Form 4: Dave Wentz Reports Changes in Beneficial Ownership of Direct Selling Acquisition Corp. (DSAQ)
Sentiment:
SEC Form 4
Dave Wentz, CEO and Director of Direct Selling Acquisition Corp., reports a transaction involving 5,749,000 shares of Class A Common Stock on March 29, 2024.
Summary
- On March 29, 2024, Dave Wentz, the CEO and a Director of Direct Selling Acquisition Corp. (DSAQ), reported a change in beneficial ownership.
- The transaction involved 5,749,000 shares of Class A Common Stock.
- Wentz also indirectly holds 5,749,000 shares of Class B Common Stock through DSAC Partners LLC, where he has voting and investment discretion.
- The Class B Common Stock is convertible to Class A Common Stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing changes in ownership. It doesn't inherently indicate positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction involving Class A and Class B Common Stock |
| 04/02/2024 | Date of signature for the Form 4 filing |
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