CompoSecure Ownership Update Filed
Ticker: GPGI · Form: SC 13D/A · Filed: Nov 29, 2024 · CIK: 1823144
| Field | Detail |
|---|---|
| Company | Composecure, Inc. (GPGI) |
| Form Type | SC 13D/A |
| Filed Date | Nov 29, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, amendment, sec-filing
Related Tickers: CMPO
TL;DR
CompoSecure ownership group filed an update, watch for changes.
AI Summary
Resolute Compo Holdings LLC, along with John D. Cote and Thomas R. Knott, filed an amendment to their Schedule 13D on November 29, 2024, regarding their beneficial ownership of CompoSecure, Inc. The filing indicates a change in the group's holdings, though specific new percentages or dollar amounts are not detailed in this excerpt. The group previously held shares in CompoSecure, Inc., which is incorporated in Delaware and operates in finance services.
Why It Matters
This amendment signals potential shifts in control or strategy for CompoSecure, Inc., which could impact its stock price and future business decisions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to increased volatility.
Key Players & Entities
- Resolute Compo Holdings LLC (company) — Filing entity
- CompoSecure, Inc. (company) — Subject company
- John D. Cote (person) — Group member
- Thomas R. Knott (person) — Group member and authorized contact
- Tungsten 2024 LLC (company) — Group member
FAQ
What is the specific change in beneficial ownership reported in this amendment?
The provided excerpt does not specify the exact percentage or number of shares changed, only that an amendment was filed on November 29, 2024.
Who are the primary entities filing this amendment?
The primary entities are Resolute Compo Holdings LLC, John D. Cote, and Thomas R. Knott.
What is the CUSIP number for CompoSecure, Inc. Class A Common Stock?
The CUSIP number is 20459V105.
When was the former company name of CompoSecure, Inc. changed?
The former company name, Roman DBDR Tech Acquisition Corp., was changed on September 1, 2020.
What is the business address of CompoSecure, Inc.?
The business address is 309 Pierce Street, Somerset, NJ 08873.
Filing Stats: 1,907 words · 8 min read · ~6 pages · Grade level 9 · Accepted 2024-11-29 17:29:17
Key Financial Figures
- $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 Par Value per share (Title of Class o
Filing Documents
- eh240562760_13da1-cmpo.htm (SC 13D/A) — 80KB
- 0000950142-24-002862.txt ( ) — 82KB
INTEREST IN SECURITIES OF THE ISSUER
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
is hereby amended and restated to read in its
Item 5 is hereby amended and restated to read in its entirety as follows: (a) – (b). The following information with respect to the ownership of the Class A Common Stock of the Issuer by the persons filing this statement on Schedule 13D is provided as of November 27, 2024: Reporting Persons Shares Held Directly Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Beneficial Percentage of Class (3) Resolute Compo Holdings LLC (1) 49,290,409 0 49,290,409 0 49,290,409 49,290,409 51.3 % Tungsten 2024 LLC (1) 0 0 49,290,409 0 49,290,409 49,290,409 51.3 % Thomas Knott (1) 0 0 49,290,409 0 49,290,409 49,290,409 51.3 % John Cote (1) 0 1,500,000(2) 49,290,409 1,500,000(2) 49,290,409 50,790,409 52.8 % (1) Resolute Compo Holdings is the record holder of 49,290,409 shares of Class A Common Stock. Tungsten is the managing member of Resolute Compo Holdings, Mr. John Cote is the manager of Tungsten and Mr. Knott is a member of Resolute Compo Holdings. Tungsten, as managing member, has the right to vote and dispose of the shares of Class A Common Stock reported herein, subject to certain consultation rights held by Mr. Knott. Accordingly, Tungsten, Mr. John Cote and Mr. Knott may each be deemed to share beneficial ownership of the shares of Class A Common Stock held of record by Resolute Compo Holdings. (2) Shares held through Ridge Valley LLC, of which Mr. John Cote serves as manager. (3) Based upon 96,164,658 shares of Class A Common Stock that were outstanding as of November 27, 2024, as reported by the issuer in a Current Report on Form 8-K filed on November 29, 2024. The information provided pursuant to this Item 5 excludes 2,000,000 and 618,013 shares of Class A Common Stock held by Michele D. Logan and CompoSecure Employee, L.L.C., respectively, each of which has agreed pursuant to the respective Purchase Agreement, attache