UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON,D.C.20549
SCHEDULE 13G (Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
ss.240.13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO ss.240.13D-2
(AMENDMENT NO.___ )*
Pacific Special Acquisition Corp.
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(Name of Issuer)
ORDINARY SHARES, NO PAR VALUE
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(Title of Class of Securities)
G68588139
(CUSIP Number)
OCTOBER 15, 2015
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. G68588139 13G
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1 NAMES OF REPORTING PERSONS
Woodland Partners
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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Number of
Shares 5 SOLE VOTING POWER
Beneficially 300,000 shares
Owned By ----- -----------------------------------------
Each 6 SHARED VOTING POWER
Reporting 0 shares
Person ----- -----------------------------------------
With 7 SOLE DISPOSITIVE POWER
300,000 shares
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8 SHARED DISPOSITIVE POWER
0 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300,000 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.5%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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Page 2 of 11
CUSIP No. G68588139 13G
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1 NAMES OF REPORTING PERSONS
Barry Rubenstein
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------- ----- -----------------------------------------
Number of
Shares 5 SOLE VOTING POWER
Beneficially 42,000 shares
Owned By ----- -----------------------------------------
Each 6 SHARED VOTING POWER
Reporting 350,000 shares
Person ----- -----------------------------------------
With 7 SOLE DISPOSITIVE POWER
42,000 shares
----- -----------------------------------------
8 SHARED DISPOSITIVE POWER
350,000 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
392,000 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.8%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Page 3 of 11
CUSIP No. G68588139 13G
1 NAMES OF REPORTING PERSONS
Marilyn Rubenstein
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------------------- ----- -----------------------------------------
Number of
Shares 5 SOLE VOTING POWER
Beneficially 0 shares
Owned By ----- -----------------------------------------
Each 6 SHARED VOTING POWER
Reporting 350,000 shares
Person ----- -----------------------------------------
With 7 SOLE DISPOSITIVE POWER
0 shares
----- -----------------------------------------
8 SHARED DISPOSITIVE POWER
350,000 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,000 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.2%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Page 4 of 11
ITEM 1.
(a) Name of Issuer:
Pacific Special Acquisition Corp.
(b) Address of Issuer's Principal Executive Offices:
c/o 855 Pudong South Road
The World Plaza, 27th Floor
Pudong, Shanghai, China 200120
86-21-61376584
ITEM 2.
1. (a) Name of Person Filing: Woodland Partners
(b) Address of Principal Business
Office, or, if None, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Place of Organization: New York
(d) Title of Class of Securities:
Ordinary Shares, no par value
(e) CUSIP Number: G68588139
2. (a) Name of Person Filing: Barry Rubenstein
(b) Address of Principal Business
Office, or, if None, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: United States
(d) Title of Class of Securities:
Ordinary Shares, no par value
(e) CUSIP Number: G68588139
3. (a) Name of Person Filing: Marilyn Rubenstein
(b) Address of Principal Business
Office, or, if None, Residence:
68 Wheatley Road
Brookville, New York 11545
(c) Citizenship: United States
(d) Title of Class of Securities:
Ordinary Shares, no par value
(e) CUSIP Number: G68588139
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ITEM 3. If this statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b)
or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C.78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in accordance with
ss.240.13d-1(b)(1)(ii)(F).
(g) [ ] A parent holding company or control person in accordance with
ss.240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3).
(j) [ ] A non-U.S. institution in accordance with
ss.240.13d-(b)(1)(ii)(J).
(k) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(K).
If filing is a non-U.S. institution in accordance with
ss.240.13d-(b)(1)(ii)(J) please specify the type of institution.
Page 6 of 11
ITEM 4. OWNERSHIP.
The reporting persons purchased units (the "Units"). Each Unit
consists of one Ordinary Share, no par value per share ("Ordinary Shares"), one
right (the "Right"), and one redeemable warrant (the "Warrant"). Each Right
entitles the holder to receive one-tenth (1/10) of an Ordinary Share upon
consummation of an initial business combination. Each Warrant entitles the
holder to purchase one-half of an Ordinary Share at a price of $12.00, subject
to adjustment. Each Warrant will become exercisable upon the later to occur of
(i) the completion of an initial business combination and (ii) twelve months
from the closing of the offering.
