Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend]
February 28 2024 - 3:26PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)*
Greenbrook TMS Inc. |
(Name of Issuer) |
Common Shares |
(Title of Class of Securities) |
Masters Special Situations, LLC
3060 Peachtree Road, NW, Suite 1425
Atlanta, Georgia 30305
Telephone- (404) 364-2021 |
(Name, Address and Telephone Number of Person Authorized
to Receive
Notices and Communications) |
February 26, 2024 |
(Date of Event Which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. |
|
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent. |
________________
* The remainder of this cover page shall be filled
out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on 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). |
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
MSS GB SPV LP |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
Delaware |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
8. |
SHARED VOTING POWER |
|
|
|
|
|
899,997 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
899,997 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
|
|
|
899,997 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
1.97% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
PN |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
Masters Special Situations, LLC |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
4. |
SOURCE OF FUNDS |
|
|
|
|
|
AF, WC |
|
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
Georgia |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
|
|
|
8. |
SHARED VOTING POWER |
|
|
|
|
|
899,997 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
899,997 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
|
|
|
899,997 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
1.97% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
IA, OO |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
MSS GB SPV LP |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
Delaware |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
8. |
SHARED VOTING POWER |
|
|
|
|
|
899,997 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
899,997 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
|
|
|
899,997 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
1.97% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
PN |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
MSS GB SPV GP, LLC |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
4. |
SOURCE OF FUNDS |
|
|
|
|
|
AF, WC |
|
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
Delaware |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
|
|
|
8. |
SHARED VOTING POWER |
|
|
|
|
|
899,997 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
899,997 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
899,997 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
1.97% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
OO |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
Masters Capital Management, LLC |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
4. |
SOURCE OF FUNDS |
|
|
|
|
|
AF, WC |
|
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
Georgia |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
|
|
|
8. |
SHARED VOTING POWER |
|
|
|
|
|
3,427,272 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
3,427,272 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
|
|
|
3,427,272 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
7.52% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
IA, OO |
|
1. |
NAME OF REPORTING PERSONS |
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
Michael Masters |
|
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
|
|
(a) |
[_] |
|
|
(b) |
[x] |
4. |
SOURCE OF FUNDS |
|
|
|
|
|
AF, WC |
|
5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
|
[_] |
|
|
|
6. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
|
|
|
|
|
United States of America |
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
|
|
|
8. |
SHARED VOTING POWER |
|
|
|
|
|
4,327,269 |
|
9. |
SOLE DISPOSITIVE POWER |
|
|
|
|
0 |
|
10. |
SHARES DISPOSITIVE POWER |
|
[_] |
|
|
|
|
4,327,269 |
|
11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING |
|
|
PERSON |
|
|
4,327,269 |
|
12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |
|
|
CERTAIN SHARES* |
|
|
|
|
13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
|
|
|
|
|
9.49% |
|
14. |
TYPE OF REPORTING PERSON |
|
|
|
|
|
IN, HC |
|
Item 1. |
Security and Issuer. |
|
|
This statement on Schedule 13D (the “Schedule 13D”) relates to the Common Shares of Greenbrook TMS Inc., an Ontario corporation with its principal executive offices located at 890 Yonge Street, 7th Floor, Toronto, Ontario, Canada M4W 3P4 (the “Issuer”). |
|
|
|
|
Item 2. |
Identity and Background. |
|
|
(a)-(c), (f) |
This Schedule 13D amendment is being filed jointly
by (i) Masters Special Situations, LLC, a Georgia limited liability company, (ii) MSS GB SPV LP, a Delaware limited partnership, (iii)
MSS GB SPV GP, LLC, a Delaware limited liability company, (iv) Masters Capital Management, LLC, a Georgia limited liability company and
(v) Michael Masters, a United States citizen (collectively, the “Reporting Persons”).
The principal business address of the Reporting Persons
is 3060 Peachtree Road, NW, Suite 1425, Atlanta, Georgia 30305.
Michael Masters is the controlling founder of Masters
Special Situations, LLC and Masters Capital Management, LLC, each an investment management firm that serves as the investment manager
to certain private funds, including MSS GB SPV LP. MSS GB SPV GP, LLC serves as the general partner of MSS GB SPV LP. |
|
|
(d) |
None of the Reporting Persons has, during the last
five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
|
|
|
(e) |
None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.
|
|
Item 3. |
Source and Amount of Funds or Other Consideration. |
|
|
The funds for the purchase of the Common Shares beneficially
owned by the Reporting Persons came from the working capital of MSS GB SPV LP and the private funds managed by Masters Capital Management,
LLC.
