Richard V. Spencer - Aug 12, 2021 Form 3 Insider Report for AxonPrime Infrastructure Acquisition Corp (APMI)

Role: Director
Signature: /s/ Jon Layman, Attorney-in-Fact
Stock symbol: APMI
Transactions as of: Aug 12, 2021
Transactions value $: $0
Form type: 3
Date filed: 8/12/2021, 09:38 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
holding	APMI	Class B Common Stock							Aug 12, 2021	Class A Common Stock	25K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	As described in the Issuer's registration statement on Form S-1 (File No. 333-257777) under the heading "Description of Securities-Founder Shares," the shares of Class B Common Stock will automatically convert into shares of Class A Common Stock at the time of the initial business combination of the Issuer on a one-for-one basis, subject to certain adjustments, and have no expiration date.

Remarks:

Exhibit 24-Power of Attorney