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

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* Ignyte Sponsor LLC (Last) (First) (Middle) C/O IGNYTE ACQUISITION CORP. 640 FIFTH AVENUE, 4TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/27/2021	3. Issuer Name and Ticker or Trading Symbol Ignyte Acquisition Corp. [ IGNY ]
		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) Form filed by One Reporting Person X 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)
Common Stock	1,437,500(1)	I	By Ignyte Sponsor LLC(6)

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
Redeemable Warrant	(3)	(4)	Common Stock	2,350,000(2)	(5)	I	By Ignyte Sponsor LLC(6)

1. Name and Address of Reporting Person* Ignyte Sponsor LLC (Last) (First) (Middle) C/O IGNYTE ACQUISITION CORP. 640 FIFTH AVENUE, 4TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Rosenberg David I. (Last) (First) (Middle) C/O IGNYTE ACQUISITION CORP. 640 FIFTH AVENUE, 4TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Co-Chief Executive Officer

1. Name and Address of Reporting Person* Strupp David J. (Last) (First) (Middle) C/O IGNYTE ACQUISITION CORP. 640 FIFTH AVENUE, 4TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Co-Chief Executive Officer

Explanation of Responses:

1. Includes up to 187,500 shares of common stock of the Issuer which are subject to forfeiture to the extent the over-allotment option in the Issuer's initial public offering is not exercised in full.

2. Represents 2,350,000 shares of common stock underlying warrants of the Issuer which the Reporting Person irrevocably committed to purchase. The purchase of these warrants is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering. Does not include shares of common stock underlying an aggregate of 150,000 additional warrants which the reporting person irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full.

3. Each warrant will become exercisable 30 days after the completion of the Issuer's initial business combination.

4. Each Warrant will expire five years after the completion of the Issuer's initial business combination, or earlier upon redemption.

5. Each Warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share.

6. David I. Rosenberg and David J. Strupp, Jr. are managing members of this entity and may be deemed to be the beneficial owners of the securities held thereby. Each disclaims beneficial ownership except to the extent of his respective pecuniary interest therein.

	/s/ David J. Strupp, Jr., as managing member of Ignyte Sponsor LLC	01/27/2021
	/s/ David J. Strupp, Jr.	01/27/2021
	/s/ David I. Rosenberg	01/27/2021
	** 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.