CFI Sponsor LLC 3
3 · Crescent Acquisition Corp · Filed Mar 7, 2019
Insider Transaction Report
Form 3
CFI Sponsor LLC
10% Owner
Holdings
Class F Common Stock
→ Class A Common Stock (7,112,500 underlying)
Footnotes (3)
- [F1]As described in the issuer's registration statement on Form S-1 (File No. 333-229718) under the heading "Description of Securities-Founder Shares," the shares of Class F common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment.
- [F2]CFI Sponsor LLC directly owns 7,112,500 shares of Class F common stock, par value $0.0001 per share (the "Class F Shares"), of Crescent Acquisition Corp. Messrs. Attanasio and Chapus control Crescent Capital Group LP, and Crescent Capital Group LP, an entity controlled by Mr. Beyer and an entity controlled by Mr. Purdy are the managing members of CFI Sponsor LLC. Accordingly, Messrs. Attanasio, Beyer, Chapus and Purdy share voting and dispositive power over the Class F Shares held by CFI Sponsor LLC and may be deemed to beneficially own such Class F Shares.
- [F3]The Class F common stock owned by the reporting person includes up to 937,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment opition as described in the issuer's registration statement.