Item 1(a)

Name of Issuer:

New Beginnings Acquisition Corp.

Item 1(b)

Address of Issuer’s Principal Executive Offices:

800 1st Street, Unit 1

Miami, Florida 33139

Items 2(a)

Name of Person Filing:

This Schedule 13G is being filed jointly by Select Equity Group, L.P., a Delaware limited partnership (“Select LP”), Shinbone Alley, L.P., a Delaware limited partnership (“Shinbone Alley”), Shinbone Alley Holdings, LLC, a Delaware limited liability company (“Shinbone Alley Holdings”), and George S. Loening (“Loening”), who is the majority owner of Select LP and managing member of its general partner, as well as the managing member of Shinbone Alley Holdings. Select LP, Shinbone Alley, Shinbone Alley Holdings and Loening are sometimes jointly referred to herein as the “Select Reporting Persons.”

Item 2(b)

Address of Principal Business Office:

The business address of each of the Select Reporting Persons is:

380 Lafayette Street, 6th Floor

New York, New York 10003

Item 2(c)

Citizenship:

George S. Loening is a United States citizen.

Item 2(d)

Title of Class of Securities:

Common Stock, par value $0.0001 per share

Item 2(e)

CUSIP Number:

64222H100

Item 3

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is:

(a)

Broker or dealer registered under Section 15 of the Act;

(b)

Bank as defined in Section 3(a)(6) of the Act;

(c)

Insurance company as defined in Section 3(a)(19) of the Act;

(d)

Investment company registered under Section 8 of the Investment Company Act of 1940;

(e)

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

(f)

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that 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 in accordance with Rule 240.13d-1(b)(1)(ii)(J);

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4

Ownership:

The information required by Items 4(a)-(c), as of the close of business on April 14, 2021, is set forth in Rows 5-11 of the cover page hereto for each Select Reporting Person and is incorporated herein by reference for each such Select Reporting Person.

Item 5

Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof a reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.

Item 6

Ownership of More than Five Percent on Behalf of Another Person:

N/A

Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

N/A

Item 8

Identification and Classification of Members of the Group:

N/A

Item 9

Notice of Dissolution of Group:

N/A

Item 10

Certification:

SELECT EQUITY GROUP, L.P.

By: Select Equity GP, LLC, its General Partner

By: /s/ George S. Loening                                 

Name: George S. Loening

Title: Managing Member

SHINBONE ALLEY, L.P.

By: Shinbone Alley Holdings, LLC, its General Partner

By: /s/ George S. Loening                                 

Name: George S. Loening

Title: Managing Member

SHINBONE ALLEY HOLDINGS, LLC

By: /s/ George S. Loening                                 

Name: George S. Loening

Title: Managing Member

George S. Loening, an individual