0001415889-21-002007.txt : 20210415 0001415889-21-002007.hdr.sgml : 20210415 20210415142112 ACCESSION NUMBER: 0001415889-21-002007 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210415 DATE AS OF CHANGE: 20210415 GROUP MEMBERS: MUHAMMAD ASIF SEEMAB GROUP MEMBERS: TURKI SALEH A. ALRAJHI SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Software Acquisition Group Inc. II CENTRAL INDEX KEY: 0001816048 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 851525734 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91697 FILM NUMBER: 21828186 BUSINESS ADDRESS: STREET 1: 1980 FESTIVAL PLAZA DRIVE SUITE 300 CITY: LAS VEGAS STATE: NV ZIP: 89135 BUSINESS PHONE: 3109914982 MAIL ADDRESS: STREET 1: 1980 FESTIVAL PLAZA DRIVE SUITE 300 CITY: LAS VEGAS STATE: NV ZIP: 89135 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Mithaq Capital SPC CENTRAL INDEX KEY: 0001834600 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O SYNERGY, ANAS IBN MALIK ROAD CITY: AL MALQA, RIYADH STATE: T0 ZIP: 13521 BUSINESS PHONE: 966-11-222-2210 MAIL ADDRESS: STREET 1: C/O SYNERGY, ANAS IBN MALIK ROAD CITY: AL MALQA, RIYADH STATE: T0 ZIP: 13521 SC 13D/A 1 formsc13da-04152021_110402.htm FORM schedule-13d


 
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)*


 
SOFTWARE ACQUISITION GROUP INC. II
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
83407F101
(CUSIP Number)
Fred P. Boy, Esq.
Lehman & Eilen LLP
50 Charles Lindbergh Boulevard
Uniondale, New York 11553
5162220888
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
April 13 , 2021
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [   ]
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* 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).
 
 


 
CUSIP No. 83407F101
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Mithaq Capital SPC

    00-0000000

  (2)  
Check the Appropriate Box if a Member of a Group (See Instructions)
  (3)  

SEC Use Only

 

  (4)  

Source of Funds (See Instructions)

 

    WC

  (5)  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

  (6)  

Citizenship or Place of Organization

 

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (7)    

Sole Voting Power

 

     6,500,000

   (8)   

Shared Voting Power

 

    0

   (9)   

Sole Dispositive Power

 

     6,500,000

   (10)   

Shared Dispositive Power

 

    0

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     6,500,000

(12)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [   ]

(13)

 

Percent of Class Represented by Amount in Row (9)

 

    30.1

(14)

 

Type of Reporting Person (See Instructions)

 

    CO


CUSIP No. 83407F101
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Turki Saleh A. AlRajhi

    

  (2)  
Check the Appropriate Box if a Member of a Group (See Instructions)
  (3)  

SEC Use Only

 

  (4)  

Source of Funds (See Instructions)

 

    WC

  (5)  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

  (6)  

Citizenship or Place of Organization

 

    Saudi Arabia

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (7)    

Sole Voting Power

 

    0

   (8)   

Shared Voting Power

 

     6,500,000

   (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

     6,500,000

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     6,500,000

(12)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [   ]

(13)

 

Percent of Class Represented by Amount in Row (9)

 

    30.1%

(14)

 

Type of Reporting Person (See Instructions)

 

    IN


CUSIP No. 83407F101
  (1)   

Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

 

    Muhammad Asif Seemab

    

  (2)  
Check the Appropriate Box if a Member of a Group (See Instructions)
  (3)  

SEC Use Only

 

  (4)  

Source of Funds (See Instructions)

 

    WC

  (5)  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)   [   ]

  (6)  

Citizenship or Place of Organization

 

    Pakistan

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   (7)    

Sole Voting Power

 

    0

   (8)   

Shared Voting Power

 

    6,500,000

   (9)   

Sole Dispositive Power

 

    0

   (10)   

Shared Dispositive Power

 

    6,500,000

(11)

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    6,500,000

(12)

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  [   ]

(13)

 

Percent of Class Represented by Amount in Row (9)

 

    30.1%

(14)

 

Type of Reporting Person (See Instructions)

 

    IN


Item 1. Security and Issuer
This Amendment No. 5 amends the Schedule 13D filed on February 26, 2021 (the "Original Schedule 13D" and, as amended by Amendment No. 1 to Schedule 13D filed on March 2, 2021, Amendment No. 2 to Schedule 13D filed on March 18, 2021, Amendment No. 3 on March 25, 2021, and Amendment No. 4 filed on March 31, 2021, collectively, the "Schedule 13D"). This statement of beneficial ownership on Schedule 13D relates to the shares of Class A Common Stock (the "Shares") of Software Acquisition Group Inc. II (the "Issuer"), located at 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV 89135. Unless specifically amended hereby, the disclosures set forth in the Schedule 13D remain unchanged. Capitalized terms used but not otherwise defined herein have the meanings given to them in the Original Schedule 13D. The purpose of this Amendment No. 5 is to amend Item 3, 4 and 5 as reflected below.
Item 3. Source and Amount of Funds or Other Consideration
The aggregate amount expended by Mithaq Capital SPC (including brokerage commissions) to purchase Shares is set forth in Exhibit A hereto and is incorporated herein by reference.
Item 4. Purpose of Transaction
The second paragraph contained in the Original Schedule 13D is hereby replaced with the following:

The Reporting Persons or their representatives have had a brief discussion with the management of the Issuer to introduce themselves and to explain that Mithaq Capital SPC's purchase of shares is for investment. Management discussed the commercial opportunities resulting from a business combination with Otonomo Technologies. The Reporting Persons or their representatives from time to time may have additional conversations with the Issuer's representatives regarding the Issuer's strategy, governance and business and operations.

