Filing Details

Accession Number:
0000902664-19-003930
Form Type:
13D Filing
Publication Date:
2019-10-08 17:38:45
Filed By:
Owl Creek Asset Management
Company:
Anterix Inc. (NASDAQ:ATEX)
Filing Date:
2019-10-09
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
OWL CREEK I 0 138,684 0 138,684 138,684 0.8%
OWL CREEK II 0 1,015,175 0 1,015,175 1,015,175 5.9%
OWL CREEK OVERSEAS MASTER FUND, LTD 0 2,075,485 0 2,075,485 2,075,485 12.2%
OWL CREEK SRI MASTER FUND, LTD 0 186,640 0 186,640 186,640 1.1%
OWL CREEK CREDIT OPPORTUNITIES MASTER FUND 0 582,207 0 582,207 582,207 3.4%
OWL CREEK SPECIAL SITUATIONS FUND 0 580,519 0 580,519 580,519 3.4%
OWL CREEK ADVISORS 0 2,316,585 0 2,316,585 2,316,585 13.6%
OWL CREEK ASSET MANAGEMENT 0 4,578,710 0 4,578,710 4,578,710 26.8%
JEFFREY A. ALTMAN 0 4,578,710 0 4,578,710 4,578,710 26.8%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
_______________
 
SCHEDULE 13D/A
 
INFORMATION TO 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
(Amendment No. 1)
 

Anterix Inc.

(Name of Issuer)
 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)
 

03676C100

(CUSIP Number)
 
Eleazer Klein, Esq.
Marc Weingarten, Esq.
919 Third Avenue
New York, New York 10022

(212) 756-2000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 

October 7, 2019

(Date of Event which Requires
Filing of this Schedule)

 

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. ý

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

(Continued on following pages)

 

(Page 1 of 14 Pages)

 

 

--------------------------

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).

 

  

  

CUSIP No. 03676C100

  

SCHEDULE 13D/A Page 2 of 14 Pages

   

1

NAME OF REPORTING PERSON

OWL CREEK I, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨
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

138,684

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

138,684

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

138,684

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.8%

14

TYPE OF REPORTING PERSON

PN

         

  

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 3 of 14 Pages

   

1

NAME OF REPORTING PERSONS

OWL CREEK II, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
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

1,015,175

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

1,015,175

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

1,015,175

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

5.9%

14

TYPE OF REPORTING PERSON

PN 

         

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 4 of 14 Pages

     

1

NAME OF REPORTING PERSONS

OWL CREEK OVERSEAS MASTER FUND, LTD.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

8

SHARED VOTING POWER

2,075,485 

9

SOLE DISPOSITIVE POWER

10

SHARED DISPOSITIVE POWER

2,075,485 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

2,075,485

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

12.2%

14

TYPE OF REPORTING PERSON

OO

         

 

  

   

CUSIP No. 03676C100

  

SCHEDULE 13D/A Page 5 of 14 Pages

     

1

NAME OF REPORTING PERSONS

OWL CREEK SRI MASTER FUND, LTD.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

186,640 

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

186,640

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

186,640

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

1.1%

14

TYPE OF REPORTING PERSON

OO

         

 

  

   

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 6 of 14 Pages

    

1

NAME OF REPORTING PERSONS

OWL CREEK CREDIT OPPORTUNITIES MASTER FUND, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

582,207

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

582,207

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

582,207

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

3.4%

14

TYPE OF REPORTING PERSON

PN

         

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 7 of 14 Pages

   

1

NAME OF REPORTING PERSONS

OWL CREEK SPECIAL SITUATIONS FUND, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

WC, OO (See Item 3)

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
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

580,519

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

580,519

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

580,519

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

3.4%

14

TYPE OF REPORTING PERSON

PN

         

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 8 of 14 Pages

   

1

NAME OF REPORTING PERSONS

OWL CREEK ADVISORS, LLC

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
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

2,316,585

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

2,316,585

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

2,316,585

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

13.6%

14

TYPE OF REPORTING PERSON

OO

         

  

  

 

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 9 of 14 Pages

   

1

NAME OF REPORTING PERSONS

OWL CREEK ASSET MANAGEMENT, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
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

4,578,710

9

SOLE DISPOSITIVE POWER

0  

10

SHARED DISPOSITIVE POWER

4,578,710

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

4,578,710

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

26.8%

14

TYPE OF REPORTING PERSON

PN

         

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 10 of 14 Pages

   

1

NAME OF REPORTING PERSONS

JEFFREY A. ALTMAN

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

4,578,710

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

4,578,710

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

4,578,710

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

26.8%

14

TYPE OF REPORTING PERSON

IN

         

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 11 of 14 Pages

 

This Amendment No. 1 ("Amendment No. 1") amends the statement on Schedule 13D filed on August 30, 2019 (the "Original Schedule 13D", and as amended hereby, the "Schedule 13D") with respect to the shares of common stock, par value $0.0001 per share (the "Common Stock"), of Anterix Inc., a Delaware corporation (the "Issuer"). Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Original Schedule 13D. This Amendment amends Items 3 and 5(a)-(c) as set forth below.

