Filing Details
- Accession Number:
- 0001140361-20-000118
- Form Type:
- 13G Filing
- Publication Date:
- 2020-01-03 10:10:44
- Filed By:
- Mangrove Partners Master Fund, Ltd.
- Company:
- Stonemor Inc. (NYSE:STON)
- Filing Date:
- 2020-01-03
- SEC Url:
- 13G 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 |
---|---|---|---|---|---|---|
THE MANGROVE PARTNERS MASTER FUND, LTD | 0 | 10,294,832 | 0 | 10,294,832 | 10,294,832 | 10.9% |
MANGROVE PARTNERS | 0 | 10,294,832 | 0 | 10,294,832 | 10,294,832 | 10.9% |
NATHANIEL AUGUST | 0 | 10,294,832 | 0 | 10,294,832 | 10,294,832 | 10.9% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
STONEMOR INC
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
86184W106
(CUSIP Number)December 31, 2019
(Date of Event which Requires Filing of this Statement)
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).
Continued on following pages
Page 1 of 9 Pages
Exhibit Index: Page 8
CUSIP No. 86184W106 | Page 2 of 9 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
THE MANGROVE PARTNERS MASTER FUND, LTD. | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
CAYMAN ISLANDS | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
10,294,832 | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
10,294,832 | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
10,294,832 | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
10.9% | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| |
CUSIP No. 86184W106 | Page 3 of 9 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
MANGROVE PARTNERS | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
CAYMAN ISLANDS | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
10,294,832 | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
10,294,832 | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
10,294,832 | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
10.9% | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
OO | | | |||
| |
CUSIP No. 86184W106 | Page 4 of 9 Pages |
1 | NAMES OF REPORTING PERSONS | | | ||
NATHANIEL AUGUST | | | |||
| | ||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
(a)☒ | |||||
(b)☐ | | | |||
3 | SEC USE ONLY | | | ||
| | | |||
| | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
UNITED STATES OF AMERICA | | | |||
| | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
0 | | | |||
| | ||||
6 | SHARED VOTING POWER | | | ||
10,294,832 | | | |||
| | ||||
7 | SOLE DISPOSITIVE POWER | | | ||
0 | | | |||
| | ||||
8 | SHARED DISPOSITIVE POWER | | | ||
10,294,832 | | | |||
| | ||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
10,294,832 | | | |||
| | ||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
☐ | | | |||
| | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
10.9% | | | |||
| | ||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
IN, HC | | | |||
| |
CUSIP No. 86184W106 | Page 5 of 9 Pages |
Item 1(a). | Name of Issuer: |
StoneMor Inc. (the “Issuer”)
Item 1(b). | Address of Issuer's Principal Executive Offices: |
3600 Horizon Boulevard, Trevose, Pennsylvania 19053
Item 2(a). | Name of Person Filing |
This Schedule 13G is being jointly filed by (1) The Mangrove Partners Master Fund, Ltd. (the “Master Fund”), (2) Mangrove Partners, and (3) Nathaniel August. Each of the foregoing is referred to as a “Reporting
Person” and collectively as the “Reporting Persons.”
The shares of common stock of the Issuer which are the subject of this Schedule 13G (the “Shares”) are held by the Master Fund. Beneficial ownership of the Shares is also claimed by (i) Mangrove Partners which
serves as the investment manager of the Master Fund, and (ii) Nathaniel August who is the principal of Mangrove Partners.
Item 2(b). | Address of Principal Business Office or, if None, Residence: |
The principal business office of Nathaniel August is 645 Madison Avenue, 14th Floor, New York, New York 10022.
The principal business address of the Master Fund and Mangrove Partners is c/o Maples Corporate Services, Ltd., PO Box 309, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands KY1-1104.
Item 2(c). | Citizenship: |
Each of the Master Fund and Mangrove Partners is organized as a limited liability exempted company under the laws of the Cayman Islands. Nathaniel August is a citizen of the United
States.
Item 2(d). | Title of Class of Securities: |
Common Stock, par value $0.01 per Share
Item 2(e). | CUSIP Number: |
86184W106
Item 3. | If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: |
This Item 3 is not applicable.
CUSIP No. 86184W106 | Page 6 of 9 Pages |
Item 4. | Ownership: |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount Beneficially Owned: | 10,294,832 | |
| (b) | Percent of Class: | 10.9% | |
| (c) | Number of shares as to which such person has: | ||
| | (i) | sole power to vote or to direct the vote: | 0 |
| | (ii) | shared power to vote or to direct the vote: | 10,294,832 |
| | (iii) | sole power to dispose or to direct the disposition of: | 0 |
| | (iv) | shared power to dispose or to direct the disposition of: | 10,294,832 |
As the investment manager of the Master Fund, Mangrove Partners may be deemed the beneficial owner of the Shares owned by the Master Fund. Mr. August, as the principal of Mangrove Partners, may be
deemed the beneficial owner of the Shares owned by the Master Fund
The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the
beneficial owners of any of the Shares reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that are not directly owned by such Reporting Person.
The foregoing beneficial ownership percentage is based upon 94,447,356 Shares outstanding as of as of December 31, 2019, according to the information from the Issuer.
Item 5. | Ownership of Five Percent or Less of a Class: |
This Item 5 is not applicable.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person: |
This Item 6 is 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: |
This Item 7 is not applicable.
Item 8. | Identification and Classification of Members of the Group: |
See disclosures in Item 2 and Exhibit A.
Item 9. | Notice of Dissolution of Group: |
This Item 9 is not applicable.
Item 10. | Certification: |
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.
Page 7 of 9 Pages |
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.
THE MANGROVE PARTNERS MASTER FUND, LTD. | |||
By: | Mangrove Partners the Investment Manager | ||
| | /s/ Nathaniel H. August | |
Name: Nathaniel H. August | |||
Title: Director | |||
MANGROVE PARTNERS | |||
| | /s/ Nathaniel H. August | |
Name: Nathaniel H. August | |||
Title: Director | |||
NATHANIEL H. AUGUST | |||
| /s/ Nathaniel H. August | ||
January 3, 2020
Page 8 of 9 Pages |
EXHIBIT INDEX
Ex. | Page No. | |
A | Joint Filing Agreement | 9 |
Page 9 of 9 Pages |
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of StoneMor Inc. dated as of January 3, 2020 is, and any amendments thereto (including amendments on
Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
THE MANGROVE PARTNERS MASTER FUND, LTD. | |||
By: | Mangrove Partners the Investment Manager | ||
| | /s/ Nathaniel H. August | |
Name: Nathaniel H. August | |||
Title: Director | |||
MANGROVE PARTNERS | |||
| | /s/ Nathaniel H. August | |
Name: Nathaniel H. August | |||
Title: Director | |||
NATHANIEL H. AUGUST | |||
| /s/ Nathaniel H. August | ||
January 3, 2020