0001104659-21-016104.txt : 20210208
0001104659-21-016104.hdr.sgml : 20210208
20210208201410
ACCESSION NUMBER: 0001104659-21-016104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210204
FILED AS OF DATE: 20210208
DATE AS OF CHANGE: 20210208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chu Chinh
CENTRAL INDEX KEY: 0001306507
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39272
FILM NUMBER: 21603308
MAIL ADDRESS:
STREET 1: THE BLACKSTONE GROUP
STREET 2: 345 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10154
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CC Neuberger Principal Holdings I
CENTRAL INDEX KEY: 0001800347
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O CC CAPITAL
STREET 2: 200 PARK AVENUE, 58TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10166
BUSINESS PHONE: 2123555515
MAIL ADDRESS:
STREET 1: C/O CC CAPITAL
STREET 2: 200 PARK AVENUE, 58TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10166
4
1
tm215568-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-02-04
0
0001800347
CC Neuberger Principal Holdings I
ETWO
0001306507
Chu Chinh
C/O CC NEUBERGER PRINCIPAL HOLDINGS I
200 PARK AVENUE, 58TH FLOOR
NEW YORK
NY
10166
1
0
0
0
Class A common stock
2021-02-04
4
J
0
6383143
A
6383143
I
By CC Neuberger Principal Holdings I Sponsor LLC
Class A common stock
2021-02-04
4
A
0
950000
10.00
A
7333143
I
By CC NB Sponsor I Holdings LLC
Series B-1 common stock
2021-02-04
4
J
0
1241857
A
Class A Common Stock
1241857
1241857
I
By CC Neuberger Principal Holdings I Sponsor LLC
Warrants to purchase Class A common stock
11.50
2021-02-04
4
J
0
5140000
1.00
A
Class A Common Stock
5140000
5140000
I
By CC Neuberger Principal Holdings I Sponsor LLC
In connection with the Business Combination Agreement, dated October 14, 2020, by and among CC Neuberger Principal Holdings I ("CCNB1"), E2open Holdings, LLC and the other parties thereto (the transactions contemplated thereby, the "Business Combination"), CCNB1 domesticated as a Delaware corporation (the "Domestication") and changed its name to "E2open Parent Holdings, Inc." ("E2open"). In connection with the Domestication, CC Neuberger Principal Holdings I Sponsor LLC's (the "Sponsor") Class B ordinary shares, par value $0.0001 per share, of CCNB1, which were previously convertible into Class A ordinary shares of CCNB1, were automatically converted into shares of Class A common stock of E2open, par value $0.0001 per share, on a one-for-one basis, other than 2,483,714 Class A ordinary shares that automatically converted into shares of Series B-1 common stock of E2open, par value $0.0001 per share, on a one-for-one basis.
The reported securities are held by the Sponsor, which became controlled by an affiliate of the reporting person in connection with the consummation of the Business Combination. The reported securities reflect the pecuniary interest of the reporting person in the securities held by the Sponsor; the reporting person disclaims beneficial ownership of the securities held by the Sponsor except to the extent of its respective pecuniary interest therein.
The reported securities are held by CC NB Sponsor I Holdings LLC ("CC"), which purchased 950,000 shares of Class A common stock from the company in a private placement that closed concurrently with the closing of the Business Combination. The reporting person controls in CC and is therefore deemed to be the beneficial owner of such securities. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of its respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that such reporting person is the beneficial owner of any securities covered by this Form 4.
Shares of Series B-1 common stock convert into shares of Class A common stock on a on a one-for-one basis upon the five-day volume weighted average trading price of the Class A common stock exceeding $13.50 per share. Any shares of Series B-1 common stock that have not converted into shares of Class A Common Stock by the tenth anniversary of the closing of the Business Combination shall be automatically cancelled.
Pursuant to the Private Placement Warrant Purchase Agreement, dated as of April 23, 2020, by and between CCNB1 and the Sponsor, the Sponsor purchased warrants to purchase Class A ordinary shares, which following the Domestication entitle the Sponsor to purchase shares of Class A common stock of E2open (the "Private Placement Warrants") for a price of $1.00 per Private Placement Warrant. Upon consummation of the Business Combination, the Private Placement Warrants became exercisable, beginning 30 days after the closing of the Business Combination, for one share of Class A common stock at a price of $11.50 per share. The Private Placement Warrants expire on the fifth anniversary of the consummation of the Business Combination.
/s/ Douglas Newton, Attorney-in-Fact for Chinh E. Chu
2021-02-08