10X Capital SPAC Sponsor III LLC - Jan 11, 2022 Form 3/A - Amendment Insider Report for 10X Capital Venture Acquisition Corp. III (VCXB)

Signature
/s/ Joanna Heinz, Attorney-in-Fact for 10X Capital SPAC Sponsor III LLC
Stock symbol
VCXB
Transactions as of
Jan 11, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
3/11/2022, 06:58 PM
Date Of Original Report
Jan 11, 2022
Next filing
Mar 11, 2022

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
holding VCXB Class B Ordinary Shares Jan 11, 2022 Class A Ordinary Shares 10M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B ordinary shares are convertible for the Issuer's Class ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-253868) (the "Registration Statement") and have no expiration date. The Class B ordinary shares beneficially owned by the Reporting Persons include up to 1,305,000 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.
F2 10X Capital SPAC Sponsor III LLC (the "Sponsor") is the record holder of the securities reported herein. 10X Capital Advisors, LLC is the manager of the Sponsor (the "Manager"). Mr. Thomas and Mr. Weisburd are the managing members of the Manager and have voting and investment discretion with respect to the securities held of record by the Sponsor.

Remarks:

See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer. See Exhibits 24.1, 24.2, 24.3 and 24.4 - Powers of Attorney. This amendment is being filed to include as Reporting Persons (i) 10X Capital Advisors, LLC, the manager of 10X Capital SPAC Sponsor III LLC (the "Sponsor") and (ii) David Weisburd, the co-managing member of 10X Capital Advisors, LLC, each of whom was omitted from the initial filing due to inadvertent administrative oversight