KludeIn Prime LLC 4
4 · Near Intelligence, Inc. · Filed Mar 27, 2023
Insider Transaction Report
Form 4
Ramachandran Narayan
DirectorCEO, COB, Co-President10% Owner
Transactions
- Other
Warrants
2022-03-23$1.00/sh+5,200,000$5,200,000→ 5,200,000 total(indirect: See Footnote)Exercise: $11.50From: 2023-04-22Exp: 2028-03-23→ Class A Common Stock (5,200,000 underlying) - Other
Class A Common Stock
2023-03-23−237,500→ 4,000,000 total(indirect: See Footnote) - Exercise/Conversion
Class A Common Stock
2023-03-23+4,237,500→ 4,237,500 total(indirect: See Footnote) - Exercise/Conversion
Class B Common Stock
2022-03-23−4,312,500→ 0 total(indirect: See Footnote)→ Class A Common Stock (4,237,500 underlying)
Footnotes (4)
- [F1]Upon the closing of the business combination of KludeIn I Acquisition Corp. ("KludeIn") with Near Intelligence Holdings, Inc. on March 23, 2023, (i) all shares of outstanding Class B shares of KludeIn were converted into shares of Class A shares of KludeIn, and (ii) KludeIn effected a name change to Near Intelligence, Inc.
- [F2]Messrs. Raghavan and Ramachandran are the managing members of the Sponsor and may be deemed the beneficial owners of the shares held by the Sponsor. Messrs. Raghavan and Ramachandran disclaim beneficial ownership over any securities in which they do not have a pecuniary interest.
- [F3]Represents the forfeiture, for no consideration, by KludeIn Prime LLC (the "Sponsor") of 237,500 shares of Class B common stock of KludeIn I Acquisition Corp., which, upon consummation of its business combination.
- [F4]Represents the warrants purchased by the Sponsor in connection with KludeIn's initial public offering, which are exercisable commencing 30 days following the consummation of KludeIn's business combination.