SC 13G: DMC Global Inc.
Ticker: BOOM · Form: SC 13G · Filed: Nov 1, 2024 · CIK: 34067
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by DMC Global Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,811 words · 7 min read · ~6 pages · Grade level 9.5 · Accepted 2024-11-01 17:45:11
Key Financial Figures
- $0.05 — l Inc. (Name of Issuer) Common Stock, $0.05 Par Value (Title of Class of Securitie
Filing Documents
- e663987_sc13g-dmc.htm (SC 13G) — 153KB
- e663987_ex99-1.htm (EX-99.1) — 7KB
- 0001193805-24-001300.txt ( ) — 162KB
(a). Name of Issuer
Item 1(a). Name of Issuer: DMC Global Inc., a Delaware corporation (the “Issuer”).
(b). Address of Issuer’s Principal Executive Offices
Item 1(b). Address of Issuer’s Principal Executive Offices: 11800 Ridge Parkway, Suite 300, Broomfield, Colorado 80021.
(a). Name of Person Filing
Item 2(a). Name of Person Filing
(b). Address of Principal Business Office or, if None, Residence
Item 2(b). Address of Principal Business Office or, if None, Residence
(c). Citizenship
Item 2(c). Citizenship Voss Value Master Fund, L.P. (“Voss Value Master Fund”) 3773 Richmond, Suite 500 Houston, Texas 77046 Citizenship: Cayman Islands Voss Value-Oriented Special Situations Fund, L.P. (“Voss Value-Oriented Special Situations Fund”) 3773 Richmond, Suite 500 Houston, Texas 77046 Citizenship: Texas Voss Advisors GP, LLC (“Voss GP”) 3773 Richmond, Suite 500 Houston, Texas 77046 Citizenship: Texas Voss Capital, L.P. (“Voss Capital”), 3773 Richmond, Suite 500 Houston, Texas 77046 Citizenship: Texas Travis W. Cocke 3773 Richmond, Suite 500 Houston, Texas 77046 Citizenship: USA Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”
(d). Title of Class of Securities
Item 2(d). Title of Class of Securities: Common Stock, $0.05 Par Value (the “Shares”).
(e). CUSIP Number
Item 2(e). CUSIP Number: 23291C103 7 CUSIP No. 23291C103
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not applicable. (a) Broker or dealer registered under Section 15 of the Exchange Act. (b) Bank as defined in Section 3(a)(6) of the Exchange Act. (c) Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) Investment company registered under Section 8 of the Investment Company Act. (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j) A non-U.S. institution, in accordance with Rule 13d-1(b)(1)(ii)(J). (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____
Ownership
Item 4. Ownership (a) Amount beneficially owned: As of the close of business on November 1, 2024: (i) Voss Value Master Fund beneficially owned 324,077 Shares. (ii) Voss Value-Oriented Special Situations Fund beneficially owned 24,000 Shares. (iii) Voss GP, as the general partner of Voss Value Master Fund and Voss Value-Oriented Special Situations Fund, may be deemed the beneficial owner of the (i) 324,077 Shares beneficially owned by Voss Value Master Fund and (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund. (iv) Voss Capital, as the investment manager of Voss Value Master Fund, Voss Value-Oriented Special Situations Fund and certain accounts managed by Voss Capital (the “Voss Managed Accounts”), may be deemed the beneficial owner of the (i) 324,077 Shares beneficially owned by Voss Value Master Fund, (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund and (iii) 826,000 Shares held in the Voss Managed Accounts. 8 CUSIP No. 23291C103 (v) Mr. Cocke, as the managing member of each of Voss Capital and Voss GP, may be deemed the beneficial owner of the (i) 324,077 Shares owned by Voss Value Master Fund, (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund and (iii) 826,000 Shares held in the Voss Managed Accounts. (b) Percent of class: The aggregate percentage of the Shares reported owned by each person named herein is based upon 20,038,774 Shares outstanding as of July 30, 2024, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024. As of the close of business on November 1, 2024: (i) Voss Value Master Fund may be deemed to beneficially own approximately 1.6% of the outstanding Shares; (ii) Voss Value-Oriented Special Situations Fund may be deemed to beneficially own less than 1% of the outstanding Shares; (
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. Not applicable.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.
Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the
Item 7. Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. See Exhibit 99.1.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certifications
Item 10. Certifications. By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 10 CUSIP No. 23291C103 SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: November 1, 2024 VOSS VALUE MASTER FUND, L.P. By: Voss Advisors GP, LLC General Partner By: /s/ Travis W. Cocke Name: Travis W. Cocke Title: Managing Member VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND, L.P. By: Voss Advisors GP, LLC General Partner By: /s/ Travis W. Cocke Name: Travis W. Cocke Title: Managing Member VOSS ADVISORS GP, LLC By: /s/ Travis W. Cocke Name: Travis W. Cocke Title: Managing Member VOSS CAPITAL, L.P. By: /s/ Travis W. Cocke Name: Travis W. Cocke Title: Managing Member /s/ Travis W. Cocke Travis W. Cocke 11