Owl Creek Amends XBP Europe Holdings Stake

TL;DR

**Owl Creek Asset Management updated their XBP Europe Holdings stake, signaling a change in their position.**

AI Summary

Owl Creek Asset Management, L.P. filed an amended SC 13G/A on February 5, 2024, indicating a change in their beneficial ownership of XBP Europe Holdings, Inc. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, shows that Owl Creek Asset Management, L.P. is part of a group, and the specific details of their current ownership, including the number of shares and voting power, would be found in the full filing's subsequent pages. This matters to investors because significant changes in institutional ownership can signal confidence or concern in the company's future performance, potentially influencing stock price.

Why It Matters

Changes in institutional ownership can impact investor sentiment and stock price, as large funds often conduct extensive due diligence before investing or divesting.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate a high risk event.

Analyst Insight

Investors should review the full filing to understand the specific changes in Owl Creek Asset Management's beneficial ownership, including the number of shares and voting power, to assess potential implications for XBP Europe Holdings, Inc. stock.

Key Players & Entities

• Owl Creek Asset Management, L.P. (company) — the reporting person filing the SC 13G/A
• XBP Europe Holdings, Inc. (company) — the issuer whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 5, 2024 (date) — the filing date of the SC 13G/A
• Delaware (company) — place of organization for Owl Creek Asset Management, L.P.

Forward-Looking Statements

• The market will react neutrally to this routine ownership update. (XBP Europe Holdings, Inc.) — medium confidence, target: 2024-02-06

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securitie

Filing Documents

• p24-0544sc13ga.htm (SC 13G/A) — 57KB
• 0000902664-24-001033.txt ( ) — 58KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is XBP Europe Holdings, Inc. (f/k/a CF Acquisition Corp. VIII) (the " Issuer ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Issuer's principal executive offices are located at 2701 East Grauwyler Road, Irving, TX 75061.

(a)

Item 2(a). NAME OF PERSON FILING: (i) Owl Creek Asset Management, L.P., a Delaware limited partnership and the investment manager of Owl Creek Credit Opportunities Master Fund, Ltd. (the " Owl Creek Fund "), with respect to the shares of Common Stock that were owned by the Owl Creek Fund and (ii) Jeffrey A. Altman (" Mr. Altman "), as managing member of the general partner of Owl Creek Asset Management, L.P., with respect to the shares of Class A Common Stock that were owned by the Owl Creek Fund. The foregoing persons are hereinafter sometimes collectively referred to as the " Reporting Persons ."

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is 640 Fifth Avenue, 20th Floor, New York, NY 10019.

(c)

Item 2(c). CITIZENSHIP: Owl Creek Asset Management, L.P. is a limited partnership organized under the laws of the State of Delaware. Mr. Altman is a United States citizen.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Common stock, par value $0.0001 per share (the " Common Stock ").

(e)

Item 2(e). CUSIP NUMBER: 98400V101 CUSIP No. 98400V101 13G/A Page 5 of 7 Pages 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: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) ¨ Employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) ¨ Parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) ¨ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) ¨ Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person. Item 5. 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: ý CUSIP No. 98400V101 13G/A Page 6 of 7 Pages Item 6.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: February 5, 2024 /s/ Jeffrey A. Altman Jeffrey A. Altman, individually and as managing member of the general partner of Owl Creek Asset Management, L.P.

View Full Filing

View this SC 13G/A filing on SEC EDGAR