David Andrada - Oct 17, 2021 Form 4/A - Amendment Insider Report for FAT PROJECTS ACQUISITION CORP (FATP)

Role
Co-CEO and CFO, Director
Signature
/s/ David Andrada, by Nelson Mullins Riley & Scarborough through Power of Attorney
Stock symbol
FATP
Transactions as of
Oct 17, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/9/2023, 09:43 PM
Date Of Original Report
Mar 22, 2023
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 -2.87M -100% $0.00* 0 Oct 17, 2021 Class A Ordinary Shares 2.87M $11.50 See footnote F1, F2, F3
transaction FATP Class B Ordinary Shares Other $0 -2.13M -100% $0.00* 0 Oct 18, 2021 Class A Ordinary Shares 2.13M See footnote F1, F3, F4
transaction FATP Warrants Other $0 +633K $0.00 633K Oct 17, 2021 Class A Ordinary Shares 633K $11.50 See footnote F1, F2, F5
transaction FATP Class B Ordinary Shares Other $0 +408K $0.00 408K Oct 18, 2021 Class A Ordinary Shares 408K See footnote F1, F4, F5
* 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 Project 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 securities are held directly by the Sponsor. David Andrada and Tristan Lo, the issuer's co-chief executive officers, are each a director of the Sponsor. David Andrada and Tristan Lo may be deemed to beneficially own shares held by the Sponsor by virtue of their control over the Sponsor. David Andrada and Tristan Lo disclaim beneficial ownership of Issuer's Securities held by the Sponsor, except to the extent of their respective pecuniary interests.
F4 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).
F5 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 acquired by FPIIHL and the amount reported in column 9 represents half of the Class B ordinary shares held by FPIIHL after the acquisition. The Reporting Person disclaims beneficial ownership of Issuer's securities held by FPIIHL, except to the extent of his pecuniary interest.