0001193125-16-711662.txt : 20160916 0001193125-16-711662.hdr.sgml : 20160916 20160916084332 ACCESSION NUMBER: 0001193125-16-711662 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160916 DATE AS OF CHANGE: 20160916 GROUP MEMBERS: ANDREW M. WEISS, PH.D. GROUP MEMBERS: BIP GP LLC GROUP MEMBERS: WAM GP LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Atlantic Alliance Partnership Corp. CENTRAL INDEX KEY: 0001630940 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88829 FILM NUMBER: 161888244 BUSINESS ADDRESS: STREET 1: 590 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-409-2434 MAIL ADDRESS: STREET 1: 590 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Weiss Asset Management LP CENTRAL INDEX KEY: 0001357550 IRS NUMBER: 611451623 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 222 BERKELEY STREET, 16TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-778-7780 MAIL ADDRESS: STREET 1: 222 BERKELEY STREET, 16TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: WEISS CAPITAL LLC DATE OF NAME CHANGE: 20060327 SC 13G/A 1 d233998dsc13ga.htm SC 13G AMENDMENT NO. 1 SC 13G Amendment No. 1

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13GA

Under the Securities Exchange Act of 1934

(Amendment No.1)*

 

 

Atlantic Alliance Partnership Corp.

(Name of Issuer)

Ordinary shares

(Title of Class of Securities)

G04897107

(CUSIP Number)

September 13, 2016

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* 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. G04897107    SCHEDULE 13GA    PAGE 2 OF 10 PAGES

 

  1.   

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

WEISS ASSET MANAGEMENT LP

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨        (B)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

1,225,100

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

1,225,100

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,225,100

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.79%

12.  

TYPE OF REPORTING PERSON*

 

IA – Investment Adviser

 


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 3 OF 10 PAGES

 

  1.   

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

BIP GP LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨        (B)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

733,562

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

733,562

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

733,562

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.06%

12.  

TYPE OF REPORTING PERSON*

 

00 – Limited Liability Company

 


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 4 OF 10 PAGES

 

  1.   

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

WAM GP LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨        (B)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

1,225,100

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

1,225,100

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,225,100

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.79%

12.  

TYPE OF REPORTING PERSON*

 

HC – Parent Holding Company/Control Person

 


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 5 OF 10 PAGES

 

  1.   

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

ANDREW M. WEISS, PH.D.

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨        (B)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

   5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

1,225,100

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

1,225,100

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,225,100

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.79%

12.  

TYPE OF REPORTING PERSON*

 

HC – Parent Holding Company/Control Person

 


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 6 OF 10 PAGES

 

ITEM 1.

 

  (a) Name of Issuer: Atlantic Alliance Partnership Corp.

 

  (b) Address of Issuer’s Principal Executive Offices:

590 Madison Avenue, New York, NY 10022

 

ITEM 2.

 

  (a) and (c): Name and Citizenship of Persons Filing:

 

  (i) BIP GP LLC, a Delaware limited liability company (“BIP GP”).

 

  (ii) Weiss Asset Management LP, a Delaware limited partnership (“Weiss Asset Management”).

 

  (ii) WAM GP LLC, a Delaware limited liability company (“WAM GP”).

 

  (iii) Andrew M. Weiss, Ph.D., a United States citizen (“Andrew Weiss”).

 

  (b): Address of Principal Business Office:

BIP GP, Weiss Asset Management, WAM GP, and Andrew Weiss have a business address of 222 Berkeley St., 16th Floor, Boston, Massachusetts 02116

 

  (d) Title of Class of Securities: Ordinary shares

 

  (e) CUSIP Number: G04897107

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:

 

(a)      [    ]    Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b)      [    ]    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)      [    ]    Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)      [    ]    Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)      [    ]    Investment Adviser registered under section 203 of the Investment Advisers Act or under the laws of any State
(f)      [    ]    Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g)      [    ]    A Parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G)
(h)      [    ]    A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)
(i)      [    ]    A Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)
(j)      [    ]    Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 7 OF 10 PAGES

 

ITEM 4. OWNERSHIP

BIP GP*

 

  (a) Amount Beneficially Owned: 733,562

 

