Steven Baughman and Divisar Capital’s First Activist Target: Telenav Inc. (TNAV)

Page 2 of 8 – SEC Filing
CUSIP No. 879455103 13D Page 2 of 8 Pages

1.

NAME OF REPORTING PERSONS

Divisar Partners QP, L.P.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)     o

(b)     o

3.

SEC USE ONLY

4.

SOURCE OF FUNDS

WC

5.

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

3,579,700 (2)

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,579,700 (2)

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,579,700 (2)

12.

CHECK IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS)

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

7.9% (1)

14.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN

(1) Based on 45,540,687 outstanding shares of Common Stock, as defined herein, as of December 31, 2018, by the Issuer, as defined herein, in the Form 10-Q filed
with the Securities and Exchange Commission (“SEC”) on February 8, 2019.
(2) Consists of shares of Common Stock of the Issuer, held by Divisar Partners QP, L.P, a Delaware limited partnership.

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