Form SC 13G SOAR Technology Acquisit Filed By: Saba Capital Management, LP


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UNITED STATES
SAFETY AND EXCHANGES COMMISSION
Washington, D.C. 20549

APPENDIX 13G

Under the Securities Exchange Act of 1934

(Amendment No.)*

SOAR Technology Acquisition Company

(Name of Issuer)

Common shares, par value $0.0001

(Security category title)

G82472112

(CUSIP number)

May 26, 2022

(Date of the event that requires the filing of this declaration)

Check the appropriate box to designate the rule under which this appendix is ​​filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

* The remainder of this cover page should be completed for a reporting person’s initial filing on this form with respect to the class of securities in question, and for any subsequent amendments containing information that would alter the information provided in a page of previous coverage.

The information required in the remainder of this cover page is not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the responsibilities of that section of the Act, but are subject to all other provisions of the Act (but see the Remarks).


APPENDIX 13G

CUSIP no. G82472112

1

Names of reporting persons

Saba Capital Management, LP

2

Check the appropriate box if a member of a group (see instructions)

(a) [ ]
(b) [ ]

3

Secondary use only

4

Citizenship or place of organization

Delaware

Number of
Shares
Benefiting
owned by everyone
Declaring person
With:

5

Single voting power

-0-

6

Shared voting power

1,184,155

seven

Single Device Power

-0-

8

Power Shared Device

1,184,155

9

Total amount beneficially owned by each reporting person

1,184,155

ten

Check the box if the total amount of line (9) excludes certain actions (see instructions)

[ ]

11

Percentage of the class represented by the amount of the line (9)

5.1%

12

Declarant type (see instructions)

PN; AI

Percentages used herein are calculated based on 23,000,000 common shares outstanding as of March 31, 2022, as disclosed in the Company’s 10-Q filed May 13, 2022.


APPENDIX 13G

CUSIP no. G82472112

1

Names of reporting persons

Boaz R. Weinstein

2

Check the appropriate box if a member of a group (see instructions)

(a) [ ]
(b) [ ]

3

Secondary use only

4

Citizenship or place of organization

United States

Number of
Shares
Benefiting
owned by everyone
Declaring person
With:

5

Single voting power

-0-

6

Shared voting power

1,184,155

seven

Single Device Power

-0-

8

Power Shared Device

1,184,155

9

Total amount beneficially owned by each reporting person

1,184,155

ten

Check the box if the total amount of line (9) excludes certain actions (see instructions)

[ ]

11

Percentage of the class represented by the amount of the line (9)

5.1%

12

Declarant type (see instructions)

IN

Percentages used herein are calculated based on 23,000,000 common shares outstanding as of March 31, 2022, as disclosed in the Company’s 10-Q filed May 13, 2022.


APPENDIX 13G

CUSIP no. G82472112

1

Names of reporting persons

Saba Capital Management GP, LLC

2

Check the appropriate box if a member of a group (see instructions)

(a) [ ]
(b) [ ]

3

Secondary use only

4

Citizenship or place of organization

Delaware

Number of
Shares
Benefiting
owned by everyone
Declaring person
With:

5

Single voting power

-0-

6

Shared voting power

1,184,155

seven

Single Device Power

-0-

8

Power Shared Device

1,184,155

9

Total amount beneficially owned by each reporting person

1,184,155

ten

Check the box if the total amount of line (9) excludes certain actions (see instructions)

[ ]

11

Percentage of the class represented by the amount of the line (9)

5.1%

12

Declarant type (see instructions)

OO

Percentages used herein are calculated based on 23,000,000 common shares outstanding as of March 31, 2022, as disclosed in the Company’s 10-Q filed May 13, 2022.


Object 1.

(a) Issuer name: SOAR Technology Acquisition Company

(b) Address of the main executive offices of the issuer: 228 PARK AVE S PMB 74335, NEW YORK, NY, 10003

Item 2.

