Kingswood Acquisition Form 3 / Howard Garland ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kingswood Global Sponsor LLC

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/19/2020

3. Issuer Name and Ticker or Trading Symbol
Kingswood Acquisition Corp. [ KWAC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock	⁽¹⁾	⁽¹⁾	Class A Common Stock	2,605,000	⁽¹⁾	D⁽²⁾

1. Name and Address of Reporting Person^*

Kingswood Global Sponsor LLC

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Wilder Gary

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Massing Jonathan

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

HSQ Investments Ltd

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Nessim Michael

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Hudd David

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Garland Howard

(Last)

(First)

(Middle)

C/O KINGSWOOD ACQUISITION CORP.

17 BATTERY PLACE, ROOM 625

(Street)

NEW YORK

10004

(City)

(State)

(Zip)

Explanation of Responses:

1. The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-249437) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Persons include up to 375,000 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.

2. Kingswood Global Sponsor LLC is the record holder of the securities reported herein. Gary Wilder, Jonathan Massing, HSQ Investments Limited, Michael Nessim, Howard Garland and David Hudd are among the members of Kingswood Global Sponsor LLC and share voting and investment discretion with respect to the securities held of record by Kingswood Global Sponsor LLC. Gary Wilder, Jonathan Massing, HSQ Investments Limited, Michael Nessim, Howard Garland and David Hudd disclaim any beneficial ownership of the securities held by Kingswood Global Sponsor LLC other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Remarks:

See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer. See Exhibits 24 - Power of Attorney.

	/s/ Ana Nunez Cardenas, Attorney-in-Fact for Kingswood Global Sponsor LLC	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for Gary Wilder	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for Jonathan Massing	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for HSQ Investments Limited	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for Michael Nessim	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for David Hudd	11/19/2020
	/s/ Ana Nunez Cardenas, Attorney-in-Fact for Howard Garland	11/19/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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Kingswood Acquisition Form 3Kingswood Acquisition / Howard Garland ownership change