  (b) Percent of Class: 7.06%

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote: 0

 

  (ii) shared power to vote or to direct the vote: 733,562

 

  (iii) sole power to dispose or to direct the disposition of: 0

 

  (iv) shared power to dispose or to direct the disposition of: 733,562

WEISS ASSET MANAGEMENT*

 

  (a) Amount Beneficially Owned: 1,225,100

 

  (b) Percent of Class: 11.79%

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote: 0

 

  (ii) shared power to vote or to direct the vote: 1,225,100

 

  (iii) sole power to dispose or to direct the disposition of: 0

 

  (iv) shared power to dispose or to direct the disposition of: 1,225,100

WAM GP*

 

  (a) Amount Beneficially Owned: 1,225,100

 

  (b) Percent of Class: 11.79%

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote: 0

 

  (ii) shared power to vote or to direct the vote: 1,225,100

 

  (iii) sole power to dispose or to direct the disposition of: 0

 

  (iv) shared power to dispose or to direct the disposition of: 1,225,100


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 8 OF 10 PAGES

 

ANDREW M. WEISS, PH.D.*

 

  (a) Amount Beneficially Owned: 1,225,100

 

  (b) Percent of Class: 11.79%

 

  (c) Number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote: 0

 

  (ii) shared power to vote or to direct the vote: 1,225,100

 

  (iii) sole power to dispose or to direct the disposition of: 0

 

  (iv) shared power to dispose or to direct the disposition of: 1,225,100

 

* Shares reported for BIP GP include shares beneficially owned by a private investment partnership (the “Partnership”) of which BIP GP is the sole general partner. Weiss Asset Management is the sole investment manager to the Partnership. WAM GP is the sole general partner of Weiss Asset Management. Andrew Weiss is the managing member of WAM GP and BIP GP. Shares reported for WAM GP, Andrew Weiss and Weiss Asset Management include shares beneficially owned by the Partnership (and reported above for BIP GP).

Each of BIP GP, WAM GP, Weiss Asset Management, and Andrew Weiss disclaims beneficial ownership of the shares reported herein as beneficially owned by each except to the extent of their respective pecuniary interest therein. The percent of class computations are based on 10,387,813 ordinary shares issued and outstanding as of August 3, 2016, as reported in the Form 10-Q filed with the SEC on August 3, 2016.

 

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.

 

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

Not Applicable

 

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON

See Item 4.

 

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

Not Applicable


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 9 OF 10 PAGES

 

ITEM 9. NOTICE OF DISSOLUTION OF GROUP

Not Applicable

 

ITEM 10. CERTIFICATION

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

ITEM 11. MATERIALS TO BE FILED AS EXHIBITS

 

Exhibit 1    Joint Filing Agreement

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct.

Dated: September 16, 2016

 

WEISS ASSET MANAGEMENT LP

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
BIP GP LLC

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
WAM GP LLC

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
ANDREW M. WEISS, PH.D.

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Attorney-in-Fact for Andrew Weiss**

 

** Duly authorized under Power of Attorney incorporated herein by reference to the exhibit to the Form 13G/A filed by Weiss Asset Management LP on February 13, 2015 in respect of its holding in H2 Financial Management Inc.


CUSIP NO. G04897107    SCHEDULE 13GA    PAGE 10 OF 10 PAGES

 

Exhibit 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, Weiss Asset Management LP, BIP GP LLC, WAM GP LLC, and Andrew M. Weiss, hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13G and/or 13D (including any and all amendments thereto) with respect to the Ordinary shares of Atlantic Alliance Partnership Corp., and further agree that this Joint Filing Agreement, as may be amended from time to time, shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and/or 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 3, 2016.

 

WEISS ASSET MANAGEMENT LP

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
BIP GP LLC

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
WAM GP LLC

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Chief Compliance Officer
ANDREW M. WEISS, PH.D.

By:  /s/ Georgiy Nikitin

Georgiy Nikitin, Attorney-in-Fact for Andrew Weiss**

 

** Duly authorized under Power of Attorney incorporated herein by reference to the exhibit to the Form 13G/A filed by Weiss Asset Management LP on February 13, 2015 in respect of its holding in H2 Financial Management Inc.