CFV CF Acquisition Corp V

Filed: 8 Jul 21, 4:04pm



Washington, D.C. 20549








Date of Report (Date of earliest event reported): July 8, 2021 (July 5, 2021)



(Exact name of registrant as specified in its charter)


Delaware 001-39953 85-1030340
(State or other jurisdiction
of incorporation)
File Number)
 (IRS Employer
Identification No.)


110 East 59th Street, New York, NY 10022

(Address of principal executive offices, including zip code)


Registrant’s telephone number, including area code: (212) 938-5000


Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class Trading Symbol(s) Name of each exchange on
which registered
Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant CFFVU The Nasdaq Stock Market LLC
Class A common stock, par value $0.0001 per share CFV The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share CFFVW The Nasdaq Stock Market LLC


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company  ☑


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐






Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Effective July 8, 2021, the board of directors (the “Board”) of CF Acquisition Corp. V (the “Company”) appointed Jane Novak as interim Chief Financial Officer of the Company. Additionally, the Board elected Steven Bisgay as a director and as a member of the audit committee of the Board (the “Audit Committee”). Ms. Novak replaced Alice Chan as Chief Financial Officer and Mr. Bisgay replaced Ms. Chan as a member of the Board and as a member of the Audit Committee. Ms. Chan resigned as Chief Financial Officer, director and member of the Audit Committee on July 5, 2021 in order to pursue other endeavors. Ms. Chan’s resignation did not result from any disagreement with the Company concerning any matter relating to the Company’s operations, policies or practices.


Ms. Novak, age 56, joined Cantor Fitzgerald, L.P. (“Cantor”) in October 2017 and since then, has served as Cantor’s Global Head of Accounting Policy. In this role, Ms. Novak provides guidance to Cantor and its affiliates on complex accounting matters, including, among other things, compliance with US GAAP, IFRS, and SEC pronouncements, establishing formal accounting policies, reviewing SEC filings, leading new accounting standards implementation and monitoring standard-setting activities. Prior to joining Cantor, Ms. Novak worked for a number of financial services institutions over the prior 20 years, holding accounting policy, financial reporting and SEC reporting positions of progressive responsibility. Ms. Novak began her career in the audit practice at Deloitte’s New York office, serving financial services clients. Ms. Novak graduated summa cum laude from Brooklyn College, CUNY, with a B.S. in Accounting. Ms. Novak holds an active CPA license from the State of New York and is a member of the American Institute of Certified Public Accountants.


Mr. Bisgay, age 54, is currently the Chief Financial Officer of BGC Partners, Inc. (“BGC”), a position he has held since January 2020. Mr. Bisgay joined Cantor in February 2015. From that time until August 2020, and from January 2021 to present, Mr. Bisgay served as the Chief Financial Officer of Cantor. Mr. Bisgay continues to oversee overlapping functions of BGC’s and Cantor’s businesses such as bondholder, lender, and rating agency relations. Mr. Bisgay also held various offices at and provided services to other affiliates of Cantor until December 2019, including as the Chief Financial Officer of CF Finance Acquisition Corp. (“Cantor SPAC I”) from October 2015 and as a director of Cantor SPAC I from December 2018, and as a director, Chief Financial Officer and Treasurer of two publicly non-traded REITs, Rodin Income Trust, Inc. and Cantor Fitzgerald Income Trust, Inc. (formerly known as Rodin Global Property Trust, Inc.), beginning in 2016. Prior to his time at Cantor, Mr. Bisgay was Chief Financial Officer at KCG Holdings, Inc., a market-making firm focused on client trading solutions, liquidity services and market-making technologies, after serving as Chief Financial Officer and Chief Operating Officer, Head of Business Development, Group Controller, and Director of Internal Audit at Knight Capital Group, Inc. and as a Senior Manager at PricewaterhouseCoopers, LLP. Mr. Bisgay received a B.S. in Accounting from Binghamton University and a M.B.A. from Columbia University. Mr. Bisgay also is registered with FINRA, holds a Series 27 Financial and Operations Principal license and is a Certified Public Accountant.


There are no family relationships between Ms. Novak or Mr. Bisgay and any director, executive officer, or person nominated or chosen by the Company to become an executive officer of the Company. There are no transactions between the Company and Ms. Novak or Mr. Bisgay that are subject to disclosure under Item 404(a) of Regulation S-K.






Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 By:/s/ Howard W. Lutnick
  Name:   Howard W. Lutnick
  Title:Chief Executive Officer


Dated: July 8, 2021