Initial Statement of Beneficial Ownership (3)
05 April 2023 - 01:27AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Antara Capital LP |
2. Date of Event Requiring Statement
(MM/DD/YYYY)
3/28/2023
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3. Issuer Name and Ticker or Trading
Symbol Direct Selling Acquisition Corp. [DSAQ] |
(Last)
(First)
(Middle)
55 HUDSON YARDS, 47TH FLOOR, SUITE C |
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director ___X___
10% Owner
_____ Officer (give title
below) _____
Other (specify below)
|
(Street)
NEW
YORK, NY 10001
(City)
(State)
(Zip)
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5. If Amendment, Date Original
Filed(MM/DD/YYYY)
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6. Individual or Joint/Group
Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Beneficially
Owned
|
1.Title of Security
(Instr. 4) |
2. Amount of Securities Beneficially Owned
(Instr. 4) |
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) |
4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Class A Common Stock |
955100 (1) |
I |
See Footnotes (1)(2)(3)(4) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 4) |
2. Date Exercisable and Expiration Date
(MM/DD/YYYY) |
3. Title and Amount of Securities Underlying
Derivative Security
(Instr. 4) |
4. Conversion or Exercise Price of Derivative
Security |
5. Ownership Form of Derivative Security: Direct (D)
or Indirect (I)
(Instr. 5) |
6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
The reported securities are
held as follows: (i) 477,600 shares of Class A Common Stock are
held directly by Antara Capital Master Fund LP ("Antara Master
Fund") and (ii) 477,500 shares of Class A Common Stock are held
directly by Antara Capital Total Return SPAC Master Fund LP
("Antara SPAC Fund"). |
(2) |
This Form 3 is being filed
on behalf of (i) Antara Master Fund, a Cayman Islands exempted
limited partnership, (ii) Antara SPAC Fund, a Cayman Islands
exempted limited partnership, (iii) Antara Capital LP, a Delaware
limited partnership ("Antara Capital"), (iv) Antara Capital GP LLC,
a Delaware limited liability company ("Antara GP"), (v) Antara
Capital Fund GP LLC, a Delaware limited liability company ("Antara
Fund GP"), (vi) Antara Capital Total Return SPAC Fund GP LLC, a
Delaware limited liability company ("SPAC Fund GP"), and (vi)
Himanshu Gulati (collectively, the "Reporting
Persons"). |
(3) |
Antara Capital serves as the
investment manager of Antara Master Fund and Antara SPAC Fund.
Antara Fund GP is the general partner of Antara Master Fund, SPAC
Fund GP is the general partner of Antara SPAC Fund, and Antara GP
is the general partner of Antara Capital. Himanshu Gulati is the
sole member of Antara Fund GP, SPAC Fund GP, and Antara GP. Because
of the foregoing relationships each of Antara Capital, Antara GP,
Antara Fund GP, SPAC Fund GP and Himanshu Gulati may be deemed to
indirectly beneficially own the securities held directly by Antara
Master Fund and/or Antara SPAC Fund and each disclaims beneficial
ownership of all such securities except to the extent of their
respective pecuniary interest therein. |
(4) |
This report shall not be
deemed an admission that the Reporting Persons, or any other person
is the beneficial owner of the securities reported herein for
purposes of Section 16 of the Securities Exchange Act of 1934, as
amended, or for any other purpose. |
Remarks:
Exhibit 24.1 - Power of Attorney |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Antara Capital LP
55 HUDSON YARDS, 47TH FLOOR
SUITE C
NEW YORK, NY 10001 |
|
X |
|
|
Antara Capital Fund GP LLC
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY 10001 |
|
X |
|
|
Antara Capital Master Fund LP
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY 10001 |
|
X |
|
|
Antara Capital Total Return SPAC Master Fund
LP
55 HUDSON YARDS
47TH FLOOR, SUITE C
NEW YORK, NY 10001 |
|
X |
|
|
Antara Capital GP LLC
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY 10001 |
|
X |
|
|
Antara Capital Total Return SPAC Fund GP LLC
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY |
|
X |
|
|
Gulati Himanshu
55 HUDSON YARDS
47TH FLOOR, SUITE C
NEW YORK, NY 10001 |
|
X |
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Signatures
|
Antara Capital Master Fund LP, By: Antara Capital
Fund GP LLC, Its: General Partner, By: /s/ Himanshu Gulati, Name:
Himanshu Gulati, Title: Sole Member |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Antara Capital Fund GP LLC, By: /s/ Himanshu
Gulati, Name: Himanshu Gulati, Title: Sole Member |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Antara Capital Total Return SPAC Master Fund LP,
By: Antara Capital Total Return SPAC Fund GP LLC, Its: General
Partner, By: /s/ Himanshu Gulati, Name: Himanshu Gulati, Title:
Sole Member |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Antara Capital Total Return SPAC Fund GP LLC, By:
/s/ Himanshu Gulati, Name: Himanshu Gulati, Title: Sole
Member |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Antara Capital LP, By: Antara Capital GP LLC,
Its: General Partner, By: /s/ Himanshu Gulati, Name: Himanshu
Gulati, Title: Sole Member |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Antara Capital GP LLC, By: /s/ Himanshu Gulati,
Name: Himanshu Gulati, Title: Sole Member, /s/ Himanshu
Gulati |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Himanshu Gulati |
|
4/4/2023 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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