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