<SEC-DOCUMENT>0001193125-22-031190-index.html : 20220208
<SEC-HEADER>0001193125-22-031190.hdr.sgml : 20220208
<ACCEPTANCE-DATETIME>20220208172708
ACCESSION NUMBER:		0001193125-22-031190
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20220208
DATE AS OF CHANGE:		20220208
GROUP MEMBERS:		STANLEY BLEND

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			System1, Inc.
		CENTRAL INDEX KEY:			0001805833
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				981531250
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91754
		FILM NUMBER:		22602894

	BUSINESS ADDRESS:	
		STREET 1:		4235 REDWOOD AVENUE
		CITY:			MARINA DEL REY
		STATE:			CA
		ZIP:			90066
		BUSINESS PHONE:		310-924-6037

	MAIL ADDRESS:	
		STREET 1:		4235 REDWOOD AVENUE
		CITY:			MARINA DEL RAY
		STATE:			CA
		ZIP:			90066

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Trebia Acquisition Corp.
		DATE OF NAME CHANGE:	20200306

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lone Star Friends Trust
		CENTRAL INDEX KEY:			0001909643
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		2301 BROADWAY STREET
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78215
		BUSINESS PHONE:		(210) 250-6000

	MAIL ADDRESS:	
		STREET 1:		2301 BROADWAY STREET
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78215
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>d293964dsc13d.htm
<DESCRIPTION>SC 13D
<TEXT>
Document 1 - file: d293964dsc13d.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.C
<SEQUENCE>2
<FILENAME>d293964dex99c.htm
<DESCRIPTION>EX-99.C
<TEXT>
Document 2 - file: d293964dex99c.htm

</DOCUMENT>
</SEC-DOCUMENT>