0001104659-17-035200.txt : 20170525 0001104659-17-035200.hdr.sgml : 20170525 20170525161020 ACCESSION NUMBER: 0001104659-17-035200 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170525 DATE AS OF CHANGE: 20170525 GROUP MEMBERS: WELLINGTON GROUP HOLDINGS LLP GROUP MEMBERS: WELLINGTON INVESTMENT ADVISORS HOLDINGS LLP GROUP MEMBERS: WELLINGTON MANAGEMENT CO LLP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CardConnect Corp. CENTRAL INDEX KEY: 0001614818 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 465380892 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88738 FILM NUMBER: 17870067 BUSINESS ADDRESS: STREET 1: 1000 CONTINENTAL DRIVE, SUITE 300 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 BUSINESS PHONE: 484-581-2200 MAIL ADDRESS: STREET 1: 1000 CONTINENTAL DRIVE, SUITE 300 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 FORMER COMPANY: FORMER CONFORMED NAME: FinTech Acquisition Corp DATE OF NAME CHANGE: 20140724 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLINGTON MANAGEMENT GROUP LLP CENTRAL INDEX KEY: 0000902219 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 042683227 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O WELLINGTON MANAGEMENT COMPANY LLP STREET 2: 280 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6179515000 MAIL ADDRESS: STREET 1: C/O WELLINGTON MANAGEMENT COMPANY LLP STREET 2: 280 CONGRESS STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: WELLINGTON MANAGEMENT CO LLP DATE OF NAME CHANGE: 19960930 FORMER COMPANY: FORMER CONFORMED NAME: WELLINGTON MANAGEMENT CO DATE OF NAME CHANGE: 19930426 SC 13D/A 1 a17-14178_1sc13da.htm SC 13D/A

 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D

 

 

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

 

CardConnect Corp.

(Name of Issuer)

 

Common Stock ($0.001 par value per share)

(Title of Class of Securities)

 

14141X108

(CUSIP Number of Class of Securities)

 

Emily D. Babalas

Wellington Management Company LLP

280 Congress Street

Boston, Massachusetts 02210

(617) 790-8221

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

May 10, 2017

(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. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b) 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. 14141X108

SCHEDULE 13D

 

 

 

1.

Name of Reporting Person:
Wellington Management Group LLP

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
OO

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Massachusetts

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
1,445,158

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
1,445,158

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,445,158

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13.

Percent of Class Represented by Amount in Row (11)
4.6%(1)

 

 

14.

Type of Reporting Person
HC

 

(1)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

2


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

 

1.

Name of Reporting Person:
Wellington Group Holdings LLP

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
OO

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
1,445,158

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
1,445,158

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,445,158

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13.

Percent of Class Represented by Amount in Row (11)
4.6%(2)

 

 

14.

Type of Reporting Person
HC

 

(2)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

3


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

 

1.

Name of Reporting Person:
Wellington Investment Advisors Holdings LLP

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
OO

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
1,445,158

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
1,445,158

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,445,158

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13.

Percent of Class Represented by Amount in Row (11)
4.6%(3)

 

 

14.

Type of Reporting Person
HC

 

(3)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

4


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

 

1.

Name of Reporting Person:
Wellington Management Company LLP

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

 o

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
OO

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
1,445,158

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
1,445,158

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,445,158

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares    o

 

 

13.

Percent of Class Represented by Amount in Row (11)
4.6%(4)

 

 

14.

Type of Reporting Person
IA

 

(4)  Based on 31,188,229 shares of common stock issued and outstanding as of May 3, 2017 plus 499,590 shares of Common Stock underlying warrants exercisable for shares of Common Stock of the Company.

 

5


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

This Amendment No. 2 (the “Amendment”) relates to the Statement of Beneficial Ownership on Schedule 13D filed jointly by Wellington Management Group LLP (“WMG”), Wellington Group Holdings LLP (“WGH”), Wellington Investment Advisors Holdings LLP (“WIAH”) and Wellington Management Company LLP (“Wellington Management”) with the Securities and Exchange Commission on April 7, 2016, as amended by Amendment No. 1 to such statement filed with the SEC on August 5, 2016 (as further amended by this Amendment, the “Schedule 13D”) (as further amended by this Amendment, the “Schedule 13D”) with respect to the Common Stock of CardConnect Corp. (f/k/a FinTech Acquisition Corp.) (the “Company”).

 

Except as set forth below, all Items of the Schedule 13D remain unchanged.  All capitalized terms not otherwise defined herein shall have the meanings given to such terms in the Schedule 13D.

 

Item 5.                                 Interest in Securities of the Issuer

 

Item 5(a), (b), (c) and (e) are hereby amended and restated as follows:

 

(a) and (b)

 

(i)                                     As of the date hereof, Wellington Management, in its capacity as investment adviser, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients. Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(ii)                                  As of the date hereof, WIAH, as the direct parent of Wellington Management, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(iii)                               As of the date hereof, WGH, as the direct parent of WIAH, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

(iv)                              As of the date hereof, WMG, as the direct parent of WGH, may be deemed to be the beneficial owner of 1,445,158 shares of Common Stock, consisting of (i) 945,568 shares of Common Stock held by the Clients and (ii) 499,590 shares of Common Stock underlying warrants held by the Clients.  Such shares represent beneficial ownership of 4.6% of the Common Stock, based on 31,188,229 shares of Common Stock issued and outstanding as of May 3, 2017.

 

6


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

Each Reporting Person has shared power to vote or direct the vote and to dispose or direct the disposition of shares of Common Stock beneficially owned by such Reporting Person as indicated herein.

 

(c)                                  No transactions were effected by the Reporting Persons during the past 60 days, other than as set forth below.  The transactions set forth below were effected in open market transactions.

 

Trade Date

 

Purchase or Sale

 

Shares

 

Price Per Share

 

3/17/2017

 

Sale

 

79,700

 

$

13.625

 

5/10/2017

 

Sale

 

49,000

 

$

13.80

 

5/23/2017

 

Sale

 

11,688

 

$

13.95

 

5/24/2017

 

Sale

 

2,600

 

$

13.94

 

 

(e)                                  Each Reporting Person ceased to be the beneficial owner of more than 5.0% of the Common Stock as of May 3, 2017, as a result of an increase in the issued and outstanding Common Stock of the Company as reported in its Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on May 10, 2017. Accordingly, following the filing of this Amendment, each Reporting Person will no longer be a reporting person with respect to this Schedule 13D.

 

7


 

CUSIP No. 14141X108

SCHEDULE 13D

 

 

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:   May 25, 2017

 

 

 

 

 

 

WELLINGTON MANAGEMENT GROUP LLP

 

 

 

 

By:

/s/ Emily Babalas

 

 

Name: Emily D. Babalas

 

 

Title: Authorized Person

 

 

 

 

 

 

 

WELLINGTON GROUP HOLDINGS LLP

 

 

 

 

By:

/s/ Emily Babalas

 

 

Name: Emily D. Babalas

 

 

Title: Authorized Person

 

 

 

 

 

 

 

WELLINGTON INVESTMENT ADVISORS HOLDINGS LLP

 

 

 

 

By:

/s/ Emily Babalas

 

 

Name: Emily D. Babalas

 

 

Title: Authorized Person

 

 

 

 

 

 

 

WELLINGTON MANAGEMENT COMPANY LLP

 

 

 

 

By:

/s/ Emily Babalas

 

 

Name: Emily D. Babalas

 

 

Title: Authorized Person

 

8