Coliseum Capital Amends MasterCraft Stake Filing
Ticker: MCFT · Form: SC 13D/A · Filed: Apr 12, 2024 · CIK: 1638290
Sentiment: neutral
Topics: schedule-13d, amendment, shareholder-filing
Related Tickers: MCFT
TL;DR
Coliseum Capital just updated their MasterCraft stake filing - watch for potential moves.
AI Summary
Coliseum Capital Partners, L.P. and its affiliates, including Coliseum Capital Management, LLC, Christopher Shackelton, and Adam Gray, have filed an amendment (No. 9) to their Schedule 13D regarding MasterCraft Boat Holdings, Inc. as of April 10, 2024. This filing indicates a change in their beneficial ownership of the company's common stock.
Why It Matters
This filing signals potential shifts in significant shareholder positions and could influence market perception and trading activity for MasterCraft Boat Holdings.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.
Key Players & Entities
- Coliseum Capital Partners, L.P. (company) — Filing entity
- Coliseum Capital Management, LLC (company) — Filing entity
- Christopher Shackelton (person) — Filing entity representative
- Adam Gray (person) — Filing entity representative
- MasterCraft Boat Holdings, Inc. (company) — Subject company
FAQ
What is the specific nature of the change in beneficial ownership reported in this amendment?
The filing is an amendment (No. 9) to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., increase/decrease in shares, new percentage) are not provided in the header information.
Who are the primary individuals and entities filing this amendment?
The primary individuals are Christopher Shackelton and Adam Gray, and the primary entities are Coliseum Capital Partners, L.P. and Coliseum Capital Management, LLC.
What is the subject company of this filing?
The subject company is MasterCraft Boat Holdings, Inc.
On what date was this amendment filed?
This amendment was filed on April 12, 2024.
What is the CUSIP number for MasterCraft Boat Holdings, Inc. common stock?
The CUSIP number for MasterCraft Boat Holdings, Inc. common stock is 57637H103.
Filing Stats: 1,507 words · 6 min read · ~5 pages · Grade level 7.7 · Accepted 2024-04-12 20:30:56
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
- $20.75 — 14/2024 24,167 $ 20.72 $ 20.66 -$20.75 CCP Open Market Purchase 03/15/202
- $21.35 — /15/2024 7,478 $ 21.33 $ 21.22 -$21.35 CCP Open Market Purchase 03/18/202
- $22.05 — 8/2024 118,620 $ 21.84 $ 21.27 -$22.05 CCP Open Market Purchase 04/10/202
- $21.65 — 10/2024 11,308 $ 21.63 $ 21.55 -$21.65 CCP Open Market Purchase 04/11/202
- $21.89 — /11/2024 1,300 $ 21.89 $ 21.88 -$21.89 CCP Open Market Purchase 04/11/202
- $22.00 — 11/2024 60,000 $ 21.84 $ 21.65 -$22.00 SIGNATURES After reasonable inquiry
Filing Documents
- d820545dsc13da.htm (SC 13D/A) — 95KB
- 0001193125-24-095045.txt ( ) — 97KB
is supplemented as follows
Item 3 is supplemented as follows: Since the filing of the Last Amendment, the source and amount of funds used in purchasing shares of Common Stock by the Reporting Persons were as follows: Purchaser Source of Funds Amount (1) CCP Working Capital $ 4,834,351.48 (1) Excludes brokerage commissions. Item5. Interest in Securities of the Issuer. (a) (b) The information relating to the beneficial ownership of the Common Stock by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto is incorporated by reference herein. The percentages set forth in Row 13 for all cover pages filed herewith are calculated based upon 17,033,805 shares of Common Stock outstanding as of February 2, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the SEC on February 7, 2024. (c) The Reporting Persons and a separate account investment advisory client of CCM (the Separate Account ) effected the following transactions in the Common Stock on the dates indicated and such transactions are the only transactions in the Common Stock by the Reporting Persons in the sixty days preceding the date of this Amendment, or since the most recent filing of Schedule 13D by the Reporting Persons, whichever is less. The reporting person undertakes to provide to the staff of SEC, upon request, full information regarding the number of shares purchased at each separate price within each range of prices set forth in the table below. Name Purchase or Sale Date Number of Shares Weighted Average Price Per Share Range of Prices CCP Open Market Purchase 03/14/2024 24,167 $ 20.72 $ 20.66 -$20.75 CCP Open Market Purchase 03/15/2024 7,478 $ 21.33 $ 21.22 -$21.35 CCP Open Market Purchase 03/18/2024 118,620 $ 21.84 $ 21.27 -$22.05 CCP Open Market Purchase 04/10/2024 11,308 $ 21.63 $ 21.55 -$21.65 CCP Open Market Purchase 04/11/2024 1,300 $ 21.89 $ 21.88 -$21.89 CCP Open
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: April 12, 2024 COLISEUM CAPITAL MANAGEMENT, LLC ADAM GRAY By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact COLISEUM CAPITAL, LLC CHRISTOPHER SHACKELTON By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact COLISEUM CAPITAL PARTNERS, L.P. By: Coliseum Capital, LLC, General Partner By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact