Eduardo Clave - Jun 17, 2021 Form 4 Insider Report for Dila Capital Acquisition Corp (DILA)

Signature
/s/ Jason T. Simon, Attorney-in-Fact
Stock symbol
DILA
Transactions as of
Jun 17, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 08:58 PM
Previous filing
Jun 15, 2021
Next filing
Jun 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DILA Class A common stock Purchase +284K 284K Jun 17, 2021 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Simultaneously with the consummation of the Issuer's initial public offering, DILA Capital Sponsor Group, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 283,750 units (the "Private Units") in a private placement for an aggregate purchase price of $2,837,500. Each Private Unit consists of one share of Class A common stock and one warrant. The reported shares are the 283,750 shares of Class A common stock included in such Private Units. The warrants included in the Private Units will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination (the "Business Combination") and June 17, 2022, and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.
F2 The securities are held directly by the Sponsor and indirectly by Eduardo Clave as manager of the Sponsor. Certain of the Issuer's other directors and officers hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Mr. Clave and such other directors and officers disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.