0001671161-18-000004.txt : 20180221 0001671161-18-000004.hdr.sgml : 20180221 20180221113019 ACCESSION NUMBER: 0001671161-18-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180221 DATE AS OF CHANGE: 20180221 GROUP MEMBERS: CFIC (US) INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: City Financial Investment Co Ltd CENTRAL INDEX KEY: 0001671161 IRS NUMBER: 465485369 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90397 FILM NUMBER: 18627467 BUSINESS ADDRESS: STREET 1: 62 STREET 2: QUEEN STREET CITY: LONDON STATE: X0 ZIP: EC4R 1EB BUSINESS PHONE: 44 207 451 9600 MAIL ADDRESS: STREET 1: 62 STREET 2: QUEEN STREET CITY: LONDON STATE: X0 ZIP: EC4R 1EB FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: City Financial Investment Co Ltd CENTRAL INDEX KEY: 0001671161 IRS NUMBER: 465485369 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 62 STREET 2: QUEEN STREET CITY: LONDON STATE: X0 ZIP: EC4R 1EB BUSINESS PHONE: 44 207 451 9600 MAIL ADDRESS: STREET 1: 62 STREET 2: QUEEN STREET CITY: LONDON STATE: X0 ZIP: EC4R 1EB SC 13G 1 cfi219180sc13g-directedit.htm CFIC13GQ42017

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
  
SCHEDULE 13G
  
Under the Securities Exchange Act of 1934
(Amendment No.         N/A        )*
 
Electrum Special Acquisition Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
G3105C104 **
(CUSIP Number)
 
David Watkinson - City Financial Investment Company Limited, 62 Queen Street, London, EC4R 1EB, United
Kingdom – Tel: +44 (0)207 451 9600electrum
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
12 September 2017
(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)
  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.
   
** These Ordinary Shares have no CUSIP number.  The CINS number for these Ordinary Shares is G3105C104
   
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. G3105C104
 
13G
 
Page 2 of 6 Pages
 
 
 
 
 
         
1.
 
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

City Financial Investment Company Limited
(No SS or IRS Identification Number)
 
 
2.
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ☐
(b)    ☒
 
 
3.
 
SEC USE ONLY
 
 
 
4.
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United Kingdom
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
0
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0
9.
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

0
 
 
10.
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ☐
   
 
 
11.
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%
 
 
12.
 
TYPE OF REPORTING PERSON (see instructions)

HC
 
 
 

CUSIP No. G3105C104
 
13G
 
Page 3 of 6 Pages
 
 
 
 
 
         
1.
 
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

CFIC (US) INC
46-5485369
 
 
2.
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(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
 
1,250,000
6.
SHARED VOTING POWER
 
0
7.
SOLE DISPOSITIVE POWER
 
1,250,000
8.
SHARED DISPOSITIVE POWER
 
0
9.
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,250,000
 
 
10.
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    ☐
     
 
 
11.
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.00%
 
 
12.
 
TYPE OF REPORTING PERSON (see instructions)

IA
 
 
 

CUSIP No. G3105C104
 
13G
 
Page 4 of 6 Pages
 
 
 
 
 
         
Item 1.
 
 
(a)
Name of Issuer
Electrum Special Acquisition Corporation
 
   
 
(b)
Address of Issuer’s Principal Executive Offices
C/O Electrum Group LLC,
535 Madison Avenue, 11th Floor
New York, NY 10022
    
Item 2.
 
 
(a)
Name of Person Filing
City Financial Investment Company Limited
 
   
 
(b)
Address of the Principal Office or, if none, residence
62 Queen Street, London, EC4R 1EB
 
   
 
(c)
Citizenship
Organised under the laws of England and Wales
 
   
 
(d)
Title of Class of Securities
Common
 
   
 
(e)
CUSIP Number
G3105C104
 
 
Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), 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)
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
     
 
(f)
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
     
 
(g)
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
     
 
(h)
A savings associations 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 §240.13d-1(b)(1)(ii)(J).
 

CUSIP No. G3105C104
 
13G
 
Page 5 of 6 Pages
 
 
 
 
 
         
Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
         
 
(a)
 
Amount beneficially owned:  1,250,000
 
       
 
(b)
 
Percent of class:  5.00%
 
       
 
(c)
 
Number of shares as to which the person has:
 
       
 
 
 
(i)
Sole power to vote or to direct the vote  1,250,000.
 
       
 
 
 
(ii)
Shared power to vote or to direct the vote  0.
 
       
 
 
 
(iii)
Sole power to dispose or to direct the disposition of  1,250,000.
 
       
 
 
 
(iv)
Shared power to dispose or to direct the disposition of  0.
 
 
Item 5.  Ownership of Five Percent or Less of a Class.
 
Not applicable
 
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.
 
 CFIC (US) INC  -  (Investment Advisor)
 
Item 8.  Identification and Classification of Members of the Group.
 
 Not applicable
 
Item 9.  Notice of Dissolution of Group.
 
 Not applicable
 
Item 10.  Certification.
         
 
(a)
 
The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
 
       
 
 
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.
 
 

CUSIP No. G3105C104
 
13G
 
Page 6 of 6 Pages
 
 
 
 
 
         
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.
  
 
  02/14/2018
 
Date
   
 
/s/ Ben Ellenbogen
   
 
Ben Ellenbogen
    
Chief Compliance Officer