CEMAC Sponsor LP - Nov 30, 2021 Form 3 Insider Report for Capitalworks Emerging Markets Acquisition Corp (CMCA)

Role: 10%+ Owner
Signature: /s/ Robert Alexander Oudhof, Sole Director of CEMAC Sponsor GP, the General Partner of CEMAC Sponsor LP
Stock symbol: CMCA
Transactions as of: Nov 30, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/2/2021, 08:51 PM
Next filing: May 25, 2023

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	CMCA	Class B Ordinary Shares							Nov 30, 2021	Class A Ordinary Shares	5.75M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the Issuer's registration statement on Form S-1 (File No. 333-260513) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein.
F2	These shares represent Class B ordinary shares held by the reporting entity acquired pursuant to a subscription agreement by and between the reporting entity and the issuer. The Class B ordinary shares owned by the reporting entity includes up 750,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option as described in the issuer's registration statement.

Content

As described in the Issuer's registration statement on Form S-1 (File No. 333-260513) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein.

These shares represent Class B ordinary shares held by the reporting entity acquired pursuant to a subscription agreement by and between the reporting entity and the issuer. The Class B ordinary shares owned by the reporting entity includes up 750,000 shares that are subject to forfeiture in the event the underwriters of the issuer's initial public offering do not exercise in full their over-allotment option as described in the issuer's registration statement.