SC 13G/A

NAMES OF REPORTING PERSONS

Ten Coves Capital I, LP (f/k/a Financial Partners Fund I, L.P.)

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐ (b) ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

SC 13G/A 1 d124848dsc13ga.htm SC 13G/A SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Bill.com Holdings, Inc.

(Name of Issuer)

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

090043100

(CUSIP Number)

December 31, 2020

(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 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. 090043100

CUSIP No. 090043100

CUSIP No. 090043100

Item 1(a).

Name of Issuer:

Bill.com Holdings, Inc. (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:

1810 Embarcadero Road, Palo Alto, California 94303

Item 2(a).

Names of Persons Filing:

This statement is filed by Ten Coves Capital I, LP, f/k/a Financial Partners Fund I, L.P. (“TCC”), Ten Coves Capital I GP, LLC (“TCC GP”) and Steve Piaker (“Mr. Piaker,” and together with TCC and TCC GP, the “Reporting Persons”).

TCC is formerly known as Financial Partners Fund I, L.P.

TCC GP is formerly known as Financial Partners Fund I GP, LLC.

Item 2(b).

Address of Principal Business Office or, if None, Residence:

For each Reporting Person:

c/o Ten Coves Capital

10 Corbin Drive, Darien, CT 06820

Item 2(c).

Citizenship:

For Mr. Piaker, the United States of America. For TCC and TCC GP, Delaware.

Item 2(d).

Title of Class of Securities:

Common Stock, par value $0.00001 per share (“Common Stock”)

Item 2(e).

CUSIP Number:

090043100

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:

Not applicable.

Item 4.

Ownership.

The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G/A.

TCC and TCC GP directly hold 0 shares of Common Stock. Mr. Piaker directly holds 153,567 shares of Common Stock.

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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

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 Person.

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.

Not applicable.

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 12, 2021


TEN COVES CAPITAL I, LP

By:		/s/ Steve Piaker
Name:		Steve Piaker
Title:		Managing Partner


TEN COVES CAPITAL I GP, LLC

By:		/s/ Steve Piaker
Name:		Steve Piaker
Title:		Managing Partner

/s/ Steve Piaker

STEVE PIAKER

EXHIBIT 1

AGREEMENT

The persons below hereby agree that the Schedule 13G/A to which this agreement is attached as an exhibit, as well as all future amendments to such Schedule 13G/A, shall be filed on behalf of each of them. This agreement is intended to satisfy the requirements of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934.

Date: February 12, 2021


TEN COVES CAPITAL I, LP

By:		/s/ Steve Piaker
Name:		Steve Piaker
Title:		Managing Partner


TEN COVES CAPITAL I GP, LLC

By:		/s/ Steve Piaker
Name:		Steve Piaker
Title:		Managing Partner

/s/ Steve Piaker

STEVE PIAKER

SEC Form SC 13G/A filed