SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Morris Jonathan
(Last) (First) (Middle)
C/O CAMBRIDGE CAPITAL ACQUISITION CORP
525 SOUTH FLAGLER DRIVE, SUITE 201
(Street)
WEST PALM BEACH FL 33401
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cambridge Capital Acquisition Corp [ CAMB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/23/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/23/2015 D 8,473 D (1) 0 D
Common Stock 12/23/2015 S 539,351 D $0(2) 1,043,062 I By Gordon Family 2007 Trust(3)
Common Stock 12/22/2015 D 1,043,062 D (4) 0 I By Gordon Family 2007 Trust(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $11.5 12/23/2015 D 5,543 12/23/2015 12/23/2018 Common Stock 5,543 (5) 0 D
1. Name and Address of Reporting Person*
Morris Jonathan
(Last) (First) (Middle)
C/O CAMBRIDGE CAPITAL ACQUISITION CORP
525 SOUTH FLAGLER DRIVE, SUITE 201
(Street)
WEST PALM BEACH FL 33401
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Gordon Family 2007 Trust
(Last) (First) (Middle)
C/O CAMBRIDGE CAPITAL ACQUISITION CORP
525 SOUTH FLAGLER DRIVE, SUITE 201
(Street)
WEST PALM BEACH FL 33401
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. On September 6, 2015, Cambridge Capital Acquisition Corporation (the "Issuer"), Cambridge Holdco Corp. ("Holdco"), Ability Computer & Software Industries Ltd. ("Ability") and the shareholders of Ability entered into an Agreement and Plan of Reorganization (the "Merger Agreement"), pursuant to which, and subject to the terms and conditions thereof, on December 23, 2015 (the "Closing Date") the Issuer merged with and into Holdco, with Holdco surviving the merger. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, Mr. Morris disposed of 8,473 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.
2. These securities were transferred to third parties as consideration for such third parties purchasing shares of common stock of the issuer and agreeing not to seek conversion of such shares in connection with the issuer's business combination with Ability Computer & Software Industries Ltd.
3. Mr. Morris is the trustee of the Gordon Family 2007 Trust and exercises voting and dispositive power over the shares held by such entity.
4. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the Gordon Family 2007 Trust disposed of 1,043,062 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.
5. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the Warrants were assumed by Holdco in the Merger.
Remarks:
/s/ Jonathan Morris 01/19/2016
Gordon Family 2007 Trust, By: /s/ Jonathan Morris, Trustee 01/19/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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