Filing Details
- Accession Number:
- 0000899140-21-000392
- Form Type:
- 13G Filing
- Publication Date:
- 2021-03-29 17:03:11
- Filed By:
- Third Point
- Company:
- Fintech Acquisition Corp V
- Filing Date:
- 2021-03-29
- 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 |
---|---|---|---|---|---|---|
Third Point | 0 | 3,000,000 | 0 | 3,000,000 | 3,000,000 | 11.7% |
Daniel S. Loeb | 0 | 3,000,000 | 0 | 3,000,000 | 3,000,000 | 11.7% |
Third Point Offshore Master Fund | 0 | 1,412,000 | 0 | 1,412,000 | 1,412,000 | 5.5% |
Third Point Advisors II | 0 | 1,412,000 | 0 | 1,412,000 | 1,412,000 | 5.5% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
(Amendment No. __)*
FinTech Acquisition Corp. V
(Name of Issuer)
Class A Common Stock, $0.0001 par value
(Title of Class of Securities)
31810Q107
(CUSIP Number)
March 24, 2021
(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)
☐ 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 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 (the “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. 31810Q107 | 13G | Page 2 of Pages | |||
1 | NAME OF REPORTING PERSON Third Point 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 3,000,000 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 3,000,000 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,000,000 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.7% | ||||
12 | TYPE OF REPORTING PERSON OO |
CUSIP No. 31810Q107 | 13G | Page 3 of Pages | |||
1 | NAME OF REPORTING PERSON Daniel S. Loeb | ||||
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 | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER 0 | |||
6 | SHARED VOTING POWER 3,000,000 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 3,000,000 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,000,000 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.7% | ||||
12 | TYPE OF REPORTING PERSON IN |
CUSIP No. 31810Q107 | 13G | Page 4 of Pages | |||
1 | NAME OF REPORTING PERSON Third Point Offshore 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 1,412,000 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 1,412,000 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,412,000 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.5% | ||||
12 | TYPE OF REPORTING PERSON PN |
CUSIP No. 31810Q107 | 13G | Page 5 of Pages | |||
1 | NAME OF REPORTING PERSON Third Point Advisors II L.L.C. | ||||
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 1,412,000 | ||||
7 | SOLE DISPOSITIVE POWER 0 | ||||
8 | SHARED DISPOSITIVE POWER 1,412,000 | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,412,000 | ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* N/A | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.5% | ||||
12 | TYPE OF REPORTING PERSON OO |
Item 1(a): Name of Issuer:
FinTech Acquisition Corp. V (the "Issuer").
Item 1(b): Address of Issuer's Principal Executive Offices:
The Issuer's principal executive offices are located at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania 19104.
Item 2(a): Name of Person Filing:
(i) | Third Point LLC, a Delaware limited liability company (the “Management Company”), which serves as investment manager or adviser to a variety of hedge funds and managed
accounts (all such funds and accounts, collectively, the “Funds”), with respect to Common Stock (as defined in Item 2(d)) owned by the Funds; | |
(ii) | Mr. Daniel S. Loeb (“Mr. Loeb”), who is the Chief Executive Officer of the Management Company and controls its business activities, with respect to Common Stock
indirectly beneficially owned by Mr. Loeb by virtue of such position; | |
(iii) | Third Point Offshore Master Fund, L.P., a Cayman Islands exempted limited partnership (the “Offshore Master Fund”), which invests and trades in securities, with respect
to shares of Common Stock held by it; and. | |
(iv) | Third Point Advisors II L.L.C., a Delaware limited liability company ("Advisors II "), which serves as the general partner of Offshore Master Fund. | |
The Management Company, Mr. Loeb, Offshore Master Fund and Advisors II are hereinafter sometimes collectively referred to as the “Reporting
Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. |
Item 2(b): Address of Principal Business Office or, if None, Residence:
The address of the principal business office of the Management Company, Mr. Loeb and Advisors II is 55 Hudson Yards, New York, New York 10001. The address of the principal business
office of the Offshore Master Fund is c/o Walkers SPV Limited, Walker House, 87 Mary Street, George Town, Grand Cayman KY1-9002, Cayman Islands, British West Indies.
Item 2(c): Citizenship:
The Management Company and Advisors II are organized as limited liability companies under the laws of the State of Delaware. Mr. Loeb is a United States citizen.
The Offshore Master Fund is organized as an exempted limited partnership under the laws of the Cayman Islands.
Item 2(d): Title of Class of Securities:
Class A Common Stock, $0.0001 par value ("Common Stock").
Item 2(e): CUSIP Number:
31810Q107.
Item 3: | If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: |
A. | [ ] | Broker or dealer registered under Section 15 of the Act, | |
B. | [ ] | Bank as defined in Section 3(a)(6) of the Act, | |
C. | [ ] | Insurance Company as defined in Section 3(a)(19) of the Act, | |
D. | [ ] | Investment Company registered under Section 8 of the Investment Company Act of 1940, | |
E. | [ ] | Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E), | |
F. | [ ] | Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F), | |
G. | [ ] | Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G), | |
H. | [ ] | Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, | |
I. | [ ] | Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940, | |
J. | [ ] | Group, in accordance with Rule 13d-1(b)(1)(ii)(J). | |
Item 4: Ownership:
A. Third Point LLC
(a) Amount beneficially owned: 3,000,000 shares of Common Stock.
