MCB PR Capital Discloses Significant Stake in Whitestone REIT

TL;DR

**MCB PR Capital just revealed a big stake in Whitestone REIT, signaling potential shake-ups ahead.**

AI Summary

MCB PR Capital LLC, along with MCB Acquisitions Manager LLC and P. David Bramble, filed an SC 13G on February 7, 2024, indicating they collectively hold a significant stake in Whitestone REIT. This filing, triggered by an event on February 5, 2024, signals that these entities have acquired a substantial ownership position, potentially positioning them to influence the company's future direction. This matters to investors because a large, active shareholder group could push for strategic changes, asset sales, or operational improvements, which might impact the stock's value.

Why It Matters

A new, large shareholder group could advocate for changes at Whitestone REIT, potentially affecting its strategy and stock performance.

Risk Assessment

Risk Level: medium — The entry of a new significant shareholder group can introduce both opportunities and uncertainties, leading to medium risk.

Analyst Insight

Investors should monitor future communications from MCB PR Capital LLC and Whitestone REIT for potential strategic shifts or activist campaigns, as a significant new shareholder group often signals upcoming changes.

Key Players & Entities

• MCB PR Capital LLC (company) — filing entity and group member
• Whitestone REIT (company) — subject company of the filing
• MCB Acquisitions Manager LLC (company) — group member
• P. David Bramble (person) — group member
• $0.001 (dollar_amount) — par value per share of Whitestone REIT Common Stock

Forward-Looking Statements

• MCB PR Capital LLC and its group members will seek to engage with Whitestone REIT's management or board to influence strategic decisions. (Whitestone REIT) — medium confidence, target: Within 6-12 months

FAQ

Key Financial Figures

• $0.001 — E REIT (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• mcbpr_sch13g.htm (SC 13G) — 61KB
• 0001683168-24-000758.txt ( ) — 62KB

(A)

ITEM 1(A). NAME OF ISSUER WHITESTONE REIT

(B)

ITEM 1(B). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES 2600 SOUTH GESSNER SUITE 500 HOUSTON TX 77063

(A)

ITEM 2(A). NAME OF PERSONS FILING This Schedule 13G is filed on behalf of MCB PR Capital LLC (“MCB”). It is filed on behalf of MCB with respect to the shares of Common Stock of the Issuer directly owned by it. It is also filed on behalf of (i) MCB Acquisitions Manager LLC, a Maryland limited liability company (“Acquisitions”), the sole Manager of MCB and (ii) P. David Bramble, the sole member of Acquisitions, each of which may be deemed to indirectly beneficially own the shares of Common Stock reported herein that are directly beneficially owned by MCB. MCB, Acquisitions and P. David Bramble are collectively referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein.

(B)

ITEM 2(B). ADDRESS OF PRINCIPAL OFFICE The address of the business office of each of the Reporting Persons is 2002 Clipper Park Road, Suite 105, Baltimore, Maryland 21211.

(C)

ITEM 2(C). CITIZENSHIP MCB is a limited liability company organized under the laws of the is a citizen of the United States.

(D)

ITEM 2(D). TITLE OF CLASS OF SECURITIES Common Stock, $0.001 par value per share.

(E)

ITEM 2(E). CUSIP NUMBER 966084204 5 ITEM 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a : This Item 3 is not applicable. ITEM 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each Reporting Person. The following information with respect to the beneficial ownership of the Common Stock of the Issuer by the Reporting Persons is calculated based on the last reported outstanding share information for the Issuer, from if Quarterly Report on Form 10-Q for the nine months ended September 30, 2023. (a) Amount beneficially owned : See Row 9 of cover page for each Reporting Person. (b) Percent of Class : See Row 11 of cover page for each Reporting Person. (c) Number of shares as to which such person has : (i) Sole power to vote or to direct the vote : See Row 5 of cover page for each Reporting Person. (ii) Shared power to vote or to direct the vote : See Row 6 of cover page for each Reporting Person. (iii) Sole power to dispose or to direct the disposition of : See Row 7 of cover page for each Reporting Person. (iv) Shared power to dispose or to direct the disposition of : See Row 8 of cover page for each Reporting Person. 6 ITEM 5. Not Applicable. ITEM 6. Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP . Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP . Not Applicable. ITEM 10. CERTIFICATION . By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquir

View Full Filing

View this SC 13G filing on SEC EDGAR