Sec Form 3 Filing - Kingswood Global Sponsor LLC @ Kingswood Acquisition Corp. - 2020-11-19

FORM 3 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 Kingswood Global Sponsor LLC 2. Issuer Name and Ticker or Trading Symbol Kingswood Acquisition Corp. [ KWAC] 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) C/O KINGSWOOD ACQUISITION CORP., 17 BATTERY PLACE, ROOM 625 3. Date of Earliest Transaction (MM/DD/YY) 11/19/2020 (Street) NEW YORK, NY10004 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

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 Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 2,605,000 D ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Kingswood Global Sponsor LLC C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X Wilder Gary C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X X Executive Chairman Massing Jonathan C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X X HSQ Investments Ltd C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X Nessim Michael C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X X Hudd David C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X X Garland Howard C/O KINGSWOOD ACQUISITION CORP. 17 BATTERY PLACE, ROOM 625 NEW YORK, NY10004 X X Signatures /s/ Ana Nunez Cardenas, Attorney-in-Fact for Kingswood Global Sponsor LLC 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for Gary Wilder 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for Jonathan Massing 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for HSQ Investments Limited 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for Michael Nessim 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for David Hudd 11/19/2020 Signature of Reporting Person Date /s/ Ana Nunez Cardenas, Attorney-in-Fact for Howard Garland 11/19/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares of Class B common stock are convertible for shares of the Issuer's Class A common stock as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-249437) (the "Registration Statement") and have no expiration date. The shares of Class B common stock beneficially owned by the Reporting Persons include up to 375,000 shares of Class B common stock subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement. ( 2 )Kingswood Global Sponsor LLC is the record holder of the securities reported herein. Gary Wilder, Jonathan Massing, HSQ Investments Limited, Michael Nessim, Howard Garland and David Hudd are among the members of Kingswood Global Sponsor LLC and share voting and investment discretion with respect to the securities held of record by Kingswood Global Sponsor LLC. Gary Wilder, Jonathan Massing, HSQ Investments Limited, Michael Nessim, Howard Garland and David Hudd disclaim any beneficial ownership of the securities held by Kingswood Global Sponsor LLC other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Remarks: See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer. See Exhibits 24 - Power of Attorney.

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.