David Andrada - Oct 17, 2021 Form 4 Insider Report for FAT PROJECTS ACQUISITION CORP (FATP)

Role: Co-CEO and CFO, Director
Signature: /s/ David Andrada, by Nelson Mullins Riley & Scarborough with Power of Attorney
Stock symbol: FATP
Transactions as of: Oct 17, 2021
Transactions value $: -$2,865,000
Form type: 4
Date filed: 3/22/2023, 10:17 AM
Previous filing: Mar 21, 2023
Next filing: Jun 8, 2023
SEC: View on sec.gov

This filing has been restated, see here for the amended filing

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
transaction	FATP	Warrants	Other	-$2.87M	-2.87M	-100%	$1.00^*	0	Oct 17, 2021	Class A Ordinary Shares	2.87M	$11.50	See footnote	F1, F2, F3
transaction	FATP	Class B Ordinary Share	Other	$0	-2.13M	-100%	$0.00^*	0	Oct 18, 2021	Class A Ordinary Shares	2.13M		See footnote	F1, F3, F4
transaction	FATP	Warrants	Other	$0	+1.27M		$0.00	1.27M	Oct 17, 2021	Class A Ordinary Shares	1.27M	$11.50	See footnote	F1, F2, F5
transaction	FATP	Class B Ordinary Share	Other	$0	+816K		$0.00	816K	Oct 18, 2021	Class A Ordinary Shares	816K		See footnote	F1, F4, F5

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

Explanation of Responses:

Id	Content
F1	Represents a distribution by Fat Projects SPAC PTE. LTD., the sponsor of the issuer (the "Sponsor") to its members for no consideration.
F2	Each warrant will become exercisable on the later of 12 months from the closing of the Issuer's initial public offering and the date of completion of the Issuer's initial business combination. Each warrant will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
F3	The securities are held directly by the Sponsor. David Andrada and Tristan Lo, the issuer's co-chief executive officers, are each a director of the Sponsor. David Andrada and Tristan Lo may be deemed to beneficially own shares held by the Sponsor by virtue of their control over the Sponsor. David Andrada and Tristan Lo disclaim beneficial ownership of Issuer's Securities held by the Sponsor, except to the extent of their respective pecuniary interest.
F4	The Class B ordinary shares have no expiration date and will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No. 333-257126).
F5	The securities are held directly by Fat Projects International Investments and Holdings Limited. The Reporting Person may be deemed to beneficially own shares held by Fat Projects International Investments and Holdings Limited by virtue of their control over Fat Projects International Investments and Holdings Limited. The Reporting Person disclaims beneficial ownership of Issuer's securities held by Fat Projects International Investments and Holdings Limited, except to the extent of his respective pecuniary interest.