SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
PropTech Acquisition Corporation
(Name of Issuer)
Class A Common Stock, $0.0001 par value per share
(Title of Class of Securities)
74349F 101
(CUSIP Number)
October 1, 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 persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in 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).
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Alexander Mitchell | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☑
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
United States of America |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
1,087,500 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,087,500 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,087,500 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
6.3% | |||||
12. | Type of Reporting Person (See Instructions)
IN |
2
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Capital, Inc. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
1,087,500 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,087,500 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,087,500 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
6.3% | |||||
12. | Type of Reporting Person (See Instructions)
CO |
3
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Asset Management, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
1,087,500 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,087,500 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,087,500 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
6.3% | |||||
12. | Type of Reporting Person (See Instructions)
IA |
4
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Advisors, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
1,000,119 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
1,000,119 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,000,119 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
5.8% | |||||
12. | Type of Reporting Person (See Instructions)
OO |
5
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Partners, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
65,304 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
65,304 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
65,304 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
0.4% | |||||
12. | Type of Reporting Person (See Instructions)
PN |
6
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Partners II, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
99,996 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
99,996 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
99,996 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
0.6% | |||||
12. | Type of Reporting Person (See Instructions)
PN |
7
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Vista Partners, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
834,819 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
834,819 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
834,819 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
4.8% | |||||
12. | Type of Reporting Person (See Instructions)
PN |
8
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Fund Ltd. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☑
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
35,518 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
35,518 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
35,518 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
0.2% | |||||
12. | Type of Reporting Person (See Instructions)
CO |
9
CUSIP No. 74349F 101
1. |
Names of Reporting Persons
Scopus Vista Fund Ltd. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☑
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With |
5. | Sole Voting Power
0 | ||||
6. | Shared Voting Power
51,863 | |||||
7. | Sole Dispositive Power
0 | |||||
8. | Shared Dispositive Power
51,863 |
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
51,863 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
0.3% | |||||
12. | Type of Reporting Person (See Instructions)
CO |
10
Item 1. | |
(a) | Name of Issuer: |
PropTech Acquisition Corporation (the Issuer)
(b) | Address of Issuers Principal Executive Offices: |
3485 N. Pines Way, Suite 110
Wilson, WY 83104
Item 2. | |
(a) | Name of Person Filing: |
This statement is filed by Mr. Alexander Mitchell; Scopus Capital, Inc. (SCI); Scopus Asset Management, L.P. (SAMLP); Scopus Advisors, LLC (SALLC); Scopus Partners, L.P. (SPLP); Scopus Partners II, L.P. (SPIILP); Scopus Vista Partners, L.P. (SVPLP); Scopus Fund Ltd. (SFL); and Scopus Vista Fund Ltd. (SVFL, and together with Mr. Mitchell, SCI, SAMLP, SALLC, SPLP, SPIILP, SVPLP and SFL, the Reporting Persons).
(b) | Address of Principal Business Office or, if none, Residence: |
For each Reporting Person:
717 Fifth Ave., 21st Floor
New York, New York 10022
(c) | Citizenship: |
For each Reporting Person other than Mr. Mitchell, SFL and SVFL, Delaware.
For Mr. Mitchell, United States of America
For SFL and SVFL, British Virgin Islands.
(d) | Title of Class of Securities: |
Class A Common Stock, $0.0001 par value per share (Class A Common Stock)
(e) | CUSIP Number: |
74349F 101
Item 3. | If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
Item 4. | Ownership |
The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Statement.
The percent of class represented by the amount beneficially owned by each Reporting Person is based on 17,250,000 shares of Class A Common Stock outstanding as of August 10, 2020, as indicated by the Issuers Form 10-Q filed with the Securities and Exchange Commission on August 11, 2020.
11
The beneficial ownership of SPLP consists of 65,304 shares of Class A Common Stock held by SPLP. The beneficial ownership of SPIILP consists of 99,996 shares of Class A Common Stock held by SPIILP. The beneficial ownership of SVPLP consists of 834,819 shares of Class A Common Stock held by SVPLP. The beneficial ownership of SFL consists of 35,518 shares of Class A Common Stock held by SFL. The beneficial ownership of SVFL consists of 51,863 shares of Class A Common Stock held by SVFL.
SALLC is the general partner of each of SPLP, SPIILP and SVPLP and is deemed to have beneficial ownership of the Class A Common Stock beneficially owned by each such entity. SAMLP is the investment advisor to each of SPLP, SPIILP, SVPLP, SFL and SVFL and is deemed to have beneficial ownership of the Class A Common Stock beneficially owned by each such entity. SCI is the general partner of SAMLP and is deemed to have beneficial ownership of the Class A Common Stock beneficially owned by SAMLP. Mr. Mitchell holds 100% of the ownership interest in each of SALLC and SCI and is deemed to have beneficial ownership of the Class A Common Stock beneficially owned by each such entity.
Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person |
SPLP, SPIILP, SVPLP, SFL and SVFL, as the entities that directly hold the shares of Class A Common Stock, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Class A Common Stock reported as beneficially owned by Mr. Mitchell, SCI, SAMLP and SALLC.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person |
Not applicable.
Item 8. | Identification and Classification of Members of the Group |
Not applicable.
Item 9. | Notice of Dissolution of Group |
Not applicable.
Item 10. | Certification |
By signing below I certify that, to the best of my 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 § 240.14a-11.
