Amended Statement of Ownership (sc 13g/a)
February 14 2018 - 06:15PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
13G/A
Under the Securities Exchange Act of 1934*
(Amendment No. 1)
Advanced
Emissions Solutions, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
00770C101
(CUSIP Number)
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
Check the
appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule
13d-1(b)
☒ Rule
13d-1(c)
☐ Rule
13d-1(d)
*
|
The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
|
The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Coliseum Capital Management, LLC
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
634,369
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
634,369
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
634,369
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
3.0%
|
12.
|
|
Type of Reporting Person (See
Instructions)
OO, IA
|
Page 2 of 9 Pages
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Coliseum Capital, LLC
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
492,443
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
492,443
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
492,443
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
2.3%
|
12.
|
|
Type of Reporting Person (See
Instructions)
OO
|
Page 3 of 9 Pages
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Coliseum Capital Partners, L.P.
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
383,236
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
383,236
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
383,236
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
1.8%
|
12.
|
|
Type of Reporting Person (See
Instructions)
PN
|
Page 4 of 9 Pages
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Coliseum Capital Partners II, L.P.
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
109,207
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
109,207
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
109,207
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
0.5%
|
12.
|
|
Type of Reporting Person (See
Instructions)
PN
|
Page 5 of 9 Pages
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Adam Gray
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
United States
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
634,369
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
634,369
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
634,369
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
3.0%
|
12.
|
|
Type of Reporting Person (See
Instructions)
IN
|
Page 6 of 9 Pages
CUSIP NO. 00770C101
|
|
|
|
|
|
|
1.
|
|
Names of
Reporting Persons
Christopher Shackelton
|
2.
|
|
Check the Appropriate Box if a Member
of a Group (See Instructions)
(a) ☐ (b) ☒
|
3.
|
|
SEC Use Only
|
4.
|
|
Citizenship or Place of
Organization
United States
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
|
|
5.
|
|
Sole Voting Power
0
|
|
6.
|
|
Shared Voting Power
634,369
|
|
7.
|
|
Sole Dispositive Power
0
|
|
8.
|
|
Shared Dispositive Power
634,369
|
9.
|
|
Aggregate Amount Beneficially Owned by Each Reporting Person
634,369
|
10.
|
|
Check if the Aggregate Amount in Row
(9) Excludes Certain Shares (See Instructions)
☐
|
11.
|
|
Percent of Class Represented by Amount
in Row (9)
3.0%
|
12.
|
|
Type of Reporting Person (See
Instructions)
IN
|
Page 7 of 9 Pages
CUSIP NO. 00770C101
Explanatory Note:
This Amendment No. 1 (this Amendment) to the Schedule 13G filed
with the Securities and Exchange Commission on May 12, 2017 by the Reporting Persons (as defined below) relating to Advanced Emissions Solutions, Inc., a Delaware corporation (the Issuer), amends and supplements certain of the items
set forth therein.
As used in this Amendment, the term Reporting Persons collectively refers to:
|
|
|
Coliseum Capital Management, LLC (CCM);
|
|
|
|
Coliseum Capital, LLC (CC);
|
|
|
|
Coliseum Capital Partners, L.P. (CCP);
|
|
|
|
Coliseum Capital Partners II, L.P. (CCP2);
|
|
|
|
Adam Gray (Gray); and
|
|
|
|
Christopher Shackelton (Shackelton).
|
The information relating to the beneficial ownership of common stock, par
value $0.001 (Common Stock) by each of the Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.
The ownership percentage of each Reporting Person set forth in Row 11 of the cover pages hereto has been calculated based on an assumed total
of 21,089,470 shares of Common Stock outstanding as of November 1, 2017, as reported in the Issuers Quarterly Report on Form
10-Q,
as filed with the Commission on November 6, 2017.
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 person has ceased to be the beneficial owner of more than five percent of the class securities, check the following ☒
Item 8.
|
Identification and Classification of Members of the Group.
|
The Reporting Persons may be
deemed to be members of a group with respect to the Common Stock owned of record by CCP, CCP2 and a separate account managed by CCM (the Separate Account). CCP is the record owner of 383,236 shares of Common Stock, CCP2 is the record
owner of 109,207 shares of Common Stock, and the Separate Account is the record owner of 141,926 shares of Common Stock.
By signing below, I certify that, to the best of my 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.
Page 8 of 9 Pages
SIGNATURES
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.
Dated: February 14, 2018
|
|
|
COLISEUM CAPITAL MANAGEMENT, LLC
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
|
COLISEUM CAPITAL PARTNERS, L.P.
|
|
|
By:
|
|
Coliseum Capital, LLC, General Partner
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
|
CHRISTOPHER SHACKELTON
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
|
|
|
COLISEUM CAPITAL, LLC
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
|
COLISEUM CAPITAL PARTNERS II, L.P.
|
|
|
By:
|
|
Coliseum Capital, LLC, General Partner
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
|
ADAM GRAY
|
|
|
By:
|
|
/s/ Chivonne Cassar
|
|
|
Chivonne Cassar,
Attorney-in-fact
|
Advanced Emissions Solut... (NASDAQ:ADES)
Historical Stock Chart
From Feb 2024 to Mar 2024
Advanced Emissions Solut... (NASDAQ:ADES)
Historical Stock Chart
From Mar 2023 to Mar 2024