Eduardo Clave - 29 Jun 2021 Form 4 Insider Report for Dila Capital Acquisition Corp

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Jason T. Simon, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 29 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 30 Jun 2021, 16:01:52 UTC
Previous filing: 17 Jun 2021
Next filing: 02 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DILA	Class A Common stock	Purchase		+8,250	+2.9%		292,000	29 Jun 2021	See FN	F1, F2

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

Explanation of Responses:

Id	Content
F1	In connection with the underwriters' election to partially exercise the over-allotment option granted in connection with the Issuer's initial public offering, DILA Capital Sponsor Group, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 8,250 additional units (the "Private Units") for an aggregate purchase price of $82,500. Each Private Unit consists of one share of Class A common stock and one warrant. The warrants included in the Private Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and June 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.
F2	The securities are held directly by the Sponsor and indirectly by Eduardo Clave as manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interest in certain of the securities held by the Sponsor. Each of Mr. Clave and such other directors and officers disclaim beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Content

In connection with the underwriters' election to partially exercise the over-allotment option granted in connection with the Issuer's initial public offering, DILA Capital Sponsor Group, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 8,250 additional units (the "Private Units") for an aggregate purchase price of $82,500. Each Private Unit consists of one share of Class A common stock and one warrant. The warrants included in the Private Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and June 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.

The securities are held directly by the Sponsor and indirectly by Eduardo Clave as manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interest in certain of the securities held by the Sponsor. Each of Mr. Clave and such other directors and officers disclaim beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Remarks:

The Reporting Person holds an economic interest in the Sponsor and a pecuniary interest in certain of the securities held by the Sponsor. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.