Item 1(a).
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Name of Issuer
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H.I.G. Acquisition Corp. (the Issuer)
Item 1(b).
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Address of the Issuers Principal Executive Offices
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1450 Brickell Avenue, 31st Floor
Miami, Florida 33131
Item 2(a).
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Names of Persons Filing
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H.I.G. Acquisition Advisors, LLC, Robby B Wolfson and Brian D Schwartz (collectively, the Reporting Persons)
Item 2(b).
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Address of the Principal Business Office, or if none, Residence:
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1450 Brickell Avenue, 31st Floor
Miami, Florida 33131
H.I.G. Acquisition Advisors, LLC, is a Cayman Islands limited liability company. Robby B Wolfson and Brian D Schwartz are citizens of the
United States.
Item 2(d).
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Title of Class of Securities
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Class A common stock, $0.0001 par value per share.
* The Class A common stock is the class of shares of the Issuer registered pursuant to the Act. The Reporting Persons own shares of
Class B common stock. The shares of Class B common stock automatically convert into shares of Class A common stock at the time of the Issuers Business Combination or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and
have no expiration date. In the case that additional shares of Class A common stock, or equity-linked securities, are issued or deemed issued in excess of the amounts sold in the Issuers initial public offering (the IPO) and
related to the closing of the Business Combination, the ratio at which the shares of Class B common stock shall convert into shares of Class A common stock will be adjusted (unless the holders of a majority of the outstanding shares of
Class B common stock agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock will equal,
including 140,000 shares of Class B common stock owned by our independent directors, in the aggregate 19.7% of the sum of all common stock outstanding upon completion of the IPO plus all Class A common stock and equity-linked securities
issued or deemed issued in connection with the Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the Business Combination and any private placement-equivalent warrants issued to H.I.G.
Acquisition Advisors, LLC or its affiliates upon conversion of loans made to the Issuer).
The CUSIP number for the Class A common stock is G44898 107.
Item 3.
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If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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(a) Broker or Dealer registered under Section 15 of the Exchange
Act.
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(b) Bank as defined in Section 3(a)(b) or the Exchange Act.
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(c) Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
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(d) Investment company registered under Section 8 of the Investment
Company Act.
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(e) An Investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(e).
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(f) An employee benefit plan or endowment fund in accordance with Rule 13d
1(b)(1)(ii)(f).
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(g) A Parent Holding Company or control person in accordance with Rule 13d
1(b)(1)(ii)(g).
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(h) A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act.
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(i) A Church Plan that is excluded from the definition of an investment company under
Section 3 (c)(14) of the Investment Company Act.
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(j) Group, in accordance with Rule 13d-1
(b)(1)(ii)(j).
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Not applicable
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The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by
reference.
As of December 31, 2020, the Reporting Persons may be deemed to beneficially own 8,958,625 shares of the Issuers
Class B common stock, which, including an additional 140,000 shares of our Class B common stock owned by our independent directors, represents 20% of the total shares of Class A and Class B common stock issued and outstanding.
The shares of Class B common stock are automatically convertible into shares of the Issuers Class A common stock at the time of the Issuers Business