Osmium Partners Shifts Kirkland's Filing to 13D
Ticker: TBHC · Form: SC 13D/A · Filed: May 24, 2024 · CIK: 1056285
| Field | Detail |
|---|---|
| Company | Kirkland'S, INC (TBHC) |
| Form Type | SC 13D/A |
| Filed Date | May 24, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $18 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: activist-investor, filing-amendment, retail
Related Tickers: KIRK
TL;DR
Osmium Partners just switched their Kirkland's filing to a 13D. Watch this space.
AI Summary
Osmium Partners, LLC, through its affiliates including John H. Lewis, has amended its Schedule 13D filing for Kirkland's, Inc. on May 24, 2024. This amendment indicates a shift in their filing strategy from a 13G to a 13D, suggesting a more active or strategic interest in the company. The filing does not disclose specific new share acquisitions or changes in beneficial ownership percentage in this amendment.
Why It Matters
A switch from a 13G to a 13D filing often signals a more engaged or activist stance by an investor, potentially leading to changes in company strategy or management.
Risk Assessment
Risk Level: medium — The shift to a 13D filing implies a potentially more active investor role, which could lead to increased volatility or strategic changes for Kirkland's.
Key Players & Entities
- Osmium Partners, LLC (company) — Filing entity
- John H. Lewis (person) — Key individual associated with Osmium Partners
- Kirkland's, Inc. (company) — Subject company
- 497498105 (other) — CUSIP Number for Kirkland's, Inc. Common Stock
FAQ
Why did Osmium Partners amend their filing from a 13G to a 13D?
The filing states it is an Amendment No. 4 to Schedule 13G, indicating a conversion to a Schedule 13D, which typically signifies a more active investment strategy or a change in intent.
What is the date of this amendment?
The filing was made on May 24, 2024.
Who is the subject company?
The subject company is Kirkland's, Inc.
What is the CUSIP number for Kirkland's, Inc. Common Stock?
The CUSIP number is 497498105.
Who is authorized to receive notices for this filing?
John H. Lewis of Osmium Partners, LLC, located at 5 Ross Ave, San Anselmo, CA 94960, is authorized to receive notices.
Filing Stats: 2,223 words · 9 min read · ~7 pages · Grade level 14.3 · Accepted 2024-05-24 17:42:35
Key Financial Figures
- $18 million — ed by each of them in the aggregate was $18 million from working capital. One or more of t
Filing Documents
- ef20029984_sc13da.htm (SC 13D/A) — 180KB
- ef20029984_ex3.htm (EX-99.3) — 15KB
- 0001140361-24-027490.txt ( ) — 197KB
SIGNATURES
SIGNATURES 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: May 24, 2024 John H. Lewis Osmium Partners, LLC Osmium Capital, LP Osmium Capital II, LP Osmium Spartan, LP Osmium Diamond, LP By: /s/ John H. Lewis John H. Lewis, for himself and as Managing Member of Osmium Partners, LLC, for itself and as General Partner of Osmium Capital, LP, Osmium Capital II, LP, Osmium Spartan, LP, and Osmium Diamond, LP