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XBP Europe Holdings | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-CFAC Holdings VIII, LLC(21.1%),Cantor Fitzgerald, L.P.(21.1%), etc.

SEC announcement ·  Mar 14 16:37
Summary by Moomoo AI
XBP Europe Holdings, Inc. has filed an amendment to its Schedule 13D with the Securities and Exchange Commission (SEC), reporting a change in ownership by CFAC Holdings VIII, LLC, Cantor Fitzgerald, L.P., CF Group Management, Inc., and Howard W. Lutnick. The amendment, dated March 12, 2024, indicates a decrease in the number of shares owned by CFAC due to the sale of 100,676 shares at an average price of $11.43 on December 14, 2023, and a donation of 537,500 shares to a non-profit organization. The transactions were authorized by the Issuer's Audit Committee and Board of Directors under Rule 16b-3. The Reporting Persons now collectively own 6,449,404 shares, representing 21.1% of the company, based on 30,166,102 shares outstanding as of February 7, 2024. The filing also details the control structure, with...Show More
XBP Europe Holdings, Inc. has filed an amendment to its Schedule 13D with the Securities and Exchange Commission (SEC), reporting a change in ownership by CFAC Holdings VIII, LLC, Cantor Fitzgerald, L.P., CF Group Management, Inc., and Howard W. Lutnick. The amendment, dated March 12, 2024, indicates a decrease in the number of shares owned by CFAC due to the sale of 100,676 shares at an average price of $11.43 on December 14, 2023, and a donation of 537,500 shares to a non-profit organization. The transactions were authorized by the Issuer's Audit Committee and Board of Directors under Rule 16b-3. The Reporting Persons now collectively own 6,449,404 shares, representing 21.1% of the company, based on 30,166,102 shares outstanding as of February 7, 2024. The filing also details the control structure, with CFAC controlled by Cantor, which in turn is controlled by CFGM, with Mr. Lutnick as the Chairman and CEO of CFGM and trustee of its sole stockholder, thus potentially deeming them to have beneficial ownership of the reported securities. Each party has disclaimed ownership except to the extent of any direct or indirect pecuniary interest.

This announcement is a separate document:

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