SCHEDULE 13G/A: Locust Wood Entities Disclose 4.8% Stake in CompoSecure, Inc.
Beneficial Ownership Disclosure
Locust Wood Capital Advisers and affiliated entities have filed an amended Schedule 13G, reporting a collective beneficial ownership of 4.8% of CompoSecure, Inc.'s Class A Common Stock as of December 31, 2024.
Summary
- Locust Wood Capital Advisers, LLC and its affiliated entities (Locust Wood Capital, LP, Locust Wood Ultra Fund, LP, LWCA Partners LP, LWCA Partners GP LLC, and Stephen Errico) collectively reported beneficial ownership of 4,579,143 shares of CompoSecure, Inc.'s Class A Common Stock.
- This aggregate ownership represents approximately 4.8% of the outstanding Class A Common Stock of CompoSecure, Inc., based on 96,164,658 shares outstanding as of November 29, 2024.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported beneficial ownership position.
- The shares are held across various entities, including 1,450,000 shares by Locust Wood Capital, LP, 261,978 shares by Locust Wood Ultra Fund, LP, and 2,867,345 shares in other client accounts managed by Locust Wood Capital Advisers, LLC.
- The reporting persons certify that the securities were not acquired and are not held for the purpose of changing or influencing control of CompoSecure, Inc., nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 6
Explanation: Neutral to slightly positive. The filing itself is a routine disclosure of beneficial ownership. The fact that an institutional investor maintains a significant stake can be seen as a vote of confidence, but it does not provide new operational or financial insights about the company.
Positives
- A significant institutional investor group, Locust Wood Capital Advisers and its affiliates, holds a substantial stake, which may be interpreted as a signal of confidence in CompoSecure, Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2024-11-29 | Date as of which 96,164,658 shares of Common Stock were outstanding, as disclosed in Issuer's Form 8-K. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 2025-02-14 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
CompoSecure Inc., Class A Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, Locust Wood Capital Advisers, SEC Filing, Equity Stake, Investment Management
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