Sec Form 4 Filing - Revofast LLC @ Fintech Ecosystem Development Corp. - 2022-10-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
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
Revofast LLC
2. Issuer Name and Ticker or Trading Symbol
Fintech Ecosystem Development Corp. [ FEXD]
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)
110 SPRINGHOUSE DRIVE, SUITE 204
3. Date of Earliest Transaction (MM/DD/YY)
10/20/2022
(Street)
COLLEGEVILLE, PA19426
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
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 Common Stock $ 3 10/20/2022 D( 2 ) 500,000 ( 1 ) ( 1 ) Class A Common Stock 500,000 $ 0 2,780,000 D( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Revofast LLC
110 SPRINGHOUSE DRIVE
SUITE 204
COLLEGEVILLE, PA19426
X
Khandaker Saiful
110 SPRINGHOUSE DRIVE
SUITE 204
COLLEGEVILLE, PA19426
X X Chief Executive Officer
Signatures
/s/ Saiful Khandaker, as Manager of Revofast LLC 10/24/2022
Signature of Reporting Person Date
/s/ Saiful Khandaker, as Managing Member of Revofast Ventures LLC 10/24/2022
Signature of Reporting Person Date
/s/ Saiful Khandaker 10/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each Class B Ordinary Share will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments, and have no expiration date.
( 2 )On October 20, 2022, Revofast LLC (the "Sponsor") sold 500,000 shares of Class B common stock to Revofast Ventures LLC (the "Sponsor Affiliate") for $3.00 per share. Following consummation of the transaction, the Sponsor is the direct holder of 2,280,000 shares of Class B common stock and the Sponsor Affiliate is the direct holder of 500,000 shares of Class B common stock. Mr. Saiful Khandaker is the Manager of the Sponsor and the Managing Member of the Sponsor Affiliate and has voting and dispositive power over the shares held by each of the Sponsor and the Sponsor Affiliate. Mr. Khandaker disclaims beneficial ownership over any securities owned by the Sponsor and the Sponsor Affiliate in which he does not have a pecuniary interest.

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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