Filing Details

Accession Number:
0000905148-19-000346
Form Type:
13G Filing
Publication Date:
2019-02-14 16:11:02
Filed By:
Anchorage Advisors
Company:
Far Point Acquisition Corp
Filing Date:
2019-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
ANCHORAGE CAPITAL GROUP 0 4,000,000 0 4,000,000 4,000,000 6.3%
ANCHORAGE ADVISORS MANAGEMENT 0 4,000,000 0 4,000,000 4,000,000 6.3%
KEVIN M. ULRICH 0 4,000,000 0 4,000,000 4,000,000 6.3%
Filing


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No.  )*
 
FAR POINT ACQUISITION CORPORATION
(Name of Issuer)
Class A common stock, par value $0.0001 per share
(Title of Class of Securities)
30734W109
(CUSIP Number)
December 31, 2018
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[ X ]     Rule 13d-1(b)
[     ]     Rule 13d-1(c)
[      ]    Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

Continued on following pages
Page 1 of 9 Pages
Exhibit Index: Page 8
 
 
 
SCHEDULE 13G
CUSIP No. :  30734W109
 
Page 2 of 9 Pages
   
1.
Names of Reporting Persons.
 
ANCHORAGE CAPITAL GROUP, L.L.C.
2.
Check the Appropriate Box if a Member of a Group
 
(a) [     ]
(b) [     ]
3.
SEC Use Only
 
4.
Citizenship or Place of Organization
 
Delaware
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
5.
 
Sole Voting Power
0
6.
 
Shared Voting Power
4,000,000
7.
 
Sole Dispositive Power
0
8.
 
Shared Dispositive Power
4,000,000
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
4,000,000
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
11.
Percent of Class Represented by Amount in Row (9)
 
6.3%
12.
Type of Reporting Person:
 
OO, IA

 
 
SCHEDULE 13G
CUSIP No. :  30734W109
 
Page 3 of 9 Pages
   
1.
Names of Reporting Persons.
 
ANCHORAGE ADVISORS MANAGEMENT, L.L.C.
2.
Check the Appropriate Box if a Member of a Group
 
(a) [     ]
(b) [     ]
3.
SEC Use Only
 
4.
Citizenship or Place of Organization
 
Delaware
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
5.
 
Sole Voting Power
0
6.
 
Shared Voting Power
4,000,000
7.
 
Sole Dispositive Power
0
8.
 
Shared Dispositive Power
4,000,000
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
4,000,000
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
11.
Percent of Class Represented by Amount in Row (9)
 
6.3%
12.
Type of Reporting Person:
 
OO, HC
 
 
 
 
 
SCHEDULE 13G
CUSIP No. :  30734W109
 
Page 4 of 9 Pages
   
1.
Names of Reporting Persons.
 
KEVIN M. ULRICH
2.
Check the Appropriate Box if a Member of a Group
 
(a) [     ]
(b) [     ]
3.
SEC Use Only
 
4.
Citizenship or Place of Organization
 
Canada
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
5.
 
Sole Voting Power
0
6.
 
Shared Voting Power
4,000,000
7.
 
Sole Dispositive Power
0
8.
 
Shared Dispositive Power
4,000,000
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
4,000,000
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
11.
Percent of Class Represented by Amount in Row (9)
 
6.3%
12.
Type of Reporting Person:
 
IN, HC
 
 


Page 5 of 9 Pages
 

Item 1(a). 
Name of Issuer:
 
Far Point Acquisition Corporation(the “Issuer”)
 
Item 1(b). 
Address of Issuer’s Principal Executive Offices:
 
18 West 18th Street, New York, NY 10011

Item 2(a). 
Name of Person Filing:

This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):
 
 
i)
Anchorage Capital Group, L.L.C. (“Capital Group”);
  ii) Anchorage Advisors Management, L.L.C. (“Management”); and
  iii) 
Kevin M. Ulrich (“Mr. Ulrich”).
 

