Jing Cao - Mar 17, 2023 Form 4 Insider Report for Aimfinity Investment Corp. I (AIMAU)

Signature
/s/ Jing Cao
Stock symbol
AIMAU
Transactions as of
Mar 17, 2023
Transactions value $
$0
Form type
4
Date filed
3/21/2023, 08:14 PM
Previous filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIMAU Class A Ordinary Shares Other $0 -492K -100% $0.00* 0 Mar 17, 2023 See Footnote F1, F2
holding AIMAU Class A Ordinary Shares 492K Mar 17, 2023 See Footnote F1, F3

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
transaction AIMAU Class B Ordinary Shares Other $0 -280K -14.49% $0.00 1.65M Mar 17, 2023 Class A Ordinary Shares 280K See Footnote F2, F4, F5
holding AIMAU Class B Ordinary Shares 280K Mar 17, 2023 Class A Ordinary Shares 280K See Footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jing Cao is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents Class A Ordinary Shares underlying units (each unit having a price of $10.00 and consisting of one Class A Ordinary Share and one redeemable warrant entitling the holder to purchase one Class A Ordinary Share at a price of $11.50 per share) that were distributed by Aimfinity Investment LLC (the "Sponsor") to one of its members, Imperii Strategies LLC, pro-rata, in kind, and for no additional consideration. The acquisition by Imperii Strategies LLC was exempt from Section 16 under Rule 16a-9.
F2 These securities are held directly by the Sponsor. The Reporting Person was, at the time of the distributions reported herein, the manager and controlling member of the Sponsor and, as such, may have been deemed to beneficially own the securities held directly by the Sponsor. The Reporting Person disclaims any beneficial ownership of the securities held directly by the Sponsor, other than to the extent of any pecuniary interest he may have had therein, directly or indirectly. Immediately following the distributions reported herein, the Reporting Person ceased to be the manager and controlling member of the Sponsor.
F3 These securities are held directly by Imperii Strategies LLC. The Reporting Person is the managing member of Imperii Strategies LLC and, as such, may be deemed to beneficially own the securities held directly by Imperii Strategies LLC. The Reporting Person disclaims any beneficial ownership of the securities held directly by Imperii Strategies LLC, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F4 The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
F5 Represents Class B Ordinary Shares that were distributed by the Sponsor to one of its members, Imperii Strategies LLC, pro-rata, in kind, and for no additional consideration. The acquisition by Imperii Strategies LLC was exempt from Section 16 under Rule 16a-9.

Remarks:

Following the distributions reported herein, on March 17, 2023, the Reporting Person ceased to be the manager and controlling member of the Sponsor and ceased to be Chief Executive Officer and a director of the Issuer. As such, as of the filing of this Form 4, the Reporting Person is no longer subject to Section 16 for this Issuer.