SC 13G: ADTRAN Holdings, Inc.

Ticker: ADTN · Form: SC 13G · Filed: Mar 25, 2024 · CIK: 926282

Sentiment: neutral

Topics: sc-13g

AI Summary

SC 13G filing by ADTRAN Holdings, Inc..

Risk Assessment

Risk Level: low

Filing Stats: 1,788 words · 7 min read · ~6 pages · Grade level 8.7 · Accepted 2024-03-25 16:09:21

Key Financial Figures

Filing Documents

(a)

Item 1(a). Name of Issuer: ADTRAN Holdings, Inc. (the "Issuer")

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 901 Explorer Blvd Huntsville, AL 35806

(a)

Item 2(a). Name of Persons Filing: This statement is filed by the entities and persons listed below, who are collectively referred herein as "Reporting Persons", with respect to the shares of Common Stock (as defined in Item 2(d) below) of the Company: (i) Divisar Partners QP, L.P. (ii) Divisar Capital Management, LLC (iii) Mr. Steven Baughman

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: (i) Divisar Partners QP, L.P. 275 Sacramento Street, 8th Floor San Francisco, CA 94111 (ii) Divisar Capital Management, LLC 275 Sacramento Street, 8th Floor San Francisco, CA 94111 (iii) Mr. Steven Baughman c/o Divisar Capital Management, LLC 275 Sacramento Street, 8th Floor San Francisco, CA 94111

(c)

Item 2(c). Citizenship: (i) Divisar Partners QP, L.P. – DE (ii) Divisar Capital Management, LLC – DE (iii) Mr. Steven Baughman – USA

(d)

Item 2(d). Title of Class of Securities: Common Stock, Par Value $0.01 ("Common Stock")

(e)

Item 2(e). CUSIP Number: 00486H105 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: Not Applicable CUSIP No. 00486H105 13G Page 5 of 9 Pages Item 4. (i) Divisar Partners QP, L.P. (a) Amount beneficially owned: 4,066,153 (see Note 5) (b) Percent of class: 5.1% (See Note 6) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,066,153 (see Note 5) (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,066,153 (see Note 5) (ii) Divisar Capital Management, LLC (a) Amount beneficially owned: 4,367,307 (see Note 5) (b) Percent of class: 5.5% (See Note 6) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,367,307 (see Note 5) (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,367,307 (see Note 5) (iii) Steven Baughman (a) Amount beneficially owned: 4,367,307 (See Note 5) (b) Percent of class: 5.5% (See Note 6) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,367,307 (see Note 5) (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,367,307 (see Note 5) CUSIP No. 00486H105 13G Page 6 of 9 Pages Note 5: Divisar Capital Management, LLC is an investment adviser that is registered under the Investment Advisers Act of 1940. Divisar Capital Management, LLC, which serves as the general partner and investment manager to each of Divisar Partners QP, L.P. and Divisar Partners, L.P., (collectively

View Full Filing

View this SC 13G filing on SEC EDGAR

View on Read The Filing