Sec Form 3 Filing - PACKER PAUL @ Forafric Global PLC - 2022-06-09

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
PACKER PAUL
2. Issuer Name and Ticker or Trading Symbol
Forafric Global PLC [ AFRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O GLOBIS CAPITAL PARTNERS LP, 7100 W. CAMINO REAL, SUITE 302-48
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2022
(Street)
BOCA RATON, FL33433
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
Ordinary Shares 2,830,000 I See Footnote( 1 )
Ordinary Shares 760,494 I See Footnote( 2 )
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
Ordinary Shares Purchase Warrant (right to buy) $ 11.5 ( 3 ) 06/09/2027 Ordinary Shares $ 3,628,889 I See Footnote( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PACKER PAUL
C/O GLOBIS CAPITAL PARTNERS LP
7100 W. CAMINO REAL, SUITE 302-48
BOCA RATON, FL33433
X X
Globis SPAC LLC
C/O GLOBIS ACQUISITION CORP.,
7100 W. CAMINO REAL, SUITE 302-48
BOCA RATON, FL33433
X
Signatures
/s/ Paul Packer 06/14/2022
Signature of Reporting Person Date
Globis SPAC LLC /s/ Paul Packer, Manager 06/14/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents securities held by Globis SPAC LLC, of which Mr. Packer is the sole manager.
( 2 )Represents securities held by Globis Capital Partners LP. Mr. Packer may be deemed to control and have voting and investment power over these securities. Mr. Packer disclaims beneficial ownership over these securities except to the extent of his pecuniary interest therein.
( 3 )The warrants became exercisable on June 9, 2022 upon the completion of the initial business combination (the "Business Combination") between Globis Acquisition Corp. and the issuer. The warrants are exercisable only so long as the beneficial ownership of the Reporting Persons would not exceed 9.9% of the Ordinary Shares outstanding immediately after giving effect to the exercise.

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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