Goldman Sachs Group Inc - Nov 8, 2022 Form 3 Insider Report for IG Acquisition Corp. (IGAC)

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
IGAC
Transactions as of
Nov 8, 2022
Transactions value $
$0
Form type
3
Date filed
12/12/2022, 10:10 AM
Previous filing
Sep 15, 2022
Next filing
Nov 15, 2022
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IGAC Common Stock Class A 348K Nov 8, 2022 See Footnotes F1, F2

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 IGAC Warrant Nov 8, 2022 Common Stock Class A 80K See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. On November 8, 2022, the Reporting Persons experienced an increase in their beneficial ownership of IG Acquisition Copr.(the "Issuer") to above 10% of the outstanding Common Stock.
F2 The Common Stock of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group.
F3 Each share of IG Acquisition Corp. (the "Issuer") warrant is convertible into Class A Common Stock on a 1 for 1 basis at the holder's election at a price of $11.50 and will automatically convert immediately prior to the reclassification. The warrants expire 10/05/2027.