Amended Statement of Ownership (sc 13g/a)
February 17 2015 - 01:01PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE
13G/A
(Amendment No. 4)
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Cardica, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
14141R101
(CUSIP Number)
December 31, 2014
(Date of Event Which Requires Filing of this Statement)
Check the
appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule
13d-1(b)
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
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CUSIP No. 14141R101 |
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13G/A |
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1 |
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NAME OF
REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Prescott Group Capital Management, L.L.C. |
2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP* (a) ¨ (b) ¨ |
3 |
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SEC USE ONLY
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4 |
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CITIZENSHIP OR PLACE OF
ORGANIZATION State of Oklahoma |
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH |
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5 |
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SOLE VOTING POWER
3,193,781 |
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6 |
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SHARED VOTING POWER
0 |
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7 |
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SOLE DISPOSITIVE POWER
3,193,781 |
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8 |
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SHARED DISPOSITIVE POWER
0 |
9 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,193,781 |
10 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*
¨ |
11 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9 3.6%** |
12 |
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TYPE OF REPORTING PERSON*
IA |
* |
SEE INSTRUCTIONS BEFORE FILLING OUT |
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CUSIP No. 14141R101 |
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13G/A |
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1 |
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NAME OF
REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Prescott Group Aggressive Small Cap, L.P. |
2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP* (a) ¨ (b) ¨ |
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SEC USE ONLY
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4 |
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CITIZENSHIP OR PLACE OF
ORGANIZATION State of Oklahoma |
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH |
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5 |
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SOLE VOTING POWER
0 |
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6 |
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SHARED VOTING POWER
3,193,781 |
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7 |
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SOLE DISPOSITIVE POWER
0 |
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8 |
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SHARED DISPOSITIVE POWER
3,193,781 |
9 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,193,781 |
10 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*
¨ |
11 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9 3.6%** |
12 |
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TYPE OF REPORTING PERSON*
PN |
* |
SEE INSTRUCTIONS BEFORE FILLING OUT |
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CUSIP No. 14141R101 |
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13G/A |
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1 |
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NAME OF
REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Prescott Group Aggressive Small Cap II, L.P. |
2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP* (a) ¨ (b) ¨ |
3 |
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SEC USE ONLY
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4 |
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CITIZENSHIP OR PLACE OF
ORGANIZATION State of Oklahoma |
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH |
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5 |
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SOLE VOTING POWER
0 |
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6 |
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SHARED VOTING POWER
3,193,781 |
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7 |
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SOLE DISPOSITIVE POWER
0 |
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8 |
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SHARED DISPOSITIVE POWER
3,193,781 |
9 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,193,781 |
10 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*
¨ |
11 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9 3.6%** |
12 |
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TYPE OF REPORTING PERSON*
PN |
* |
SEE INSTRUCTIONS BEFORE FILLING OUT |
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CUSIP No. 14141R101 |
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13G/A |
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1 |
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NAME OF
REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Phil Frohlich |
2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP* (a) ¨ (b) ¨ |
3 |
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SEC USE ONLY
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4 |
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CITIZENSHIP OR PLACE OF
ORGANIZATION U.S. Citizen |
NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH |
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5 |
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SOLE VOTING POWER
3,193,781 |
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6 |
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SHARED VOTING POWER
0 |
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7 |
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SOLE DISPOSITIVE POWER
3,193,781 |
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8 |
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SHARED DISPOSITIVE POWER
0 |
9 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,193,781 |
10 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*
¨ |
11 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9 3.6%** |
12 |
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TYPE OF REPORTING PERSON*
IN |
* |
SEE INSTRUCTIONS BEFORE FILLING OUT |
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SCHEDULE 13G/A
This Amendment No. 4 (this Amendment) to the Schedule 13G (the Schedule 13G) is being filed on behalf of Prescott
Group Capital Management, L.L.C., an Oklahoma limited liability company (Prescott Capital), Prescott Group Aggressive Small Cap, L.P., an Oklahoma limited partnership (Prescott Small Cap), Prescott Group Aggressive Small Cap
II, L.P., an Oklahoma limited partnership (Prescott Small Cap II and together with Prescott Small Cap, the Small Cap Funds), and Mr. Phil Frohlich, the principal of Prescott Capital, relating to shares of Common Stock,
$0.001 par value per share (the Common Stock), of Cardica, Inc., a Delaware corporation (the Issuer).
