SC 13G/A: NICHOLAS FINANCIAL INC

AI Summary

SC 13G/A filing by NICHOLAS FINANCIAL INC.

Risk Assessment

Risk Level: low

FAQ

Filing Documents

• nicholas_13ga1.htm (SC 13G/A) — 202KB
• ex_1.htm (EX-1) — 30KB
• ex_2.htm (EX-2) — 3KB
• 0001019056-24-000072.txt ( ) — 237KB

CAPITAL MANAGEMENT, LLC

PART V CAPITAL MANAGEMENT, LLC 2. check the appropriate box if a group* ( a) x ( b) o 3. sec use only 4. citizenship or place of organization Delaware number of shares 5. sole voting power 0 beneficially owned by 6. shared voting power 483,437 each reporting 7. sole dispositive power 0 person with: 8. shared dispositive power 483,437 9. aggregate amount beneficially owned by each reporting person 483,437 10. check box if the aggregate amount in row (9) excludes certain shares (See Instructions) o 11. percent of class represented by amount in row (9) 6.63% 12. type of reporting person (See Instructions) IA CUSIP No. 65373J209 13G Page 4 of 15 Pages 1. names of reporting persons i.r.s. identification no. of above persons (entities only) EDWARD A. COLLERY 2. check the appropriate box if a group* ( a) x ( b) o 3. sec use only 4. citizenship or place of organization UNITED STATES OF AMERICA number of shares 5. sole voting power 0 beneficially owned by 6. shared voting power 562,727 each reporting 7. sole dispositive power 0 person with: 8. shared dispositive power 562,727 9. aggregate amount beneficially owned by each reporting person 562,727 10. check box if the aggregate amount in row (9) excludes certain shares (See Instructions) o 11. percent of class represented by amount in row (9) 7.72% 12. type of reporting person (See Instructions) IN CUSIP No. 65373J209 13G Page 5 of 15 Pages 1. names of reporting persons i.r.s. identification no. of above persons (entities only) SC FUNDAMENTAL VALUE FUND, L.P. 2. check the appropriate box if a group* ( a) x ( b) o 3. sec use only 4. citizenship or place of organization DELAWARE number of shares 5. sole voting power 0 beneficially owned by 6. shared voting power 79,290 each reporting 7. sole dispositive power 0 person with: 8. shared dispositive power 79,290 9.

Capital Management, LLC

PART V Capital Management, LLC (iii) Edward A. Collery (iv) SC Fundamental Value Fund, L.P. (v) SC Fundamental LLC (vi) SC Fund Management LLC Profit Sharing Plan (vii) Peter M. Collery (viii) Neil H. Koffler (ix) John T. Bird and (a) Name of Person Filing: (x) David A. Hurwitz (together, the “Reporting Persons”). This Form is being filed by Pelham Investment Partners, LP (the “Pelham Fund”) on behalf of itself and PART V Capital Management, LLC (the “Pelham GP”), Edward A. Collery (“E. Collery”), SC Fundamental Value Fund, LP (the “SC Fund”), SC Fundamental, LLC (the “SC GP”), SC Fund Management LLC Profit Sharing Plan (the “Plan”) and Peter M. Collery (“P. Collery”), Neil H. Koffler (“Koffler”), John T. Bird (“Bird”) and David A. Hurwitz (“Hurwitz”). E. Collery is the managing member of the Pelham GP and a member of the SC GP. P. Collery is the President and a member of the SC GP and the Trustee of the Plan, Koffler, Bird and Hurwitz are Vice Presidents and members of the SC GP. (b) Address of Principal Business Office or, if none, Residence: The principal business office of each of the reporting persons is: 709 Main Street, 3rd Floor New Rochelle, NY 10801 (c), (d) and (e): For information with respect to citizenship or place of organization of each of the Reporting Persons, title of class of securities and CUSIP number for the shares held by such persons, see the appropriate cover page above. CUSIP No. 65373J209 13G Page 13 of 15 Pages Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (1

