0001193125-20-268066.txt : 20201013 0001193125-20-268066.hdr.sgml : 20201013 20201013093028 ACCESSION NUMBER: 0001193125-20-268066 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201013 DATE AS OF CHANGE: 20201013 GROUP MEMBERS: LINDEN ADVISORS LP GROUP MEMBERS: LINDEN GP LLC GROUP MEMBERS: SIU MIN WONG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IG Acquisition Corp. CENTRAL INDEX KEY: 0001819496 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 852096362 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-91742 FILM NUMBER: 201234961 BUSINESS ADDRESS: STREET 1: 251 PARK AVENUE SOUTH, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 917-765-5588 MAIL ADDRESS: STREET 1: 251 PARK AVENUE SOUTH, 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Linden Capital L.P. CENTRAL INDEX KEY: 0001349339 IRS NUMBER: 980430338 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: VICTORIA PLACE, 31 VICTORIA STREET CITY: HAMILTON STATE: D0 ZIP: HM10 BUSINESS PHONE: 441-294-3202 MAIL ADDRESS: STREET 1: VICTORIA PLACE, 31 VICTORIA STREET CITY: HAMILTON STATE: D0 ZIP: HM10 SC 13G 1 d50326dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

 

 

IG Acquisition Corp.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

449534205

(CUSIP Number)

October 5, 2020

(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 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 (“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).

 

 

 

(Continued on the Following Pages)

(Page 1 of 10 Pages)

 


Page 2 of 10

CUSIP No. 449534205

 

  1.    

  NAMES OF REPORTING PERSONS

 

  LINDEN CAPITAL 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

 

  Bermuda

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

    5.     

  SOLE VOTING POWER

 

  0

  6.     

  SHARED VOTING POWER

 

  2,668,093

  7.     

  SOLE DISPOSITIVE POWER

 

  0

  8.     

  SHARED DISPOSITIVE POWER

 

  2,668,093

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,668,093

10.    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  8.9%

12.    

  TYPE OF REPORTING PERSON

 

  PN


Page 3 of 10

CUSIP No. 449534205

 

  1.    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  LINDEN GP 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

 

  2,668,093

  7.     

  SOLE DISPOSITIVE POWER

 

  0

  8.     

  SHARED DISPOSITIVE POWER

 

  2,668,093

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,668,093

10.    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  8.9%

12.    

  TYPE OF REPORTING PERSON

 

  HC


Page 4 of 10

CUSIP No. 449534205

 

  1.    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  LINDEN ADVISORS LP

  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

 

  2,950,000

  7.     

  SOLE DISPOSITIVE POWER

 

  0

  8.     

  SHARED DISPOSITIVE POWER

 

  2,950,000

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,950,000

10.    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  9.8%

12.    

  TYPE OF REPORTING PERSON

 

  IA, PN


Page 5 of 10

CUSIP No. 449534205

 

  1.    

  NAMES OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

  SIU MIN WONG

  2.    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☒        (b)  ☐

 

  3.    

  SEC USE ONLY

 

  4.    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  China (Hong Kong) and USA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH:

    5.     

  SOLE VOTING POWER

 

  0

  6.     

  SHARED VOTING POWER

 

  2,950,000

  7.     

  SOLE DISPOSITIVE POWER

 

  0

  8.     

  SHARED DISPOSITIVE POWER

 

  2,950,000

  9.    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  2,950,000

10.    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11.    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  9.8%

12.    

  TYPE OF REPORTING PERSON

 

  IN, HC


Page 6 of 10

 

Item 1(a).

Name of Issuer:

IG Acquisition Corp. (the “Issuer”).

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

251 Park Avenue South, 8th Floor

New York, New York 10010

 

Item 2(a).

Name of Person Filing:

  This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”)

 

    i)

Linden Capital L.P., a Bermuda limited partnership (“Linden Capital”);

 

    ii)

Linden GP LLC, a Delaware limited liability company (“Linden GP”);

 

    iii)

Linden Advisors LP, a Delaware limited partnership (“Linden Advisors”); and

 

    iv)

Siu Min (Joe) Wong (“Mr. Wong”).

This Statement relates to Shares (as defined herein) held for the account of Linden Capital and one or more separately managed accounts (the “Managed Accounts”). Linden GP is the general partner of Linden Capital and, in such capacity, may be deemed to beneficially own the Shares held by Linden Capital. Linden Advisors is the investment manager of Linden Capital and trading advisor or investment advisor for the Managed Accounts. Mr. Wong is the principal owner and controlling person of Linden Advisors and Linden GP. In such capacities, Linden Advisors and Mr. Wong may each be deemed to beneficially own the Shares held by each of Linden Capital and the Managed Accounts.

 

Item 2(b).

Address of Principal Business Office or, if None, Residence:

The principal business address for Linden Capital is Victoria Place, 31 Victoria Street, Hamilton HM10, Bermuda. The principal business address for each of Linden Advisors, Linden GP and Mr. Wong is 590 Madison Avenue, 15th Floor, New York, New York 10022.

