Filing Details

 

 

	UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549
	SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

 

(Name of Issuer)

 

(Title of Class of Securities)

 

(CUSIP Number of Class of Securities)

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on 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).

 

 

 

(1)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

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(2)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

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(3)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

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(4)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

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This Amendment No. 2 (the Amendment) relates to the Statement of Beneficial Ownership on Schedule 13D filed jointly by Wellington Management Group LLP (WMG), Wellington Group Holdings LLP (WGH), Wellington Investment Advisors Holdings LLP (WIAH) and Wellington Management Company LLP (Wellington Management) with the Securities and Exchange Commission on April 7, 2016, as amended by Amendment No. 1 to such statement filed with the SEC on August 5, 2016 (as further amended by this Amendment, the Schedule 13D) (as further amended by this Amendment, the Schedule 13D) with respect to the Common Stock of CardConnect Corp. (f/k/a FinTech Acquisition Corp.) (the Company).

 

Except as set forth below, all Items of the Schedule 13D remain unchanged.  All capitalized terms not otherwise defined herein shall have the meanings given to such terms in the Schedule 13D.

 

Item 5.                                 Interest in Securities of the Issuer

 

Item 5(a), (b), (c) and (e) are hereby amended and restated as follows:

 

(a) and (b)

 

(i)                                     As of the date hereof, Wellington Management, in its capacity as investment adviser, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients. Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(ii)                                  As of the date hereof, WIAH, as the direct parent of Wellington Management, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(iii)                               As of the date hereof, WGH, as the direct parent of WIAH, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(iv)                              As of the date hereof, WMG, as the direct parent of WGH, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

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Each Reporting Person has shared power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock beneficially owned by such Reporting Person as indicated herein.

 

(c)                                  No transactions were effected by the Reporting Persons during the past 60 days, other than as set forth below.  The transactions set forth below were effected in open market transactions.

 

Trade Date		Purchase or Sale		Shares		Price Per Share
3/17/2017		Sale		79,700		$	13.625
5/10/2017		Sale		49,000		$	13.80
5/23/2017		Sale		11,688		$	13.95
5/24/2017		Sale		2,600		$	13.94

 

(e)                                  Each Reporting Person ceased to be the beneficial owner of more than 5.0% of the Common Stock as of May 3, 2017, as a result of an increase in the issued and outstanding Common Stock of the Company as reported in its Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on May 10, 2017. Accordingly, following the filing of this Amendment, each Reporting Person will no longer be a reporting person with respect to this Schedule 13D.

 

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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.

 

Dated:   May 25, 2017
	WELLINGTON MANAGEMENT GROUP LLP
	By:	/s/ Emily Babalas
		Name: Emily D. Babalas
		Title: Authorized Person
	WELLINGTON GROUP HOLDINGS LLP
	By:	/s/ Emily Babalas
		Name: Emily D. Babalas
		Title: Authorized Person
	WELLINGTON INVESTMENT ADVISORS HOLDINGS LLP
	By:	/s/ Emily Babalas
		Name: Emily D. Babalas
		Title: Authorized Person
	WELLINGTON MANAGEMENT COMPANY LLP
	By:	/s/ Emily Babalas
		Name: Emily D. Babalas
		Title: Authorized Person

 

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