This
Amendment relates to shares of Common Stock of the Issuer purchased by the Small Cap Funds through the account of Prescott Group Aggressive Small Cap Master Fund, G.P., an Oklahoma general partnership (Prescott Master Fund), of which the
Small Cap Funds are general partners. Prescott Capital serves as the general partner of the Small Cap Funds and may direct the Small Cap Funds, the general partners of Prescott Master Fund, to direct the vote and disposition of the 3,193,781 shares
of Common Stock held by Prescott Master Fund. As the principal of Prescott Capital, Mr. Frohlich may direct the vote and disposition of the 3,193,781 shares of Common Stock held by Prescott Master Fund.
This Amendment amends and restates the Schedule 13G as follows.
Item 1(a) |
Name of Issuer. |
Cardica, Inc.
Item 1(b) |
Address of Issuers Principal Executive Offices. |
900 Saginaw Drive
Redwood City, California 94063
Item 2(a) |
Name of Person Filing. |
Prescott Group Capital Management, L.L.C. (Prescott
Capital), Prescott Group Aggressive Small Cap, L.P. (Prescott Small Cap), Prescott Group Aggressive Small Cap II, L.P. (Prescott Small Cap II and together with Prescott Small Cap, the Small Cap Funds) and
Mr. Phil Frohlich.
Item 2(b) |
Address of Principal Business Office, or, if none, Residence. |
1924 South Utica, Suite
1120
Tulsa, Oklahoma 74104-6529
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Item 2(c) |
Citizenship or Place of Organization. |
Prescott Capital is an Oklahoma limited liability
company. The Small Cap Funds are Oklahoma limited partnerships. Mr. Phil Frohlich is the principal of Prescott Capital and is a U.S. citizen.
Item 2(d) |
Title of Class of Securities. |
Common Stock, $0.001 par value per share (the
Common Stock).
14141R101
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether
the person filing is a:
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(a) |
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
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(b) |
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
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(c) |
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
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(d) |
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
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(e) |
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An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E). |
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(f) |
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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). |
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(g) |
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A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G). |
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(h) |
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
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(i) |
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A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). |
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(j) |
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Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
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(a) |
Prescott Capital is the beneficial owner of 3,193,781 shares of Common Stock and Mr. Phil Frohlich is the beneficial owner of 3,193,781 shares of Common Stock. |
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(b) |
Prescott Capital and Mr. Phil Frohlich are the beneficial owners of 3.6% of the outstanding shares of Common Stock. This percentage is determined by dividing 3,193,781 by 88,955,216, the number of shares of Common
Stock issued and outstanding as of November 6, 2014, as reported in the Issuers 10-Q filed on November 12, 2014. |
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(c) |
Prescott Capital, as the general partner of the Small Cap Funds, the general partners of Prescott Master Fund, may direct the Small Cap Funds to direct the vote and disposition of the 3,193,781 shares of Common Stock
held by Prescott Master Fund. As the principal of Prescott Capital, Mr. Phil Frohlich may direct the vote and disposition of the 3,193,781 shares of Common Stock held by Prescott Master Fund. |
Item 5 |
Ownership of Five Percent or Less of a Class. |
If this statement is being filed to
report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owners of more than five percent of the class of securities, check the following [X].
Item 6 |
Ownership of More Than Five Percent on Behalf of Another Person. |
Inapplicable.
Item 7 |
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. |
Inapplicable.
Item 8 |
Identification and Classification of Members of the Group. |
Inapplicable.
Item 9 |
Notice of Dissolution of Group. |
Inapplicable.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary course of business and 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.
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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.
Date: February 13, 2015
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Prescott Group Capital Management, L.L.C. |
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By: |
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/s/ Phil Frohlich |
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PHIL FROHLICH, Managing Member |
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Prescott Group Aggressive Small Cap, L.P. |
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By: Prescott Group Capital Management, L.L.C., its general partner |
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By: |
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/s/ Phil Frohlich |
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PHIL FROHLICH, Managing Member |
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Prescott Group Aggressive Small Cap II, L.P. |
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By: Prescott Group Capital Management, L.L.C., its general partner |
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By: |
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/s/ Phil Frohlich |
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PHIL FROHLICH, Managing Member |
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/s/ Phil Frohlich |
Phil Frohlich |
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