Target Global Acquisition I Form 3 Initial statement of insider ownership

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^*

Target Global Sponsor Ltd.

(Last)

(First)

(Middle)

C/O TARGET GLOBAL ACQUISITION I CORP.

PO BOX 1093,BOUNDARY HALL,CRICKET SQUARE

(Street)

GRAND CAYMAN

KY1-1102

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/08/2021

3. Issuer Name and Ticker or Trading Symbol
Target Global Acquisition I Corp. [ TGAA ]

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)

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Class B ordinary shares	⁽¹⁾	⁽¹⁾	Class A ordinary shares	5,450,000⁽²⁾	⁽¹⁾	D⁽³⁾

Explanation of Responses:

1. As described in the Issuer's registration statement on Form S-1 (File No. 333-253732) (the "Form S-1") under the heading "Principal Shareholders", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination (or earlier at the option of the holder) at a ratio described in the Form S-1 under the heading "Description of Securities--Founder Shares", which ratio will in no event be less than one-to-one. The shares do not have any expiration date.

2. Includes up to 750,000 Class B ordinary shares that will be surrendered to the Issuer for no consideration by the Reporting Person depending on the extent to which the underwriters of the Issuer's initial public offering exercise their over-allotment option.

3. The Reporting Person is the sponsor of the Issuer. The Reporting Person is controlled by Shmuel Chafets, Alexander Frolov, Mikhail Lobanov and Yaron Valler, who have voting and investment discretion in respect of the Class B ordinary shares held by the Reporting Person and may be deemed to have shared beneficial ownership of such Class B ordinary shares. Each of Shmuel Chafets, Alexander Frolov, Mikhail Lobanov and Yaron Valler disclaims beneficial ownership of the shares held by the Reporting Person except to the extent of his pecuniary interest therein, directly or indirectly.

	/s/ Target Global Sponsor Ltd.; By its Authorized Signatory Heiko Dimmerling	12/08/2021
	** 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.

Target Global Acquisition I (TGAA) Form 3Initial statement of insider ownership