Sec Form 4 Filing - Wang Sing @ GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd - 2020-02-14

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Wang Sing
2. Issuer Name and Ticker or Trading Symbol
GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd [ GSMG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2039, 2/F UNITED CENTER, 95 QUEENSWAY, ADMIRALTY
3. Date of Earliest Transaction (MM/DD/YY)
02/14/2020
(Street)
HONG KONG, F4
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 02/14/2020 J( 1 ) 400,000 D 100,000 ( 2 ) D
Ordinary Shares 02/14/2020 J( 1 ) 100,000 D 0 ( 2 ) D
Ordinary Shares 5,446,000 I See footnote 2
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Wang Sing
2039, 2/F UNITED CENTER
95 QUEENSWAY, ADMIRALTY
HONG KONG, F4
X
TKK Symphony Sponsor 1
2039, 2/F UNITED CENTER
95 QUEENSWAY, ADMIRALTY
HONG KONG, F4
X
Signatures
/s/ Sing Wang 02/19/2020
Signature of Reporting Person Date
/s/ Sing Wang, as Managing Member of TKK Symphony Sponsor 1 02/19/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )In connection with the consummation of the initial business combination of the issuer, (a) 400,000 ordinary shares of the issuer were returned by the reporting person to the issuer for no consideration and cancelled and (b) 100,000 ordinary shares of the issuer were transferred by the reporting person for no consideration to a third party.
( 2 )Does not include 5,446,000 ordinary shares held by TKK Symphony Sponsor 1 (the "Sponsor"). Sing Wang, the issuer's former Chief Executive Officer and Chairman of the Board of Directors, indirectly owns 100% of the equity interest of the Sponsor and is the sole owner of China Capital Advisors Corporation, which is the sole owner of Texas Kang Kai Capital Partners. Texas Kang Kai Capital Partners owns 100% of the equity interest of TKK Capital Holding, which is the sole member of the Sponsor. As such, Mr. Wang has sole voting and dispositive power over the shares held by the Sponsor. Mr. Wang disclaims beneficial ownership over any securities owned by the Sponsor other than to the extent he may have any pecuniary interest.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.