HC PropTech Partners III LLC - Mar 31, 2023 Form 3 Insider Report for two (TWOA)

Role: 10%+ Owner
Signature: /s/ Thomas D. Hennessy, as the Managing Member of HC PropTech III LLC, Managing Member of HC Proptech Partners III, LLC
Stock symbol: TWOA
Transactions as of: Mar 31, 2023
Transactions value $: $0
Form type: 3
Date filed: 4/28/2023, 09:31 PM
Next filing: Aug 25, 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
holding	TWOA	Class B Ordinary Share							Mar 31, 2023	Class A Ordinary Share	3.35M		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	As described in the registrant's registration statement on Form S-1 (File No. 333-253802) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date.
F2	These shares represent the Class B ordinary shares held by HC Proptech Partners III, LLC (the "Sponsor"), acquired pursuant to that certain securities purchase agreement by and between the Sponsor and Two Sponsor. HC PropTech III LLC is the managing member of the Sponsor and each of Thomas D. Hennessy and Daniel J. Hennessy are the managing members of HC PropTech III LLC.