X0206 3 2020-07-21 0 0001805521 Property Solutions Acquisition Corp. PSACU 0001817869 Property Solutions Acquisition Sponsor, LLC C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK NY 10065 0 0 1 0 0001818436 Vogel Jordan C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK NY 10065 1 1 1 0 Co-Chief Executive Officer 0001818814 Feldman William Aaron C/O PROPERTY SOLUTIONS ACQUISITION CORP. 654 MADISON AVENUE, SUITE 1009 NEW YORK NY 10065 1 1 1 0 Co-Chief Executive Officer Common Stock 6185000 I By Property Solutions Acquisition Sponsor LLC Warrant Common Stock 435000 I By Property Solutions Acquisition Sponsor LLC Includes securities underlying 435,000 units which, prior to the effective date of the registration statement relating to the Issuer's initial public offering, Property Solutions Acquisition Sponsor, LLC (the "Sponsor") irrevocably committed to purchase. Each unit consists of one share of common stock and one warrant entitling the holder to purchase one share of common stock. The purchase of these units 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 securities underlying up to 48,785 additional units which the Sponsor irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full. Includes up to 750,000 shares of common stock that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full. The shares and warrants underlying the units are owned directly by the Sponsor, of which Jordan Vogel and Aaron Feldman are managing members. Messrs. Vogel and Feldman disclaim beneficial ownership of the securities held by the Sponsor except to the extent of their pecuniary interests therein. Each warrant will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or July ___, 2021. Each warrant will expire five years after the completion of the Issuer's initial business combination. Each warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising or reorganization transactions. /s/ Jordan Vogel 2020-07-21 /s/ W. Aaron Feldman 2020-07-21 Property Solutions Acquisition Sponsor, LLC, by Jordan Vogel, Managing Member 2020-07-21