Taconic Capital Advisors LP - Sep 8, 2023 Form 4 Insider Report for Prime Impact Acquisition I (PIAI)

Signature
TACONIC CAPITAL ADVISORS L.P. By: /s/ Frank Brosens
Stock symbol
PIAI
Transactions as of
Sep 8, 2023
Transactions value $
-$7,574,000
Form type
4
Date filed
9/19/2023, 02:46 PM
Previous filing
Aug 24, 2023
Next filing
Sep 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIAI Class A Ordinary Shares Other -$7.57M -700K -100% $10.82 0 Sep 8, 2023 See Remarks F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 This Form 4 is being filed due to the Reporting Persons electing to redeem 700,000 shares of the Company's Class A ordinary shares on September 8, 2023 (the "Redemption"). As a result of the Redemption, the Reporting Persons no longer hold any shares of the Company's Class A ordinary shares.

Remarks:

This Statement relates to Company's Class A ordinary shares held for the accounts of Taconic Opportunity Master Fund L.P. (Taconic Opportunity Fund) and Taconic Master Fund 1.5 L.P. (Taconic Event Fund, and together with Taconic Opportunity Fund, the Taconic Funds). Taconic Capital Advisors L.P. (Taconic Advisors LP) serves as the investment manager to each of the Taconic Funds. Taconic Advisors LP has entered into a sub-advisory agreement with Taconic Capital Advisors UK LLP (Taconic Advisors UK) pursuant to which Taconic Advisors UK serves as a subadvisor to Taconic Advisors LP in respect of each of the Taconic Funds. Taconic Advisors LP is the manager of Taconic Capital Services UK Ltd, the UK parent entity of Taconic Advisors UK. Accordingly, each of Taconic Advisors LP and Taconic Advisors UK may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds. Taconic Capital Performance Partners LLC (Taconic Partners) serves as the general partner to Taconic Advisors LP. Taconic Associates LLC (Taconic Associates) serves as the general partner to Taconic Opportunity Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Opportunity Fund. Taconic Partners Capital LLC (Taconic Capital) serves as the general partner to Taconic Event Fund, and accordingly may be deemed a beneficial owner of the Shares held for the account of Taconic Event Fund. Mr. Brosens is a principal of Taconic Advisors LP and a manager of each of Taconic Partners, Taconic Associates and Taconic Capital. In such capacities, Mr. Brosens may be deemed a beneficial owner of the Shares held for the accounts of the Taconic Funds.