DSAC PARTNERS LLC - 29 Mar 2024 Form 4 Insider Report for Direct Selling Acquisition Corp. (DSAQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Apr 2024, 20:00:09 UTC
Prior SEC filing
23 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Dave Wentz, Manager

Key filing fact

DSAC PARTNERS LLC filed Form 4 for Direct Selling Acquisition Corp. (DSAQ) on 02 Apr 2024.

Key facts

  • This page summarizes DSAC PARTNERS LLC's Form 4 filing for Direct Selling Acquisition Corp. (DSAQ).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Apr 2024, 20:00.

Change

  • Previous filing in this sequence was filed on 23 Sep 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DSAQ transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+5,749,000
Change %
Price
Shares after
5,749,000
Date
29 Mar 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DSAQ transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-5,749,000
Change %
-100%
Price
$0.000000
Shares after
1,000
Date
29 Mar 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,749,000
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The shares of Class B Common Stock are convertible, at the option of the holder, for the Issuer's Class A Common Stock on a one-for-one basis, for no additional consideration, and have no expiration date.

Footnote F2

These shares are held directly by the Reporting Person. DSAC Manager LLC is the manager of the Reporting Person. Mr. Wentz is the sole member of DSAC Manager LLC and has voting and investment discretion with respect to the common stock held of record by the Reporting Person. Mr. Wentz disclaims any beneficial ownership of the shares held by the Reporting Person, except to the extent of the Reporting Person's pecuniary interest therein.

SEC remarks

N/A

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