3//SEC Filing
Far Point LLC 3
Accession 0000899243-18-016340
CIK 0001735858other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 3:04 PM ET
Size
13.5 KB
Accession
0000899243-18-016340
Insider Transaction Report
Form 3
Cloudbreak Aggregator LP
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (15,692,500 underlying)
Loeb Daniel S
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (15,692,500 underlying)
Far Point LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (15,692,500 underlying)
Third Point LLC
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (15,692,500 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-225093) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
- [F2]These shares represent Class B common stock held by Far Point LLC, acquired pursuant to a subscription agreement by and between Far Point LLC (f/k/a FPAC Sponsor LLC) and the issuer. The Class B common stock owned by reporting persons includes up to 2,062,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
- [F3]Cloudbreak Aggregator LP, is the managing member of Far Point LLC, the issuer's sponsor, and an affiliate of Third Point LLC ("Third Point"). Daniel S. Loeb is the Chief Executive Officer of Third Point. Third Point and Mr. Loeb may be deemed to have indirect voting and dispositive power over the foregoing shares held by Far Point LLC. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein.
Issuer
Far Point Acquisition Corp
CIK 0001735858
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001739799
Filing Metadata
- Form type
- 3
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 3:04 PM ET
- Size
- 13.5 KB