Shemer Amends Stake in Parke Bancorp

TL;DR

Shemer filed an amendment on his Parke Bancorp stake. Details TBD.

AI Summary

Jacob Shemer, through an amendment filed on June 14, 2024, has updated his Schedule 13D filing concerning Parke Bancorp, Inc. The filing indicates a change in his beneficial ownership of the company's common stock. Specific details regarding the exact percentage or number of shares acquired or disposed of in this amendment are not provided in the excerpt.

Why It Matters

Changes in beneficial ownership filings like this can signal shifts in investor sentiment or strategy, potentially influencing the stock price of Parke Bancorp.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant stake changes by major investors, which can lead to increased volatility.

Key Players & Entities

• Parke Bancorp, Inc. (company) — Subject company
• Jacob Shemer (person) — Filing person
• Geoffrey R. Morgan (person) — Authorized to receive notices
• Croke Fairchild Duarte & Beres LLC (company) — Legal counsel

FAQ

Key Financial Figures

• $0.10 — me of Issuer) Common Stock, par value $0.10 per share (Title of Class of Securiti

Filing Documents

• formsc13da.htm (SC 13D/A) — 158KB
• ex1.htm (EX-1) — 13KB
• 0001493152-24-024085.txt ( ) — 172KB

From the Filing

SC 13D/A 1 formsc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No. 2 Parke Bancorp, Inc. (Name of Issuer) Common Stock, par value $0.10 per share (Title of Class of Securities) 700885106 (Cusip Number) Geoffrey R. Morgan Croke Fairchild Duarte & Beres LLC 180 N. LaSalle Street, Suite 3400 Chicago, IL 60601 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 14, 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 Rule 13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. *The remainder of this cover page shall be filled out for a reporting person’s 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). SCHEDULE 13D CUSIP No. 700885106 1 Name of Reporting Person: I.R.S. Identification Nos. of Above Person (entities only): Jacob Shemer 2 Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) 3 SEC Use Only: 4 Source of Funds (See Instruction): WC 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): 6 Citizenship or Place of Organization: Israel Number of Shares Beneficially Owned by Each Reporting Person With 7 Sole Voting Power: 0 8 Shared Voting Power: 710,006 9 Sole Dispositive Power: 0 10 Shared Dispositive Power: 710,006 11 Aggregate Amount Beneficially Owned by Each Reporting Person: 710,006 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13 Percent of Class Represented by Amount in Row (11): 5.93% 1 14 Type of Reporting Person (See Instructions): IN 1 Based on 11,962,821 shares of Common Stock outstanding as of May 3, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2024. SCHEDULE 13D CUSIP No. 700885106 1 Name of Reporting Person: I.R.S. Identification Nos. of Above Person (entities only): Alphabeta Ai Multi Strategy, LP 2 Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) 3 SEC Use Only: 4 Source of Funds (See Instruction): 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: 8,253 8 Shared Voting Power: — 9 Sole Dispositive Power: 8,253 10 Shared Dispositive Power: — 11 Aggregate Amount Beneficially Owned by Each Reporting Person: 8,253 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13 Percent of Class Represented by Amount in Row (11): Less than 1% 2 14 Type of Reporting Person (See Instructions): PN 2 Based on 11,962,821 shares of Common Stock outstanding as of May 3, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2024. SCHEDULE 13D CUSIP No. 700885106 1 Name of Reporting Person: I.R.S. Identification Nos. of Above Person (entities only): Ron Shemer 2 Check the Appropriate Box if a Member of a Group (See Instructions): (a) (b) 3 SEC Use Only: 4 Source of Funds (See Instruction): PF 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): 6 Citizenship or Place of Organization: Israel and United States Number of Shares Beneficially Owned by Each Reporting Person With 7 Sole Voting Power: 8,400 8 Shared Voting Power: 710,006 9 Sole Dispositive Power: 8,400 10 Shared Dispositive Power: 710,006 11 Aggregate Amount Beneficially Owned by Each Reporting Person: 718,406 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13 Percent of Class Represented by Amount in Row (11): 6.00 % 3 14 Type of Reporting Person (See Instructions): IN 3 Based on 11,962,821 shares of Common Stock outstanding as of May 3, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 8, 2

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View this SC 13D/A filing on SEC EDGAR