Jorge de Pablo - Oct 5, 2021 Form 3 Insider Report for Enphys Acquisition Corp. (NFYS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jorge de Pablo, as Attorney-in-Fact
Stock symbol
NFYS
Transactions as of
Oct 5, 2021
Transactions value $
$0
Form type
3
Date filed
10/5/2021, 09:51 PM
Next filing
Oct 13, 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
holding NFYS Class B Ordinary Shares Oct 5, 2021 Class A Ordinary Shares 8.63M See footnote. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in Enphys Acquisition Corp.'s (the "Issuer") registration statement on Form S-1, as amended (File No. 333-257932) (the "Registration Statement") under the heading "Description of Securities," the Class B ordinary shares will automatically convert into the number of shares of Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.
F2 These shares represent the Class B ordinary shares owned directly by the Issuer's sponsor, Enphys Acquisition Sponsor LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and Issuer. The Class B ordinary shares include up to 1,125,000 shares that are subject to forfeiture in the event that the underwriters of the initial public offering of the Issuer's securities do not exercise their over-allotment option in full. Mr. de Pablo may be deemed to beneficially own the shares held by the Sponsor by virtue of his control over the Sponsor. Mr. de Pablo disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney