325 Capital Amends Filing for Motorcar Parts of America

TL;DR

325 Capital updated its stake in MPA. Keep an eye on this.

AI Summary

325 Capital LLC has amended its Schedule 13D filing regarding Motorcar Parts of America, Inc. (MPA) as of August 21, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or changes in percentage are not detailed in this excerpt. The amendment pertains to the common stock of Motorcar Parts of America, Inc.

Why It Matters

This amendment signals a potential shift in significant stakeholder interest or strategy concerning Motorcar Parts of America, Inc., which could influence the company's future direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in ownership or strategy by large investors, which can lead to increased volatility.

Key Players & Entities

• 325 CAPITAL LLC (company) — Filing entity
• MOTORCAR PARTS OF AMERICA INC (company) — Subject company

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o
• $5,219,103 — tly by 325 Master Fund is approximately $5,219,103. The aggregate purchase price for the 1
• $22,449,633 — t manager of the SMAs, is approximately $22,449,633 (inclusive of brokerage commissions and
• $6.1000 — und LP Purchase of Common Stock 467 $6.1000 1 08/14/2024 Purchase of Common Stoc
• $6.2400 — 14/2024 Purchase of Common Stock 59 $6.2400 2 08/15/2024 Purchase of Common Stoc
• $6.2000 — 2024 Purchase of Common Stock 3,335 $6.2000 3 08/16/2024 Purchase of Common Stoc
• $6.0500 — 2024 Purchase of Common Stock 8,941 $6.0500 4 08/19/2024 Purchase of Common Stoc
• $6.2700 — 2024 Purchase of Common Stock 9,217 $6.2700 5 08/21/2024 325 Capital LLC (throug
• $6.0950 — s in multiple transactions ranging from $6.0950 to $6.1000 per Share. The Reporting Per
• $6.2200 — s in multiple transactions ranging from $6.2200 to $6.2500 per Share. The Reporting Per
• $6.2500 — le transactions ranging from $6.2200 to $6.2500 per Share. The Reporting Persons undert
• $6.1950 — s in multiple transactions ranging from $6.1950 to $6.4100 per Share. The Reporting Per
• $6.4100 — le transactions ranging from $6.1950 to $6.4100 per Share. The Reporting Persons undert
• $6.000 — s in multiple transactions ranging from $6.000 to $6.2800 per Share. The Reporting Per
• $6.2800 — ple transactions ranging from $6.000 to $6.2800 per Share. The Reporting Persons undert

Filing Documents

• sc13da413281005_08212024.htm (SC 13D/A) — 182KB
• 0001193805-24-001057.txt ( ) — 184KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration .

is hereby amended

Item 3 is hereby amended and restated to read as follows: As of the date hereof, the Reporting Persons are deemed to beneficially own the Shares as detailed in Item 5. The aggregate purchase price for the 315,361 Shares beneficially owned directly by 325 Master Fund is approximately $5,219,103. The aggregate purchase price for the 1,577,884 Shares beneficially owned by 325, as the investment manager of the SMAs, is approximately $22,449,633 (inclusive of brokerage commissions and other costs of execution). The source of funding for the transactions pursuant to which the Reporting Persons obtained beneficial ownership of the Shares was derived from the respective capital of the clients of 325 Master Fund and 325.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer . Items 5(a) – (c) are hereby amended and restated to read as follows: (a) As of the close of business on August 21, 2023, the Reporting Persons beneficially owned an aggregate of 1,893,245 Shares, which represented 9.6% of the outstanding Shares, based upon 19,753,585 Shares outstanding as of August 1, 2024, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2024. (b) Sole power to vote or direct the vote: 0 Shared power to vote or direct the vote: 1,893,245 Sole power to dispose or to direct the disposition: 0 Shared power to dispose or direct the disposition: 1,893,245 (c) Since the filing of Amendment No. 3 to the Schedule 13D, none of the Reporting Persons has effected any transactions in the Shares, except as set forth on Schedule A. 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: August 21, 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 9 CUSIP No. 620071100 ANIL SHRIVASTAVA By: /s/ Anil Shrivastava Name: Anil Shrivastava 10 CUSIP No. 620071100 SCHEDULE A Transactions in Shares of the Issuer since the Filing of Amendment No. 3 to the Schedule 13D (all purchases and sales effected on the NASDAQ except as indicated below) Nature of the Transaction Amount of Securities Purchased/(Sold) Price ($) Date of Purchase/Sale 325 Capital Master Fund LP Purchase of Common Stock 467 $6.1000 1 08/14/2024 Purchase of Common Stock 59 $6.2400 2 08/15/2024 Purchase of Common Stock 3,335 $6.2000 3 08/16/2024 Purchase of Common Stock 8,941 $6.0500 4 08/19/2024 Purchase of Common Stock 9,217 $6.2700 5 08/21/2024 325 Capital LLC (through the SMAs) Purchase of Common Stock 7,131 $6.1000 1 08/14/2024 Purchase of Common Stock 896 $6.2400 2 08/15/2024 Purchase of Common Stock 50,953 $6.2000 3 08/16/2024 Purchase of Common Stock 136,608 $6.0500 4 08/19/2024 Purchase of Common Stock 603 $6.2700 5 08/21/2024 1 The price reported is a weighted average price. These Shares were purchases in multiple transactions ranging from $6.0950 to $6.1000 per Share. The Reporting Persons undertake to provide to the Issuer, any security of the Issuer

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View this SC 13D/A filing on SEC EDGAR