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Direct Selling Acquisition Corp(DSAQ.US) 10% Shareholder Sells US$5.03 Million in Common Stock

moomoo News ·  May 13 06:52

$Direct Selling Acquisition Corp (DSAQ.US)$ 10% Shareholder Antara Capital LP sold 477.6K shares of common stock on Apr 27, 2023 at an average price of $10.53 for a total value of $5.03 million.

This transaction involves other related parties: Antara Capital Master Fund LP, Antara Capital Fund GP LLC, Antara Capital Total Return SPAC Master Fund LP, Antara Capital Total Return SPAC Fund GP LLC, Antara Capital GP LLC and Gulati Himanshu.

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Source: Announcement

What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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