Suresh Guduru - Apr 25, 2024 Form 3 Insider Report for Capitalworks Emerging Markets Acquisition Corp (CMCAU)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Suresh Guduru
Stock symbol: CMCAU
Transactions as of: Apr 25, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/1/2024, 05:16 PM
Previous filing: May 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CMCAU	Class A Ordinary Share						3.93M	Apr 25, 2024	See footnote	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
holding	CMCAU	Class B Ordinary Share							Apr 25, 2024	Class A Ordinary Share	1		See footnote	F2, F3

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

Explanation of Responses:

Id	Content
F1	These shares represent the Class A ordinary shares held by Vikasati Partners LLC (the "Sponsor"), acquired pursuant to that certain securities purchase agreement, dated April 19, 2024 (the "Securities Purchase Agreement") by and between the Sponsor and CEMAC Sponsor LP. Suresh Guduru is the managing member of the Sponsor, and accordingly, may be deemed to have beneficial ownership of the reported shares held by the Sponsor. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2	As described in the registrant's registration statement on Form S-1 (File No. 333-260513) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
F3	These shares represent the Class B ordinary share held by the Sponsor, acquired pursuant to the Securities Purchase Agreement. Suresh Guduru is the managing member of the Sponsor, and accordingly, may be deemed to have beneficial ownership of the reported shares held by the Sponsor. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.