Sec Form 3 Filing - Antara Capital LP @ Direct Selling Acquisition Corp. - 2023-03-28

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
Antara Capital LP
2. Issuer Name and Ticker or Trading Symbol
Direct Selling Acquisition Corp. [ DSAQ]
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)
55 HUDSON YARDS, 47TH FLOOR, SUITE C
3. Date of Earliest Transaction (MM/DD/YY)
03/28/2023
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Class A Common Stock 955,100 ( 1 ) I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Antara Capital LP
55 HUDSON YARDS, 47TH FLOOR
SUITE C
NEW YORK, NY10001
X
Antara Capital Fund GP LLC
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital Master Fund LP
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital Total Return SPAC Master Fund LP
55 HUDSON YARDS
47TH FLOOR, SUITE C
NEW YORK, NY10001
X
Antara Capital GP LLC
55 HUDSON YARDS,
47TH FLOOR, SUITE C
NEW YORK, NY10001
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, NY10001
X
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 04/04/2023
Signature of Reporting Person Date
Antara Capital Fund GP LLC, By:/s/ Himanshu Gulati, Name: Himanshu Gulati, Title: Sole Member 04/04/2023
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 04/04/2023
Signature of Reporting Person Date
Antara Capital Total Return SPAC Fund GP LLC, By: /s/ Himanshu Gulati, Name: Himanshu Gulati, Title: Sole Member 04/04/2023
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 04/04/2023
Signature of Reporting Person Date
Antara Capital GP LLC, By: /s/ Himanshu Gulati, Name: Himanshu Gulati, Title: Sole Member, /s/ Himanshu Gulati 04/04/2023
Signature of Reporting Person Date
Himanshu Gulati 04/04/2023
Signature of Reporting Person Date
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

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