Enphys Acquisition Sponsor LLC - Oct 5, 2021 Form 3 Insider Report for Enphys Acquisition Corp. (NFYS)

Role: 10%+ Owner
Signature: By: /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		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 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 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. 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.

Content

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 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. 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.