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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
TOTTENHAM ACQUISITION I LIMITED
(Name of Issuer)
Ordinary shares, par value $.0001 per share
(Title of Class of Securities)
G8959N106
(CUSIP Number)
November 19, 2019
(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 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).
Continued on following pages
Page 1 of 11 Pages
Exhibit Index: Page 10
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CUSIP No. G8959N106
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Page 2 of 11 Pages
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1
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NAMES OF REPORTING PERSONS
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BASSO SPAC FUND LLC
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|||
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||||
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
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(a)☐
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|||||
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(b)☐
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3
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SEC USE ONLY
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|||
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||||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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|||
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||||
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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|||
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||||
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6
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SHARED VOTING POWER
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312,281
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|||
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||||
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7
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SOLE DISPOSITIVE POWER
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0
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|||
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||||
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8
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SHARED DISPOSITIVE POWER
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312,281
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|||
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||||
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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312,281
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||||
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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||||
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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5.24%
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|||
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||||
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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CUSIP No. G8959N106
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Page 3 of 11 Pages
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1
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NAMES OF REPORTING PERSONS
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BASSO MANAGEMENT, LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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||||
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(a)☐
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|||||
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(b)☐
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3
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SEC USE ONLY
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||||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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|||
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||||
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6
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SHARED VOTING POWER
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312,281
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|||
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||||
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7
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SOLE DISPOSITIVE POWER
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0
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|||
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||||
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8
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SHARED DISPOSITIVE POWER
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312,281
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
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312,281
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|||
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||||
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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5.24%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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CUSIP No. G8959N106
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Page 4 of 11 Pages
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1
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NAMES OF REPORTING PERSONS
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BASSO CAPITAL MANAGEMENT, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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||||
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(a)☐
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|||||
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(b)☐
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3
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SEC USE ONLY
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||||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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|||
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||||
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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|||
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||||
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6
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SHARED VOTING POWER
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312,281
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|||
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||||
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7
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SOLE DISPOSITIVE POWER
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0
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|||
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||||
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8
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SHARED DISPOSITIVE POWER
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312,281
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|
|||
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||||
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
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312,281
|
|
|
|||
|
|
|
||||
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10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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||||
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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5.24%
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||||
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IA, PN
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||||
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CUSIP No. G8959N106
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Page 5 of 11 Pages
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1
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NAMES OF REPORTING PERSONS
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BASSO GP, LLC
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|||
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||||
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
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(a)☐
|
|||||
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(b)☐
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|||
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3
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SEC USE ONLY
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|||
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||||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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|||
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||||
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
|
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0
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|
|||
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||||
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6
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SHARED VOTING POWER
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312,281
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|
|||
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|
||||
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7
|
SOLE DISPOSITIVE POWER
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0
|
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|
|||
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|
||||
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8
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SHARED DISPOSITIVE POWER
|
|
|
||
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312,281
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|
|||
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|
||||
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
|
312,281
|
|
|
|||
|
|
|
||||
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
|
☐
|
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|
|||
|
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|
||||
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
|
5.24%
|
|
|
|||
|
|
|
||||
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO, HC
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|||
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||||
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CUSIP No. G8959N106
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Page 6 of 11 Pages
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1
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NAMES OF REPORTING PERSONS
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||
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HOWARD I. FISCHER
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|||
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||||
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
|
(a)☐
|
|||||
|
(b)☐
|
|
|
|||
|
3
|
SEC USE ONLY
|
|
|
||
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|||
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||||
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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|||
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||||
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
|
0
|
|
|
|||
|
|
|
||||
|
6
|
SHARED VOTING POWER
|
|
|
||
|
312,281
|
|
|
|||
|
|
|
||||
|
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
|
0
|
|
|
|||
|
|
|
||||
|
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
|
312,281
|
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|
|||
|
|
|
||||
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
|
312,281
|
|
|
|||
|
|
|
||||
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
|
☐
|
|
|
|||
|
|
|
||||
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
|
5.24%
|
|
|
|||
|
|
|
||||
|
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
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||
|
IN, HC
|
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|||
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||||
|
CUSIP No. G8959N106
|
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Page 7 of 11 Pages
|
| Item 1(a). |
Name of Issuer:
|
Tottenham Acquisition I Limited (the “Issuer”)
| Item 1(b). |
Address of Issuer’s Principal Executive Offices:
|
Unit B, 11F, On Hing Building, 1-9 On Hing Terrance, Central, Hong Kong
| Item 2(a). |
Name of Person Filing
|
This Statement is filed on behalf of the following persons (collectively, the “Reporting Persons”):
| i) |
Basso SPAC Fund LLC (“Basso SPAC”);
|
| ii) |
Basso Management, LLC (“Basso Management”);
|
| iii) |
Basso Capital Management, L.P. (“BCM”);
|
| iv) |
Basso GP, LLC (“Basso GP”); and
|
| v) |
Howard I. Fischer (“Mr. Fischer”).
