlled by the Reporting Person.
F3	Fully exercisable and there is no expiration date.
F4	In connection with the Issuer's draw under the promissory note issued in February 2024 to GAT Funding, LLC, this warrant was issued as a commitment fee, as described in more detail in Exhibit 10.1 of the Issuer's 10-Q as filed with the SEC on May 15, 2024.