Filing Details
- Accession Number:
- 0000905148-19-000336
- Form Type:
- 13G Filing
- Publication Date:
- 2019-02-14 13:03:10
- Filed By:
- Light Street Capital
- Company:
- Gty Technology Holdings Inc. (NASDAQ:GTYH)
- 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 |
|---|---|---|---|---|---|---|
| LIGHT STREET CAPITAL MANAGEMENT | 0 | 2,500,000 | 0 | 2,500,000 | 2,500,000 | 11.8% |
| GLEN THOMAS KACHER | 0 | 2,500,000 | 0 | 2,500,000 | 2,500,000 | 11.8% |
| LIGHT STREET MERCURY MASTER FUND | 0 | 2,500,000 | 0 | 2,500,000 | 2,500,000 | 11.8% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
GTY TECHNOLOGY HOLDINGS INC.
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G4182A102
(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:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ X ] 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
| CUSIP No. G4182A102 | | Page 2 of 9 Pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| LIGHT STREET CAPITAL MANAGEMENT, LLC | | | |||
| | | ||||
| 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 | | | ||
| 2,500,000 | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| 2,500,000 | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 2,500,000 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
| ☐ | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 11.8% | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| IA, OO | | | |||
| | | ||||
| CUSIP No. G4182A102 | | Page 3 of 9 Pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| GLEN THOMAS KACHER | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
| (a)☐ | |||||
| (b)☐ | | | |||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| United States of America | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
| 0 | | | |||
| | | ||||
| 6 | SHARED VOTING POWER | | | ||
| 2,500,000 | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| 2,500,000 | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 2,500,000 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
| ☐ | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 11.8% | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| IN, HC | | | |||
| | | ||||
| CUSIP No. G4182A102 | | Page 4 of 9 Pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| LIGHT STREET MERCURY MASTER FUND, L.P. | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
| (a)☐ | |||||
| (b)☐ | | | |||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| Cayman Islands | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
| 0 | | | |||
| | | ||||
| 6 | SHARED VOTING POWER | | | ||
| 2,500,000 | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| 2,500,000 | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 2,500,000 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
| ☐ | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 11.8% | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| OO, PN | | | |||
| | | ||||
| | Page 5 of 9 Pages |
| Item 1(a). | Name of Issuer: |
GTY Technology Holdings Inc. (the “Issuer”)
| Item 1(b). | Address of Issuer’s Principal Executive Offices: |
1180 North Town Center Drive, Suite 100, Las Vegas, Nevada 89144
| Item 2(a). | Name of Person Filing |
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”)
| i) | Light Street Capital Management, LLC (“LSCM”); |
| ii) | Glen Thomas Kacher (“Mr. Kacher”); and |
| iii) | Light Street Mercury Master Fund, L.P. (“Mercury”). |
This Statement
relates to Shares (as defined herein) held for the account of Mercury. LSCM serves as investment adviser and general partner to Mercury, and, in such capacity, exercises voting and investment power over the Shares held in the account for Mercury.
Mr. Kacher is the Chief Investment Officer of LSCM.
| 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 525 University Avenue, Suite 300, Palo
Alto, CA 94301.
| Item 2(c). | Citizenship: |
| i) | LSCM is a limited liability company incorporated in Delaware; |
| ii) | Mr. Kacher is a citizen of the United States of America; and |
| iii) | Mercury is an exempted limited partnership in the Cayman Islands. |
| Item 2(d). | Title of Class of Securities: |
Class A ordinary shares, par value $0.0001 per share (the “Shares”)
| Item 2(e). | CUSIP Number: |
G4182A102
| 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: |
This Item 3 is not applicable.
| 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 2,500,000 Shares held
for the account of Mercury. This amount excludes warrants to purchase Shares (“Warrants”) held directly by Mercury, because the Reporting Persons do not have the right to acquire the Shares underlying the Warrants within 60 days.
| | Page 6 of 9 Pages |
| Item 4(b) | Percent of Class: |
As of December 31, 2018, each of the Reporting Persons may be deemed the beneficial owner of approximately 11.8% of
Shares outstanding. (These percentages are based on 21,188,462 Shares outstanding as of November 9, 2018, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2018.)
| Item 4(c) | Number of Shares as to which such person has: |
LSCM, Mr. Kacher, and Mercury:
| (i) Sole power to vote or direct the vote: | 0 |
| (ii) Shared power to vote or direct the vote: | 2,500,000 |
| (iii) Sole power to dispose or direct the disposition of: | 0 |
| (iv) Shared power to dispose or direct the disposition of: | 2,500,000 |
| 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: |
This Item 6 is not applicable.
| 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: |
This Item 10 is not applicable.
| | Page 7 of 9 Pages |
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.
| Light Street Capital Management, LLC | |||
| | By: | /s/ Theo J. Robins | |
| Theo J. Robins | |||
| Chief Compliance Officer | |||
| Glen Thomas Kacher | |||
| | By: | /s/ Glen Thomas Kacher | |
| Light Street Mercury Master Fund, L.P. | |||
| By: | Light Street Capital Management, LLC | ||
| | By: | /s/ Theo J. Robins | |
| Theo J. Robins | |||
| Chief Compliance Officer | |||
February 14, 2019
| | Page 8 of 9 Pages |
EXHIBIT INDEX
| Ex. | Page No. | |
| A | Joint Filing Agreement | 9 |
| | Page 9 of 9 Pages |
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A ordinary
shares of GTY Technology Holdings Inc. 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.
| Light Street Capital Management, LLC | |||
| | By: | /s/ Theo J. Robins | |
| Theo J. Robins | |||
| Chief Compliance Officer | |||
| Glen Thomas Kacher | |||
| | By: | /s/ Glen Thomas Kacher | |
| Light Street Mercury Master Fund, L.P. | |||
| By: | Light Street Capital Management, LLC | ||
| | By: | /s/ Theo J. Robins | |
| Theo J. Robins | |||
| Chief Compliance Officer | |||
February 14, 2019