GOLDMAN SACHS GROUP INC - 25 Jan 2023 Form 3 Insider Report for Grom Social Enterprises, Inc.

Role: 10%+ Owner
Signature: /s/ Jamison Yardley, Attorney-in-fact
Issuer symbol: N/A
Transactions as of: 25 Jan 2023
Net transactions value: $0
Form type: 3
Filing time: 30 Jan 2023, 18:26:39 UTC
Previous filing: 25 Jan 2023
Next filing: 03 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GROM	Common Stock						106,848	25 Jan 2023	See Footnotes	F1, F2

* 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. On January 25, 2023, the Reporting Persons experienced an increase in their beneficial ownership of Grom Social Enterprises, Inc. (the "Issuer") to above 10% of the outstanding Common Stock due to a securities borrow transaction. On January 26, 2023, the Reporting Persons experienced a decrease in their beneficial ownership that reduced their beneficial ownership to below 10% due to a reduction in securities borrows.
F2	The Common Stock of the Issuer reported herein as indirectly beneficially owned is directly beneficially owned by Goldman Sachs and indirectly beneficially owned by GS Group.

Content

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. On January 25, 2023, the Reporting Persons experienced an increase in their beneficial ownership of Grom Social Enterprises, Inc. (the "Issuer") to above 10% of the outstanding Common Stock due to a securities borrow transaction. On January 26, 2023, the Reporting Persons experienced a decrease in their beneficial ownership that reduced their beneficial ownership to below 10% due to a reduction in securities borrows.

The Common Stock of the Issuer reported herein as indirectly beneficially owned is directly beneficially owned by Goldman Sachs and indirectly beneficially owned by GS Group.