Sec Form 3 Filing - CC SPONSOR LLC @ Crescera Capital Acquisition Corp. - 2021-11-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CC SPONSOR LLC
2. Issuer Name and Ticker or Trading Symbol
Crescera Capital Acquisition Corp. [ CREC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
11/18/2021
(Street)
RIO DE JANEIRO, RJ, D522410-050
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares ( 1 )( 2 ) ( 1 )( 2 ) ( 1 )( 2 ) Class A ordinary shares 5,758,333 D( 3 )( 4 )
Reporting Owners
Reporting Owner Name / Address Rel ationships
Director 10% Owner Officer Other
CC SPONSOR LLC
C/O CRESCERA CAPITAL ACQUISITION CORP.
RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR
RIO DE JANEIRO, RJ, D522410-050
X
Signatures
/s/ Jaime Cardoso Danvila as Authorized Signatory for CC Sponsor LLC 11/18/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person holds 5,758,333 Class B ordinary shares of the Issuer ("Class B Shares"). The Class B Shares may be converted into Class A ordinary shares of the Issuer ("Class A Shares") concurrently with or following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustments, as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1/A (File No. 333-255382) filed with the Securities and Exchange Commission on October 27, 2021. The Class B Shares have no expiration date.
( 2 )Up to 875,000 of the Class B Shares held by the Reporting Person are subject to forfeiture for no consideration depending on the extent to which the underwriters' over-allotment option is exercised.
( 3 )The Reporting Person is the record holder of these shares, and the Reporting Person is controlled by a board of managers consisting of Jaime Cardoso Danvila, Daniel Arthur Borghi and Felipe Samuel Argalji. Each manager of the Reporting Person has one vote, and the approval of two of the three members of the board of managers is required to approve an action of the Reporting Person. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by two or more individuals, and a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. This is the situation with regard to the Reporting Person.
( 4 )Based upon the foregoing analysis, no individual manager of the Reporting Person exercises voting or dispositive control over any of the securities held by the Reporting Person even those in which such individual manager directly holds a pecuniary interest. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares and, for the avoidance of doubt, each expressly disclaims any such beneficial interest to the extent of any pecuniary interest he may have therein, directly or indirectly.

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 4(b)(v).
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