0000899243-18-005541.txt : 20180226
0000899243-18-005541.hdr.sgml : 20180226
20180226192106
ACCESSION NUMBER: 0000899243-18-005541
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180222
FILED AS OF DATE: 20180226
DATE AS OF CHANGE: 20180226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Forum Investors I, LLC
CENTRAL INDEX KEY: 0001702369
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38053
FILM NUMBER: 18642392
BUSINESS ADDRESS:
STREET 1: 135 EAST 57TH STREET 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2127397860
MAIL ADDRESS:
STREET 1: 135 EAST 57TH STREET 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ConvergeOne Holdings, Inc.
CENTRAL INDEX KEY: 0001697152
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 814619427
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 135 EAST 57TH STREET, 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2127397860
MAIL ADDRESS:
STREET 1: 135 EAST 57TH STREET, 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: Forum Merger Corp
DATE OF NAME CHANGE: 20170203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-02-22
1
0001697152
ConvergeOne Holdings, Inc.
CVON
0001702369
Forum Investors I, LLC
135 EAST 57TH STREET 8TH FLOOR
NEW YORK
NY
10022
0
0
0
1
Former 10% Owner
Class A Common Stock
2018-02-22
4
C
0
3234375
0.00
A
3856875
D
Class A Common Stock
2018-02-22
4
C
0
62250
0.00
A
3919125
D
Class A Common Stock
2018-02-22
4
J
0
3919125
0.00
D
0
D
Class F Common Stock
2018-02-22
4
J
0
1078125
D
Class A Common Stock
1078125
3234375
D
Class F Common Stock
2018-02-22
4
C
0
3234375
D
Class A Common Stock
3234375
0
D
The Class F Common Stock owned by the reporting person automatically converted into an aggregate of 3,234,375 shares of Class A Common Stock upon the closing of that business combination (the "Business Combination") pursuant to that certain Agreement and Plan of Merger, dated as of November 30, 2017 (the "Merger Agreement"), by and among the registrant, FMC Merger Subsidiary Corp., FMC Merger Subsidiary LLC, Old C1 and Clearlake Capital Management III, L.P. in the capacity as the Seller Representative.
Represents shares of Class A Common Stock received by the reporting person upon the automatic conversion of rights upon the consummation of the Business Combination.
Represents the pro rata distribution of the shares of common stock and warrants of the registrant held by Forum Investors I, LLC to all of the members of the reporting person or their permitted transferees.
Stephen A, Vogel, Marshall Kiev, and David Boris, the registrant's former executive officers and directors, are the sole members of Forum Capital Management, LLC, the managing member of the reporting person. Forum Capital Management, LLC has the sole voting and dispositive power of the securities held by the reporting person. Each member of Forum Capital Management, LLC has one vote, and the approval of two of the three members is required to approve action of the reporting person.
Under the so-called "rule of three", if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and a voting or dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Therefore, no individual member of the managing member of the reporting person exercises voting or dispositive control over any of the securities held by the reporting person, even those in which he directly holds a pecuniary interest. Accordingly, none of them are deemed to have or share beneficial ownership of such shares.
To facilitate the Business Combination the reporting person agreed to cancel these shares of Class F Common Stock in connection with the consummation of the Business Combination.
After the Business Combination closed on February 22, 2018, the reporting person ceased being a 10% Owner.
/s/ David Boris, Authorized Person
2018-02-26