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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1885461	Shoulderup Technology Acquisition Corp.	SUAC.U	()	DE

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1884949	Shoulderup Technology Sponsor, Llc	C/O Shoulderup Technology Acquisition Corp. 125 Townpark Drive, Suite 300 Kennesaw GA 30144		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-11-19	13,500,000	$0.00	13,500,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			10,450,000	10,450,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	10,450,000	10,450,000	Direct

Footnotes

Consists of 13,500,000 units of the issuer, purchased by ShoulderUp Technology Sponsor LLC (the "Sponsor") in a private placement transaction for $10.00 per unit. Each such unit consists of one share of Class A common stock and one-half of one redeemable warrant.
The Sponsor is the record holder of the shares reported herein. Phyllis Newhouse is the managing member of the Sponsor and may be deemed to have or share the beneficial ownership of the securities held by the Sponsor. Ms. Newhouse is also a director of and the Chief Executive Officer of the issuer. Ms. Newhouse disclaims beneficial ownership over any securities except to the extent of her pecuniary interest therein.
The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination as described under the heading "Description of Securities - Founder Shares and Private Placement Shares" in the issuer's registration statement on Form S-1, as amended (File No. 333-260503), on a one-for-one basis, subject to adjustment for stock splits, stock capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights. The shares of Class B common stock have no expiration date.
On November 19, 2021, the issuer effected a 1.0627119 for 1 stock split of the Class B common stock, which resulted in a change from 9,833,333 shares to 10,450,000 shares of Class B common stock as of such date.