Valor Latitude Acquisition (VLAT) 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

OMB APPROVAL

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

1. Name and Address of Reporting Person^*

SOFTBANK GROUP CORP.

(Last) (First) (Middle)

1-7-1, KAIGAN

(Street)

MINATO-KU TOKYO M0 105-7537

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2023

3. Issuer Name and Ticker or Trading Symbol
Valor Latitude Acquisition Corp. [ VLAT ]

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)
Class A Ordinary Shares	3,000,000	I	By Phoenix SPAC Holdco LLC(1)

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
Class B Ordinary Shares	(2)	(2)	Class A Ordinary Shares	727,481	(2)	I	By Phoenix SPAC Holdco LLC(1)

1. Name and Address of Reporting Person^*

SOFTBANK GROUP CORP.

(Last) (First) (Middle)

1-7-1, KAIGAN

(Street)

MINATO-KU TOKYO M0 105-7537

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SBLA Holdings (Cayman) L.P.

(Last) (First) (Middle)

C/O WALKERS, 190 ELGIN AVENUE

(Street)

GEORGE TOWN E9 KY1-9008

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SB Global Advisers Ltd

(Last) (First) (Middle)

69 GROSVENOR STREET,

(Street)

LONDON X0 W1K 3JP

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SBLA Latin America Fund LLC

(Last) (First) (Middle)

251 LITTLE FALLS DRIVE

(Street)

WILMINGTON DE 19808

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SBLA Investments II LLC

(Last) (First) (Middle)

251 LITTLE FALLS DRIVE

(Street)

WILMINGTON DE 19808

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SLA Investments IV LLC

(Last) (First) (Middle)

251 LITTLE FALLS DRIVE

(Street)

WILMINGTON DE 19808

(City) (State) (Zip)

Explanation of Responses:

1. SoftBank Group Corp., which is a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is exclusively responsible for making final decisions related to the acquisition, structuring, financing and disposal of SBLA Latin America Fund LLC's investments, including as held by Phoenix SPAC Holdco LLC. SBLA Latin America Fund LLC is the managing member of SBLA Investments II LLC, which is the managing member of SLA Investments IV LLC, which is the general partner of SBLA Holdings (Cayman) L.P., which is the managing member of Phoenix SPAC Holdco LLC. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein.

2. The Class B ordinary shares (the "Class B Shares") will automatically convert into Class A Ordinary Shares of the Issuer at a ratio of no less than one-to-one on the first business day following the consummation of the Issuer's initial business combination, with the actual conversion rate as described in the section entitled "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-254159) filed with the Securities and Exchange Commission on April 19, 2021. The Class B Shares have no expiration date.

Remarks:

Following the filing of this Form 3, SoftBank Group Corp., SB Global Advisers Limited, SBLA Latin America Fund LLC, SBLA Investments II LLC, SLA Investments IV LLC and SBLA Holdings (Cayman) L.P. will file Section 16 reports jointly with Phoenix SPAC Holdco LLC.

	SoftBank Group Corp., By: /s/ Yuko Yamamoto, Head of Corporate Legal Department	04/11/2023
	SB Global Advisers Limited, By: /s/ Alex Clavel, as Director	04/11/2023
	SBLA Latin America Fund LLC, By: /s/ Jonathan Duckles, as Director	04/11/2023
	SBLA Investments II LLC, By: /s/ Jonathan Duckles, as Director	04/11/2023
	SLA Investments IV LLC, By: /s/ Jonathan Duckles, as Director	04/11/2023
	SBLA Holdings (Cayman) L.P., By: SoftBank Latin America Fund GP (Cayman) Ltd., its General Partner, By: /s/ Jonathan Duckles, as Director	04/11/2023
	** 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.