Sec Form 13G Filing - Sculptor Capital LP filing for Burgundy Technology Acquisition Corp (BTAQ) - 2021-02-05

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

BURGUNDY TECHNOLOGY ACQUISITION CORP.

(Name of Issuer)

Class A Ordinary Shares, par value $ 0.0001 per share

(Title of Class of Securities)

G1702T132

(CUSIP Number)

December 31, 2020

(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 the disclosures provided in a prior cover page.

The information required in 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. G1702T132  

 

  (1)   

Names of reporting persons

 

Sculptor Capital LP

  (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

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

453,629

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

453,629

  (9)  

Aggregate amount beneficially owned by each reporting person

 

453,629

(10)  

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

Percent of class represented by amount in Row (9)

 

1.28%

(12)  

Type of reporting person (see instructions)

 

IA

 


CUSIP No. G1702T132  

 

  (1)   

Names of reporting persons

 

Sculptor Capital Holding Corp.

  (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

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

453,629

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

453,629

  (9)  

Aggregate amount beneficially owned by each reporting person

 

453,629

(10)  

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

Percent of class represented by amount in Row (9)

 

1.28%

(12)  

Type of reporting person (see instructions)

 

CO

 


CUSIP No. G1702T132  

 

  (1)   

Names of reporting persons

 

Sculptor Capital Management, Inc.

  (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

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

453,629

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

453,629

  (9)  

Aggregate amount beneficially owned by each reporting person

 

453,629

(10)  

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

Percent of class represented by amount in Row (9)

 

1.28%

(12)  

Type of reporting person (see instructions)

 

CO

 


CUSIP No. G1702T132  

 

  (1)   

Names of reporting persons

 

Sculptor Master Fund, Ltd.

  (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

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

453,629

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

453,629

  (9)  

Aggregate amount beneficially owned by each reporting person

 

453,629

(10)  

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

Percent of class represented by amount in Row (9)

 

1.28%

(12)  

Type of reporting person (see instructions)

 

CO

 


CUSIP No. G1702T132  

 

  (1)   

Names of reporting persons

 

Sculptor Special Funding, LP

  (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

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with:

   (5)    

Sole voting power

 

0

   (6)   

Shared voting power

 

453,629

   (7)   

Sole dispositive power

 

0

   (8)   

Shared dispositive power

 

453,629

  (9)  

Aggregate amount beneficially owned by each reporting person

 

453,629

(10)  

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 

(11)  

Percent of class represented by amount in Row (9)

 

1.28%

(12)  

Type of reporting person (see instructions)

 

CO

 

   

Sculptor Capital LP (“Sculptor”), a Delaware limited partnership, is the principal investment manager to a number of investment funds and discretionary accounts (collectively, the “Accounts”).

 

   

Sculptor Capital Holding Corporation (“SCHC”), a Delaware corporation, serves as the general partner of Sculptor. The Ordinary Shares reported in this Schedule 13G are held in the Accounts managed by Sculptor.

 

   

Sculptor Capital Management, Inc. (“SCU”), a Delaware limited liability company, is a holding company that is the sole shareholder of SCHC.

 

   

Sculptor Master Fund, Ltd. (“SCMF”) is a Cayman Islands company.

 

   

Sculptor Special Funding, LP (“NRMD”) is a Cayman Islands exempted limited partnership.

 

   

The address of the principal business office of Sculptor, SCHC, and SCU is 9 West 57 Street, 39 Floor, New York, NY 10019.

 

   

The address of the principal business office of SCMF and NRMD is c/o State Street (Cayman) Trust, Limited, P.O. Box 896, Suite 3307, Gardenia Court, 45 Market Street, Camana Bay, Grand Cayman, Cayman Islands KY1-1103.


  SCHEDULE 13G   Page 7 of 9

Item 1(a) Name of issuer:

Burgundy Technology Acquisition Corp.

Item 1(b) Address of issuer’s principal executive offices:

PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands

2(a) Name of person filing:

Sculptor Capital LP

2(b) Address or principal business office or, if none, residence:

9 West 57th Street, New York, New York 10019

2(c) Citizenship:

Delaware

2(d) Title of class of securities:

Class A Ordinary Shares, par value $ 0.0001 per share (“Ordinary Shares”)

2(e) CUSIP No.:

G1702T132

 

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)        A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
(k)        Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ________________________________

 

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: 453,629

 

(b)

Percent of class: 1.28%


  SCHEDULE 13G   Page 8 of 9

 

(c)

Number of shares as to which the person has:

 

  (i)

Sole power to vote or to direct the vote 0.

 

  (ii)

Shared power to vote or to direct th e vote 453,629.

 

  (iii)

Sole power to dispose or to direct the disposition of 0.

 

  (iv)

Shared power to dispose or to direct the disposition of 453,629.

Sculptor serves as the principal investment manager to the Accounts and thus may be deemed to be the beneficial owner of Ordinary Shares, par value $0.0001 per share (“Ordinary Shares”) held in the Accounts managed by Sculptor. SCHC serves as the sole general partner of Sculptor. As such, SCHC may be deemed to control Sculptor and, therefore, may be deemed to be the beneficial owner of the Ordinary Shares reported in this Schedule 13G/A. SCU is the sole shareholder of SCHC, and, for purposes of this Schedule 13G/A, may be deemed to be the beneficial owner of the Ordinary Shares reported in this Schedule 13G/A.

The percentages used in this Item 4 are calculated based 35,562,500 Ordinary Shares outstanding as reported by the Issuer in Form 10-Q for the quarter ended September 30, 2020 filed November 12, 2020.

 

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following [    ].

Dissolution of a group requires a response to this item.

 

Item 6.

Ownership of More than 5 Percent on Behalf of Another Person.

See Item 4.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

N/A

 

Item 8.

Identification and Classification of Members of the Group.

See Item 4.

 

Item 9.

Notice of Dissolution of Group.

N/A

 

Item 10.

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are 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 other than activities solely in connection with a nomination under §240.14a-11.


Signatures

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.

 

Date: February 5, 2021

    Signature: /s/ Wayne Cohen
    Name: Wayne Cohen
    Title: President & Chief Operating Officer
    SCULPTOR CAPITAL LP
    By: /s/ Wayne Cohen
    Name: Wayne Cohen
    Title: President & Chief Operating Officer
    SCULPTOR CAPITAL HOLDING CORPORATION
    By: /s/ Wayne Cohen
    Name: Wayne Cohen
    Title: President & Chief Operating Officer
    SCULPTOR CAPITAL MANAGEMENT, INC.
    By: /s/ Wayne Cohen
    Name: Wayne Cohen
    Title: President & Chief Operating Officer
    SCULPTOR MASTER FUND, LTD.
    By: /s/ Wayne Cohen
    Name: Wayne Cohen
    Title: President & Chief Operating Officer
    SCULPTOR SPECIAL FUNDING, LP