Pfta I Lp - Jul 20, 2021 Form 3 Insider Report for PORTAGE FINTECH ACQUISITION CORP. (PFTA)

Role
10%+ Owner
Signature
/s/ Sacha Haque, as Director of PFTA I GP, Inc., General Partner of PFTA I LP
Stock symbol
PFTA
Transactions as of
Jul 20, 2021
Transactions value $
$0
Form type
3
Date filed
7/21/2021, 06:01 AM
Next filing
Aug 9, 2021

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 PFTA Class B ordinary shares Jul 20, 2021 Class A ordinary shares 6.75M Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This form is being filed by the following Reporting Persons: PFTA I LP (the "Sponsor") and PFTA I GP, Inc. (the "General Partner").
F2 As described in the issuer's registration statement on Form S-1 (File No. 333-257185 ) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F3 The Class B ordinary shares beneficially owned by the reporting person include up to 900,000 shares that are subject to forfeiture to the extent the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
F4 The Sponsor is controlled by the General Partner, its general partner. The General Partner is managed by a board of directors, comprised of three members, Adam Felesky, Sacha Haque and Stephan Klee. Each director has one vote, and the approval of a majority is required to approve any action of the General Partner, in its individual capacity or its capacity as the general partner of the Sponsor. All of the shares held by the Sponsor may be deemed to be beneficially held by the General Partner and no individual director of the General Partner will be deemed to have or share beneficial ownership of such shares.

Remarks:

Exhibit List: 99.1 - Joint Filing Agreement