The percentages of beneficial ownership shown below are based on
6,727,500(includes the forfeiture of 187,500 Ordinary Shares to the extent that
the underwriters do not exercise their over-allotment option and includes the
sale of 477,500 private units) Ordinary Shares outstanding as reported in the
Issuer's Prospectus, dated October 14, 2015.
1. Woodland Partners:
(a) Amount beneficially owned: 300,000 (1,2,3) shares
(b) Percent of class: 4.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 300,000 (1,2,3)
shares.
(ii) Shared power to vote or to direct the vote: 0 shares.
(iii) Sole power to dispose or to direct the disposition of:
300,000 (1,2,3) shares.
(iv) Shared power to dispose or to direct the disposition of:
0 shares.
(1) Includes 300,000 Ordinary Shares held by Woodland Partners.
(2) Does not include 150,000 Ordinary Shares issuable upon the exercise of the
Warrants held by Woodland Partners.
(3) Does not include 30,000 Ordinary Shares issuable upon the consummation of
an initial business combination to Woodland Partners.
Page 7 of 11
2. Barry Rubenstein:
(a) Amount beneficially owned: 392,000 (1,2,3,4,5,6,7,8,9,10) shares.
Barry Rubenstein is a general partner of Woodland Partners. Mr.
Rubenstein is the husband of Marilyn Rubenstein.
(b) Percent of class: 5.8%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 42,000 (4,5,6)
shares.
(ii) Shared power to vote or to direct the vote: 350,000
(1,2,3,7,8,9,10) shares.
(iii) Sole power to dispose or to direct the disposition of:
42,000 (4,5,6) shares.
(iv) Shared power to dispose or to direct the disposition of:
350,000 (1,2,3,7,8,9,10) shares.
3. Marilyn Rubenstein:
(a) Amount beneficially owned: 350,000 (1,2,3,7,8,9,10) shares.
Marilyn Rubenstein is a general partner of Woodland Partners.
Marilyn Rubenstein is the wife of Barry Rubenstein.
(b) Percent of class: 5.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0 shares.
(ii) Shared power to vote or to direct the vote: 350,000
(1,2,3,7,8,9,10) shares.
(iii) Sole power to dispose or to direct the disposition of:
0 shares.
(iv) Shared power to dispose or to direct the disposition of:
350,000 (1,2,3,7,8,9,10) shares.
A joint Filing Agreement is attached hereto as Exhibit A.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following. [_]
INSTRUCTION: Dissolution of a group requires a response to this item.
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(4) Includes 42,000 Ordinary Shares held by the Barry Rubenstein Rollover IRA
account.
(5) Does not include 21,000 Ordinary Shares issuable upon the exercise of the
Warrants held by the Barry Rubenstein Rollover IRA account.
(6) Does not include 4,200 Ordinary Shares issuable upon the consummation of an
initial business combination to the Barry Rubenstein Rollover IRA account.
(7) Includes 50,000 Ordinary Shares held in a joint account by Barry Rubenstein
and Marilyn Rubenstein.
(8) Does not include 25,000 Ordinary Shares issuable upon the exercise of the
Warrants held in a joint account by Barry Rubenstein and Marilyn Rubenstein.
(9) Does not include 5,000 Ordinary Shares issuable upon the consummation of an
initial business combination to a joint account of Barry Rubenstein and Marilyn
Rubenstein.
(10) The reporting person disclaims beneficial ownership of these securities
except to the extent of his/her equity interest therein.
Page 8 of 11
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control
Persons.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below each party certifies that, to the best of his/her/its
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.
Page 9 of 11
SIGNATURE
After reasonable inquiry and to the best of their knowledge and
belief, each of the undersigned hereby certifies that the information set forth
in this statement is true, complete and correct.
Dated: October 21, 2015
WOODLAND PARTNERS
By: /s/ Barry Rubenstein
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Barry Rubenstein, a General Partner
/s/ Barry Rubenstein
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Barry Rubenstein
/s/ Marilyn Rubenstein
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Marilyn Rubenstein
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001)
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