10X Capital SPAC Sponsor II LLC - 13 Aug 2021 Form 4 Insider Report for African Agriculture Holdings Inc.

Role: 10%+ Owner
Signature: 10X Capital SPAC Sponsor II LLC, By: 10X Capital Advisors, LLC, By: /s/ Hans Thomas, Managing Member
Issuer symbol: N/A
Transactions as of: 13 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 08 Dec 2023, 21:00:08 UTC
Previous filing: 11 Mar 2022
Next filing: 11 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAGR	Common Stock	Purchase		+455,000			455,000	13 Aug 2021	See footnote	F1, F2
transaction	AAGR	Common Stock	Conversion of derivative security	$0	+1,000,000	+220%	$0.000000	1,455,000	15 May 2023	See footnote	F2
transaction	AAGR	Common Stock	Conversion of derivative security		+3,218,261	+221%		4,673,261	06 Dec 2023	See footnote	F2, F3
transaction	AAGR	Common Stock	Other		+1,233,167	+26%		5,906,428	06 Dec 2023	See footnote	F2, F4
transaction	AAGR	Common Stock	Other		+2,289,235	+39%		8,195,663	06 Dec 2023	See footnote	F2, F5

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	AAGR	Warrants	Purchase		+151,666			151,666	13 Aug 2021	Common Stock	151,666	$11.50	See footnote	F1, F2
transaction	AAGR	Class B Common Stock	Conversion of derivative security	$0	-1,000,000	-19%	$0.000000	4,332,328	15 May 2023	Common Stock	1,000,000		See footnote	F2, F3
transaction	AAGR	Class B Common Stock	Other		-1,114,067	-26%		3,218,261	06 Dec 2023	Common Stock	1,114,067		See footnote	F2, F3, F6, F7
transaction	AAGR	Class B Common Stock	Conversion of derivative security		-3,218,261	-100%		0	06 Dec 2023	Common Stock	3,218,261		See footnote	F2, F3

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

Explanation of Responses:

Id	Content
F1	Upon the consummation of the Issuer's (f/k/a 10X Capital Venture Acquisition Corp. II) initial public offering, 10X Capital SPAC Sponsor II LLC (the "Sponsor") purchased 455,000 private placement units, each of which consists of one Class A ordinary share of the Issuer and one-third of one redeemable warrant to purchase one Class A ordinary share, for a purchase price of $10.00 per unit. In connection with the completion of the Issuer's initial business combination (the "Business Combination") on December 6, 2023, each Class A ordinary share outstanding was automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.
F2	The Sponsor is the record holder of the securities reported herein. 10X Capital Advisors, LLC is the manager of the Sponsor (the "Manager"). Messrs. Thomas and Weisburd are the managing members of the Manager. As a result of these relationships, each of the foregoing entity and individuals may be deemed to share beneficial ownership of the securities held of record by the Sponsor.
F3	Upon the completion of the Business Combination, the Class B Common Stock (formerly, the Class B ordinary shares) held of record by the Sponsor were automatically converted into shares of the Issuer's Common Stock on a one-to-one basis.
F4	Represents shares issued to the Sponsor by the Issuer pursuant to an obligation set forth in a promissory note.
F5	Represents shares issued to the Sponsor by the Issuer pursuant to an agreement to waive a certain merger covenant.
F6	Represents a transfer of shares from the Sponsor to certain investors in connection to obligations set forth in non-redemption agreements.
F7	Pursuant to non-redemption agreements, the Sponsor committed to transferring a total of 1,233,167 Class B ordindary shares to certain investors parties to such agreements. On December 6, 2023, the Sponsor transferred 1,114,067 Class B ordinary shares, with the remaining 119,100 shares to be transferred at a later date as determined by the parties.