Chardan Monterey Investments LLC - Mar 9, 2023 Form 4 Insider Report for Monterey Innovation Acquisition Corp (MTRY)

Role: 10%+ Owner
Signature: Chardan Monterey Investments LLC, By: /s/ Jason T. Simon, as Attorney-in-Fact
Stock symbol: MTRY
Transactions as of: Mar 9, 2023
Transactions value $: $2,790
Form type: 4
Date filed: 4/11/2023, 08:00 PM
Previous filing: Apr 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTRY	Common Stock	Sale	-$79	-13.1K	-2.06%	$0.01^*	624K	Mar 9, 2023	Direct	F1, F2
transaction	MTRY	Common Stock	Purchase	$2.87K	+478K	+76.58%	$0.01^*	1.1M	Mar 9, 2023	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents shares of common stock transferred from Chardan Monterey Investments LLC ("Chardan") to certain affiliates of Chardan for a price per share of $0.006, pursuant to Share Transfer Agreements dated March 9, 2023.
F2	The shares are held directly by Chardan. Jonas Grossman, as the managing member of Chardan, has voting and dispositive power over the shares held by Chardan and may be deemed to beneficially own such shares. Mr. Grossman disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3	Represents shares of common stock transferred from NorthStar Bio Ventures, LLC ("NorthStar") to Chardan for a price per share of $0.006, pursuant to a Share Transfer Agreement dated March 9, 2023.