This statement relates to Shares (as defined herein) underlying Units (as defined herein) held for the account of Anchorage Capital Master Offshore, Ltd., a Cayman Islands exempted company incorporated with limited liability (“ACMO”).  Capital Group is the investment advisor to ACMO. Management is the sole managing member of Capital Group. Mr. Ulrich is the Chief Executive Officer of Capital Group and the senior managing member of Management.

Item 2(b). 
Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons is 610 Broadway, 6th Floor, New York, NY 10012.

Item 2(c). 
Citizenship:
 
 
i)
Capital Group is a Delaware limited liability company;
  ii)
Management is a Delaware limited liability company; and
  iii) 
Mr. Ulrich is a citizen of Canada.
 

 
Item 2(d). 
Title of Class of Securities:
 
Class A common stock, par value $0.0001 per share (the “Shares”)
 
Item 2(e). 
CUSIP Number:
 
30734W109
 
Item 3. 
If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c),
Check Whether the Person Filing is a:

(e) [X] An investment adviser in accordance with §240.13d-(b)(1)(ii)(E).
(g) [X] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
 
 
 
Page 6 of 9 Pages
 
 
Item 4. 
Ownership:

Item 4(a) 

Amount Beneficially Owned:
 
As of December 31, 2018, each of the Reporting Persons may be deemed the beneficial owner of 4,000,000 Shares underlying units (“Units”) held for the account of ACMO.  This amount excludes warrants to purchase Shares (“Warrants”) underlying the Units, because the Reporting Persons do not have the right to acquire the Shares underlying the Warrants within 60 days.
 
Item 4(b) 
Percent of Class:

As of December 31, 2018, each of the Reporting Persons may be deemed the beneficial owner of approximately 6.3% of Shares outstanding. (There were 63,250,000 Shares outstanding as of November 14, 2018, according to the Issuer’s quarterly report on Form 10-Q, filed November 14, 2018.)
 
Item 4(c) 
Number of Shares of which such person has:
 
Capital Group, Management and Mr. Ulrich:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
4,000,000
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
4,000,000
 
Item 5. 
Ownership of Five Percent or Less of a Class:
 
This Item 5 is not applicable.
 
Item 6. 
Ownership of More than Five Percent on Behalf of Another Person:
 
See disclosure in Items 2 and 4 hereof.  ACMO is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this Statement that may be deemed to be beneficially owned by the Reporting Persons.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company or Control Person:

See disclosure in Item 2 hereof.
 
Item 8. 
Identification and Classification of Members of the Group:
 
This Item 8 is not applicable.
 
Item 9. 
Notice of Dissolution of Group:
 
This Item 9 is not applicable.
 
Item 10. 
Certification:
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
 
 
Page 7 of 9 Pages
 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
 
ANCHORAGE CAPITAL GROUP, L.L.C.
 
       
 
By:
/s/ Kevin M. Ulrich  
  Name: Kevin M. Ulrich  
  Title:  Chief Executive Officer
 
       
 
 
ANCHORAGE ADVISORS MANAGEMENT, L.L.C.
 
       
 
By:
/s/ Kevin M. Ulrich  
  Name: Kevin M. Ulrich  
  Title:  Senior Managing Member
 
       
       
 
KEVIN M. ULRICH
 
       
  /s/ Kevin M. Ulrich  
 
 
 
 
February 14, 2019
 
Page 8 of 9 Pages
 
  
EXHIBIT INDEX
 
Ex.
 
Page No.
 
A
Joint Filing Agreement
9
 

 
 
 
 
 
Page 9 of 9 Pages

 

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A Common Stock of Far Point Acquisition Corporation dated as of February 14, 2019 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 
 
ANCHORAGE CAPITAL GROUP, L.L.C.
 
       
 
By:
/s/ Kevin M. Ulrich  
  Name: Kevin M. Ulrich  
  Title:  Chief Executive Officer
 
       
 
 
ANCHORAGE ADVISORS MANAGEMENT, L.L.C.
 
       
 
By:
/s/ Kevin M. Ulrich  
  Name: Kevin M. Ulrich  
  Title:  Senior Managing Member
 
       
       
 
KEVIN M. ULRICH
 
       
  /s/ Kevin M. Ulrich  
 
 

 
 
February 14, 2019