Corbin Capital Partners, L.P. - May 4, 2022 Form 3 Insider Report for L&F Acquisition Corp. (ZFOX)

Role
10%+ Owner
Signature
Corbin Opportunity Fund, L.P., By: Corbin Capital Partners, L.P., its investment advisor, By: /s/ Daniel Friedman, as General Counsel
Stock symbol
ZFOX
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
3
Date filed
5/16/2022, 06:00 PM
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZFOX Class A Ordinary Shares, par value $0.0001 per share 495K May 4, 2022 See Footnotes F1, F2, F4
holding ZFOX Class A Ordinary Shares, par value $0.0001 per share 990K May 4, 2022 See Footnotes F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 4, 2022, the Issuer held a vote on whether to approve an extension of the date by which the Issuer has to consummate a business combination from May 23, 2022 to August 24, 2022 (the "Extension Amendment Proposal"). In connection with the vote on the Extension Amendment Proposal, holders of 13,824,311 Class A Ordinary Shares exercised their right to redeem their Class A Ordinary Shares for cash. Solely as a result of these redemptions, each of Corbin Opportunity Fund, L.P., a Delaware limited partnership ("COF"), Corbin ERISA Opportunity Fund, Ltd., a Cayman Islands exempted company ("CEOF"), Corbin Capital Partners GP, LLC, a Delaware limited liability company ("Corbin GP"), and Corbin Capital Partners, L.P., a Delaware limited partnership ("CCP" and together with COF, CEOF and Corbin GP, the "Reporting Persons") became the beneficial owner of more than 10% of the Issuer's outstanding Class A Ordinary Shares, in each case based on their pre-existing beneficial ownership.
F2 Held directly by COF. CCP is the investment advisor to COF and may be deemed to have beneficial ownership over the Class A Ordinary Shares held by COF. Corbin GP is the general partner of CCP and may be deemed to share beneficial ownership over the Class A Ordinary Shares held by COF over which CCP shares beneficial ownership.
F3 Held directly by CEOF. CCP is the investment advisor to CEOF and may be deemed to have beneficial ownership over the Class A Ordinary Shares held by CEOF. Corbin GP is the general partner of CCP and may be deemed to share beneficial ownership over the Class A Ordinary Shares held by CEOF over which CCP shares beneficial ownership.
F4 Each of the Reporting Persons disclaims beneficial ownership of all reported shares except to the extent of its pecuniary interest therein and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise.

Remarks:

Corbin GP is in the process of obtaining EDGAR filing codes. Upon obtaining such codes, the Reporting Persons will file an amendment to this Form 3 to add Corbin GP as a Reporting Person.