0001104659-20-086891.txt : 20200727 0001104659-20-086891.hdr.sgml : 20200727 20200727171103 ACCESSION NUMBER: 0001104659-20-086891 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200727 FILED AS OF DATE: 20200727 DATE AS OF CHANGE: 20200727 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Benton Ryan A CENTRAL INDEX KEY: 0001564606 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39406 FILM NUMBER: 201051094 MAIL ADDRESS: STREET 1: 48720 KATO ROAD CITY: FREMONT STATE: CA ZIP: 94538 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ACE Convergence Acquisition Corp. CENTRAL INDEX KEY: 0001813658 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1013 CENTRE ROAD, SUITE 403S CITY: WILMINGTON STATE: DE ZIP: 19805 BUSINESS PHONE: (302) 633-2102 MAIL ADDRESS: STREET 1: 1013 CENTRE ROAD, SUITE 403S CITY: WILMINGTON STATE: DE ZIP: 19805 3 1 tm2025558d3_3.xml OWNERSHIP DOCUMENT X0206 3 2020-07-27 0 0001813658 ACE Convergence Acquisition Corp. ACEV 0001564606 Benton Ryan A C/O ACE CONVERGENCE ACQUISITION CORP. 1013 CENTRE ROAD, SUITE 403S WILMINGTON DE 19805 1 0 0 0 Class B ordinary shares Class A ordinary shares 35000 D As described in the issuer's registration statement on Form S-1 (File No. 333-239716) under the heading "Description of Securities--Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. Exhibit 24.1 - Power of Attorney /s/ Denis Tse, as attorney-in-fact 2020-07-27 EX-24.1 2 tm2025558d3_ex24-1.htm EXHIBIT 24.1

Exhibit 24.1

POWER OF ATTORNEY

For Executing Forms 3, 4 and 5

KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and appoints each of Behrooz Abdi, Denis Tse, Sunny Siu or ACE Convergence Acquisition LLC, or any of them, each acting alone, his or her true and lawful attorney-in-fact to:

(1)

execute for and on behalf of the undersigned a Form 3, Form 4 or Form 5, or any amendment thereto, relating to the securities of ACE Convergence Acquisition Corp., in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

(2)

do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute such Form 3, Form 4 or Form 5, or any amendment thereto, and the timely filing of such form with the United States Securities and Exchange Commission and any other authority; 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 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 each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as such undersigned might or could do if personally present, hereby ratifying and confirming all that such attorney-in-fact 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 each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming any of the undersigned’s responsibilities to comply with Section 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 ACE Convergence Acquisition Corp. 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 27^th day of July, 2020.

By:		/s/ Ryan Benton
		Ryan Benton