Mill Road Capital Amends Natural Gas Services Stake

TL;DR

Mill Road Capital filed an update on their Natural Gas Services Group stake. Watch this space.

AI Summary

Mill Road Capital III, L.P. and Thomas E. Lynch have filed an amendment (Amendment No. 5) to their Schedule 13D on December 13, 2024, regarding their holdings in Natural Gas Services Group, Inc. The filing indicates a change in their beneficial ownership, though specific new percentage or share counts are not detailed in this excerpt. The filing is made under the Securities Exchange Act of 1934.

Why It Matters

This amendment signals a potential shift in the ownership structure or strategy of Natural Gas Services Group, Inc., which could influence its stock performance and corporate governance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to volatility and strategic changes for the subject company.

Key Players & Entities

• Mill Road Capital III, L.P. (company) — Filing entity
• Thomas E. Lynch (person) — Key contact for filing entity
• Natural Gas Services Group, Inc. (company) — Subject company
• Peter M. Rosenblum, Esq. (person) — Legal counsel for filing entity

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
• $7,876,995.05 — e of 792,799 shares of Common Stock for $7,876,995.05 using working capital from the Fund and

Filing Documents

• d902730dsc13da.htm (SC 13D/A) — 71KB
• 0001193125-24-278761.txt ( ) — 72KB

From the Filing

SC 13D/A 1 d902730dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* Natural Gas Services Group, Inc. (Name of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securities) 63886Q109 (CUSIP Number) Mill Road Capital III, L.P. Attn: Thomas E. Lynch 328 Pemberwick Road Greenwich, CT 06831 203-987-3500 With a copy to: Peter M. Rosenblum, Esq. Foley Hoag LLP 155 Seaport Blvd. Boston, MA 02210 617-832-1151 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 11, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are sent. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 63886Q109 13D Page 2 of 7 Pages 1. Names of Reporting Persons. Mill Road Capital III, L.P. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 792,799 8. Shared Voting Power 9. Sole Dispositive Power 792,799 10. Shared Dispositive Power 11. Aggregate Amount Beneficially Owned by Each Reporting Person 792,799 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 6.4% 14. Type of Reporting Person (See Instructions) PN CUSIP No. 63886Q109 13D Page 3 of 7 Pages 1. Names of Reporting Persons Mill Road Capital III GP LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) AF 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 792,799 8. Shared Voting Power 9. Sole Dispositive Power 792,799 10. Shared Dispositive Power 11. Aggregate Amount Beneficially Owned by Each Reporting Person 792,799 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 6.4% 14. Type of Reporting Person (See Instructions) OO CUSIP No. 63886Q109 13D Page 4 of 7 Pages 1. Names of Reporting Persons. Thomas E. Lynch 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) AF 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 8. Shared Voting Power 792,799 9. Sole Dispositive Power 10. Shared Dispositive Power 792,799 11. Aggregate Amount Beneficially Owned by Each Reporting Person 792,799 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 6.4% 14. Type of Reporting Person (See Instructions) HC; IN CUSIP No. 63886Q109 Page 5 of 7 Pages This Amendment No. 5 to the joint statement on Schedule 13D with respect to the common stock, par value $0.01 per share (the Common Stock ), of Natural Gas Services Group, Inc., a Colorado corporation (the Issuer ), filed by Mill Road Capital III, L.P., a Cayman Islands exempted limited partnership (the Fund ), Mill Road Capital III GP LLC, a Cayman Islands limited liability company and the sole general partner of the Fund (the GP ), and Thomas E. Lynch (together with the Fund and the

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