(b) Percent of class: 11.7%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 25,640,000 shares of Common Stock
issued and outstanding following the initial public offering of the Common Stock, as reported in the Issuer’s Form 8-K filed with the U.S. Securities and Exchange Commission on December 9, 2020. Except as described in the preceding sentence, all
amounts reported in this Schedule 13G are as of the opening of the market on March 29, 2021.
(c) Number of shares as to which such person has:
(i) | Sole power to vote or direct the vote: -0- |
(ii) | Shared power to vote or direct the vote: 3,000,000 |
(iii) | Sole power to dispose or direct the disposition: -0- |
(iv) | Shared power to dispose or direct the disposition: 3,000,000 |
B. Daniel S. Loeb
(a) Amount beneficially owned: 3,000,000 Common Stock shares.
(b) Percent of class: 11.7%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 25,640,000 shares of Common Stock
issued and outstanding following the initial public offering of the Common Stock, as reported in the Issuer’s Form 8-K filed with the U.S. Securities and Exchange Commission on December 9, 2020. Except as described in the preceding sentence, all
amounts reported in this Schedule 13G are as of the opening of the market on March 29, 2021.
(c) Number of shares as to which such person has:
(i) | Sole power to vote or direct the vote: -0- |
(ii) | Shared power to vote or direct the vote: 3,000,000 |
(iii) | Sole power to dispose or direct the disposition: -0- |
(iv) | Shared power to dispose or direct the disposition: 3,000,000 |
C. Third Point Offshore Master Fund, L.P.
(a) Amount beneficially owned: 1,412,000 Common Stock shares.
(b) Percent of class: 5.5%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 25,640,000 shares of Common Stock issued
and outstanding following the initial public offering of the Common Stock, as reported in the Issuer’s Form 8-K filed with the U.S. Securities and Exchange Commission on December 9, 2020. Except as described in the preceding sentence, all amounts
reported in this Schedule 13G are as of the opening of the market on March 29, 2021.
(c) Number of shares as to which such person has:
(i) | Sole power to vote or direct the vote: -0- |
(ii) | Shared power to vote or direct the vote: 1,412,000 |
(iii) | Sole power to dispose or direct the disposition: -0- |
(iv) | Shared power to dispose or direct the disposition: 1,412,000 |
D. Third Point Advisors II L.L.C.
(a) Amount beneficially owned: 1,412,000 Common Stock shares.
(b) Percent of class: 5.5%. The percentages used herein and in the rest of this Schedule 13G are calculated based upon the 25,640,000 shares of Common Stock issued
and outstanding following the initial public offering of the Common Stock, as reported in the Issuer’s Form 8-K filed with the U.S. Securities and Exchange Commission on December 9, 2020. Except as described in the preceding sentence, all amounts
reported in this Schedule 13G are as of the opening of the market on March 29, 2021.
(c) Number of shares as to which such person has:
(i) | Sole power to vote or direct the vote: -0- |
(ii) | Shared power to vote or direct the vote: 1,412,000 |
(iii) | Sole power to dispose or direct the disposition: -0- |
(iv) | Shared power to dispose or direct the disposition: 1,412,000 |
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: ☐
Item 6: Ownership of More than Five Percent on Behalf of Another Person:
Other than as set forth herein, no other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities reported
herein.
Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
Not applicable.
Item 8: Identification and Classification of Members of the Group:
Not applicable.
Item 9: Notice of Dissolution of Group:
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.
[Signatures on following page]
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.
Dated: March 29, 2021
THIRD POINT LLC | |||
By: Daniel S. Loeb, Chief Executive Officer | |||
By: | /s/ William Song | ||
Name: William Song | |||
Title: Attorney-in-Fact | |||
DANIEL S. LOEB | |||
By: | /s/ William Song | ||
Name: William Song | |||
Title: Attorney-in-Fact | |||
THIRD POINT OFFSHORE MASTER FUND, L.P. By: THIRD POINT ADVISORS II L.L.C., its General Partner By: Daniel S. Loeb, Managing Director | |||
By: | /s/ William Song | ||
Name: William Song | |||
Title: Attorney-in-Fact | |||
THIRD POINT ADVISORS II L.L.C. By: Daniel S. Loeb, Managing Director | |||
By: | /s/ William Song | ||
Name: William Song | |||
Title: Attorney-in-Fact |
EXHIBIT INDEX
Exhibit 99.1: | Joint Filing Agreement, dated March 29, 2021, by and among Third Point LLC, Daniel S. Loeb, Third Point Offshore Master Fund, L.P. and Third Point Advisors II L.L.C. |
Exhibit 99.2: | Power of Attorney granted by Daniel S. Loeb in favor of William Song and Joshua L. Targoff, dated February 17, 2021, was previously filed with the SEC on March 4, 2021 as Exhibit 24 to the Form
4 filed by Third Point LLC and Daniel S. Loeb with respect to Radius Global Infrastructure Inc. and is incorporated herein by reference. |