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

Role: CFO and Secretary, 10%+ Owner
Signature: /s/ David Hytha
Stock symbol: DAOOU
Transactions as of: Dec 6, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/7/2021, 12:20 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							Dec 6, 2021	Class A ordinary shares, par value $0.0001 per share	5.75M		See footnote	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), as amended (the "Registration Statement"), 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. Such amount includes 750,000 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), of the Issuer subject to forfeiture to the extent that the underwriters do not fully or partially exercise their over-allotment option in the Issuer's initial public offering of the Ordinary Shares.
F2	As described in the Registration Statement, Crypto 1 Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such shares. Mr. Hytha is the sole member of the Sponsor. As such, Mr. Hytha may be deemed to have beneficial ownership of the Ordinary Shares held directly by the Sponsor. Mr. Hytha disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Content

As described in the Issuer's registration statement on Form S-1 (No. 333-261051), as amended (the "Registration Statement"), 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. Such amount includes 750,000 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), of the Issuer subject to forfeiture to the extent that the underwriters do not fully or partially exercise their over-allotment option in the Issuer's initial public offering of the Ordinary Shares.

As described in the Registration Statement, Crypto 1 Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such shares. Mr. Hytha is the sole member of the Sponsor. As such, Mr. Hytha may be deemed to have beneficial ownership of the Ordinary Shares held directly by the Sponsor. Mr. Hytha disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.