(a) Name of person filing: Saba Capital Management, LP, a Delaware limited partnership (“Saba Capital”), Saba Capital Management GP, LLC, a Delaware limited liability company (“Saba GP”), and Mr. Boaz R. Weinstein (together, the “declaring persons”). The Reporting Persons have entered into a Joint Filing Agreement, dated June 2, 2022, pursuant to which the Reporting Persons have agreed to jointly file this report and any subsequent amendments pursuant to the provisions of Rule 13d-1(k)(1) ) under the law. Any disclosure herein regarding persons other than the Reporting Persons is made on the basis of information and belief after making a request to the appropriate party. The filing of this declaration should not be construed as an admission that any of the aforementioned persons or the reporting persons is, for the purposes of section 13 of the Act, the beneficial owner of the common shares declared here.

(b) Address of principal business office or, if none, residence: The business office address of each of the reporting persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.

(vs) Citizenship: Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.

(D) Title and class of title: Common Shares, par value $0.0001 (the “Common Shares”).

(e) CUSIP #: G82472112

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is:

(a) [_] Broker or trader registered under Article 15 of the Law;

(b) [_] Bank as defined in section 3(a)(6) of the Act;

(vs) [_] Insurance Company as defined in Section 3(a)(19) of the Act;

(D) [_] Investment company registered under section 8 of the Investment Companies Act 1940;

(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(F) [_] A benefit plan or endowment fund pursuant to Rule 13d-1(b)(1)(ii)(F);

(g) [_] A parent holding company or controlling person pursuant to Rule 13d-1(b)(1)(ii)(G);

(h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 USC 1813);


(I) [_] A church plan which is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;

(j) [_] A non-U.S. institution pursuant to Rule 240.13d-1(b)(1)(ii)(J);

(k) [_] Group, per rule 240.13d-1(b)(1)(ii)(K). If you are filing as a non-U.S. institution pursuant to rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Item 4. Ownership

(a) Amount beneficially owned: The information required by items 4(a) through (c) is set forth in lines (5) through (11) of the cover page for each reporting person herein and is incorporated herein by reference for each such reporting person. .

Item 5. Ownership of five percent or less of a class. N / A

Item 6. Ownership of more than five percent in another person’s name. Funds and accounts advised by Saba Capital are entitled to receive dividends and proceeds from the sale of ordinary shares.

Item 7. Identification and classification of the subsidiary that acquired the security subject to the declaration of the parent holding company or the controlling person. N / A

Item 8. Identification and classification of group members. N / A

Item 9. Notice of dissolution of the group. N / A

Item 10. Certificates.

By affixing their signature below, each Reporting Person certifies that to the best of their knowledge and understanding, the securities referred to above have not been acquired and are not held for the purpose or with the effect of modifying or influence the control of the issuer of the securities and have not been acquired and are not held in connection with or as a participant in a transaction having this object or effect.


SIGNATURE

After reasonable investigation and to the best of my knowledge and belief, I certify that the information contained in this statement is true, complete and correct.

Dated: June 2, 2022

/s/Signature Michael D’Angelo

Name: Michel D’Angelo

Title: Compliance Manager

Boaz R. Weinstein

By: Michael D’Angelo

Title: Lawyer in fact***

*** Pursuant to a power of attorney dated November 16, 2015


EXPOSURE 1

JOINT DEPOSIT AGREEMENT
UNDER RULE 13d-1(k)

The undersigned acknowledges and agrees that the foregoing statement on Schedule 13G is filed in the name of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed in the name of each of the undersigned without be required to file an additional joint filing. Agreements. The undersigned acknowledges that each is responsible for the timely filing of such amendments and for the completeness and accuracy of the information relating to him contained herein and herein, but shall not be responsible for the completeness and accuracy of information about others, except to the extent that he knows or has reason to believe that such information is inaccurate.

DATED: June 2, 2022

SABA CAPITAL MANAGEMENT, LP

By: /s/ Michel D’Angelo

Last name: Michael D’Angelo

Title: Authorized signatory

SABA CAPITAL MANAGEMENT GP, LLC

By: /s/ Michel D’Angelo

Last name: Michael D’Angelo

Title: Authorized signatory

BOAZ R. WEINSTEIN

By: /s/ Michel D’Angelo
Title: Lawyer, in fact