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13D Filing: Attiva Capital Partners, Ltd. Reports Owning No Shares of Spanish Broadcasting System Inc (SBSA)

Published on January 20, 2016 at 12:52 pm by Meena Krishnamsetty in Hedge Funds
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There may be some debate as to whether activist shareholders are good for the long-term health of companies, but there is no debating their results. In 2012, 2013, and 2014, activist investment strategies returned 9.3%, 19.2%, and 8.5% respectively per year. While new activist positions may not be moving the needle quite as much as they once were, the market still values activist involvement in companies. In this article, we reveal one of the latest activist filings, issued by Attiva Capital Partners, Ltd., disclosing the latest information regarding the activist’s position in Spanish Broadcasting System Inc (NASDAQ:SBSA), which reveals that the firm owns no shares of the company. The filing is embedded in its entirety below and on the following pages.

You can access the original SEC filing by clicking here.

Page 1 of 5 SEC Filing

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
INFORMATION TP BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SPANISH BROADCASTING SYSTEMS, INC.
 (Name of Issuer)
Class A Class A Common Stock, Par Value $0.0001 per share
 (Title of Class of Securities)
846425833
 (CUSIP Number)
Attiva Capital Partners Ltd.
Vanterpool Plaza, 2nd Floor, Wickhams Cay I, Road Town, Tortola, British Virgin Islands.
 (Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 19, 2016
(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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) 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).

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