(Amendment No. )*
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Item 1(a). Name of Issuer:
Hennessy Capital Acquisition Corp. III (the “Issuer”)
Item 1(b). Address of Issuer’s Principal Executive Offices:
3485 N. Pines Way, Suite 110, Wilson, WY, 83014
Item 2(a). Name of Person Filing
This Statement is filed on behalf of each 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 managing 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:
Common Stock, $0.0001 par value (the “Shares”)
Item 2(e). CUSIP Number:
42588L105
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.
| SCHEDULE 13G |
| | | Page 8 of 11 Pages |
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
As of July 18, 2018 and the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 1,622,269 Shares. This amount consists of (i) 1,546,747 Shares, and (ii) 75,522 Shares underlying units (“Unit”). This amount excludes the warrants to purchase Shares (“Warrant”) underlying the Units and held directly by the Reporting Persons, because the Reporting Persons do not have the right to acquire the Shares underlying the Warrants within 60 days.
Item 4(b) Percent of Class:
As of July 18, 2018 and the date hereof, each of the Reporting Persons may be deemed the beneficial owner of approximately 5.1% of Shares outstanding. (There were 32,081,250 Shares outstanding as of August 10, 2018, according to the Issuer’s quarterly report on Form 10-Q, filed August 13, 2018.)
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: | 1,622,269 |
| (iii) Sole power to dispose or direct the disposition of: | 0 |
| (iv) Shared power to dispose or direct the disposition of: | 1,622,269 |
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.
| SCHEDULE 13G |
| | | 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 | |
| | | Howard I. Fischer | |
| | | Authorized Signatory | |
| | | | |
