Tristan Lo - May 4, 2023 Form 4/A - Amendment Insider Report for FAT PROJECTS ACQUISITION CORP (FATP)

Signature
/s/ Tristan Lo, By Nelson Mullins Riley & Scarborough through Power of Attorney
Stock symbol
FATP
Transactions as of
May 4, 2023
Transactions value $
-$125,095
Form type
4/A - Amendment
Date filed
6/8/2023, 05:51 PM
Date Of Original Report
May 24, 2023
Previous filing
Jun 12, 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 Class B Ordinary Shares Sale -$125K -63.5K -16.21% $1.97* 328K May 4, 2023 Class A Ordinary Shares 63.5K See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 The securities are held directly by Fat Projects International Investments and Holdings Limited ("FPIIHL"). The Reporting Person controls and owns a 50% equity interest in FPIIHL and may be deemed to beneficially own half of the Issuer's securities held by FPIIHL by virtue of his control of and 50% ownership interest in FPIIHL. The amount reported in column 5 represents half of the Class B ordinary shares disposed of by FPIIHL and the amount reported in column 9 represents half of the Class B ordinary shares held by FPIIHL after the disposition. The Reporting Person disclaims beneficial ownership of Issuer's securities held by FPIIHL, except to the extent of his pecuniary interest.