Crypto 1 Sponsor LLC - Dec 6, 2021 Form 3 Insider Report for Crypto 1 Acquisition Corp (DAOOU)

Role: 10%+ Owner
Signature: /s/ David Hytha, Managing Member
Stock symbol: DAOOU
Transactions as of: Dec 6, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/7/2021, 12:18 PM

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	DAOOU	Class B ordinary shares, par value $0.0001 per share							Dec 6, 2021	Class A ordinary shares, par value $0.0001 per share	5.75M		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	As described in the Issuer's registration statement on Form S-1 (No. 333-261051), the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
F2	These shares represent the shares of Class B ordinary shares held directly by Crypto 1 Sponsor LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer. The shares of Class B ordinary shares owned by the Sponsor include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities do not exercise their over-allotment option in full as described in the Issuer's registration statement.

Content

As described in the Issuer's registration statement on Form S-1 (No. 333-261051), the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.

These shares represent the shares of Class B ordinary shares held directly by Crypto 1 Sponsor LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the Issuer. The shares of Class B ordinary shares owned by the Sponsor include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities do not exercise their over-allotment option in full as described in the Issuer's registration statement.