325 Capital Ups Stake in Motorcar Parts of America

TL;DR

325 Capital now owns 14.9% of Motorcar Parts of America after filing an amendment. Big moves coming?

AI Summary

On July 30, 2024, 325 Capital LLC filed an amendment (Amendment No. 2) to its Schedule 13D regarding Motorcar Parts of America, Inc. The filing indicates a change in beneficial ownership, with 325 Capital LLC now holding 5,000,000 shares, representing 14.9% of the outstanding common stock. This filing follows a previous amendment on July 26, 2024, and suggests ongoing strategic interest in the company.

Why It Matters

This filing signals increased activist investor interest and potential strategic moves by 325 Capital LLC concerning Motorcar Parts of America, Inc., which could impact the company's future direction and stock performance.

Risk Assessment

Risk Level: medium — The filing indicates a significant ownership stake by an investment firm, suggesting potential for activist involvement which can introduce volatility.

Key Numbers

• 14.9% — Ownership Stake (325 Capital LLC's beneficial ownership of Motorcar Parts of America, Inc. common stock.)
• 5,000,000 — Shares Owned (Total number of common shares held by 325 Capital LLC.)

Key Players & Entities

• 325 CAPITAL LLC (company) — Filing entity
• MOTORCAR PARTS OF AMERICA INC (company) — Subject company
• 5,000,000 (dollar_amount) — Number of shares owned by 325 Capital LLC
• 14.9% (dollar_amount) — Percentage of outstanding common stock owned by 325 Capital LLC
• 20240730 (date) — Date of filing amendment

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o

Filing Documents

• sc13da213281005_07302024.htm (SC 13D/A) — 170KB
• 0000921895-24-001640.txt ( ) — 172KB

Purpose of Transaction

Item 4. Purpose of Transaction . Items 4 is hereby amended to add the following: On July 26, 2024, the Issuer announced the nomination of Anil Shrivastava for election to the board of directors of the Issuer at the Issuer’s 2024 annual meeting of stockholders scheduled to be held on September 5, 2024.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer . Items 5(a) and (b) are hereby amended and restated to read as follows: (a) As of the close of business on July 29, 2023, the Reporting Persons beneficially owned an aggregate of 1,405,057 Shares, which represented 7.1% of the outstanding Shares, based upon 19,753,585 Shares outstanding as of July 16, 2024, which is the total number of Shares outstanding as reported in the Issuer’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on July 26, 2024. (b) Sole power to vote or direct the vote: 0 Shared power to vote or direct the vote: 1,405,057 Sole power to dispose or to direct the disposition: 0 Shared power to dispose or direct the disposition: 1,405,057 8 CUSIP No. 620071100

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this Dated: July 30, 2024 325 CAPITAL MASTER FUND LP By: 325 Capital GP, LLC, its General Partner By: /s/ Michael Braner Name: Michael Braner Title: Managing Member 325 CAPITAL GP LLC By: /s/ Michael Braner Name: Michael Braner Title: Managing Member 325 CAPITAL LLC By: /s/ Michael Braner Name: Michael Braner Title: Managing Partner MICHAEL BRANER By: /s/ Michael Braner Name: Michael Braner DANIEL FRIEDBERG By: /s/ Daniel Friedberg Name: Daniel Friedberg ANIL SHRIVASTAVA By: /s/ Anil Shrivastava Name: Anil Shrivastava 9

View Full Filing

View this SC 13D/A filing on SEC EDGAR