 

Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

 

Items 3 of the Schedule 13D is hereby amended and restated in its entirety by the following:

 

The Reporting Persons expended an aggregate of approximately $151,519,525 to purchase the 4,578,710 shares of Common Stock. Such shares of Common Stock were acquired with investment funds of the Owl Creek Funds and margin borrowings described in the following sentence. Such shares are held by the Reporting Persons in commingled margin accounts, which may extend margin credit to the Reporting Persons as and when required to open or carry positions in the margin account, subject to applicable federal margin regulations, stock exchange rules and credit policies. In such instances, the positions held in the margin account are pledged as collateral security for the repayment of debit balances in the account. The margin accounts bear interest at a rate based upon the broker's call rate from time to time in effect. The margin account may from time to time have debit balances. Since other securities are held in the margin account, it is not possible to determine the amounts, if any, of margin used to purchase the shares of Common Stock reported herein.

 

Item 5. INTEREST IN SECURITIES OF THE COMPANY.

 

Items 5(a)-(c) of the Schedule 13D are hereby amended and restated in their entireties by the following:

 

(a)       See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentages of the shares of Common Stock beneficially owned by each of the Reporting Persons. The percentages used in this Schedule 13D are calculated based upon 17,075,836 shares of Common Stock outstanding as of August 2, 2019, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2019, filed with the Securities and Exchange Commission on August 8, 2019.

 

(b)       See rows (7) through (10) of the cover pages to this Schedule 13D for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

 

(c)       The transactions in the shares of Common Stock by the Reporting Persons since the filing of the Original Schedule are set forth in Schedule A, and are incorporated herein by reference.

  

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 12 of 14 Pages

  

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

  

Dated: October 8, 2019

 

 

  JEFFREY A. Altman
   
  /s/ Jeffrey A. Altman
  Jeffrey A. Altman, (i) individually, (ii) as managing member of Owl Creek Advisors, LLC, (x) for itself and (y) as general partner of Owl Creek I, L.P., Owl Creek II, L.P., Owl Creek Credit Opportunities Master Fund, L.P. and Owl Creek Special Situations Fund, L.P. and (iii) as managing member of the general partner of Owl Creek Asset Management, L.P., (x) for itself and (y) as investment manager to Owl Creek I, L.P., Owl Creek II, L.P., Owl Creek Overseas Master Fund, Ltd., Owl Creek SRI Master Fund, Ltd., Owl Creek Credit Opportunities Master Fund, L.P. and Owl Creek Special Situations Fund, L.P.

  

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 13 of 14 Pages

  

SCHEDULE A

 

Transactions in the shares of Common Stock of the Issuer
Since the Filing of the Original Schedule 13D

 

The following tables set forth all transactions in the shares of Common Stock effected since the filing of the Original Schedule 13D by the Reporting Persons. Except as noted below, all such transactions were effected in the open market through brokers and the price per share is net of commissions.

 

Owl Creek I

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
09/10/2019 300 37.78
09/10/2019 100 37.95
09/11/2019 500 39.50
09/11/2019 300 40.37
09/12/2019 100 39.85
09/12/2019 200 39.89
09/13/2019 200 39.44
09/16/2019 900 39.40
09/19/2019 100 39.47
09/20/2019 36 38.92

 

Owl Creek II

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
09/10/2019 2,200 37.78
09/10/2019 800 37.95
09/10/2019 300 37.65
09/10/2019 200 37.74
09/11/2019 3,800 39.50
09/11/2019 2,400 40.37
09/12/2019 800 39.85
09/12/2019 1,300 39.89
09/13/2019 1,500 39.44
09/16/2019 5,800 39.40
09/17/2019 100 39.20
09/18/2019 300 39.40
09/19/2019 300 39.47
09/20/2019 433 38.92

 

Owl Creek Overseas

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
09/10/2019 4,700 37.78
09/10/2019 1,600 37.95
09/10/2019 700 37.65
09/10/2019 400 37.74
09/11/2019 8,200 39.50

 

  

  

CUSIP No. 03676C100 

 

SCHEDULE 13D/A Page 14 of 14 Pages

   

09/11/2019 5,100 40.37
09/12/2019 1,800 39.85
09/12/2019 2,700 39.89
09/13/2019 3,300 39.44
09/16/2019 12,700 39.40
09/17/2019 300 39.20
09/18/2019 700 39.40
09/19/2019 500 39.47
09/20/2019 980 38.92

 

Owl Creek Special Situations

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
09/10/2019 7,086 37.78
09/10/2019 2,500 37.95
09/10/2019 1,052 37.65
09/10/2019 600 37.74
09/11/2019 12,483 39.50
09/11/2019 7,800 40.37
09/12/2019 2,700 39.85
09/12/2019 4,162 39.89
09/13/2019 4,997 39.44
09/16/2018 19,518 39.40
09/17/2019 400 39.20
09/18/2019 1,099 39.40
09/19/2019 800 39.47
09/20/2019 1,452 38.92
09/26/2019 700 35.19
09/26/2019 14,909 35.36
09/27/2019 10,924 35.58
09/30/2019 2,300 35.53
10/03/2019 3,316 37.98
10/07/2019 12,951 37.83
10/08/2019 6,300 36.94
10/08/2019 2,600 37.23
10/08/2019 100 36.97