 

Item 2(c).

Citizenship:

 

    i)

Linden Capital is a Bermuda limited partnership.

 

    ii)

Linden GP is a Delaware limited liability company.

 

    iii)

Linden Advisors is a Delaware limited partnership.

 

    iv)

Mr. Wong is a citizen of China (Hong Kong) and the United States.


Page 7 of 10

 

Item 2(d).

Title of Class of Securities

Class A Common Stock, par value $0.0001 per share (the “Shares”).

 

Item 2(e).

CUSIP Number: 449534205

 

Item 3.

If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

This Item 3 is not applicable.

 

Item 4.

Ownership:

 

Item 4(a)

Amount Beneficially Owned:

  As of October 5, 2020, each of Linden Advisors and Mr. Wong may be deemed the beneficial owner of 2,950,000 Shares. This 2,950,000 amount consists of 2,668,093 Shares held by Linden Capital and 281,907 Shares held by the Managed Accounts. As of October 5, 2020, each of Linden GP and Linden Capital may be deemed the beneficial owner of the 2,668,093 Shares held by Linden Capital.

 

Item 4(b)

Percent of Class:

  As of October 5, 2020, each of Linden Advisors and Mr. Wong may be deemed the beneficial owner of approximately 9.8% of Shares outstanding, and each of Linden GP and Linden Capital may be deemed the beneficial owner of approximately 8.9% of Shares outstanding. These percentages are based on the 30,000,000 Shares outstanding as reported in the Issuer’s Current Report on Form 8-K filed on October 6, 2020.

 

Item 4(c)

Number of Shares as to which such person has:

 

As of October 5, 2020:

  

Linden Capital and Linden GP:

  

(i) Sole power to vote or direct the vote:

     0  

(ii) Shared power to vote or direct the vote:

     2,668,093  

(iii) Sole power to dispose or direct the disposition of:

     0  

(iv) Shared power to dispose or direct the disposition of:

     2,668,093  

Linden Advisors and Mr. Wong:

  

(i) Sole power to vote or direct the vote:

     0  

(ii) Shared power to vote or direct the vote:

     2,950,000  

(iii) Sole power to dispose or direct the disposition of:

     0  

(iv) Shared power to dispose or direct the disposition of:

     2,950,000  


Page 8 of 10

 

Item 5.

Ownership of Five Percent or Less of a Class:

This Item 5 is not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

See disclosure in Items 2 and 4 hereof.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

See disclosure in Item 2 hereof.

 

Item 8.

Identification and Classification of Members of the Group:

See Exhibit A attached hereto.

 

Item 9.

Notice of Dissolution of Group:

This item 9 is not applicable.

 

Item 10.

Certification:

By signing below, the undersigned certifies that, to the best of its 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, other than activities solely in connection with a nomination under Sec. 240.14a-11.

 

Item 11.

Materials to Be Filed as Exhibits:

Exhibit A: Joint Filing Statement


Page 9 of 10

 

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, I certify that the information with respect to it set forth in this statement is true, complete, and correct.

Dated: October 12, 2020

 

LINDEN CAPITAL L.P.
By:   Linden GP LLC, its general partner
  By:  

/S/ Saul Ahn

    Saul Ahn,
    Authorized Signatory
LINDEN GP LLC
By:  

/S/ Saul Ahn

    Saul Ahn,
    Authorized Signatory
LINDEN ADVISORS LP
By:  

/S/ Saul Ahn

    Saul Ahn,
    General Counsel
SIU MIN WONG
By:  

/S/ Saul Ahn

  Saul Ahn, Attorney-in-Fact for Siu Min Wong**

 

 

**

Duly authorized under Siu Min Wong’s Power of Attorney, dated June 10, 2019, incorporated herein by reference to Exhibit B of the statement on Schedule 13G filed by Linden Capital L.P. on June 19, 2019 in respect of its holdings in Haymaker Acquisition Corp II.

EX-99.A 2 d50326dex99a.htm EX-99.A EX-99.A

Page 1 0 of 10

 

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A common Stock of IG Acquisition Corp. dated as of October 5, 2020 is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Dated: October 12, 2020

 

LINDEN CAPITAL L.P.
By:   Linden GP LLC, its general partner
  By:  

/S/ Saul Ahn

    Saul Ahn,
    Authorized Signatory
LINDEN GP LLC
By:  

/S/ Saul Ahn

    Saul Ahn,
    Authorized Signatory
LINDEN ADVISORS LP
By:  

/S/ Saul Ahn

    Saul Ahn,
    General Counsel
SIU MIN WONG
By:  

/S/ Saul Ahn

  Saul Ahn, Attorney-in-Fact for Siu Min Wong**

 

 

**

Duly authorized under Siu Min Wong’s Power of Attorney, dated June 10, 2019, incorporated herein by reference to Exhibit B of the statement on Schedule 13G filed by Linden Capital L.P. on June 19, 2019 in respect of its holdings in Haymaker Acquisition Corp II.