0001140361-21-005131.txt : 20210216 0001140361-21-005131.hdr.sgml : 20210216 20210216215742 ACCESSION NUMBER: 0001140361-21-005131 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210216 FILED AS OF DATE: 20210216 DATE AS OF CHANGE: 20210216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JTJT PARTNERS LLC CENTRAL INDEX KEY: 0001841558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40062 FILM NUMBER: 21642459 BUSINESS ADDRESS: STREET 1: 2200 S UTICA PLACE, SUITE 450 CITY: TULSA STATE: OK ZIP: 74114 BUSINESS PHONE: 918-957-1086 MAIL ADDRESS: STREET 1: 2200 S UTICA PLACE, SUITE 450 CITY: TULSA STATE: OK ZIP: 74114 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SportsTek Acquisition Corp. CENTRAL INDEX KEY: 0001836259 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2200 S. UTICA PLACE, SUITE 450 CITY: TULSA STATE: OK ZIP: 74114 BUSINESS PHONE: 918-317-2512 MAIL ADDRESS: STREET 1: 2200 S. UTICA PLACE, SUITE 450 CITY: TULSA STATE: OK ZIP: 74114 3 1 form3.xml FORM 3 X0206 3 2021-02-16 0 0001836259 SportsTek Acquisition Corp. SPTK 0001841558 JTJT PARTNERS LLC 2200 S. UTICA PLACE, SUITE 450 TULSA OK 74114 true Class B Common Stock Class A Common Stock 3546250 D Shares of Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on form S-1 (File No. 333-252604) and have no expiration date. Includes up to 468,750 shares of Class B Common Stock that are subject to forfeiture if the underwriter of the Issuer's initial public offering does not exercise in full its option to purchase additional units, JTJT Partners LLC ("JTJT") is member managed and James Carney, Timothy W. Clark, Tavo Hellmund and Jeffrey Luhnow are the four members of JTJT. Any action by JTJT with respect to the Issuer or the shares reported herein, including voting and dispositive decisions, requires a vote of at least 80% of the units held by the members, which based on current equity holders of JTJT, requires at least three of the four members. Under the so-called "rule of three," because voting and dispositive decisions are made by a majority of JTJT's members, none of the members of JTJT is deemed to be a beneficial owner of the shares. Exhibit 24 Power of Attorney /s/ Regina Braman as attorney-in-fact 2021-02-16 EX-24 2 brhc10020453_ex24.htm EXHIBIT 24
Exhibit 24

POWER OF ATTORNEY
 
The undersigned hereby constitutes and appoints each of Timothy W. Clark, Chief Financial Officer of SportsTek Acquisition Corp., a Delaware corporation (the “Company”), and Jeeho Lee, Su Lian Lu and Regina Braman of O’Melveny & Myers LLP, outside counsel to the Company, or any of them signing singly, and with full power of substitution, the undersigned’s true and lawful attorney‑in‑fact to:
 

 (1)
prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 as amended and the rules thereunder (the “Exchange Act”) or any rule or regulation of the SEC;
 

 (2)
execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of the Company, Forms 3, 4, and 5 in accordance with Section 16(a) of the Exchange Act, and/or authenticating documents pursuant to the rules governing the SEC’s EDGAR Filer Management and application thereto;
 

 (3)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such forms with the SEC and any stock exchange or similar authority; and
 

 (4)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney‑in‑fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney‑in‑fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney‑in‑fact may approve in such attorney‑in‑fact’s discretion.
 
The undersigned hereby grants to each such attorney‑in‑fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney‑in‑fact, or such attorney‑in‑fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.
 
The undersigned acknowledges that:
 
(1)
neither the Company nor the foregoing attorney-in-fact assumes (i) any liability for the undersigned’s responsibility to comply with the requirement of the Exchange Act, (ii) any liability of the undersigned for any failure to comply with such requirements or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

(2)
this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned’s obligations under the Exchange Act, including without limitation the reporting requirements under Section 16 of the Exchange Act.
 
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys‑in‑fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25th day of January, 2021.
 
  /s/ Timothy W. Clark
  
 
Signature
  
  JTJT PARTNERS LLC
  
     
  Timothy W. Clark  
 
 Print Name