SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Spree Operandi, LP

(Last) (First) (Middle)
C/O SPREE ACQUISITION CORP. 1 LIMITED
1922 WILDWOOD PLACE NE

(Street)
ATLANTA GA 30324

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/15/2021
3. Issuer Name and Ticker or Trading Symbol
Spree Acquisition Corp. 1 Ltd [ SHAPU ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares(1) 5,031,250(2) I By Spree Operandi US L.P.(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The shares reported hereby are Class A ordinary shares that are issuable on a one-for-one basis upon automatic conversion of an equivalent number of Class B ordinary shares beneficially owned by the Reporting Person, which conversion will occur upon consummation of the Issuer's initial business combination. Class B ordinary shares and Class A ordinary shares are generally entitled to identical economic and voting rights, with certain limited exceptions, and are therefore treated as a single class for purposes hereof.
2. Up to 656,250 of the 5,031,250 shares reported herein are subject to forfeiture to the extent the underwriters for the Issuer's initial public offering do not exercise their over-allotment option for that offering by January 29, 2022.
3. The shares reported in this row are held of record by Spree Operandi U.S. LP, a wholly-owned subsidiary of the Reporting Person. Spree Operandi GP Limited, a company that is owned in equal part by Eran Plaut and Pureplay Investment LP (which is majority owned by Shay Kronfeld), serves as the sole general partner of each of the Reporting Person and Spree Operandi U.S. LP, and, consequently, possesses shared voting and investment power with respect to the shares reported in this row. The limited partnership interests of the Reporting Person are held by various individuals and entities.
Spree Operandi, LP: By Spree Operandi GP Limited, its sole general partner; By: /s/ Jonathan Nathan as attorney for Shay Kronfeld, Director 01/13/2022
** Signature of Reporting Person Date
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 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.