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    SEC Form SC 13G/A filed by Arena Fortify Acquisition Corp. (Amendment)

    2/14/23 7:49:42 AM ET
    $AFAC
    Other Pharmaceuticals
    Miscellaneous
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    SC 13G/A 1 ff0001721003_13ga-arenacorbi.htm

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549
    SCHEDULE 13G
    Under the Securities Exchange Act of 1934
    (Amendment No. 1)*
    Arena Fortify Acquisition Corp.
    (Name of Issuer)
    Class A Common Stock, par value $0.0001 per share
    (Title of Class of Securities)
    04005A203
    (CUSIP Number)

    December 31, 2022**
    (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 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).

    ** Reflects the CUSIP number for the Issuer’s Units, each consisting of one share of Class A common stock, par value $0.0001 per share (“Common Stock”) and one-half of one redeemable warrant (the “Units”).







    CUSIP No. 04005A203
                                   13G


    1
    NAMES OF REPORTING PERSONS
     
     
     
    Corbin ERISA Opportunity Fund, Ltd.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
     
    Cayman Islands
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
     0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
     0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
     
    0
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
     
    0%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
     
    OO
     
     
     
     






    CUSIP No. 04005A203
                                   13G


    1
    NAMES OF REPORTING PERSONS
     
     
     
    Corbin Capital Partners, L.P.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
     0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
     0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
     
    0
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
     
    0%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
     
    PN
     
     
     
     






    CUSIP No. 04005A203
                                   13G


    1
    NAMES OF REPORTING PERSONS
     
     
     
    Corbin Capital Partners GP, LLC
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
       
    (a)☐
       
    (b)☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
     
     
     0
     
     
     
     
    6
    SHARED VOTING POWER
     
     
     
    0
     
     
     
     
    7
    SOLE DISPOSITIVE POWER
     
     
     0
     
     
     
     
    8
    SHARED DISPOSITIVE POWER
     
     
     
    0
     
     
     
     
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
     
    0
     
     
     
     
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     
    ☐
     
     
     
     
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
     
     
    0%
     
     
     
     
    12
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
     
    OO
     
     
     
     








    Item 1. (a)
    Name of Issuer
       
    Arena Fortify Acquisition Corp.
       
    Item 1. (b)
    Address of Issuer’s Principal Executive Offices
       
    405 Lexington Avenue, 59th Floor, New York, New York 10174
       
    Item 2. (a)
    Name of Person Filing
       
    This Amendment No. 1 to Schedule 13G is filed on behalf of the following persons (collectively, the “Reporting Persons”):
       
    (i)
    Corbin ERISA Opportunity Fund, Ltd.;
    (ii)
    Corbin Capital Partners, L.P.; and
    (iii)
    Corbin Capital Partners GP, LLC
       
    Item 2. (b)
    Address of Principal Business Office or, if None, Residence
       
    The address of the principal business office of each of Corbin ERISA Opportunity Fund, Ltd., Corbin Capital Partners, L.P., and Corbin Capital Partners GP, LLC is 590 Madison Avenue, 31st Floor, New York, NY 10022.
       
    Item 2. (c)
    Citizenship
       
    Corbin Capital Partners, L.P. is a Delaware limited partnership. Corbin ERISA Opportunity Fund, Ltd. is a Cayman Islands exempted company. Corbin Capital Partners GP, LLC is a Delaware limited liability company.
     
    Item 2. (d)
    Title of Class of Securities
       
    Class A Common Stock, par value $0.0001 per share (the “Shares”).
       
    Item 2. (e)
    CUSIP Number
       
    04005A203
     
       
    Item 3.
    If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
       
    Not applicable
       
    Item 4(a)
    Amount Beneficially Owned:

     
    (a)
    Amount beneficially owned:
         
       
    Corbin ERISA Opportunity Fund, Ltd. - 0
       
    Corbin Capital Partners, L.P. - 0
       
    Corbin Capital Partners GP, LLC - 0






     
     
    (b)
     
    Percent of class:
       
     
    Corbin ERISA Opportunity Fund, Ltd. - 0%
       
    Corbin Capital Partners, L.P. - 0%
       
    Corbin Capital Partners GP, LLC - 0%
         
     
    (c)
    Number of shares as to which the person has:
         
       
    (i)
    Sole power to vote or to direct the vote:
     
             
         
    Corbin ERISA Opportunity Fund, Ltd. - 0
         
    Corbin Capital Partners, L.P. - 0
         
    Corbin Capital Partners GP, LLC - 0
     
             
       
    (ii)
    Shared power to vote or to direct the vote:
     
             
         
    Corbin ERISA Opportunity Fund, Ltd. - 0
         
    Corbin Capital Partners, L.P. - 0
         
    Corbin Capital Partners GP, LLC - 0
     
             
       
    (iii)
    Sole power to dispose or to direct the disposition of:
     
             
         
    Corbin ERISA Opportunity Fund, Ltd. - 0
         
    Corbin Capital Partners, L.P. - 0
         
    Corbin Capital Partners GP, LLC - 0
     
             
       
    (iv)
    Shared power to dispose or to direct the disposition of:
     
             
         
    Corbin ERISA Opportunity Fund, Ltd. - 0
         
    Corbin Capital Partners, L.P. - 0
         
    Corbin Capital Partners GP, LLC - 0

    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
       
    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
       
    Each Reporting Person hereby makes the following certification:

    By signing below the Reporting Person certifies that, to the best of 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.
       







    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated:  February 14, 2023
     

     
    Corbin ERISA Opportunity Fund, Ltd.
     
     
     
    By:
    Its:
    Corbin Capital Partners, L.P.
    Investment Manager
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    General Counsel
     

     
     
    Corbin Capital Partners L.P.
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    General Counsel
     

           
     
    Corbin Capital Partners GP, LLC
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    Authorized Signatory
     

       



    JOINT FILING AGREEMENT

    The undersigned hereby agree that this Amendment No. 1 to Schedule 13G with respect to the Class A Common Stock, par value $0.0001 of Arena Fortify Acquisition Corp. is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
     
    Dated:  February 14, 2023



     
    Corbin ERISA Opportunity Fund, Ltd.
     
     
     
    By:
    Its:
    Corbin Capital Partners, L.P.
    Investment Manager
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    General Counsel
     

     
     
    Corbin Capital Partners L.P.
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    General Counsel
     

           
     
    Corbin Capital Partners GP, LLC
     
     
     
    By:
     /s/ Daniel Friedman
     
     
    Name:
    Daniel Friedman
     
     
    Title:
    Authorized Signatory
     

       



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