Paul Packer - Jun 9, 2022 Form 3 Insider Report for Forafric Global PLC (AFRI)

Role: Director, 10%+ Owner
Signature: /s/ Paul Packer
Stock symbol: AFRI
Transactions as of: Jun 9, 2022
Transactions value $: $0
Form type: 3
Date filed: 6/14/2022, 06:30 AM
Previous filing: Jan 5, 2022
Next filing: Oct 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AFRI	Ordinary Shares						2.83M	Jun 9, 2022	See Footnote	F1
holding	AFRI	Ordinary Shares						760K	Jun 9, 2022	See Footnote	F2

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
holding	AFRI	Ordinary Shares Purchase Warrant (right to buy)							Jun 9, 2022	Ordinary Shares	$3.63M	$11.50	See Footnote	F1, F3

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

Explanation of Responses:

Id	Content
F1	Represents securities held by Globis SPAC LLC, of which Mr. Packer is the sole manager.
F2	Represents securities held by Globis Capital Partners LP. Mr. Packer may be deemed to control and have voting and investment power over these securities. Mr. Packer disclaims beneficial ownership over these securities except to the extent of his pecuniary interest therein.
F3	The warrants became exercisable on June 9, 2022 upon the completion of the initial business combination (the "Business Combination") between Globis Acquisition Corp. and the issuer. The warrants are exercisable only so long as the beneficial ownership of the Reporting Persons would not exceed 9.9% of the Ordinary Shares outstanding immediately after giving effect to the exercise.