Nils Michaelis - Oct 17, 2021 Form 4 Insider Report for FAT PROJECTS ACQUISITION CORP (FATP)

Role
President, COO, Head of M&A
Signature
/s/ Nils Michaelis, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney
Stock symbol
FATP
Transactions as of
Oct 17, 2021
Transactions value $
$0
Form type
4
Date filed
3/22/2023, 11:01 AM
Previous filing
Mar 21, 2023
Next filing
Jun 8, 2023

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 FATP Warrants Other $0 +119K $0.00 119K Oct 17, 2021 Class A Ordinary Shares 119K $11.50 See footnote F1, F2, F4
transaction FATP Class B Ordinary Share Other $0 +88.5K $0.00 88.5K Oct 18, 2021 Class A Ordinary Shares 88.5K See footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution by Fat Projects SPAC PTE. LTD., the sponsor of the issuer (the "Sponsor") to its members for no consideration.
F2 Each warrant will become exercisable on the later of 12 months from the closing of the Issuer's initial public offering and the date of completion of the Issuer's initial business combination. Each warrant will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
F3 The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-257126).
F4 The securities are held directly by Haller Bay Pte. Ltd. The Reporting Person may be deemed to beneficially own shares held by Haller Bay Pte. Ltd. by virtue of their control over Haller Bay Pte. Ltd. The Reporting Person disclaims beneficial ownership of Issuer's securities held by Haller Bay Pte. Ltd., except to the extent of his respective pecuniary interest.