0001094891-19-000246.txt : 20191223
0001094891-19-000246.hdr.sgml : 20191223
20191223104847
ACCESSION NUMBER: 0001094891-19-000246
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191219
FILED AS OF DATE: 20191223
DATE AS OF CHANGE: 20191223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pivotal Spac Funding LLC
CENTRAL INDEX KEY: 0001763970
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38789
FILM NUMBER: 191303894
BUSINESS ADDRESS:
STREET 1: C/O MGG INVESTMENT GROUP ONE PENN PLAZA
STREET 2: 53RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
BUSINESS PHONE: 2123566100
MAIL ADDRESS:
STREET 1: C/O MGG INVESTMENT GROUP ONE PENN PLAZA
STREET 2: 53RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEDECKY JONATHAN J
CENTRAL INDEX KEY: 0001008382
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38789
FILM NUMBER: 191303895
MAIL ADDRESS:
STREET 1: C/O THE LEDECKY FOUNDATION
STREET 2: 901 - 15TH STREET, NW, SUITE 950
CITY: WASHINGTON
STATE: DC
ZIP: 20005
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Pivotal Acquisition Corp
CENTRAL INDEX KEY: 0001752474
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 611898603
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O GRAUBARD MILLER
STREET 2: 405 LEXINGTON AVENUE, 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10174
BUSINESS PHONE: (212) 818-8800
MAIL ADDRESS:
STREET 1: C/O GRAUBARD MILLER
STREET 2: 405 LEXINGTON AVENUE, 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10174
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2019-12-19
0001752474
Pivotal Acquisition Corp
KLDI
0001763970
Pivotal Spac Funding LLC
C/O GRAUBARD MILLER
405 LEXINGTON AVE, 11TH FL
NEW YORK
NY
10174
0
0
1
0
0001008382
LEDECKY JONATHAN J
C/O GRAUBARD MILLER
405 LEXINGTON AVE, 11TH FL
NEW YORK
NY
10174
1
0
1
0
Common Stock
2019-12-19
4
C
0
5070608
A
5070608
I
By Pivotal Acquisition Holdings LLC
Class B common stock
2019-12-19
4
D
0
479392
D
Common Stock
479392
5320608
I
By Pivotal Acquisition Holdings LLC
Class B common stock
2019-12-19
4
C
0
5070608
D
Common Stock
5070608
0
I
By Pivotal Acquisition Holdings LLC
Warrants
11.50
2019-12-19
4
D
0
1764719
D
Common Stock
1764719
4585281
I
By Pivotal Acquisition Holdings LLC
Pivotal Acquisition Corp.'s Class B common stock was convertible on a one-for-one basis into common equity of the surviving entity upon consummation of the Issuer's initial business combination and had no expiration date. In connection with the Issuer's business combination, such shares of Class B common stock of Pivotal Acquisition Corp. automatically converted into shares of common stock of KLDiscovery Inc.
The reporting person forfeited these securities to the Issuer for no consideration.
The warrants will become exercisable 30 days after the completion of the Issuer's initial business combination.
The warrants will expire on the fifth anniversary of the completion of the Issuer's initial business combination.
These shares are owned directly by Pivotal Acquisition Holdings LLC, a ten percent owner of the issuer, and indirectly by its managing members, Jonathan Ledecky (a director of the Issuer) and Pivotal Spac Funding LLC. Pivotal Spac Funding LLC is an affiliate of MGG Investment Group LP, whose Chief Executive Officer is Kevin Griffin, a director of the Issuer. Each of Mr. Ledecky, Pivotal Spac Funding LLC, MGG Investment Group LP, and Mr. Griffin disclaim beneficial ownership of the securities held by Pivotal Acquisition Holdings LLC, except to the extent of his or its pecuniary interest therein.
/s/ Kevin Griffin as Chief Executive Officer of Pivotal Spac Funding LLC
2019-12-23
/s/ Jonathan J. Ledecky
2019-12-23