Cartica Acquisition Partners, LLC - Jun 30, 2023 Form 4 Insider Report for Cartica Acquisition Corp (CITE)

Role
10%+ Owner
Signature
Cartica Acquisition Partners, LLC By: /s/ Suresh Guduru, Managing Member
Stock symbol
CITE
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
10/10/2023, 06:37 PM
Previous filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CITE Class A Ordinary Shares Conversion of derivative security +4.75M 4.75M Jun 30, 2023 Direct F1

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 CITE Class B Ordinary Shares Conversion of derivative security -4.75M -87.16% 700K Jun 30, 2023 Class A Ordinary Shares 4.75M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares, par value $0.0001 per share, of the Issuer ("Class B Ordinary Shares") are convertible into Class A ordinary shares, par value $0.0001 per share, of the Issuer ("Class A Ordinary Shares") on a one-for-one basis. The Class B Ordinary Shares has no expiration date. On June 30, 2023, Cartica Acquisition Partners, LLC (the "Sponsor") elected to convert 4,750,000 Class B Ordinary Shares held by the Sponsor into 4,750,0000 Class A Ordinary Shares.
F2 Suresh Guduru is the Chief Executive Officer and Director of the Issuer. The Reporting Person is also the managing member of the Sponsor, and accordingly, may be deemed to have beneficial ownership of the Class B Ordinary Shares held by the Sponsor. Mr. Guduru disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.