SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

M III Acquisition Corp.

(Name of Issuer)

 

Common Stock, $0.0001 par value

(Title of Class of Securities)

 

55378T 203

(CUSIP Number)

 

3 Columbus Circle, 15 th Floor

New York, New York 10019

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

 

February 26, 2018

(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ¨

 

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

 

* 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 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 other subject to the liabilities of that section of Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No. 55378T 203

 

1

Names of Reporting Person.

 

M III Sponsor I LLC

2

Check the Appropriate Box if a Member of a Group

(a) ¨

(b) ¨

 

3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

WC

5

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨

 

6 Citizenship or Place of Organization
   
  Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

 

3,777,475

8

Shared Voting Power (see Item 5 below)

 

0

9

Sole Dispositive Power

 

3,777,475

10

Shared Dispositive Power (see Item 5 below)

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,777,475

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨

 

13

Percent of Class Represented by Amount in Row (11)

 

19.66%

14

Type of Reporting Person

 

OO

       

 

 

 

 

CUSIP No. 55378T 203

 

1

Names of Reporting Person.

 

M III Sponsor I LP

2

Check the Appropriate Box if a Member of a Group

(a) ¨

(b) ¨

 

3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

WC

5

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨

 

6 Citizenship or Place of Organization
   
  Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

 

272,575

8

Shared Voting Power (see Item 5 below)

 

0

9

Sole Dispositive Power

 

272,575

10

Shared Dispositive Power (see Item 5 below)

 

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

272,575

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨

 

13

Percent of Class Represented by Amount in Row (11)

 

1.42%

14

Type of Reporting Person

 

PN

       

 

 

 

 

CUSIP No. 55378T 203

 

1

Names of Reporting Person.

 

M III Acquisition Partners I LLC

2

Check the Appropriate Box if a Member of a Group

(a) ¨

(b) ¨

 

3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

AF

5

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨

 

6 Citizenship or Place of Organization
   
  Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

 

0

8

Shared Voting Power (see Item 5 below)

 

3,777,475

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power (see Item 5 below)

 

3,777,475

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,777,475

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨

 

13

Percent of Class Represented by Amount in Row (11)

 

19.66%

14

Type of Reporting Person

 

OO

       

 

 

 

 

CUSIP No. 55378T 203

 

1

Names of Reporting Person.

 

M III Acquisition Partners I Corp.

2

Check the Appropriate Box if a Member of a Group

(a) ¨

(b) ¨

 

3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

AF

5

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨

 

6 Citizenship or Place of Organization
   
  Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

 

0

8

Shared Voting Power (see Item 5 below)

 

272,575

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power (see Item 5 below)

 

272,575

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

272,575

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨

 

13

Percent of Class Represented by Amount in Row (11)

 

1.42%

14

Type of Reporting Person

 

CO

       

 

 

 

 

CUSIP No. 55378T 203

 

1

Names of Reporting Person.

 

Mohsin Y. Meghji

2

Check the Appropriate Box if a Member of a Group

(a) ¨

(b) ¨

 

3

SEC Use Only

 

4

Source of Funds (See Instructions)

 

AF

5

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ¨

 

6 Citizenship or Place of Organization
   
  USA
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

 

0

8

Shared Voting Power (see Item 5 below)

 

4,050,000

9

Sole Dispositive Power

 

0

10

Shared Dispositive Power (see Item 5 below)

 

4,050,000

11

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,050,000

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares ¨

 

13

Percent of Class Represented by Amount in Row (11)

 

21.08%

14

Type of Reporting Person

 

IN

       

* M III Acquisition Partners I LLC is the sole managing member of M III Sponsor I LLC. M III Acquisition Partners I Corp. is the sole general partner of M III Sponsor I LP. Mohsin Y. Meghji is the chief executive officer of M III Acquisition Partners I Corp. and the sole managing member of M III Acquisition Partners I LLC. Consequently, Mr. Meghji may be deemed the beneficial owner of the shares held by M III Sponsor I LLC and M III Sponsor I LP and has sole voting and dispositive control over such shares.

 

 

   

SCHEDULE 13D/A

 

Item 4. Purpose of the Transaction

 

Item 4 of the Schedule 13D is hereby amended by adding the following paragraph.

 

M III Sponsor I LLC (“M III LLC”) and M III Sponsor I LP agreed with certain investors in M III LLC to re-allocate to them an aggregate of 50,000 additional Founder Shares, constituting less than 1% of the outstanding common stock of M III Acquisition Corp., in the event that such existing sponsor investors purchase and/or hold in aggregate $15.0 million of public shares and continued to hold and elected not to redeem such public shares as of the closing date of the business combination.  Such investors are under no obligation to purchase or hold any public shares but will be reallocated such 50,000 Founder Shares in the event they do so.  Such reallocation of interests in M III LLC does not affect the aggregate amount of shares of common stock of M III Acquisition Corp. beneficially owned by the Reporting Persons. 

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

The information set forth in Item 4 above is hereby incorporated by reference in its entirety to Item 6 of the Schedule 13D. 

 

 

 

 

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.

 

Date: February 27, 2018

M III SPONSOR I LLC

By: M III Acquisition Partners I LLC, its Managing Member

     
  By: /s/ Mohsin Y. Meghji
    Name: Mohsin Y. Meghji
    Title: Managing Member
 

 

 

 
 

M III SPONSOR I LP

By: M III Acquisition Partners I Corp., its Sole General Partner

 

 

By: /s/ Mohsin Y. Meghji

  Name: Mohsin Y. Meghji
  Title: Chief Executive Officer

 

 

   
  /s/ Mohsin Y. Meghji
  Mohsin Y. Meghji

 

 

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