Surendra K. Ajjarapu - Jun 7, 2023 Form 4/A - Amendment Insider Report for Semper Paratus Acquisition Corp (LGST)

Signature
/s/ Surendra Ajjarapu, by Nelson Mullins Riley & Scarborough LLP with Power of Attorney
Stock symbol
LGST
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/21/2023, 11:31 AM
Date Of Original Report
Jun 12, 2023
Previous filing
Mar 24, 2023
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGST Class A ordinary shares, par value $0.0001 per share Award +7.99M +798.89% 8.99M Jun 7, 2023 By SSVK Associates, LLC F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Amendment is being filed to correct the original Form 4 filed on June 12, 2023. This amendment does not otherwise modify the transaction details that were previously reported. The original Form 4 filed on June 12, 2023 incorrectly listed the 7,988,880 Class A ordinary shares as Class B ordinary shares in Table II.
F2 SSVK Associates, LLC the sponsor of the Issuer (the "Sponsor"), purchased all its interests in the Issuer, including certain other rights and obligations in accordance with the terms of the Purchase Agreement for an aggregate purchase price of $1 (one dollar) due on the date on which a business combination is completed.
F3 Pursuant to the terms of that certain purchase agreement, dated as of May 4, 2023, entered into by and among, Reporting Person, the Issuer and other certain securityholders (the "Purchase Agreement"), pursuant to which the Class A ordinary shares and warrants were acquired by the Reporting Person, Tables I and II have been updated by deleting the line corresponding to the 7,988,889 shares in Table II and adding the line to Table I to reflect that the Reporting Person beneficially owns (i) 8,988,889 Class A ordinary shares, 1,000,000 of which are underlying the Private Placement Units, and (ii) warrants underlying the Private Placement Units to purchase 500,000 Class A ordinary shares.
F4 The securities are held directly by the Sponsor. Surendra Ajjarapu, the Issuer's Chairman and Chief Executive Officer is the manager of the Sponsor. Mr. Ajjarapu may be deemed to beneficially own the securities held by the Sponsor by virtue of his control over the Sponsor. Mr. Ajjarapu disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his respective pecuniary interest.

Remarks:

This Amendment is being filed to correct the original Form 4 filed on June 12, 2023. Please see footnote 1 above.