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Filing Details

Accession Number:: 0001209191-23-021547
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-03-29 17:49:43
Reporting Period:: 2023-03-23

Accepted Time:: 2023-03-29 17:49:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1826671	Near Intelligence Inc.	NIR	Services-Computer Processing & Data Preparation (7374)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1971355	Um Legacy Llc	130 West Union Street Pasadena CA 91103		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2023-03-23	7,120,714	$0.00	7,120,714	No	4	A	Direct
Class A Common Stock	Disposition	2023-03-27	145,889	$4.88	6,974,825	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	5,708	$6.10	6,969,117	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	9,403	$6.56	6,959,714	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	7,998	$7.78	6,951,716	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	3,936	$8.94	6,947,780	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	3,415	$9.69	6,944,365	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	779	$10.50	6,943,586	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-27	172	$12.00	6,943,414	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-28	74,750	$3.61	6,868,664	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-28	26,916	$4.45	6,841,748	No	4	S	Direct
Class A Common Stock	Disposition	2023-03-29	255,088	$2.77	6,586,660	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

Received pursuant to the Agreement and Plan of Merger, dated as of May 18, 2022 (as amended from time to time), by and among KludeIn I Acquisition Corp. ("KludeIn"), Paas Merger Sub 1 Inc., a wholly-owned subsidiary of KludeIn ("Merger Sub 1"), Paas Merger Sub 2 LLC, a wholly-owned subsidiary of KludeIn ("Merger Sub 2"), and Near Intelligence Holdings Inc. ("Near") pursuant to which, as a result of a merger between Near and Merger Sub 1 with Near surviving this first merger, then merging with Merger Sub 2, Near became a direct, wholly-owned subsidiary of KludeIn, which subsequently changed its name to Near Intelligence, Inc. (the "Issuer"). The transactions contemplated by the Merger Agreement are referred to herein as the "Business Combination."
Pursuant to the Merger Agreement and in connection with the closing of the Business Combination, (i) each share of Near Holdings capital stock outstanding as of immediately prior to the effective time of the First Merger was converted into a right to receive a number of KludeIn Class A Shares determined on the basis of a conversion ratio of 107.660 and (ii) each membership interest of Merger Sub 2 issued and outstandingimmediately prior to the effective time of the Second Merger remained outstanding as a membership interest of the Merger Sub 2 and all shares of common stock of Near Holdings were no longer outstanding and were automatically cancelled and ceased to exist.
The power to vote or dispose of securities issued by the Issuer and held by UM Legacy LLC ("UML") is shared by individual managers of the UML Board of Managers, none of whom has veto power. Under the terms of the Limited Liability Company Agreement of UML, its Board of Managers is comprised of five Managers. As of March 29, 2023, three of the five seats are filled by Tom McGovern, Tige Savage, and John H. Wyant. Of the two remaining seats, Accel X L.P., may appoint a Manager but has not elected to do so while the remaining seat shall be elected by, and may only be removed without cause by, the unanimous affirmative vote or written consent of the other managers then serving on the UML's Board of Managers. Messrs. McGovern, Savage and Wyant disclaim any beneficial ownership of the securities issued by the Issuer.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.60 to $5.50, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (12) to this Form 4.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.51 to $6.235, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $6.50 to $7.22, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $7.50 to $8.37, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $8.51 to $9.42, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.50 to $10.25, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $3.22 to $4.20, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.22 to $4.80, inclusive.
Represents weighted average sale price. These shares were sold in multiple transactions at prices ranging from $2.50 to $3.35, inclusive.