Sec Form 13G Filing - BlueCrest Capital Management Ltd filing for North Atlantic Acquisition Corp (NAAC) - 2021-01-29

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North Atlantic Acquisition Corp

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

G66139117**

(CUSIP Number)

22 January 2021

(Date of Event which Requires Filing of this Statement)

(a)	Name of Issuer: North Atlantic Acquisition Corp

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

(a)	Name of Person Filing:

(b)	Address of Principal Business Office or, if None, Residence:

(c)	Citizenship: The Investment Manager is a company organized under the laws of Jersey, Channel Islands, operating solely out of Jersey, Channel Islands. Mr. Platt is a citizen of the United Kingdom.

(d)	Title and Class of Securities: Class A Common Stock (the “Common Shares”)

(e)	CUSIP No.: G66139117

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: N/A

Item 4.

Ownership

(a), (b)

As of January 22, 2021, each of the Investment Manager and Mr. Platt may be deemed the beneficial owner of 2,970,000 Common Shares underlying units held for the account of the Fund. This amount excludes warrants to purchase Shares (“Warrants”) underlying units of the Issuer held by the Reporting Persons, because the Reporting Persons do not have the right to acquire the Shares underlying the Warrants within 60 days. This amount equates to approximately 7.8% of the Common Shares outstanding. (The percentages used in this Schedule 13G are based upon 37,950,000 Common Shares reported to be outstanding in the Company’s Form 8-K filed on January 27, 2021).

(c)	Number of shares as to which such person has: The Investment Manager and Mr. Platt share the power to vote or direct the vote, and share the power to dispose or direct the disposition of the 2,970,000 Common Shares reported herein.

(i)

Sole power to vote or to direct the vote: 0

(ii)

Shared power to vote or to direct the vote: 2,970,000

(iii)

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

(iv)

Shared power to dispose or to direct the disposition of: 2,970,000

Item 5.

Ownership of Five Percent or Less of a Class. N/A

Item 6.

Ownership of more than Five Percent on Behalf of Another Person. See disclosure in Items 2 and 4 hereof. The Fund is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Shares covered by the Statement that may be deemed to be beneficially owned by the Reporting Persons.

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. N/A

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 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.

By:	/s/ Michael Bell

By:	/s/ Steven Pariente

Ex.		Page No.
1	Joint Filing Agreement	8
2	Power of Attorney	9