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Filing Details

Accession Number:: 0001213900-20-036677
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-12 19:31:46
Reporting Period:: 2020-11-03

Accepted Time:: 2020-11-12 19:31:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1823882	New Beginnings Acquisition Corp.	NBA.U	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1651857	W Russell Galbut	C/O New Beginnings Acquisition Corp. 800 1St Street, Unit 1 Miami FL 33139	Chairman Of The Board	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-11-03	500,000	$10.00	3,321,000	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2020-11-09	30,000	$10.00	3,351,000	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2020-11-12	15,000	$10.00	3,366,000	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote

Footnotes

The reported shares are included within the 500,000 private placement units of the issuer purchased by New Beginnings Sponsor, LLC (the "Sponsor") for $10.00 per private placement unit. The private placement units were purchased in a private placement that closed simultaneously with the closing of the issuer's initial public offering, and each such unit consists of one share of common stock of the issuer and one redeemable warrant of the issuer. The warrants included in the units will become exercisable, if at all, on the later of 30 days after the completion of the issuer's initial business combination and 12 months from the closing of the issuer' initial public offering.
The reported shares are included within the 30,000 private placement units of the issuer purchased by the Sponsor for $10.00 per private placement unit. The private placement units were purchased in a private placement that closed simultaneously with the closing of the underwriters partial exercise of their over-allotment option granted in connection with the initial public offering, and each such unit consists of one share of common stock of the issuer and one redeemable warrant of the issuer. The warrants included in the units will become exercisable, if at all, on the later of 30 days after the completion of the issuer's initial business combination and 12 months from the closing of the issuer' initial public offering.
The reported shares are included within the 15,000 private placement units of the issuer purchased by the Sponsor for $10.00 per private placement unit. The private placement units were purchased in a private placement that closed simultaneously with the closing of the underwriters partial exercise of their over-allotment option granted in connection with the initial public offering, and each such unit consists of one share of common stock of the issuer and one redeemable warrant of the issuer. The warrants included in the units will become exercisable, if at all, on the later of 30 days after the completion of the issuer's initial business combination and 12 months from the closing of the issuer' initial public offering.
The securities are held directly by the Sponsor and indirectly by Michael Liebowitz and Russell Galbut as managers of the Sponsor. Each of Messrs. Liebowitz and Galbut disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.