Boothbay Fund Management, Llc - Jun 29, 2022 Form 4 Insider Report for Northern Lights Acquisition Corp. (SHFS)

Role: 10%+ Owner
Signature: Boothbay Fund Management, LLC By: /s/ Ari Glass, Managing Member
Stock symbol: SHFS
Transactions as of: Jun 29, 2022
Transactions value $: -$13,273,000
Form type: 4
Date filed: 7/1/2022, 03:41 PM
Previous filing: Apr 1, 2022
Next filing: Apr 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHFS	Class A Common Stock, par value $0.0001 per share	Sale	-$13.3M	-1.3M	-100%	$10.21^*	0	Jun 29, 2022	See Footnote	F1, F2

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

Boothbay Fund Management, Llc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Class A Common Stock (the "Shares") are held by one or more private funds (the "Funds"), which are managed by Boothbay Fund Management, LLC (the "Adviser"). Ari Glass is the Managing Member of the Adviser. Certain subadvisors (the "Subadvisors") have been delegated the authority to act on behalf of the Funds, including the exclusive authority to vote and/or direct the disposition of certain Shares held by the Funds, and such Shares may be reported in regulatory filings made by such Subadvisors. However, this report is being made to the extent that, for the purposes of Reg. Section 240.13d-3, the reporting persons herein are deemed to beneficially own 0 Shares, or 0.00% of the 12,028,175 Shares that were issued and outstanding as of May 16, 2022, as disclosed in the Issuer's Form 10-Q, as filed with the SEC on May 16, 2022.
F2	This report shall not be deemed an admission that the Adviser, the Funds or any other person is the beneficial owner of the securities reported herein for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person's pecuniary interest therein.

Content

The Class A Common Stock (the "Shares") are held by one or more private funds (the "Funds"), which are managed by Boothbay Fund Management, LLC (the "Adviser"). Ari Glass is the Managing Member of the Adviser. Certain subadvisors (the "Subadvisors") have been delegated the authority to act on behalf of the Funds, including the exclusive authority to vote and/or direct the disposition of certain Shares held by the Funds, and such Shares may be reported in regulatory filings made by such Subadvisors. However, this report is being made to the extent that, for the purposes of Reg. Section 240.13d-3, the reporting persons herein are deemed to beneficially own 0 Shares, or 0.00% of the 12,028,175 Shares that were issued and outstanding as of May 16, 2022, as disclosed in the Issuer's Form 10-Q, as filed with the SEC on May 16, 2022.

This report shall not be deemed an admission that the Adviser, the Funds or any other person is the beneficial owner of the securities reported herein for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the reporting persons herein disclaims beneficial ownership of the Shares reported herein except to the extent of the reporting person's pecuniary interest therein.