Agile Growth Sponsor, LLC - Mar 13, 2023 Form 4 Insider Report for Agile Growth Corp. (AGGRU)

Role
10%+ Owner
Signature
Agile Growth Sponsor, LLC By: /s/ Jay Bhatt Title: Managing Member
Stock symbol
AGGRU
Transactions as of
Mar 13, 2023
Transactions value $
$0
Form type
4
Date filed
3/15/2023, 06:31 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
transaction AGGRU Class B ordinary shares Disposed to Issuer $0 -7.75M -100% $0.00 1 Mar 13, 2023 Class A ordinary shares 7.75M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 reflects the surrender to the Issuer of 7,749,999 Class B ordinary shares (the "Class B Shares") for no consideration by the Reporting Person pursuant to a Share Surrender Letter, dated March 13, 2023, by and between the Reporting Person and the Issuer.
F2 The Class B Shares would have automatically converted into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F3 The securities reported herein are held directly by the Reporting Person. Jay Bhatt controls the Reporting Person, and as such, has voting and investment discretion with respect to the securities held by the Reporting Person and may be deemed to have beneficial ownership of the securities held directly by the Reporting Person.