Filing Details

CUSIP No. 74317H105

Page 2 of 11 Pages

1	NAMES OF REPORTING PERSONS
	BASSO SPAC FUND 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
			745,006
		7	SOLE DISPOSITIVE POWER
			0
		8	SHARED DISPOSITIVE POWER
			745,006
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	745,006
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.15%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	OO

Proficient Alpha Acquisition Corporation (the “Issuer”)

40 Wall St., 29th floor, New York, NY 10005

This Statement is filed on behalf of the following persons (collectively, the “Reporting Persons”):

This Statement relates to Shares (as defined herein) directly beneficially owned by Basso SPAC. Basso Management is the manager of Basso SPAC. BCM serves as the investment manager of Basso SPAC. Basso GP is the general partner of BCM. Mr. Fischer is the principal portfolio manager for Basso SPAC, the Chief Executive Officer and a Founding Managing Partner of BCM, and a member of each of Basso Management and Basso GP. Accordingly, each of Basso Management, BCM, Basso GP and Mr. Fischer may be deemed to indirectly beneficially own the Shares reported herein.

The address of the principal business office of each of the Reporting Persons is 1266 East Main Street, Fourth Floor, Stamford, Connecticut 06902.

Each of Basso SPAC, Basso Management, and Basso GP is a Delaware limited liability company. BCM is a Delaware limited partnership. Mr. Fischer is a citizen of the United States.

 

Common Stock, par value $0.001 per share (the “Shares”)

Item 2(e).

CUSIP Number:

74317H105

This Item 3 is not applicable.

Item 4(a)

Amount Beneficially Owned:

As of April 23, 2020, each of the Reporting Persons may be deemed the beneficial owner of 745,006 Shares. This amount consists of (i) 650,000 Shares, and (ii) 95,006 Shares underlying units (“Units”). This amount excludes the rights to receive Shares (“Rights”) and warrants to purchase Shares (“Warrants”), if any, underlying the Units and/or held directly by the Reporting Persons, because the Reporting Persons do not have the right to acquire the Shares underlying the Rights or Warrants within 60 days.

As of April 23, 2020, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.15% of Shares outstanding. (There were 14,467,000 Shares outstanding as of February 5, 2020, according to the Issuer’s Form 10-Q, filed on February 5, 2020.)

Item4 (c)

Number of Shares as to which such person has:

 

 

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.

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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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, other than activities solely in connection with a nomination under §240.14a-11.

 

SIGNATURE

 

	BASSO SPAC FUND LLC
	By:	/s/ Howard I. Fischer
		Howard I. Fischer
		Authorized Signatory

 

 

EXHIBIT INDEX

 

Ex.		Page No.
A	Joint Filing Agreement	11