Coliseum Capital Amends Universal Technical Institute Filing
Ticker: UTI · Form: SC 13D/A · Filed: Dec 3, 2024 · CIK: 1261654
| Field | Detail |
|---|---|
| Company | Universal Technical Institute Inc (UTI) |
| Form Type | SC 13D/A |
| Filed Date | Dec 3, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, shareholder-activity, sec-filing
Related Tickers: UTI
TL;DR
Coliseum Capital filed an update on their Universal Technical Institute stake. Keep an eye on this.
AI Summary
Coliseum Capital Partners, L.P., along with Adam Gray and Christopher Shackelton, filed an amendment (No. 8) to their Schedule 13D on December 3, 2024, regarding their holdings in Universal Technical Institute Inc. The filing indicates a change in their beneficial ownership, though specific new dollar amounts or percentage changes are not detailed in this excerpt. The filing is an update to their previous disclosures concerning the educational services company.
Why It Matters
This amendment signals a potential shift in the investment strategy or stake of a significant shareholder in Universal Technical Institute, which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake changes, which can introduce volatility.
Key Players & Entities
- Coliseum Capital Partners, L.P. (company) — Filing entity
- Adam Gray (person) — Group member of filing entity
- Christopher Shackelton (person) — Group member of filing entity
- Universal Technical Institute Inc (company) — Subject company
- Coliseum Capital Management, LLC (company) — Filing entity
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership or the new percentage of shares held, only that an amendment (No. 8) has been filed.
When was this amendment filed with the SEC?
The filing was made on December 3, 2024.
Who are the primary entities filing this Schedule 13D/A?
The primary entities are Coliseum Capital Partners, L.P., Coliseum Capital Management, LLC, Adam Gray, and Christopher Shackelton.
What is the subject company of this filing?
The subject company is Universal Technical Institute Inc.
What is the business address of the filing entities?
The business address for Coliseum Capital Management, LLC is 105 Rowayton Avenue, Rowayton, CT 06853.
Filing Stats: 1,487 words · 6 min read · ~5 pages · Grade level 7.5 · Accepted 2024-12-03 16:35:28
Key Financial Figures
- $0.0001 — INC. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
Filing Documents
- d911274dsc13da.htm (SC 13D/A) — 92KB
- 0001193125-24-269958.txt ( ) — 94KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this DATED: December 3, 2024 COLISEUM CAPITAL MANAGEMENT, LLC COLISEUM CAPITAL, LLC By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact COLISEUM CAPITAL PARTNERS, L.P. ADAM GRAY By: Coliseum Capital, LLC, General Partner By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact CHRISTOPHER SHACKELTON By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact