DUET Partners LLC 3
3 · DUET Acquisition Corp. · Filed Jan 19, 2022
Insider Transaction Report
Form 3
DUET Partners LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (2,156,250 underlying)
Footnotes (3)
- [F1]The shares of Class B common stock have no expiration date and will automatically convert into shares of Class A common stock 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. 333-261494).
- [F2]Includes up to 281,250 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
- [F3]This Form 3 is being filed by DUET Partners LLC, the sponsor of the issuer (the "Sponsor"). Yeoh Oon Lai and Dharmendra Magasvaran, the issuer's co-chief executive officers, are the managers of the Sponsor. Each of Messrs. Yeoh and Magasvaran may be deemed to beneficially own shares held by the Sponsor by virtue of each individual's control over the Sponsor. Messrs. Yeoh and Magasvaran each disclaims beneficial ownership of the shares of the issuer's Class B common stock held by the Sponsor, except to the extent of his respective pecuniary interest.