Lubar Entities Amend Hallador Energy Stake Filing

TL;DR

Lubar group updated their Hallador Energy filing - watch for ownership changes.

AI Summary

Lubar Equity Fund, LLC, along with affiliated entities David J. Lubar Group, Lubar & Co., Lubar Opportunities Fund 1, LLC, and SM Opportunities Fund, has filed an amendment to their Schedule 13D on September 3, 2024, concerning their holdings in Hallador Energy Co. The filing indicates a change in their beneficial ownership, though specific new percentage or dollar amounts are not detailed in this excerpt.

Why It Matters

This filing signals a potential shift in significant ownership or strategy for Hallador Energy Co., which could impact its stock price and future corporate actions.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate events or changes in control, introducing uncertainty.

Key Players & Entities

• Lubar Equity Fund, LLC (company) — Filer of the Schedule 13D/A
• Hallador Energy Co (company) — Subject company of the filing
• David J. Lubar Group (company) — Affiliated entity filing with Lubar Equity Fund
• Lubar & Co., Incorporated (company) — Associated entity with business address
• Lubar Opportunities Fund 1, LLC (company) — Affiliated entity filing with Lubar Equity Fund
• SM Opportunities Fund (company) — Affiliated entity filing with Lubar Equity Fund

FAQ

Key Financial Figures

• $0.01 — —————— (Name of Issuer) Common Stock, $0.01 par value ———————————————————————————

Filing Documents

• lbre20240903_sc13da.htm (SC 13D/A) — 84KB
• 0001437749-24-028278.txt ( ) — 86KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration

of the Schedule 13D is hereby deleted and replaced with the following

Item 3 of the Schedule 13D is hereby deleted and replaced with the following: Prior to August 31, 2024, Lubar Equity Fund, LLC ("LEF"), a Wisconsin limited liability company, held 2,788,685 shares of Issuer Common Stock. Such shares were purchased from the Issuer in private placements or from shareholders of the Issuer in private transactions, for cash from the working capital of LEF. The Reporting Entity, Lubar & Co., Incorporated, is the sole manager of LEF and, as a result, may be deemed to beneficially own the shares of Issuer Common Stock held by LEF. Prior to August 31, 2024, Lubar Opportunities Fund I, LLC ("LOFI"), a Wisconsin limited liability company, held 2,663,334 shares of Issuer Common Stock. The Reporting Entity, Lubar & Co., Incorporated, is the sole manager of LOFI and, as a result, may be deemed to beneficially own the shares of Issuer Common Stock held by LOFI. Pursuant to a Redemption Agreement dated March 31, 2024, by and among LOFI and each of its redeeming members, 271,763 shares of Issuer Common Stock held by LOFI were distributed to SM Opportunities Fund, LLC ("SMOF"), a Wisconsin limited liability company, to change the form of beneficial ownership of such shares. Because Lubar & Co, Incorporated is the sole manager of LOFI and SMOF, the beneficial interest of Lubar & Co, Incorporated, as the Reporting Entity in this Schedule, did not change as a result of this transaction. The transfers contemplated under the aforementioned redemption agreement were consummated on August 31, 2024. Effective as of August 31, 2024, LOFI owns 2,391,571 shares and SMOF owns 271,763 shares of Issuer Common Stock. The Reporting Entity, Lubar & Co., Incorporated, is the sole manager of SMOF and LOFI and, as a result, is deemed to beneficially own the shares of Issuer Common Stock held by each entity. In accordance with the policies and procedures of the Reporting Person, Lubar & Co., Incorporated serves as investment manager over and exercises in its sole di

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby deleted and replaced with the following

Item 5 of the Schedule 13D is hereby deleted and replaced with the following: Effective as of August 31, 2024, Lubar & Co., Incorporated beneficially owns 5,452,019 shares of Issuer Common Stock with shared voting and dispositive power, consisting of 2,788,685 shares held by LEF; 2,391,571 shares held by LOFI; and 271,763 shares held by SMOF. Lubar & Co., Incorporated, is the sole manager of LEF, LOFI, and SMOF and possesses investment management control over all shares of Issuer Common Stock held by LEF, LOFI, and SMOF. In the aggregate, Lubar & Co., Incorporated beneficially owns 5,452,019 shares of Issuer Common Stock, representing 12.8% of the outstanding shares of Issuer Common Stock. As of August 2, 2024, there were 42,598,058 outstanding shares of Issuer Common Stock, as confirmed by the Company.

SIGNATURES

SIGNATURES 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: September 3, 2024 LUBAR EQUITY FUND, LLC By Lubar & Co., Incorporated, Sole Manager /s/DAVID J. LUBAR By: David J. Lubar President and CEO of Lubar & Co. Incorporated, sole manager of Lubar Equity Fund, LLC Dated: September 3, 2024 LUBAR OPPORTUNITES FUND I, LLC By Lubar & Co., Incorporated, Sole Manager /s/DAVID J. LUBAR By: David J. Lubar President and CEO of Lubar & Co., Incorporated, sole manager of Lubar Opportunities Fund I, LLC Dated: September 3, 2024 SM OPPORTUNITES FUND, LLC By Lubar & Co., Incorporated, Sole Manager /s/DAVID J. LUBAR By: David J. Lubar President and CEO of Lubar & Co., Incorporated, sole manager of SM Opportunities Fund, LLC

View Full Filing

View this SC 13D/A filing on SEC EDGAR