Hudson Bay Capital Management LP - Apr 25, 2023 Form 4 Insider Report for Greencity Acquisition Corp (GRCY)

Role: 10%+ Owner
Signature: Hudson Bay Capital Management LP, By: /s/ Sander Gerber, Authorized Signatory
Stock symbol: GRCY
Transactions as of: Apr 25, 2023
Transactions value $: -$3,250,000
Form type: 4
Date filed: 4/27/2023, 03:38 PM
Previous filing: Mar 21, 2023
Next filing: May 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRCY	Class A Ordinary Shares, par value $0.0001 per share par val	Other	-$3.25M	-325K	-100%	$10.00	0	Apr 25, 2023	See footnote	F1, F2

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

Hudson Bay Capital Management LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Reporting Persons elected to redeem 325,000 Class A Ordinary Shares for cash.
F2	The securities are held by HB Strategies LLC (the "Fund"). Hudson Bay Capital Management LP (the "Investment Manager") serves as the investment manager of the Fund. As such, the Investment Manager may be deemed to have beneficial ownership of the securities held by the Fund. As the managing member of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP, Mr. Sander Gerber may be deemed to have beneficial ownership of the securities held by the Fund. Each Reporting Person disclaims beneficial ownership of the securities held by the Fund, except to the extent of its or his pecuniary interest therein.

Content

The Reporting Persons elected to redeem 325,000 Class A Ordinary Shares for cash.

The securities are held by HB Strategies LLC (the "Fund"). Hudson Bay Capital Management LP (the "Investment Manager") serves as the investment manager of the Fund. As such, the Investment Manager may be deemed to have beneficial ownership of the securities held by the Fund. As the managing member of Hudson Bay Capital GP LLC, which is the general partner of Hudson Bay Capital Management LP, Mr. Sander Gerber may be deemed to have beneficial ownership of the securities held by the Fund. Each Reporting Person disclaims beneficial ownership of the securities held by the Fund, except to the extent of its or his pecuniary interest therein.