<SEC-DOCUMENT>0001104659-20-111717.txt : 20201002
<SEC-HEADER>0001104659-20-111717.hdr.sgml : 20201002
<ACCEPTANCE-DATETIME>20201002162739
ACCESSION NUMBER:		0001104659-20-111717
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201002
FILED AS OF DATE:		20201002
DATE AS OF CHANGE:		20201002

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FG New America Investors LLC
		CENTRAL INDEX KEY:			0001823446
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39550
		FILM NUMBER:		201220366

	BUSINESS ADDRESS:	
		STREET 1:		C/O FG NEW AMERICA ACQUISITION CORP.
		STREET 2:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143
		BUSINESS PHONE:		(847) 791-6817

	MAIL ADDRESS:	
		STREET 1:		C/O FG NEW AMERICA ACQUISITION CORP.
		STREET 2:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FG New America Acquisition Corp.
		CENTRAL INDEX KEY:			0001818502
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				851648122
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143
		BUSINESS PHONE:		(847) 791-6817

	MAIL ADDRESS:	
		STREET 1:		105 S. MAPLE STREET
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2032258-3_4.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-10-02</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001818502</issuerCik>
        <issuerName>FG New America Acquisition Corp.</issuerName>
        <issuerTradingSymbol>FGNA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001823446</rptOwnerCik>
            <rptOwnerName>FG New America Investors LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FG NEW AMERICA ACQUISITION CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>105 S. MAPLE STREET</rptOwnerStreet2>
            <rptOwnerCity>ITASCA</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60143</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2020-10-02</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>462500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>462500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Consists of 462,500 of the Issuer's Private Placement Units, as described under the heading &quot;Description of Securities &quot; in the Issuer's registration statement on Form S-1 (File No. 333-248429), purchased by the Reporting Person for $10.00 per Private Placement Unit.</footnote>
    </footnotes>

    <remarks>1. Larry G. Swets, Jr., D. Kyle Cerminara and Joseph Hugh Moglia are managers of FG New America Investors LLC. Messrs. Swets, Cerminara and Moglia share voting and investment discretion with respect to the common stock held of record by FG New America Investors LLC and each of them disclaims beneficial ownership of such shares of common stock except to the extent of his respective pecuniary interest therein.
2. Messrs. Swets, Cerminara and Moglia serve on the Board of Directors of the Issuer (the &quot;Board&quot;). The Reporting Person may be deemed to be a director-by-deputization as a result of the service of Messrs. Swets, Cerminara and Moglia on the Board.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jordan Leon, Attorney-in-Fact</signatureName>
        <signatureDate>2020-10-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
