Form 4: Voss Capital Sells 11,311 Shares of Alta Equipment Group Inc.
SEC Form 4 Filing
Voss Capital, along with related entities and Travis W. Cocke, reports the sale of 11,311 shares of Alta Equipment Group Inc. at a price of $6.3075 per share.
Summary
- Voss Capital, L.P., Voss Value Master Fund, L.P., Voss Value-Oriented Special Situations Fund, L.P., Voss Advisors GP, LLC, and Travis W. Cocke jointly filed a Form 4.
- The filing reports a transaction on October 2, 2024, where 11,311 shares of Alta Equipment Group Inc. common stock were disposed of at a price of $6.3075 per share.
- Following the transaction, Voss Value Master Fund, L.P. beneficially owns 963,689 shares indirectly.
- Voss Value-Oriented Special Situations Fund, L.P. beneficially owns 160,000 shares indirectly.
- Each reporting person disclaims beneficial ownership of the securities reported except to the extent of his or its pecuniary interest therein.
Sentiment
Score: 5
Explanation: Neutral sentiment as it simply reports a transaction. The sale of shares could be interpreted negatively, but without further context, it's a neutral event.
Negatives
- Voss Capital reduced its holdings in Alta Equipment Group Inc. by selling 11,311 shares.
Industry Context
This filing reflects changes in ownership by a significant shareholder, which is a common occurrence and part of the normal market activity for publicly traded companies.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders, potentially causing a slight decrease in share price due to increased selling pressure.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of transaction: sale of 11,311 shares of ALTG. |
| 11/01/2024 | Date of filing the Form 4. |
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