Ownership

Item 4. Ownership. (a)-(c) The response of each of the Reporting Persons to Items 5 through 12 of each of their respective Cover Sheets which relate to the beneficial and percentage ownership of the Common Stock of the Issuer is incorporated herein by reference to the appropriate Cover Sheets above. The percentage ownership of the Reporting Persons is based on the 7,289,000 outstanding shares of Common Stock of the Issuer as provided by the Issuer in its Form 10-Q for the quarterly period ended on September 20, 2023, filed on November 14, 2023. The Pelham GP is filing on behalf of the Pelham Fund, which owns 483,437 shares of Common Stock of the Issuer. The SC GP is filing on behalf of the SC Fund, which owns 79,290 shares of Common Stock of the Issuer. E. Collery is the managing member of the Pelham GP and a member of the SC GP. P. Collery, Koffler, Bird and Hurwitz are each members of the SC GP. The Plan owns 89,522 shares of Common Stock of the Issuer. P. Collery is the sole trustee of the Plan.

Ownership

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial

Ownership

Item 6. Ownership of More Than Five Percent on Behalf of Another Person . Not applicable.

Identification

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable. CUSIP No. 65373J209 13G Page 14 of 15 Pages

Identification

Item 8. Identification and Classification of Members of the Group. See Exhibit No. 2 hereto.

Notice

Item 9. Notice of Dissolution of Group. Not applicable.

Certification

Item 10. Certification. The following certification shall be included if the statement is filed pursuant to §240.13d-1(c): (a) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 65373J209 13G Page 15 of 15 Pages SIGNATURE 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 as of: February 14, 2024 PELHAM INVESTMENT PARTNERS, LP By: PART V Capital Management, LLC, its General Partner By: /s/ Edward A. Collery Name: Edward A. Collery Title: Member

CAPITAL MANAGEMENT, LLC

PART V CAPITAL MANAGEMENT, LLC By: /s/ Edward A. Collery Name: Edward A. Collery Title: Member /s/ Edward A. Collery Edward A. Collery SC FUNDAMENTAL VALUE FUND, L.P. By: SC Fundamental LLC, its General Partner By: /s/ Edward A. Collery Name: Edward A. Collery Title: Member SC FUNDAMENTAL LLC By: /s/ Edward A. Collery Name: Edward A. Collery Title: Member SC FUND MANAGEMENT LLC PROFIT SHARING PLAN By: /s/ Peter Collery, its trustee Name: Peter Collery Title: Trustee /s/ Edward A. Collery Edward A. Collery as Attorney-in-Fact for Peter M. Collery (1) /s/ Edward A. Collery Edward A. Collery as Attorney-in-Fact for Neil H. Koffler (2) /s/ Edward A. Collery Edward A. Collery as Attorney-in-Fact for John T. Bird (3) /s/ Edward A. Collery Edward A. Collery as Attorney-in-Fact for David A. Hurwitz (4) (1) Executed by Edward A. Collery as Attorney-in-Fact for Peter M. Collery. The Power of Attorney for Peter M. Collery attached as Exhibit 3 to the Statement on Schedule 13G with respect to the Common Stock of Nicholas Financial, Inc. filed by the parties hereto on July 24, 2023 is incorporated herein by reference. (2) Executed by Edward A. Collery as Attorney-in-Fact for Neil H. Koffler. The Power of Attorney for Neil H. Koffler attached as Exhibit 4 to the Statement on Schedule 13G with respect to the Common Stock of Nicholas Financial, Inc. filed by the parties hereto on July 24, 2023 is incorporated herein by reference. (3) Executed by Edward A. Collery as Attorney-in-Fact for John T. Bird. The Power of Attorney for John T. Bird attached as Exhibit 5 to the Statement on Schedule 13G with respect to the Common Stock of Nicholas Financial, Inc. filed by the parties hereto on July 24, 2023 is incorporated herein by reference. (4) Executed by Edward A. Collery as Attorney-in-Fact for David A. Hurwitz. The Power of Attorney for David A. Hurwitz attached as Exhibit 6 to the Statement on Schedule 13G with re

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