Statement of Changes in Beneficial Ownership (4)
December 23 2020 - 6:42AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Lionheart Equities, LLC |
2. Issuer Name and Ticker or Trading Symbol
BurgerFi International, Inc.
[
BFI
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
4218 NE 2ND AVENUE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/16/2020 |
(Street)
MIAMI, FL 33137
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock, par value $0.0001 per share underlying Units | 12/16/2020 | | P(1) | | 1000000 | A | $10 | 1000000 | D | |
Common Stock, par value $0.0001 per share | 12/16/2020 | | J(2) | | 1000000 | D | $0 | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrant underlying Units | $11.5 | 12/16/2020 | | P (1) | | 1000000 | | 1/16/2021 | 12/16/2025 | Common Stock | 1000000 | (1) | 1000000 | D | |
Explanation of Responses: |
(1) | Pursuant to the terms of the Amended and Restated Forward Purchase Contract, dated December 16, 2020, between the Reporting Person and the Issuer, the Reporting Person purchased 1,000,000 forward purchase units (the "Units") at $10.00 per unit, in a private placement, for an aggregate purchase price of $10,000,000, in connection with the consummation of the business combination with BurgerFi International, LLC. Each Unit consists of one share of Common Stock, par value $0.0001 per share (the "Shares") and one warrant exercisable to purchase one share of Common Stock at an exercise price of $11.50 per share (the "Warrants"). Mr. Sternberg, as manager of Lionheart Equities has sole voting and dispositive control over the Shares and Warrants. |
(2) | 2. Reflects the distribution of the Shares to the Reporting Person's investors who funded the purchase of the Units from the Issuer. No consideration was paid for the distribution. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Lionheart Equities, LLC 4218 NE 2ND AVENUE MIAMI, FL 33137 |
| X |
|
|
Signatures
|
Lionheart Equities LLC By: Ophir Sternberg | | 12/23/2020 |
**Signature of Reporting Person | Date |
Opes Acquisition (NASDAQ:OPESU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Opes Acquisition (NASDAQ:OPESU)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Opes Acquisition Corporation (NASDAQ): 0 recent articles
More Burgerfi International, Inc. News Articles