Filing Details

Accession Number:
0001104659-20-019419
Form Type:
13G Filing
Publication Date:
2020-02-12 18:05:35
Filed By:
Magnetar Capital
Company:
Livevox Holdings Inc.
Filing Date:
2020-02-13
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
MAGNETAR FINANCIAL 0 1,750,000 0 1,750,000 1,750,000 7.00%
MAGNETAR CAPITAL PARTNERS 0 1,750,000 0 1,750,000 1,750,000 7.00%
SUPERNOVA MANAGEMENT 0 1,750,000 0 1,750,000 1,750,000 7.00%
ALEC N. LITOWITZ 0 1,750,000 0 1,750,000 1,750,000 7.00%
Filing

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

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

 

Crescent Acquisition Corp

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

22564L105

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x

Rule 13d-1(b)

o

Rule 13d-1(c)

o

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).

 


 

CUSIP No. 22564L105

 

 

1

Names of Reporting Persons
MAGNETAR FINANCIAL LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

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
1,750,000

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,750,000

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,000

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
7.00%

 

 

12

Type of Reporting Person (See Instructions)
IA, OO

 

2


 

CUSIP No. 22564L105

 

 

1

Names of Reporting Persons
MAGNETAR CAPITAL PARTNERS LP

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

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
1,750,000

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,750,000

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,000

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
7.00%

 

 

12

Type of Reporting Person (See Instructions)
HC, PN

 

3


 

CUSIP No. 22564L105

 

 

1

Names of Reporting Persons
SUPERNOVA MANAGEMENT LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

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
1,750,000

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,750,000

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,000

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
7.00%

 

 

12

Type of Reporting Person (See Instructions)
HC, OO

 

4


 

CUSIP No. 22564L105

 

 

1

Names of Reporting Persons
ALEC N. LITOWITZ

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

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
1,750,000

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,750,000

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,750,000

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
7.00%

 

 

12

Type of Reporting Person (See Instructions)
HC, IN

 

5


 

SCHEDULE 13G

 

Item 1(a)

 

Name of Issuer.
Crescent Acquisition Corp. (the Issuer)

Item 1(b)

 

Address of Issuers Principal Executive Offices.
11100 Santa Monica Blvd., Suite 2000

Los Angeles, CA  90025

 

Item 2(a)

 

Name of Person Filing.
This statement is filed on behalf of each of the following person (collectively, the Reporting Persons):
i)         Magnetar Financial LLC (Magnetar Financial);
ii)        Magnetar Capital Partners LP (Magnetar Capital Partners);
iii)       Supernova Management LLC (Supernova Management); and
iv)       Alec N. Litowitz (Mr. Litowitz).

This statement relates to the Shares (as defined herein) held for Magnetar Constellation Master Fund, Ltd (Constellation Master Fund), Magnetar Constellation Fund II, Ltd (Constellation Fund), Magnetar Xing He Master Fund Ltd (Xing He Master Fund), Magnetar SC Fund Ltd (SC Fund), and Magnetar Capital Master Fund Ltd, (Master Fund) , all Cayman Islands exempted companies, collectively (the Magnetar Funds).   Magnetar Financial serves as the investment adviser to the Magnetar Funds, and as such, Magnetar Financial exercises voting and investment power over the common Shares held for the Magnetar Funds accounts. Magnetar Capital Partners serves as the sole member and parent holding company of Magnetar Financial. Supernova Management is the general partner of Magnetar Capital Partners. The manager of Supernova Management is Mr. Litowitz.

Item 2(b)

 

Address of Principal Business Office.
The address of the principal business office of each of Magnetar Financial, Magnetar Capital Partners, Supernova Management, and Mr. Litowitz is 1603 Orrington Avenue, 13th Floor, Evanston, Illinois 60201.

Item 2(c)

 

Place of Organization.
i)         Magnetar Financial is a Delaware limited liability company;
ii)        Magnetar Capital Partners is a Delaware limited partnership;
iii)       Supernova Management is a Delaware limited liability company; and
iv)       Mr. Litowitz is a citizen of the United States of America.

Item 2(d)

 

Title of Class of Securities.
Common Stock, par value $0.0001 per share (the Shares)

Item 2(e)

 

CUSIP Number.
22564L105

 

Item 3

Reporting Person.
(e) 
x An investment adviser in accordance with §240.13d1(b)(1)(ii)(E)

(g) x A parent holding company or control person in accordance with §240.13d1(b)(1)(ii)(G)

 

6


 

Item 4

Ownership.

 

 

Item 4(a)

 

Amount beneficially owned:   

As of December 31, 2019, each of Magnetar Financial, Magnetar Capital Partners, Supernova Management and Mr. Litowitz held 1,750,000 Shares.  The amount consists of (A) 1,102,500 Shares held for the account of Constellation Master Fund; (B) 17,500 Shares held for the account of Master Fund; and (C) 367,500 Shares held for the account of Xing He Master Fund; (D) 245,000 Shares held for the account of Constellation Fund; and (E) 17,500 Shares held for the account of SC Fund.  The Shares held by the Magnetar Funds represent approximately 7.00% of the total number of Shares outstanding (calculated pursuant to Rule 13d-3(d)(1)(i)) of the outstanding Shares of the Issuer).

Item 4(b)

 

Percent of class:   

(i) As of December 31, 2019, each of Reporting Persons were deemed to be the beneficial owner constituting approximately 7.00% of the total number of Shares outstanding (based upon the information provided by the Issuer in its Form 10-Q filed with the SEC on November 8, 2019, there were approximately 25,000,000 Shares outstanding as of November 8, 2019).

Item4(c)

 

Number of shares of which such person has:
Magnetar Financial, Magnetar Capital Partners, Supernova Management, and Mr. Litowitz:

 

 

(i)

Sole power to vote or to direct the vote:   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

1,750,000

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

1,750,000

 

Item 5

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following o.

 

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.

 

This Item 7 is not applicable.

 

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.

 

7


 

Item 10

Certification.

By signing below the Reporting Persons certifies that, to the best of their knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

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 13, 2020

MAGNETAR FINANCIAL LLC

 

 

 

By: Magnetar Capital Partners LP, its Sole Member

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager of Supernova Management LLC, the General Partner of Magnetar Capital Partners LP

 

 

Date: February 13, 2020

MAGNETAR CAPITAL PARTNERS LP

 

 

 

By: Supernova Management LLC, its General Partner

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager of Supernova Management LLC

 

 

Date: February 13, 2020

SUPERNOVA MANAGEMENT LLC

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager

 

 

Date: February 13, 2020

/s/ Alec N. Litowitz

 

Alec N. Litowitz

 

8


 

EXHIBIT INDEX

 

Ex.

 

 

A

 

Joint Filing Agreement

 

9


 

EXHIBIT A

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Crescent Acquisition Corp. dated as of December 31, 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 previsions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

 

 

Date: February 13, 2020

MAGNETAR FINANCIAL LLC

 

 

 

By: Magnetar Capital Partners LP, its Sole Member

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager of Supernova Management LLC, the General Partner of Magnetar Capital Partners LP

 

 

Date: February 13, 2020

MAGNETAR CAPITAL PARTNERS LP

 

 

 

By: Supernova Management LLC, its General Partner

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager of Supernova Management LLC

 

 

Date: February 13, 2020

SUPERNOVA MANAGEMENT LLC

 

 

 

By:

/s/ Alec N. Litowitz

 

Name: Alec N. Litowitz

 

Title:   Manager

 

 

Date: February 13, 2020

/s/ Alec N. Litowitz

 

Alec N. Litowitz