Polar Asset Management Partners Inc. - Jan 9, 2023 Form 3 Insider Report for Ace Global Business Acquisition Ltd (ACBA)

Role: 10%+ Owner
Signature: /s/ Andrew Ma, Chief Compliance Officer, on behalf of Polar Asset Management Partners Inc.
Stock symbol: ACBA
Transactions as of: Jan 9, 2023
Transactions value $: $0
Form type: 3
Date filed: 1/19/2023, 09:45 AM
Previous filing: Jan 20, 2023
Next filing: Jan 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ACBA	Ordinary Shares						380K	Jan 9, 2023	See footnote 1	F1

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

Explanation of Responses:

Id	Content
F1	Polar Asset Management Partners Inc., a company incorporated under the laws of Ontario, Canada (the "Reporting Person"), serves as investment advisors to Polar Multi-Strategy Master Fund, a Cayman Islands exempted company ("PMSMF") and has sole voting and investment discretion with respects to the securities reported herein which are held by PMSMF. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein. This Form 3 is being filed due to the redemption of 2,264,453 ordinary shares (as announced by the Company in a Form 8-K filed on January 09, 2023) by Company shareholders, after which the Reporting person's aggregate beneficial ownership was above 10%.

Content

Polar Asset Management Partners Inc., a company incorporated under the laws of Ontario, Canada (the "Reporting Person"), serves as investment advisors to Polar Multi-Strategy Master Fund, a Cayman Islands exempted company ("PMSMF") and has sole voting and investment discretion with respects to the securities reported herein which are held by PMSMF. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein. This Form 3 is being filed due to the redemption of 2,264,453 ordinary shares (as announced by the Company in a Form 8-K filed on January 09, 2023) by Company shareholders, after which the Reporting person's aggregate beneficial ownership was above 10%.