David L. Motley - Jan 17, 2023 Form 4 Insider Report for Deep Lake Capital Acquisition Corp. (DLCA)

Role
Director
Signature
/s/ Mark Lavelle, Attorney-in-Fact
Stock symbol
DLCA
Transactions as of
Jan 17, 2023
Transactions value $
-$303,720
Form type
4
Date filed
1/19/2023, 02:37 PM
Previous filing
Feb 10, 2023
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLCA Class A ordinary shares, par value $0.0001 Disposed to Issuer -$304K -30K -100% $10.12 0 Jan 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the liquidation of Deep Lake Capital Acquisition Corp. (the "Company") and in accordance with its Amended and Restated Memorandum and Articles of Association, the Company distributed to the holders of its Class A ordinary shares issued in its initial public offering their pro-rata portion of the funds held in the trust account established for the benefit of such shareholders, as described in the current report on Form 8-K filed by the Company on January 3, 2023. In connection with the liquidation, the Company redeemed 30,000 shares of Class A ordinary shares of the Company held by the Reporting Person at $10.12396124 per share on January 17, 2023.