Steven Farsht - Mar 31, 2023 Form 4 Insider Report for Corazon Capital V838 Monoceros Corp (CRZN)

Signature
/s/ Steven M. Farsht
Stock symbol
CRZN
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 04:31 PM
Previous filing
May 11, 2021

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 CRZN Class B ordinary shares Disposed to Issuer $0 -5.09M -100% $0.00 1 Mar 31, 2023 Class A ordinary shares 5.09M By Corazon V838 Monoceros Sponsor LLC 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 5,094,974 Class B ordinary shares (the "Class B Shares") for no consideration by Corazon V838 Monoceros Sponsor LLC (the "Sponsor") pursuant to a Share Surrender Letter, dated March 31, 2023, by and between the Sponsor 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 Sponsor. The Reporting Person controls the Sponsor, and as such, has voting and investment discretion with respect to the securities held by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. The Reporting Person disclaims beneficial ownership of the securities reported hereby except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes.