Osmium Partners Amends Kirkland's 13D Filing

TL;DR

Osmium Partners updated their Kirkland's stake filing. Watch for potential activist moves.

AI Summary

Osmium Partners, LLC, through its affiliates, filed an amendment to its Schedule 13D on October 21, 2024, regarding Kirkland's, Inc. The filing indicates a change in beneficial ownership, with John H. Lewis and various Osmium entities listed as group members. This amendment likely reflects updated holdings or strategic actions concerning Kirkland's, Inc.

Why It Matters

This filing signals a potential shift in control or strategy for Kirkland's, Inc. as a significant shareholder updates their disclosures.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in strategy, which can introduce volatility.

Key Players & Entities

• Osmium Partners, LLC (company) — Filing entity
• Kirkland's, Inc. (company) — Subject company
• John H. Lewis (person) — Group member and authorized contact
• OSMIUM CAPITAL II, LP (company) — Group member
• OSMIUM CAPITAL, LP (company) — Group member
• OSMIUM DIAMOND, LP (company) — Group member
• OSMIUM SPARTAN, LP (company) — Group member

FAQ

Filing Documents

• ef20037474_sc13da.htm (SC 13D/A) — 180KB
• ef20037474_ex5.htm (EX-99.5) — 7KB
• 0001140361-24-043817.txt ( ) — 188KB

of the Schedule 13D is hereby amended and supplemented to include the following

Item 4 of the Schedule 13D is hereby amended and supplemented to include the following: On October 18, 2024, Osmium Partners delivered a letter to the Issuer expressing its support for proposed transactions between the Issuer and Beyond, Inc. and its intention for the Reporting Persons (i) to attend a meeting of the shareholders of the Issuer held to approve such transactions and (ii) to vote at such meeting any shares of Common Stock then held in favor of such transactions. The letter is attached as Exhibit 5 to this Schedule 13D Amendment and is incorporated by reference herein. Item 5. Interest in Securities of the Issuer. (a)-(b) The information contained in lines 7 to 11 and 13 of the cover pages of this Schedule 13D is incorporated herein by reference. The percentage ownership reflected in line 13 of the cover pages is based on 13,111,638 s hares of Common Stock outstanding on August 29, 2024, as disclosed in the Issuer's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on September 5, 2024. (c) None of the Reporting Persons have effected any transaction in Common Stock during the past sixty (60) days. (d) To the knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, the securities that are the subject of this Schedule 13D. (e) Not applicable. Item 7. Material to be Filed as Exhibits. 5 Letter from Osmium Partners to the Issuer, dated October 18, 2024

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: October 21, 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

View Full Filing

View this SC 13D/A filing on SEC EDGAR