0001140361-20-022200.txt : 20201001 0001140361-20-022200.hdr.sgml : 20201001 20201001194435 ACCESSION NUMBER: 0001140361-20-022200 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20201001 FILED AS OF DATE: 20201001 DATE AS OF CHANGE: 20201001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nayyar Ashok CENTRAL INDEX KEY: 0001558112 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39582 FILM NUMBER: 201217711 MAIL ADDRESS: STREET 1: 930 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10028 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Atlantic Street Partners LLC CENTRAL INDEX KEY: 0001819723 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39582 FILM NUMBER: 201217712 BUSINESS ADDRESS: STREET 1: 2200 ATLANTIC STREET STREET 2: SUITE 501 CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 203-989-9700 MAIL ADDRESS: STREET 1: 2200 ATLANTIC STREET STREET 2: SUITE 501 CITY: STAMFORD STATE: CT ZIP: 06902 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Atlantic Avenue Acquisition Corp CENTRAL INDEX KEY: 0001819510 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 852200249 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2200 ATLANTIC STREET STREET 2: SUITE 501 CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 203-989-9700 MAIL ADDRESS: STREET 1: 2200 ATLANTIC STREET STREET 2: SUITE 501 CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Atlantic Street Acquisition Corp DATE OF NAME CHANGE: 20200729 3 1 form3.xml FORM 3 X0206 3 2020-10-01 0 0001819510 Atlantic Avenue Acquisition Corp ASAQ 0001558112 Nayyar Ashok C/O ATLANTIC AVENUE ACQUISITION CORP 2200 ATLANTIC STREET, SUITE 501 STAMFORD CT 06902 true true true Chief Executive Officer, Chair 0001819723 Atlantic Street Partners LLC C/O ATLANTIC AVENUE ACQUISITION CORP 2200 ATLANTIC STREET, SUITE 501 STAMFORD CT 06902 true Class B Common Stock, par value $0.0001 Class A Common Stock, par value $0.0001 4565000 I See footnote This form is being filed by the following reporting persons: Ashok Nayyar, Atlantic Street Partners LLC (the "Sponsor") and Atlantic Street Partners GP LLC (the "GP" and, together with the Sponsor and Ashok Nayyar, the "Reporting Persons"). Because of the relationships among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. The Sponsor owns 4,565,000 shares of Class B Common Stock, par value $0.0001 per share, of the Issuer, including 750,000 shares of Class B Common Stock that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Such shares of Class B Common Stock have no expiration date and are convertible into shares of Class A Common Stock as described under the heading "Description of Securities-Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-248782). The managing member of the Sponsor is the GP, and Mr. Nayyar is the sole and managing member of the GP. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests. Exhibit 24 - Power of Attorney Exhibit 99 - Joint Filer Information and Signatures /s/ Ashok Nayyar 2020-10-01 EX-24 2 brhc10015698_ex24.htm EXHIBIT 24
Exhibit 24
POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints Barry Best of Atlantic Street Acquisition Corp to be renamed Atlantic Avenue Acquisition Corp (the “Company”) with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:

  1.
prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;
 
  2.
execute for and on behalf of the undersigned with respect to the Company, Schedules 13D and 13G and Forms 3, 4, and 5 in accordance with Sections 13 and 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
 
  3.
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Schedules 13D or 13G or Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and
 
  4.
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 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-fact’s discretion.

The undersigned hereby grants to 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-fact’s 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 acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming any of the undersigned’s responsibilities to comply with Sections 13 and 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 30th day of September, 2020.

 
ASHOK NAYYAR
   
 
/s/ Ashok Nayyar
 
Name:  Ashok Nayyar


EX-99.1 3 brhc10015698_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Atlantic Street Partners LLC
   
Address of Joint Filer:
c/o Atlantic Avenue Acquisition Corp
 
2200 Atlantic Street, Suite 501
 
Stamford, CT 06902
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Atlantic Avenue Acquisition Corp [ASAQ]
   
Date of Event Requiring Statement
  
(Month/Day/Year):
October 1, 2020
   
Designated Filer:
Ashok Nayyar

Signature:

Atlantic Street Partners LLC
By: Atlantic Street Partners GP LLC, its Managing Member

By:                     /s/ Ashok Nayyar                        
Name:                Ashok Nayyar
Title:                  Sole and Managing Member

Dated: October 1, 2020

Joint Filer Information

(continued)

Name of Joint Filer:
Atlantic Street Partners GP LLC
   
Address of Joint Filer:
c/o Atlantic Avenue Acquisition Corp
 
2200 Atlantic Street, Suite 501
 
Stamford, CT 06902
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Atlantic Avenue Acquisition Corp [ASAQ]
   
Date of Event Requiring Statement
  
(Month/Day/Year):
October 1, 2020
   
Designated Filer:
Ashok Nayyar

Signature:

Atlantic Street Partners GP LLC

By:                     /s/ Ashok Nayyar                        
Name:                Ashok Nayyar
Title:                  Sole and Managing Member

Dated: October 1, 2020


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