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

Role
CEO, Director, 10%+ Owner
Signature
/s/ Suresh Guduru
Issuer symbol
N/A
Transactions as of
25 Apr 2024
Net transactions value
$0
Form type
3
Filing time
01 May 2024, 17:16:23 UTC
Previous filing
31 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CMCAU Class A Ordinary Share 3,925,000 25 Apr 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 25 Apr 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.