Paul J. Evanson - Jun 9, 2023 Form 4 Insider Report for Zimmer Energy Transition Acquisition Corp. (ZT)

Role: Director
Signature: /s/ Paul J. Evanson
Stock symbol: ZT
Transactions as of: Jun 9, 2023
Transactions value $: -$512,300
Form type: 4
Date filed: 6/13/2023, 04:18 PM
Previous filing: Jul 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZT	Class A Common Stock	Disposed to Issuer	-$512K	-50K	-100%	$10.25	0	Jun 9, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On June 2, 2023, Zimmer Energy Transition Acquisition Corp. (the "Issuer") announced that it will redeem all of its outstanding shares of Class A Common Stock that were included in the units issued in its initial public offering (the "Public Shares"), as the Issuer will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation. The per share redemption price for the Public Shares will be $10.24600261, which was definitively determined on June 9, 2023. As of the close of business on June 16, 2023, the Public Shares, including all shares of Class A Common Stock that were beneficially owned by the Reporting Person, will be deemed cancelled and will represent only the right to receive the redemption amount.

Content

On June 2, 2023, Zimmer Energy Transition Acquisition Corp. (the "Issuer") announced that it will redeem all of its outstanding shares of Class A Common Stock that were included in the units issued in its initial public offering (the "Public Shares"), as the Issuer will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation. The per share redemption price for the Public Shares will be $10.24600261, which was definitively determined on June 9, 2023. As of the close of business on June 16, 2023, the Public Shares, including all shares of Class A Common Stock that were beneficially owned by the Reporting Person, will be deemed cancelled and will represent only the right to receive the redemption amount.