Coliseum Capital Amends MasterCraft Stake Filing
Ticker: MCFT · Form: SC 13D/A · Filed: Jun 10, 2024 · CIK: 1638290
Sentiment: neutral
Topics: 13D-filing, shareholder-activity, amendment
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. 12) to their Schedule 13D on June 10, 2024, regarding their holdings in MasterCraft Boat Holdings, Inc. The 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 Numbers
- Amendment No. 12 — Filing Amendment (Indicates a significant update to previous filings)
- June 10, 2024 — Filing Date (Date of the latest amendment)
Key Players & Entities
- Coliseum Capital Partners, L.P. (company) — Filing entity
- Coliseum Capital Management, LLC (company) — Affiliated filing entity
- Christopher Shackelton (person) — Authorized person for notices
- Adam Gray (person) — Authorized person for notices
- MasterCraft Boat Holdings, Inc. (company) — Subject company
FAQ
What specific changes in beneficial ownership are detailed in Amendment No. 12?
The provided text does not specify the exact changes in beneficial ownership, only that an amendment was filed.
What is the CUSIP number for MasterCraft Boat Holdings, Inc. common stock?
The CUSIP number for MasterCraft Boat Holdings, Inc. common stock is 57637H103.
Who are the individuals authorized to receive notices for this filing?
Christopher Shackelton and Adam Gray are authorized to receive notices and communications.
What is the business address of MasterCraft Boat Holdings, Inc.?
The business address is 100 Cherokee Cove Drive, Vonore, TN 37855.
What is the primary business of MasterCraft Boat Holdings, Inc. according to the SIC code?
The SIC code 3730 indicates the company is in the SHIP & BOAT BUILDING & REPAIRING industry.
Filing Stats: 1,584 words · 6 min read · ~5 pages · Grade level 7.5 · Accepted 2024-06-10 19:56:25
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
- $20.55 — 23/2024 67,319 $ 20.27 $ 20.08 -$20.55 Separate Account Open Market Purchas
- $20.40 — 06/2024 78,891 $ 20.35 $ 20.30 -$20.40 Separate Account Open Market Purchas
- $20.50 — 07/2024 6,347 $ 20.48 $ 20.40 - $20.50 Separate Account Open Market Purchas
- $20.75 — 0/2024 14,499 $ 20.57 $ 20.25 - $20.75 Separate Account Open Market Purchas
Filing Documents
- d846258dsc13da.htm (SC 13D/A) — 98KB
- 0001193125-24-158502.txt ( ) — 100KB
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 and a separate account investment advisory client of CCM (the Separate Account ) were as follows: Purchaser Source of Funds Amount (1) CCP Working Capital $ 3,398,460.10 Separate Account Working Capital $ 841,741.89 (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 16,981,048 shares of Common Stock outstanding as of May 3, 2024, as reported in the Issuers Quarterly Report on Form 10-Q filed with the SEC on May 8, 2024. (c) The Reporting Persons and 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 05/23/2024 67,319 $ 20.27 $ 20.08 -$20.55 Separate Account Open Market Purchase 05/23/2024 16,663 $ 20.27 $ 20.08 -$20.55 CCP Open Market Purchase 06/06/2024 78,891 $ 20.35 $ 20.30 -$20.40 Separate Account Open Market Purchase 06/06/2024 19,555 $ 20.35 $ 20.30 -
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: June 10, 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