Yoda PLC Amends Capital Product Partners L.P. Stake
Ticker: CCEC · Form: SC 13D/A · Filed: Feb 26, 2024 · CIK: 1392326
Sentiment: neutral
Topics: insider-filing, amendment, beneficial-ownership
TL;DR
**Yoda PLC just updated its stake in Capital Product Partners L.P., signaling a potential shift in its investment strategy.**
AI Summary
Yoda PLC, through its representative Alon Bar, filed an Amendment No. 4 to its Schedule 13D/A on February 26, 2024, regarding its beneficial ownership of Common units in Capital Product Partners L.P. The filing updates information related to the beneficial ownership of the limited partner interests, identified by CUSIP Number Y11082206. This amendment signifies a change in the previously reported ownership structure or intent of Yoda PLC concerning Capital Product Partners L.P.
Why It Matters
This amendment indicates a change in a significant shareholder's position or intentions, which could influence the market's perception of Capital Product Partners L.P. and potentially impact its unit price.
Risk Assessment
Risk Level: medium — Changes in significant shareholder filings can introduce uncertainty or signal future corporate actions, leading to potential stock volatility.
Key Numbers
- Y11082206 — CUSIP Number (Identifies the class of securities (Common units) of Capital Product Partners L.P.)
- 4 — Amendment Number (Indicates this is the fourth amendment to the original Schedule 13D filing.)
- 20240226 — Filing Date (Date the SC 13D/A was filed with the SEC.)
Key Players & Entities
- Yoda PLC (company) — Filing entity and beneficial owner
- Capital Product Partners L.P. (company) — Subject company of the filing
- Alon Bar (person) — Representative for Yoda PLC
- 0001392326 (company) — Central Index Key (CIK) for Capital Product Partners L.P.
- 0002006116 (company) — Central Index Key (CIK) for Yoda PLC
FAQ
What type of securities does Yoda PLC beneficially own in Capital Product Partners L.P.?
Yoda PLC beneficially owns "Common units, representing limited partner interests" in Capital Product Partners L.P., identified by CUSIP Number Y11082206.
Who is the representative for Yoda PLC listed in the filing?
Alon Bar is listed as the representative for Yoda PLC in the filing, with a business address in Nicosia, Cyprus.
What is the purpose of this specific filing?
This filing is an Amendment No. 4 to Schedule 13D/A, indicating an update to previously reported information regarding Yoda PLC's beneficial ownership of Capital Product Partners L.P. securities.
When was this Schedule 13D/A Amendment No. 4 filed?
This Schedule 13D/A Amendment No. 4 was filed on February 26, 2024.
What is the business phone number provided for Yoda PLC?
The business phone number provided for Yoda PLC is +357 22 570 380.
Filing Stats: 1,239 words · 5 min read · ~4 pages · Grade level 14.7 · Accepted 2024-02-26 08:52:58
Key Financial Figures
- $555,636 — ons for an aggregate purchase prices of $555,636, $9,525,858 and $205,207, respectively.
- $9,525,858 — aggregate purchase prices of $555,636, $9,525,858 and $205,207, respectively. The source
- $205,207 — hase prices of $555,636, $9,525,858 and $205,207, respectively. The source of funds used
Filing Documents
- sc13da4.htm (SC 13D/A) — 56KB
- 0001341004-24-000050.txt ( ) — 58KB
Source and Amount of Funds or Other Consideration
Item 3. Source and Amount of Funds or Other Consideration
of the Schedule 13D is hereby amended and supplemented as follows
Item 3 of the Schedule 13D is hereby amended and supplemented as follows: From January 30, 2024 to February 23, 2024, the Company, individually and through its wholly-owned subsidiaries, Ascetico Limited and Paparebecrop Limited, acquired 30,000, 524,001 and 9,200 Common Units, respectively, in open-market transactions for an aggregate purchase prices of $555,636, $9,525,858 and $205,207, respectively. The source of funds used for these transactions was working capital of the Company.
Purpose of Transaction
Item 4. Purpose of Transaction
of the Schedule 13D is hereby deleted and replaced in its entirety as follows
Item 4 of the Schedule 13D is hereby deleted and replaced in its entirety as follows: The information set forth in Item 3 is hereby incorporated by reference in its entirety. The Reporting Persons acquired the Common Units of the Issuer for investment purposes as they believed that such Common Units represented an attractive investment opportunity. The Reporting Persons intend to review their investment in the Issuer from time to time on the basis of various factors, including the Issuer's business, financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for the Issuer's stock in particular, as well as other developments. The Reporting Persons reserve the right, based on all relevant factors and subject to applicable law or other restrictions, at any time and from time to time, directly or through wholly owned subsidiaries, to acquire additional Common Units, dispose of some or all of the Common Units that it may own from time to time, in each case in open market or private transactions, block sales or otherwise, and review or reconsider their position, change their purpose, take other actions or formulate and implement plans or proposals with respect to any of the foregoing. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 26, 2024 YODA PLC By: /s/ Alon Bar Name: Alon Bar Title: Chief Executive Officer IOANNIS PAPALEKAS /s/ Ioannis Paplekas Annex A The following table lists the directors and executive officers of Yoda PLC. Name Principal Occupation or Employment Principal Business Address Citizenship Alon Bar Director, Chief Executive Officer of Yoda PLC 48 Themistokli Dervi Athienitis Centennial Building 7th Floor, Office 703 P.C. Nicosia 1066, Cyprus Israel Achilleas Dorotheou Director, Head of Hospitality and De