Filing Details

Accession Number:
0000950142-19-001441
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-26 20:18:54
Reporting Period:
2019-06-24
Accepted Time:
2019-06-26 20:18:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1774155 South Mountain Merger Corp. SMMC () Y9
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1610880 Ltd Management Capital Bluecrest Ground Floor, Harbour Reach
La Rue De Carteret
St Helier Y9 JE2 4HR
No No Yes No
1780001 Edward Michael Platt C/O South Mountain Merger Corp.
767 Fifth Avenue, 9Th Floor
New York NY 10153
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, $0.0001 Par Value Acquisiton 2019-06-24 2,227,500 $0.00 2,227,500 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants Acquisiton 2019-06-24 1,113,750 $0.00 1,113,750 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,113,750 No 4 P Indirect
Footnotes
  1. BlueCrest Capital Management Limited (the "Investment Manager") serves as investment manager to BSMA Limited, a Cayman Islands exempted company (the "Fund"), with respect to any securities held for the account of the Fund. The Investment Manager is a company organized under the laws of Jersey, Channel Islands, operating solely out of Jersey, Channel Islands. Michael E. Platt ("Mr. Platt" and, with the Investment Manager, each a "Reporting Person") serves as principal, director and control person of the Investment Manager with respect to any securities held for the account of the Fund.
  2. On June 24, 2019, the Investment Manager acquired 2,227,500 units, held for the account of the Fund, with each unit (a "Unit") consisting of (i) one share of Class A common stock, par value $0.0001 per share (the "Class A common stock") of South Mountain Merger Corp. (the "Company") and (ii) one half of one warrant (the "Warrants"). Each whole warrant is initially exercisable for one share of Class A common stock at an exercise price of $11.50 per share of Class A common stock, subject to certain adjustments. The Warrants may be exercised only during the period (i) commencing on the later of (a) date that is 30 days after the first date on which the Company completes a business combination and (ii) expiring five years after the completion of the Company's business combination or earlier upon redemption or liquidation. The Units were purchased in a single transaction at a price of $10.00.
  3. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of such Reporting Person's pecuniary interest therein.