Thrive Acquisition Sponsor LLC - Jan 30, 2023 Form 4 Insider Report for Thrive Acquisition Corp (THAC)

Role: 10%+ Owner
Signature: /s/ Benjamin Kao as attorney in fact for Thrive Acquisition Sponsor LLC
Stock symbol: THAC
Transactions as of: Jan 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/2/2023, 12:09 PM
Previous filing: Oct 20, 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
transaction	THAC	Class B Ordinary Shares	Other		-3.15M	-100%		1	Jan 30, 2023	Class A Ordinary Shares	3.15M		Direct	F1

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

Thrive Acquisition Sponsor LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On January 18, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association and in connection with the winding up of the Issuer, the 3,154,667 Class B ordinary shares, par value $0.0001, held by the Thrive Acquisition Sponsor LLC were surrendered for no compensation on January 30, 2023.

Content

On January 18, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Pursuant to the Issuer's Amended and Restated Memorandum and Articles of Association and in connection with the winding up of the Issuer, the 3,154,667 Class B ordinary shares, par value $0.0001, held by the Thrive Acquisition Sponsor LLC were surrendered for no compensation on January 30, 2023.

Remarks:

After giving effect to the Issuer's delisting and deregistration, the Reporting Person is no longer subject to Section 16 reporting obligations.