FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PSP AGFS HOLDINGS, L.P.
2. Issuer Name and Ticker or Trading Symbol

AgroFresh Solutions, Inc. [ AGFS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

475 FIFTH AVENUE, 17TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

9/25/2020
(Street)

NEW YORK, NY 10017
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series B Convertible Preferred Stock (2) (2)9/25/2020  A   150000     (2) (2)Common Stock, par value $0.0001 per share 30000000 (3) (2)150000 I (1)(4)(5)See notes (1)(4)(5)

Explanation of Responses:
(1) This statement is being filed by the following Reporting Persons: PSP AGFS Holdings, L.P. (the "Investor"), Paine Schwartz Food Chain Fund V GP, L.P. (the "GP"), Paine Schwartz Food Chain Fund V GP, Ltd. (the "UGP"), Mr. W. Dexter Paine and Mr. Kevin M. Schwartz.
(2) The Issuer's Series B Convertible Preferred Stock, par value $0.0001 per share (the "Series B Preferred Stock") was issued in exchange for 150,000 shares of Series B-1 Convertible Preferred Stock, par value $0.0001 per share, and 150,000 shares of Series B-2 Convertible Preferred Stock, par value $0.0001 per share, that were previously issued to the Investor. Shares of Series B Preferred Stock are convertible at the option of a holder at any time into shares of common stock at an initial conversion price of $5.00 per share. The Series B Preferred Stock has no expiration date.
(3) Represents the number of shares of common stock issuable based upon the conversion of 150,000 shares of Series B Preferred Stock.
(4) The GP is the sole general partner of the Investor and the UGP is the sole general partner of the GP. As a result, each of the GP and the UGP may be deemed to beneficially own and have shared voting and dispositive power over such shares of common stock beneficially owned by the Investor. Mr. Paine and Mr. Schwartz serve as directors of the UGP and each disclaim beneficial ownership of any common stock held of record or beneficially owned by the Investor, the GP and the UGP.
(5) Each Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange of 1934, as amended (the "Exchange Act"),or for any other purpose, except to the extent of its respective pecuniary interest therein, if any. This report shall not be deemed an admission that any of the GP or UGP is a beneficial owner of the securities held by the Investor, in each case for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
PSP AGFS HOLDINGS, L.P.
475 FIFTH AVENUE, 17TH FLOOR
NEW YORK, NY 10017

X

PAINE SCHWARTZ FOOD CHAIN FUND V GP, L.P.
475 FIFTH AVENUE, 17TH FLOOR
NEW YORK, NY 10017

X

PAINE SCHWARTZ FOOD CHAIN FUND V GP, LTD.
475 FIFTH AVENUE, 17TH FLOOR
NEW YORK, NY 10017

X

PAINE W DEXTER III
475 FIFTH AVENUE, 17TH FLOOR
NEW YORK, NY 10017

X

SCHWARTZ KEVIN
475 FIFTH AVENUE, 17TH FLOOR
NEW YORK, NY 10017
XX


Signatures
PSP AGFS Holdings, L.P., By: /s/ Kevin Schwartz, Name: Kevin Schwartz, Title: Chief Executive Officer9/29/2020
**Signature of Reporting PersonDate

Paine Schwartz Food Chain Fund V GP, L.P., By: Paine Schwartz Food Chain Fund V GP, Ltd., Its: General Partner By: /s/ Kevin Schwartz Name: Kevin Schwartz, Title: Director9/29/2020
**Signature of Reporting PersonDate

Paine Schwartz Food Chain Fund V GP, Ltd., By: /s/ Kevin Schwartz, Name: Kevin Schwartz, Title: Director9/29/2020
**Signature of Reporting PersonDate

/s/ Kevin Schwartz, Name: Kevin Schwartz9/29/2020
**Signature of Reporting PersonDate

/s/ W. Dexter Paine, III, Name: W. Dexter Paine, III9/29/2020
**Signature of Reporting PersonDate

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