All other statements in Item 4 remain unchanged.
Item 5. Interest in Securities of the Issuer.
(a)
The information contained on the cover pages to this Schedule 13D is incorporated herein by reference, and reflect transactions through the close of business on April 14, 2021. Turki Saleh A. AlRajhi and Muhammad Asif Seemab are directors of Mithaq Capital SPC and as such may exercise shared voting and dispositive power over the shares owned by Mithaq Capital SPC. All percentages referred to on the cover pages are based on 17,250,000 shares of Class A common stock issued and outstanding and 4,312,500 shares of Class B common stock issued and outstanding as of December 31, 2020 as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 16, 2021.

(b)
See Item 5.a. above.
(c)
Information concerning transactions in the Shares effected by the Reporting Persons from February 11, 2021 through April 14, 2021 is set forth in Exhibit A hereto and is incorporated herein by reference. All of the transactions in Shares listed in Exhibit A were effected in open market brokerage transactions by Mithaq Capital SPC.

(d)
Except as described in this Schedule 13D, to the knowledge of the Reporting Persons, only Mithaq Capital SPC has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares reported on this Schedule 13D.
(e)
Not applicable.
Item 7. Material to Be Filed as Exhibits
EX-1.1
  
Spreadsheet of Transactions
 


 
SIGNATURES
 
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.
 
Date:   April 15, 2021
Mithaq Capital SPC
By: /s/ Turki Saleh A. AlRajhi

Name: Turki Saleh A. AlRajhi
Title: Director
Date:   April 15, 2021
Mithaq Capital SPC
By: /s/ Muhammad Asif Seemab

Name: Muhammad Asif Seemab
Title: Director
Date:   April 15, 2021
By: /s/ Turki Saleh A. AlRajhi

Name: Turki Saleh A. AlRajhi
Date:   April 15, 2021
By: /s/ Muhammad Asif Seemab

Name: Muhammad Asif Seemab


Exhibit Index
 
Exhibit No.

  
Description

EX-1.1
  
Spreadsheet of Transactions
EX-1 2 ex1-04152021_110405.htm ex1-04152021_110405.htm



Trade Date

Activity

Shares Bought

Cost (USD)

Cost Per share (USD)

Cumulative Shares

11-Feb-21

Buy

                  1,000,000

       11,000,397.45

                                 11.00

                   1,000,000

11-Feb-21

Buy

                        47,411

             521,781.76

                                 11.01

                   1,047,411

12-Feb-21

Buy

                     373,063

          4,104,363.82

                                 11.00

                   1,420,474

16-Feb-21

Buy

                     332,998

          3,768,890.08

                                 11.32

                   1,753,472

17-Feb-21

Buy

                     522,833

          5,877,175.01

                                 11.24

                   2,276,305

18-Feb-21

Buy

                     450,849

          5,128,896.64

                                 11.38

                   2,727,154

19-Feb-21

Buy

                     294,605

          3,383,785.91

                                 11.49

                   3,021,759

22-Feb-21

Buy

                     219,495

          2,523,412.27

                                 11.50

                   3,241,254

23-Feb-21

Buy

                     520,641

          5,743,978.86

                                 11.03

                   3,761,895

24-Feb-21

Buy

                        61,271

             695,804.21

                                 11.36

                   3,823,166

25-Feb-21

Buy

                     397,764

          4,501,795.92

                                 11.32

                   4,220,930

26-Feb-21

Buy

                        43,620

             494,780.29

                                 11.34

                   4,264,550

1-Mar-21

Buy

                        47,950

             543,175.74

                                 11.33

                   4,312,500

9-Mar-21

Buy

                        52,954

             550,551.92

                                 10.40

                   4,365,454

10-Mar-21

Buy

                        35,400

             369,689.95

                                 10.44

                   4,400,854

11-Mar-21

Buy

                              400

                  4,202.10

                                 10.51

                   4,401,254

12-Mar-21

Buy

                        19,725

             206,712.82

                                 10.48

                   4,420,979

15-Mar-21

Buy

                        87,829

             920,319.40

                                 10.48

                   4,508,808

16-Mar-21

Buy

                        34,853

             360,549.75

                                 10.34

                   4,543,661

17-Mar-21

Buy

                        85,209

             887,665.28

                                 10.42

                   4,628,870

18-Mar-21

Buy

                        26,783

             281,297.80

                                 10.50

                   4,655,653

19-Mar-21

Buy

                     123,308

          1,294,172.34

                                 10.50

                   4,778,961

22-Mar-21

Buy

                        11,090

             116,482.14

                                 10.50

                   4,790,051

 

 

 

 

 

 





23-Mar-21

Buy

                     766,618

          8,051,519.54

                                 10.50

                   5,556,669

24-Mar-21

Buy

                        21,649

             218,441.50

                                 10.09

                   5,578,318

25-Mar-21

Buy

                          7,163

                71,665.82

                                 10.01

                   5,585,481

30-Mar-21

Buy

                     854,916

          8,553,434.58

                                 10.01

                   6,440,397

31-Mar-21

Buy

                        59,603

             596,328.02

                                 10.01

                   6,500,000

Total


                  

             70,771,271