Jupiter Founders LLC - Aug 17, 2021 Form 4 Insider Report for Jupiter Acquisition Corp (JAQC)

Role: 10%+ Owner
Signature: /s/ Alan I. Annex, Attorney-in-Fact
Stock symbol: JAQC
Transactions as of: Aug 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/17/2021, 04:55 PM
Previous filing: Aug 12, 2021
Next filing: Aug 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JAQC	Class A common stock	Purchase		+425K			425K	Aug 17, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Simultaneously with the consummation of the Issuer's initial public offering, Jupiter Founders LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 425,200 units (the "Private Placement Units") in a private placement for an aggregate purchase price of $4,252,000. Each Private Placement Unit consists of one share of Class A common stock and one-half of one warrant. The reported shares are the 425,200 shares of Class A common stock included in such Private Placement Units. The warrants included in the Private Placement Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and August 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.
F2	The shares are held directly by the Sponsor and indirectly by James N. Hauslein as the manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Hauslein and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Content

Simultaneously with the consummation of the Issuer's initial public offering, Jupiter Founders LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 425,200 units (the "Private Placement Units") in a private placement for an aggregate purchase price of $4,252,000. Each Private Placement Unit consists of one share of Class A common stock and one-half of one warrant. The reported shares are the 425,200 shares of Class A common stock included in such Private Placement Units. The warrants included in the Private Placement Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and August 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.

The shares are held directly by the Sponsor and indirectly by James N. Hauslein as the manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Hauslein and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.