DarkPulse, Inc. - 12 Oct 2022 Form 3 Insider Report for Global System Dynamics, Inc.

Role: 10%+ Owner
Signature: /s/ Dennis O'Leary
Issuer symbol: N/A
Transactions as of: 12 Oct 2022
Net transactions value: $0
Form type: 3
Filing time: 19 Oct 2022, 12:12:01 UTC
SEC: View on sec.gov

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	GSD	Class B Common Stock							12 Oct 2022	Class A Common Stock	2,623,120		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 issuer's registration statement on Form S-1 (File No. 333-252916) under the heading "Description of Securities", the Class B common stock, par value $0.0001 per share, will automatically convert into Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2	Dennis O'Leary controls the reporting person, and as such has voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-252916) under the heading "Description of Securities", the Class B common stock, par value $0.0001 per share, will automatically convert into Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Dennis O'Leary controls the reporting person, and as such has voting and investment discretion with respect to the securities held by the reporting person and may be deemed to have beneficial ownership of the securities held directly by the reporting person.