DDMXU DD3 Acquisition Corporation II

FORM 4 [X] 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 * Combe Jorge	2. Issuer Name and Ticker or Trading Symbol DD3 Acquisition Corp., S.A. de C.V. [ DDMX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) Chief Operating Officer
(Last)          (First)          (Middle) C/O DD3 MEX ACQUISITION CORP, PEDREGAL 24, COLONIA MOLINO DEL REY	3. Date of Earliest Transaction (MM/DD/YYYY) 3/13/2020
(Street) MEXICO CITY, O5 11040 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ 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
Ordinary Shares	3/13/2020		D		191300	D	(1)	0	I	See footnote (2)
Ordinary Shares	3/13/2020		D		430800	D	(1)	0	D

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 Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. 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 Date		7. 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	$11.5	3/13/2020		D			191300	4/12/2020	3/13/2025	Ordinary Shares	191300	(3)	0	I	See footnote (2)

Explanation of Responses:
(1)	Disposed of in exchange for ordinary shares, no par value per share ("Ordinary Shares"), of Betterware de Mexico, S.A. de C.V. ("Betterware"), on a one-for-one basis in connection with the consummation on March 13, 2020 of the business combination (the "Business Combination") of the Issuer and Betterware, pursuant to that certain Combination and Stock Purchase Agreement, dated as of August 2, 2019, as amended (the "Business Combination Agreement"), by and among the Issuer, Betterware, Campalier, S.A. de C.V., Promotora Forteza, S.A. de C.V., Strevo, S.A. de C.V., BLSM Latino America Servicios, S.A. de C.V., and, solely for the purposes set forth in Article XI of the Business Combination Agreement, DD3 Mex Acquisition Corp, S.A. de C.V. (the "Sponsor"), which, among other things, provided for the merger of the Issuer with and into Betterware (the "Merger") with Betterware surviving the Merger.
(2)	The securities are held directly by the Sponsor and indirectly by Dr. Martin M. Werner and Jorge Combe, each of whom shares voting power with respect to the Sponsor. Certain of the Issuer's other officers and directors hold economic interests in the Sponsor and pecuniary interests in certain of the securities held by the Sponsor. Each of Dr. Werner, Mr. Combe and such other officers and directors disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
(3)	The warrants to acquire ordinary shares of the Issuer were automatically converted in connection with the Business Combination into warrants to purchase Ordinary Shares. Each warrant is exercisable for one Ordinary Share at an exercise price of $11.50 per share.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Combe Jorge C/O DD3 MEX ACQUISITION CORP PEDREGAL 24, COLONIA MOLINO DEL REY MEXICO CITY, O5 11040	X		Chief Operating Officer

Signatures
/s/ Alan I. Annex, Attorney-in-Fact		3/16/2020
**Signature of Reporting Person		Date