Solus AM Files 13D/A for Bristow Group Inc.
Ticker: VTOL · Form: SC 13D/A · Filed: Sep 4, 2024 · CIK: 1525221
| Field | Detail |
|---|---|
| Company | Bristow Group Inc. (VTOL) |
| Form Type | SC 13D/A |
| Filed Date | Sep 4, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing
TL;DR
Solus AM updated its stake in Bristow Group Inc. on 9/4/24.
AI Summary
Solus Alternative Asset Management LP, through its affiliate, has amended its Schedule 13D filing regarding Bristow Group Inc. The filing, dated September 4, 2024, indicates a change in beneficial ownership. Solus Alternative Asset Management LP is based in Summit, NJ.
Why It Matters
This filing signals a potential shift in the ownership structure or strategy of Bristow Group Inc., which could impact its stock price and future operations.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.
Key Players & Entities
- Solus Alternative Asset Management LP (company) — Filing entity
- Bristow Group Inc. (company) — Subject company
- Christopher Pucillo (person) — Associated with Solus Alternative Asset Management LP
- Eleazer Klein, Esq. (person) — Legal counsel
- Adriana Schwartz, Esq. (person) — Legal counsel
- Schulte Roth & Zabel LLP (company) — Legal counsel
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment to a Schedule 13D, indicating a change in the beneficial ownership of Bristow Group Inc. by Solus Alternative Asset Management LP.
Who is the filing entity and what is their role?
The filing entity is Solus Alternative Asset Management LP, which is reporting changes in its beneficial ownership of Bristow Group Inc. common stock.
When was this amendment filed?
This amendment was filed on September 4, 2024.
What is the business address of Bristow Group Inc.?
Bristow Group Inc.'s business address is 3151 Briarpark Drive, Suite 700, Houston, TX 77042.
What is the business address of Solus Alternative Asset Management LP?
Solus Alternative Asset Management LP's business address is 25 Maple Street, 2nd Floor, Summit, NJ 07901.
Filing Stats: 1,303 words · 5 min read · ~4 pages · Grade level 11.1 · Accepted 2024-09-04 20:19:49
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
Filing Documents
- p24-2739sc13da.htm (SC 13D/A) — 55KB
- 0000902664-24-005429.txt ( ) — 57KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: September 4, 2024 /s/ Christopher Pucillo CHRISTOPHER PUCILLO , individually and as managing member of Solus GP LLC, for itself and as the general partner of Solus Alternative Asset Management LP CUSIP No. 11040G103 SCHEDULE 13D/A Page 7 of 7 Pages Schedule A This Schedule sets forth information with respect to each purchase and sale of shares of Common Stock which were effectuated by the Reporting Persons within the past sixty (60)days. All transactions were effectuated in the open market through a broker. The price reported in the column Price Per Share ($) is a weighted average price if a price range is indicated in the column Price Range ($). These shares of Common Stock were purchased/sold in multiple transactions at prices between the price ranges below. The Reporting Persons will undertake to provide to the staff of the SEC, upon request, full information regarding the number of shares of Common Stock sold at each separate price. Trade Date Shares Purchased (Sold) Price Per Share ($)* Price Range ($)* 08/30/2024 (75,000) 39.4955 39.22 - 39.81 * Excluding commissions.