SCHEDULE 13G/A: Radoff Family Foundation and Bradley L. Radoff Disclose 9.5% Passive Stake in SunLink Health Systems
Beneficial Ownership Amendment
An amended Schedule 13G filing reveals that the Radoff Family Foundation and Bradley L. Radoff collectively hold a 9.5% beneficial ownership stake in SunLink Health Systems Inc. as of March 31, 2025.
Summary
- The Radoff Family Foundation and Bradley L. Radoff have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in SunLink Health Systems Inc.
- As of March 31, 2025, the Radoff Family Foundation directly owned 313,000 Common Shares, representing approximately 4.4% of the outstanding shares.
- Bradley L. Radoff directly owned 354,978 Common Shares and is also deemed to beneficially own the 313,000 shares held by the Radoff Family Foundation, resulting in an aggregate beneficial ownership of 667,978 shares.
- Mr. Radoff's total beneficial ownership represents approximately 9.5% of SunLink Health Systems Inc.'s outstanding Common Shares.
- The percentages are based on 7,040,603 Common Shares outstanding as of February 11, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on February 12, 2025.
- The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: This filing is a routine disclosure of beneficial ownership and does not contain information that indicates a positive or negative sentiment regarding the company's performance or outlook. The filing explicitly states the shares were not acquired for the purpose of influencing control.
Key Dates
| Date | Description |
|---|---|
| February 11, 2025 | Date as of which 7,040,603 Common Shares of SunLink Health Systems Inc. were outstanding. |
| February 12, 2025 | Date SunLink Health Systems Inc. filed its Quarterly Report on Form 10-Q with the SEC, disclosing outstanding shares. |
| February 21, 2025 | Date the initial Schedule 13G was filed by the Reporting Persons (referenced in Item 8). |
| March 31, 2025 | Date of event which requires filing of this statement; beneficial ownership figures are as of this date. |
| May 14, 2025 | Date the Schedule 13G Amendment No. 1 was signed by Bradley L. Radoff. |
Keywords
SunLink Health Systems Inc., Radoff Family Foundation, Bradley L. Radoff, Schedule 13G, Beneficial Ownership, Common Shares, Healthcare, Investment
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