Amended Statement of Ownership (sc 13g/a)
November 10 2020 - 1:45PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
__________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Property
Solutions Acquisition Corp.
(Name of Issuer)
(Title of Class of Securities)
(CUSIP Number)
(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)
☐ 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 disclosures provided in
a prior cover page.
The
information required on 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).
This
amended Schedule 13G is being filed on behalf of Karpus Investment Management for the sole purpose of reporting shares inadvertantly
excluded from the original filing, filed with the Securities and Exchange Commission on October 9, 2020.
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CUSIP
No. 74348Q108, 74348Q207
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13G
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Page
2 of 5 Pages
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1.
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NAME
OF REPORTING PERSON(S)
Karpus
Investment Management
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2.
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
☐
(b)
☒
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3.
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SEC
USE ONLY
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4.
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CITIZENSHIP
OR PLACE OF ORGANIZATION
New
York
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NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5.
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SOLE
VOTING POWER
3,451,598 Shares
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6.
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SHARED
VOTING POWER
0
Shares
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7.
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SOLE
DISPOSITIVE POWER
3,536,598 Shares
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8.
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SHARED
DISPOSITIVE POWER
0
Shares
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9.
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,536,598 Shares
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10.
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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☐
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11.
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.29%
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12.
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TYPE
OF REPORTING PERSON
IA
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CUSIP
No. 74348Q108, 74348Q207
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13G
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Page
3 of 5 Pages
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Item 1(a).
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Name of Issuer:
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Property
Solutions Acquisition Corp.
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Item 1(b).
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Address of Issuer's Principal Executive Offices:
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654
Madison Ave., New York, New York 10065
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Item 2(a).
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Name of Person Filing:
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This
statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management (“Karpus” or the “Reporting
Person”). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is
controlled by City of London Investment Group plc (“CLIG”), which is listed on the London Stock Exchange. However,
in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between
Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG,
and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG.
The
Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
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Item 2(b).
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Address of Principal Business Office or, if None, Residence:
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183
Sully's Trail, Pittsford, New York 14534.
The members of the Karpus Management Committee
are US citizens. Karpus is a New York corporation.
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Item 2(d).
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Title of Class of Securities:
Common Stock
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