Plaisance Capital Amends Pure Cycle Corp Stake

TL;DR

Plaisance Capital just updated their Pure Cycle stake. Watch this space.

AI Summary

Plaisance Capital LLC has amended its Schedule 13D filing for Pure Cycle Corporation, reporting a change in beneficial ownership as of December 5, 2024. The filing indicates a shift in holdings, though specific new percentages or dollar amounts are not detailed in this excerpt. The amendment suggests ongoing activity or adjustments by Plaisance Capital concerning their investment in Pure Cycle Corporation.

Why It Matters

This amendment signals potential shifts in major shareholder influence or strategy for Pure Cycle Corporation, which could impact its stock performance and future direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to increased volatility and strategic changes for the company.

Key Players & Entities

• Plaisance Capital LLC (company) — Filing entity
• Pure Cycle Corporation (company) — Subject company

FAQ

Key Financial Figures

• $13.1 — n Stock 1/3 of $.01 par value 20,000 $13.1

Filing Documents

• d11540931_13d-a.htm (SC 13D/A) — 102KB
• 0000919574-24-007021.txt ( ) — 103KB

of Amendment No. 2 is hereby amended and supplemented

Item 4 of Amendment No. 2 is hereby amended and supplemented by adding the following: This Amendment No. 3 is being filed to report securities directly held by Daniel Kozlowski which were inadvertently excluded on Amendment No. 2. Item 5. Interest in Securities of the Issuer. (a)-(c)

of the Schedule 13D is hereby amended and restated

Item 5 of the Schedule 13D is hereby amended and restated as follows: As of the date hereof, Plaisance Capital, LLC may be deemed to be the beneficial owner of 2,668,778 shares of Common Stock or 11.1% of the shares of the Common Stock of the Issuer, Daniel Kozlowski may be deemed to be the beneficial owner of 3,014,769 shares of Common Stock or 12.5% of the shares of the Common Stock of the Issuer and Plaisance SPV I, LLC may be deemed to be the beneficial owner of 2,668,778 shares of Common Stock or 11.1% of the shares of the Common Stock of the Issuer, based upon the 24,073,094 shares of Common Stock outstanding as of November 11, 2024, according to the Form 10-K filed by the Issuer on November 13, 2024. Plaisance Capital, LLC has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 2,668,778 shares of Common Stock. Daniel Kozlowski has the sole power to vote or direct the vote of 345,991 shares of Common Stock and the shared power to vote or direct the vote of 2,668,778 shares of Common Stock. Plaisance SPV I, LLC has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or direct the vote of 2,668,778 shares of Common Stock. Plaisance Capital, LLC has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 2,668,778 shares of Common Stock. Daniel Kozlowski has the sole power to dispose or direct the disposition of 345,991 shares of Common Stock and the shared power to dispose or direct the disposition of 2,668,778 shares of Common Stock. Plaisance SPV I, LLC has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or direct the disposition of 2,668,778 shares of Common Stock. The transactions in the Common Stock by the Reporting Persons during the past sixty days are set forth in Exhibit B. The Reporting

of the Schedule 13D is amended and supplemented

Item 7 of the Schedule 13D is amended and supplemented as follows: Exhibit A: Joint Filing Agreement Exhibit B: Schedule of Transactions in the Common Stock SIGNATURE 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. December 5, 2024 (Date) PLAISANCE CAPITAL, LLC By: /s/ Daniel Kozlowski Daniel Kozlowski, Managing Member PLAISANCE SPV I, LLC By: Plaisance Capital, LLC, its managing member By: /s/ Daniel Kozlowski Daniel Kozlowski, Managing Member of Plaisance Capital, LLC DANIEL KOZLOWSKI /s/ Daniel Kozlowski Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). Exhibit A AGREEMENT The undersigned agree that this Schedule 13D, Amendment No. 3, dated December 5, 2024, relating to the Common Stock, 1/3 of $.01 par value of Pure Cycle Corporation shall be filed on behalf of the undersigned. December 5, 2024 ----------------------- (Date) PLAISANCE CAPITAL, LLC By: /s/ Daniel Kozlowski Daniel Kozlowski, Managing Member PLAISANCE SPV I, LLC By: Plaisance Capital, LLC, its managing member By: /s/ Daniel Kozlowski Daniel Kozlowski, Managing Member of Plaisance Capital, LLC DANIEL KOZLOWSKI /s/ Daniel Kozlowski Exhibit B Schedule of Transactions in Common Stock Date of Transaction Title of Class Number of Shares Acquired Number of Shares Disposed Price Per Share 11/21/2024 Common Stock 1/3 of $.01 par value 20,000 $13.1