<SEC-DOCUMENT>0001104659-22-126735.txt : 20221213
<SEC-HEADER>0001104659-22-126735.hdr.sgml : 20221213
<ACCEPTANCE-DATETIME>20221213193501
ACCESSION NUMBER:		0001104659-22-126735
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221209
FILED AS OF DATE:		20221213
DATE AS OF CHANGE:		20221213

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			South Lake One LLC
		CENTRAL INDEX KEY:			0001794292
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40350
		FILM NUMBER:		221460917

	BUSINESS ADDRESS:	
		STREET 1:		250 WEST 55TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		56227989600

	MAIL ADDRESS:	
		STREET 1:		250 WEST 55TH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER NAME:	
		FORMER CONFORMED NAME:	South Lake One, LLC
		DATE OF NAME CHANGE:	20191115

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			South Cone Investments Limited Partnership
		CENTRAL INDEX KEY:			0001876412
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40350
		FILM NUMBER:		221460918

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA PRESIDENTE RIESCO 5711 OFICINA 1
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO
		STATE:			F3
		ZIP:			7550000
		BUSINESS PHONE:		56227989600

	MAIL ADDRESS:	
		STREET 1:		AVENIDA PRESIDENTE RIESCO 5711 OFICINA 1
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO
		STATE:			F3
		ZIP:			7550000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FTC Solar, Inc.
		CENTRAL INDEX KEY:			0001828161
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				814816270
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9020 N CAPITAL OF TEXAS HWY, SUITE I-260
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78759
		BUSINESS PHONE:		(907) 312-0717

	MAIL ADDRESS:	
		STREET 1:		9020 N CAPITAL OF TEXAS HWY, SUITE I-260
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78759
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2232650-1_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-12-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001828161</issuerCik>
        <issuerName>FTC Solar, Inc.</issuerName>
        <issuerTradingSymbol>FTCI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001876412</rptOwnerCik>
            <rptOwnerName>South Cone Investments Limited Partnership</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>AVENIDA PRESIDENTE RIESCO 5711,</rptOwnerStreet1>
            <rptOwnerStreet2>OFICINA 1603, LAS CONDES</rptOwnerStreet2>
            <rptOwnerCity>SANTIAGO</rptOwnerCity>
            <rptOwnerState>F3</rptOwnerState>
            <rptOwnerZipCode>7550000</rptOwnerZipCode>
            <rptOwnerStateDescription>CHILE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001794292</rptOwnerCik>
            <rptOwnerName>South Lake One LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>AVENIDA PRESIDENTE RIESCO 5711,</rptOwnerStreet1>
            <rptOwnerStreet2>OFICINA 1603, LAS CONDES</rptOwnerStreet2>
            <rptOwnerCity>SANTIAGO</rptOwnerCity>
            <rptOwnerState>F3</rptOwnerState>
            <rptOwnerZipCode>7550000</rptOwnerZipCode>
            <rptOwnerStateDescription>CHILE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-12-09</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2800</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.5968</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14786430</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Shares indirectly held through South Lake One LLC</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-12-12</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>39200</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.6445</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14825630</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Shares indirectly held through South Lake One LLC</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.59 to $2.60 per share, inclusive. The reporting persons undertake to provide FTC Solar, Inc., a Delaware corporation (the &quot;Issuer&quot;), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.</footnote>
        <footnote id="F2">The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.53 to $2.72 per share, inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (2) to this Form 4.</footnote>
        <footnote id="F3">South Cone Investments Limited Partnership directly owns 100% of the issued and outstanding membership interest of South Lake One LLC.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Isidoro Quiroga Cortes and /s/ Luis Felipe Correa Gonzalez,  Managers of South Lake One LLC</signatureName>
        <signatureDate>2022-12-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Isidoro Quiroga Cortes and /s/ Luis Felipe Correa Gonzalez, Managers of South Lake Management LLC, as General Partner of South Cone Investments Limited Partnership</signatureName>
        <signatureDate>2022-12-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