No borrowed funds were used to purchase the Shares,
other than any borrowed funds used for working capital purposes (including certain leverage arrangements) in the ordinary course of business. |
|
Item 4. |
Purpose of Transaction. |
|
|
The Common Shares held by the Reporting Persons were
acquired for investment purposes in the ordinary course of the Reporting Persons’ investment activities.
Except as otherwise set forth herein, the Reporting
Persons do not have any present plans or proposals which would relate to, or result in, the matters set forth in subparagraphs (a) –
(j) of Item 4 of Schedule 13D.
The Reporting Persons reserve the right, at a later
date, to effect one or more of such changes or transactions in the number of Shares they may be deemed to beneficially own. |
|
|
|
|
Item 5. |
Interest in Securities of the Issuer. |
|
|
(a)-(c)
|
As of the date hereof, (i) Michael Masters may be
deemed to be the beneficial owner of 4,327,269 Common Shares or 9.49% of the Common Shares of the Issuer, (ii) Masters Capital Management,
LLC may be deemed to be the beneficial owner of 3,427,272 Common Shares or 7.52% of the Common Shares of the Issuer, and (iii) each of
MSS GB SPV LP, MSS GB SPV GP, LLC and Masters Special Situations, LLC may be deemed to be the beneficial owner of 899,997 Common Shares
or 1.97% of the Common Shares of the Issuer, in each case based upon 45,602,260 Common Shares outstanding as of February 26, 2024 according
to the Issuer.
Michael Masters has the sole power to vote or direct
the vote of 0 Common Shares and the shared power to vote or direct the vote of 4,327,269 Common Shares.
Masters Capital Management, LLC has the sole power
to vote or direct the vote of 0 Common Shares and the shared power to vote or direct the vote of 3,427,272 Common Shares.
Each of MSS GB SPV LP, MSS GB SPV GP, LLC and Masters
Special Situations, LLC has the sole power to vote or direct the vote of 0 Common Shares and the shared power to vote or direct the vote
of 899,997 Common Shares.
Michael Masters has the sole power to dispose or direct
the disposition of 0 shares of Common Shares and the shared power to dispose or direct the disposition of 4,327,269 Common Shares
Masters Capital Management, LLC has the sole power
to dispose or direct the disposition of 0 shares of Common Shares and the shared power to dispose or direct the disposition of 3,427,272
Common Shares.
Each of MSS GB SPV LP, MSS GB SPV GP, LLC and Masters
Special Situations, LLC has the sole power to dispose or direct the disposition of 0 shares of Common Shares and the shared power to dispose
or direct the disposition of 899,997 Common Shares.
There have been no transactions by the Reporting Persons
in the Common Shares during the past sixty days.
The aforementioned Common Shares were acquired for
investment purposes. The Reporting Persons may acquire additional securities of the Issuer, dispose of all or some of these securities
from time to time, in each case in open market or private transactions, block sales or purchases or otherwise, or may continue to hold
the Common Shares.
The Reporting Persons specifically disclaim beneficial
ownership in the Common Shares reported herein except to the extent of their pecuniary interest therein. |
|
Item 6. |
Contracts, Arrangements, Understandings or Relationships with Respect |
|
|
to Securities of the Issuer. |
|
|
This Item is not applicable. |
|
|
|
|
Item 7. |
Material to be Filed as Exhibits. |
|
|
An agreement relating to the filing of a joint statement as required by Rule 13d-1(f) under the Securities Exchange Act of 1934 is filed herewith as Exhibit A. |
|
|
|
|
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.
|
MASTERS SPECIAL SITUATIONS, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
MSS GB SPV LP
By: MSS GB SPV GP, LLC
By: Masters Special Situations, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
MSS GB SPV GP, LLC
By: Masters Special Situations, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
MASTERS CAPITAL MANAGEMENT, LLC
By: /s/ Michael Masters
Michael Masters,
Managing Member
MICHAEL MASTERS
/s/
Michael Masters
|
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
Amendment No. 3 to Schedule 13D, dated February 28, 2024, relating to the Common Shares of Greenbrook TMS Inc. shall be filed on behalf
of the undersigned.
Masters SPECIAL
SITUATIONS, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
MSS GB SPV
LP
By: MSS GB SPV GP, LLC
By: Masters Special Situations, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
MSS GB SPV GP, LLC
By: Masters Special Situations, LLC
By: /s/ Michael Masters
Michael
Masters, Authorized Signatory
Masters CAPITAL
MANAGEMENT, LLC
By: /s/ Michael Masters
Michael
Masters, Managing Member
MICHAEL MASTERS
/s/
Michael Masters
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