12
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated October 9, 2020
ALEXANDER MITCHELL | SCOPUS CAPITAL, INC. | |||||||
/s/ Daniel Fried, attorney-in-fact | By: | /s/ Daniel Fried | ||||||
Name: Daniel Fried | ||||||||
Title: Attorney-in-Fact |
SCOPUS ASSET MANAGEMENT, L.P. By: Scopus Capital, Inc., its General Partner |
SCOPUS ADVISORS, LLC | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS PARTNERS II, L.P. By: Scopus Advisors, LLC, its General Partner | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS VISTA PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS FUND LTD. | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS VISTA FUND LTD. | ||||||||
By: | /s/ Daniel Fried | |||||||
Name: Daniel Fried | ||||||||
Title: Attorney-in-Fact |
13
Exhibit 99.1
JOINT FILING AGREEMENT
The persons below hereby agree that the Schedule 13G to which this agreement is attached as an exhibit, as well as all future amendments to such Schedule 13G, shall be filed on behalf of each of them. This agreement is intended to satisfy the requirements of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934.
Dated October 9, 2020
ALEXANDER MITCHELL | SCOPUS CAPITAL, INC. | |||||||
/s/ Daniel Fried, attorney-in-fact | By: | /s/ Daniel Fried | ||||||
Name: Daniel Fried | ||||||||
Title: Attorney-in-Fact |
SCOPUS ASSET MANAGEMENT, L.P. By: Scopus Capital, Inc., its General Partner |
SCOPUS ADVISORS, LLC | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS PARTNERS II, L.P. By: Scopus Advisors, LLC, its General Partner | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS VISTA PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS FUND LTD. | |||||||
By: | /s/ Daniel Fried | By: | /s/ Daniel Fried | |||||
Name: Daniel Fried | Name: Daniel Fried | |||||||
Title: Attorney-in-Fact | Title: Attorney-in-Fact |
SCOPUS VISTA FUND LTD. | ||||||||
By: | /s/ Daniel Fried | |||||||
Name: Daniel Fried | ||||||||
Title: Attorney-in-Fact |
Exhibit 99.2
LIMITED POWER OF ATTORNEY FOR
SECTION 13(d) REPORTING PURPOSES
Know all by these presents, that the undersigned hereby makes, constitutes and appoints Daniel Fried, acting individually, as the undersigneds true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:
(1) execute for, and on behalf of, the undersigned, in the undersigneds capacity as a greater than 5% beneficial owner of PropTech Acquisition Corporation (the Company), Schedule 13D or Schedule 13G in accordance with Section 13(d) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder (the Exchange Act);
(2) do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to prepare, complete and execute any such Schedule 13D or Schedule 13G, and any amendments or joint filing agreements thereto, and timely file such Schedule 13D or Schedule 13G or reports with the United States Securities and Exchange Commission; and
(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-facts sole discretion.
The undersigned hereby gives and grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.
The undersigned hereby acknowledges that (a) the foregoing attorney-in-fact is serving in such capacity at the request of the undersigned; (b) this Limited Power of Attorney authorizes, but does not require, such attorney-in-fact to act in his discretion on information provided to such attorney-in-fact without independent verification of such information; (c) any documents prepared and/or executed by such attorney-in-fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such information and disclosure as such attorney-in-fact, in his or her sole discretion, deems necessary or advisable; (d) neither the Company nor any attorney-in-fact assumes (i) any liability for the undersigneds responsibility to comply with the requirements of the Exchange Act or (ii) any liability of the undersigned for any failure to comply with such requirements; and (e) this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigneds obligations under the Exchange Act, including, without limitation, the reporting requirements under Section 13(d) of the Exchange Act.
This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Schedule 13D or Schedule 13G with respect to the undersigneds holdings of securities issued by the Company, unless earlier revoked as to the attorney-in-fact by the undersigned in a signed writing delivered to such attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 9th day of October, 2020.
ALEXANDER MITCHELL | SCOPUS CAPITAL, INC. | |||||||
/s/ Alexander Mitchell | By: | /s/ Alexander Mitchell | ||||||
Name: Alexander Mitchell | ||||||||
Title: Sole Shareholder |
SCOPUS ASSET MANAGEMENT, L.P. By: Scopus Capital, Inc., its General Partner |
SCOPUS ADVISORS, LLC | |||||||
By: | /s/ Alexander Mitchell | By: | /s/ Alexander Mitchell | |||||
Name: Alexander Mitchell | Name: Alexander Mitchell | |||||||
Title: Sole Shareholder | Title: Sole Member |
SCOPUS PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS PARTNERS II, L.P. By: Scopus Advisors, LLC, its General Partner | |||||||
By: | /s/ Alexander Mitchell | By: | /s/ Alexander Mitchell | |||||
Name: Alexander Mitchell | Name: Alexander Mitchell | |||||||
Title: Sole Member | Title: Sole Member |
SCOPUS VISTA PARTNERS, L.P. By: Scopus Advisors, LLC, its General Partner |
SCOPUS FUND LTD. | |||||||
By: | /s/ Alexander Mitchell | By: | /s/ Alexander Mitchell | |||||
Name: Alexander Mitchell | Name: Alexander Mitchell | |||||||
Title: Sole Member | Title: Director |
SCOPUS VISTA FUND LTD. | ||||||||
By: | /s/ Alexander Mitchell | |||||||
Name: Alexander Mitchell | ||||||||
Title: Director |