4//SEC Filing
Krishnamoorthy Mary 4
Accession 0001213900-23-023303
CIK 0001826671other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 5:38 PM ET
Size
14.4 KB
Accession
0001213900-23-023303
Insider Transaction Report
Form 4
Krishnamoorthy Mary
DirectorChief Financial Officer
Transactions
- Other
Common Stock
2023-03-23−237,500→ 4,000,000 total(indirect: See Footnote) - Other
Warrants (right to buy)
2023-03-23$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→ Common Stock (5,200,000 underlying) - Exercise/Conversion
Common Stock
2023-03-23+4,237,500→ 4,237,500 total(indirect: See Footnote) - Exercise/Conversion
Class B Common Stock
2023-03-23+4,237,500→ 0 total(indirect: See Footnote)→ Common Stock (4,237,500 underlying)
Footnotes (5)
- [F1]Consists of securities acquired in connection with the transactions consummated on March 23, 2023, pursuant to that certain Agreement and Plan of Merger dated May 18, 2022 (as amended from time to time, the "Merger Agreement") by and among KludeIn I Acquisition Corp. ("KludeIn"), Paas Merger Sub 1 Inc., a wholly owned subsidiary of KludeIn ("Merger Sub 1"), Paas Merger Sub 2 LLC, a wholly owned subsidiary of KludeIn ("Merger Sub 2"), and Near Intelligence Holdings Inc. ("Near Holdings"), pursuant to which (i) Merger Sub 1 merged with and into Near Holdings, with Near Holdings surviving as a wholly owned subsidiary of KludeIn (the "First Merger"), and (ii) immediately following the First Merger, Near Holdings merged with and into Merger Sub 2, with Merger Sub 2 being the surviving entity (the "Second Merger" and, together with the First Merger, the "Business Combination").
- [F2]The shares of Class B Common Stock, which had no expiration date, automatically converted into shares of Class A Common Stock of KludeIn at the time of the Business Combination on a one-for-one basis. At the effective time of the Business Combination, the shares of Class A Common Stock were redesignated as common stock, par value $0.0001 per share, of the issuer.
- [F3]The shares of common stock are held directly by KludeIn Prime LLC ("KludeIn Prime"). The reporting person's spouse is a managing member of KludeIn Prime, and as such, has shared voting and investment discretion with respect to the shares of common stock held by KludeIn Prime. The reporting person holds a direct or indirect interest in KludeIn Prime and may be deemed to have shared beneficial ownership of the shares of common stock held directly by KludeIn Prime. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest the reporting person may have therein, directly or indirectly.
- [F4]Represents the forfeiture, for no consideration, by KludeIn Prime of 237,500 shares of Class B Common Stock of KludeIn upon consummation of the Business Combination.
- [F5]Represents a right to purchase an aggregate of 5,200,000 shares of the issuer's common stock underlying the warrant at an exercise price of $11.50 per share. The warrants are held directly by KludeIn Prime. The reporting person's spouse is a managing member of KludeIn Prime, and as such, has shared voting and investment discretion with respect to the warrants held by KludeIn Prime. The reporting person holds a direct or indirect interest in KludeIn Prime and may be deemed to have shared beneficial ownership of the warrants held directly by KludeIn Prime. The reporting person disclaims any beneficial ownership of the warrants other than to the extent of any pecuniary interest the reporting person may have therein, directly or indirectly.
Documents
Issuer
Near Intelligence, Inc.
CIK 0001826671
Entity typeother
Related Parties
1- filerCIK 0001838586
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 5:38 PM ET
- Size
- 14.4 KB