Filing Details

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO. __)
 

Limbach Holdings, Inc.

(Name of Issuer)

 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

53263P105

(CUSIP Number)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨

Rule 13d-1(b)

x

Rule 13d-1(c)

¨

Rule 13d-1(d)

 

*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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

 

1.	NAMES OF REPORTING PERSONS
	Kingsway Financial Services Inc.
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
	(a) o
	(b) o
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	5.	SOLE VOTING POWER
		994,750
	6.	SHARED VOTING POWER
		0
	7.	SOLE DISPOSITIVE POWER
		994,750
	8.	SHARED DISPOSITIVE POWER
		0

 

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	994,750
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
	12.9%
12.	TYPE OF REPORTING PERSON
	CO

 

 

ITEM 1 (a) NAME OF ISSUER:

 

Limbach Holdings, Inc.

 

ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

 

1251 Waterfront Place

Suite 201

Pittsburgh, PA 15222

 

ITEM 2 (a) NAME OF PERSON FILING:

 

Kingsway Financial Services Inc.

 

ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

 

150 Pierce Road

Suite 600

Itasca, IL 60143

 

ITEM 2 (c) CITIZENSHIP:

 

Delaware

 

ITEM 2 (d) TITLE OF CLASS OF SECURITIES:

 

Common Stock, par value $0.0001 per share

 

ITEM 2 (e) CUSIP NUMBER:

 

53263P105

 

ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

 

	(a)	¨	Broker or dealer registered under Section 15 of the Exchange Act.
	(b)	¨	Bank as defined in Section 3(a)(6) of the Exchange Act.
	(c)	¨	Insurance Company defined in Section 3(a)(19) of the Exchange Act.
	(d)	¨	Investment Company registered under Section 8 of the Investment Company Act.
	(e)	¨	An Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
	(f)	¨	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(ii)(F)
	(g)	¨	A parent holding company or control person in accordance Rule 13d-1(b)(1)(ii)(G)
	(h)	¨	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
	(i)	¨	A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
	(j)	¨	Group, in accordance with Rule 13d-1(b)(1)(ii)(J)

 

ITEM 4 OWNERSHIP

 

(a)

AMOUNT BENEFICIALLY OWNED:

 

994,750 shares of common stock. Includes 400,000 shares underlying warrants to acquire common stock at an exercise price of $15.00 per share. The warrants expire on July 20, 2023.

 

 

The shares and warrants are held directly by Kingsway America Inc., a wholly-owned subsidiary of Kingsway Financial Services Inc.

 

(b)

PERCENT OF CLASS:

 

12.9%

 

(c)

NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

 

(i)

SOLE POWER TO VOTE OR DIRECT THE VOTE

 

994,750

 

(ii)

SHARED POWER TO VOTE OR DIRECT THE VOTE

 

0

 

(iii)

SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

994,750

 

(iv)

SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

 

0

 

ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities check the following: ¨

 

ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

 

Not applicable.

 

ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON

 

The shares and warrants are held directly by Kingsway America Inc., a wholly-owned subsidiary of Kingsway Financial Services Inc.

 

ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP

 

Not applicable.

 

ITEM 9   NOTICE OF DISSOLUTION OF GROUP

 

Not applicable.

 

 

ITEM 10. CERTIFICATIONS.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

SIGNATURE

 

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

 

	Dated: November 26, 2019
	KINGSWAY FINANCIAL SERVICES INC.
	By:	/s/ John T. Fitzgerald
	Title: President and Chief Executive Officer