|
This Statement relates to Shares (as defined herein) directly beneficially owned by Basso SPAC. Basso Management is the manager of Basso
SPAC. BCM serves as the investment manager of Basso SPAC. Basso GP is the general partner of BCM. Mr. Fischer is the sole portfolio manager for Basso SPAC, the Chief Executive Officer and a founding partner of BCM, and a member of each of Basso
Management and Basso GP. Accordingly, each of Basso Management, BCM, Basso GP and Mr. Fischer may be deemed to indirectly beneficially own the Shares reported herein.
| Item 2(b). |
Address of Principal Business Office or, if None, Residence:
|
The address of the principal business office of each of the Reporting Persons is 1266 East Main Street, Fourth Floor, Stamford, Connecticut
06902.
| Item 2(c). |
Citizenship:
|
Each of Basso SPAC, Basso Management, and Basso GP is a Delaware limited liability company. BCM is a Delaware limited partnership. Mr.
Fischer is a citizen of the United States.
| Item 2(d). |
Title of Class of Securities:
|
Ordinary Shares, par value $.0001 per share (the “Shares”)
| Item 2(e). |
CUSIP Number:
|
G8959N106
| 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:
|
This Item 3 is not applicable.
| Item 4. |
Ownership:
|
| Item 4(a) |
Amount Beneficially Owned:
|
As of November 21, 2019, each of the Reporting Persons may be deemed the beneficial owner of 312,281 Shares. This amount consists of (i)
182,611 Shares and (ii) 129,670 Shares underlying units (“Units”). This amount excludes warrants to purchase Shares (“Warrants”) underlying Units or held directly by the Reporting Persons, if any, because the Reporting Persons do not have the right
to acquire the Shares underlying any such Warrants within 60 days.
|
CUSIP No. G8959N106
|
|
Page 8 of 11 Pages
|
| Item 4(b) |
Percent of Class:
|
As of November 21, 2019, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.24% of Shares outstanding.
(There were 5,965,000 Shares outstanding as of November 12, 2019, according to the Issuer’s Form 10-Q, filed on November 15, 2019.)
| Item 4(c) |
Number of Shares as to which such person has:
|
|
(i) Sole power to vote or direct the vote:
|
0
|
|
(ii) Shared power to vote or direct the vote:
|
312,281
|
|
(iii) Sole power to dispose or direct the disposition of:
|
0
|
|
(iv) Shared power to dispose or direct the disposition of:
|
312,281
|
| Item 5. |
Ownership of Five Percent or Less of a Class:
|
This Item 5 is not applicable.
| Item 6. |
Ownership of More than Five Percent on Behalf of Another Person:
|
This Item 6 is 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 disclosure in Item 2 hereof.
| Item 8. |
Identification and Classification of Members of the Group:
|
This Item 8 is not applicable.
| Item 9. |
Notice of Dissolution of Group:
|
This Item 9 is 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, other than activities solely in connection with a nomination under §240.14a-11.
|
CUSIP No. G8959N106
|
|
Page 9 of 11 Pages
|
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.
| BASSO SPAC FUND LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Authorized Signatory | |||
| BASSO MANAGEMENT, LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Member | |||
| BASSO CAPITAL MANAGEMENT, L.P. | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Chief Executive Officer & Managing Partner | |||
| BASSO GP, LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Member | |||
| HOWARD I. FISCHER | |||
|
|
/s/ Howard I. Fischer | ||
November 22, 2019
|
CUSIP No. G8959N106
|
|
Page 10 of 11 Pages
|
EXHIBIT INDEX
|
Ex.
|
Page No.
|
|
| A | Joint Filing Agreement | 11 |
|
CUSIP No. G8959N106
|
|
Page 11 of 11 Pages
|
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the ordinary shares of Tottenham
Acquisition I Limited dated as November 22, 2019 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of
Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
| BASSO SPAC FUND LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Authorized Signatory | |||
| BASSO MANAGEMENT, LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Member | |||
| BASSO CAPITAL MANAGEMENT, L.P. | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Chief Executive Officer & Managing Partner | |||
| BASSO GP, LLC | |||
|
|
By:
|
/s/ Howard I. Fischer | |
| Name: Howard I. Fischer | |||
| Title: Member | |||
| HOWARD I. FISCHER | |||
|
|
/s/ Howard I. Fischer | ||
November 22, 2019