0001094891-19-000032.txt : 20190124
0001094891-19-000032.hdr.sgml : 20190124
20190124184535
ACCESSION NUMBER: 0001094891-19-000032
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190124
FILED AS OF DATE: 20190124
DATE AS OF CHANGE: 20190124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Torres Julio A.
CENTRAL INDEX KEY: 0001543079
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38785
FILM NUMBER: 19540897
MAIL ADDRESS:
STREET 1: CARRERA 10 NO. 28-49
STREET 2: TORRE A. OFICINA 20-05
CITY: BOGOTA
STATE: F8
ZIP: XXXXX
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Andina Acquisition Corp. III
CENTRAL INDEX KEY: 0001691936
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 250 WEST 57TH STREET
STREET 2: SUITE 2223
CITY: NEW YORK
STATE: NY
ZIP: 10107
BUSINESS PHONE: 646-565-3861
MAIL ADDRESS:
STREET 1: 250 WEST 57TH STREET
STREET 2: SUITE 2223
CITY: NEW YORK
STATE: NY
ZIP: 10107
3
1
edgar.xml
PRIMARY DOCUMENT
X0206
3
2019-01-24
0
0001691936
Andina Acquisition Corp. III
ANDA
0001543079
Torres Julio A.
C/O ANDINA ACQUISITION CORP. III
CALLE 113 #7-45 TORRE B, OFICINA 1012
BOGATA
F8
COLOMBIA
1
1
0
0
Chief Executive Officer
Ordinary Shares
187873
D
Redeemable Warrant
Ordinary Shares
11364
D
Right to Receive Ordinary Shares
Ordinary Shares
1136
D
Includes securities underlying 11,364 units of the Issuer, which units, prior to the effective date of the registration statement relating to the Issuer's initial public offering, the reporting person irrevocably committed to purchase. Each unit ("Unit") consists of one ordinary share, one redeemable warrant entitling the holder to purchase one ordinary share, and one right exchangeable for 1/10 of one ordinary share. The purchase of these Units is being made on a private placement basis and will be consummated simultaneously with the consummation of the Issuer's initial public offering. Does not include securities underlying up to 1,136 additional Units which the reporting person irrevocably committed to purchase in the event the underwriters in the Issuer's initial public offering exercise their overallotment option in full.
Includes up to 34,844 ordinary shares that may be forfeited if the underwriters in the Issuer's initial public offering do not exercise the overallotment option in full. Also includes 69,688 ordinary shares which will vest only if the reporting person remains affiliated with the Issuer at the time of the Issuer's initial business combination.
Each warrant will become exercisable on the later of the completion of the Issuer's initial business combination and January 24, 2020.
Each warrant will expire five years after the completion of the Issuer's initial business combination.
Each warrant entitles the holder to purchase one ordinary share at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising transactions.
Each right is exchangeable for 1/10 of one ordinary share upon the completion of the Issuer's initial business combination.
In the event that the Issuer is unable to complete an initial business combination and redeems the public shares issued in the Issuer's initial public offering, each right will expire worthless.
/s/ Julio A. Torres
2019-01-24