GOLDMAN SACHS GROUP INC - 15 Aug 2022 Form 3 Insider Report for Kingswood Acquisition Corp.

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
3
Filing time
01 Sep 2022, 17:50:52 UTC
Previous filing
24 Mar 2023
Next filing
19 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KWAC Common Stock 149,416 15 Aug 2022 See Footnotes F1, F2, 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
holding KWAC Warrants 15 Aug 2022 Common Stock 104,981 $11.50 See Footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
F2 On August 12, 2022, the Issuer reported a decrease in its Class A common stock ("Common Stock") to 1,463,256 shares which caused the firm's beneficial ownership to exceed 10%.
F3 The Common Stock and Warrants of the Issuer reported herein is beneficially owned directly by Goldman Sachs and indirectly by GS Group.
F4 Each whole warrant will become exercisable upon completion of Issuer's initial Business Combination and will expire five years after the completion of the initial Business Combination, or earlier upon redemption or liquidation. The Issuer entered into an Agreement and Plan of Merger on July 7, 2022 to effect its Business Combination, which it has until November 24, 2022 to complete.