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Gary P. Smith, CEO and director of New Providence Acquisition Corp., filed an initial beneficial ownership statement on September 10, 2019, disclosing indirect ownership of 5,710,000 shares of Class A common stock held through New Providence Management LLC, along with Class B founder shares convertible to Class A shares on a one-for-one basis upon the company's initial business combination. Up to 750,000 of the Class B shares are subject to forfeiture depending on whether underwriters exercise their over-allotment option in full.