Filing Details
- Accession Number:
- 0001633275-21-000010
- Form Type:
- 13G Filing
- Publication Date:
- 2021-11-17 19:00:00
- Filed By:
- Quinn Opportunity Partners Llc
- Company:
- Bowflex Inc. (NYSE:BFX)
- Filing Date:
- 2021-11-18
- 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 |
---|---|---|---|---|---|---|
Quinn Opportunity Partners | 0 | 1,575,731 | 0 | 1,575,731 | 1,575,731 | 5.1% |
Quinn Opportunity Partners GP | 0 | 1,575,731 | 0 | 1,575,731 | 1,575,731 | 5.1% |
Quinn Opportunities Master | 0 | 1,575,731 | 0 | 1,575,731 | 1,575,731 | 5.1% |
Patrick Quinn | 0 | 1,575,731 | 0 | 1,575,731 | 1,575,731 | 5.1% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934 (Amendment No. )*
Nautilus, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
63910B102
(CUSIP Number)
November 9, 2021
(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).
1 | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) | Quinn Opportunity Partners LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐X |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | Delaware |
NUMBER OF | 5 | SOLE VOTING POWER | 0 |
SHARES | |||
6 | SHARED VOTING POWER | 1,575,731 | |
BENEFICIALLY | |||
OWNED | |||
BY EACH | 7 | SOLE DISPOSITIVE POWER | 0 |
REPORTING | |||
PERSON | |||
8 | SHARED DISPOSITIVE POWER | 1,575,731 | |
WITH: |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 1,575,731 |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.1%* |
12 | TYPE OF REPORTING PERSON | OO, IA |
* Based on a total of 31,176,246 shares of Common Stock outstanding as of November 5, 2021, as set forth in the Issuer’s
Form 10-Q filed on November 9, 2021.
1 | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) | Quinn Opportunity Partners GP LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐X |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | Delaware |
NUMBER OF | 5 | SOLE VOTING POWER | 0 |
SHARES | |||
6 | SHARED VOTING POWER | 1,575,731 | |
BENEFICIALLY | |||
OWNED | |||
BY EACH | 7 | SOLE DISPOSITIVE POWER | 0 |
REPORTING | |||
PERSON | |||
8 | SHARED DISPOSITIVE POWER | 1,575,731 | |
WITH: |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 1,575,731 |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.1%* |
12 | TYPE OF REPORTING PERSON | OO, HC |
* Based on a total of 31,176,246 shares of Common Stock outstanding as of November 5, 2021, as set forth in the Issuer’s
Form 10-Q filed on November 9, 2021.
1 | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) | Quinn Opportunities Master LP |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐X |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | Cayman Islands |
NUMBER OF | 5 | SOLE VOTING POWER | 0 |
SHARES | |||
6 | SHARED VOTING POWER | 1,575,731 | |
BENEFICIALLY | |||
OWNED | |||
BY EACH | 7 | SOLE DISPOSITIVE POWER | 0 |
REPORTING | |||
PERSON | |||
8 | SHARED DISPOSITIVE POWER | 1,575,731 | |
WITH: |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 1,575,731 |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.1%* |
12 | TYPE OF REPORTING PERSON | PN |
* Based on a total of 31,176,246 shares of Common Stock outstanding as of November 5, 2021, as set forth in the Issuer’s
Form 10-Q filed on November 9, 2021.
1 | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) | Patrick Quinn |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☐X |
3 | SEC USE ONLY | |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | USA |
NUMBER OF | 5 | SOLE VOTING POWER | 0 |
SHARES | |||
6 | SHARED VOTING POWER | 1,575,731 | |
BENEFICIALLY | |||
OWNED | |||
BY EACH | 7 | SOLE DISPOSITIVE POWER | 0 |
REPORTING | |||
PERSON | |||
8 | SHARED DISPOSITIVE POWER | 1,575,731 | |
WITH: |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 1,575,731 |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES | ☐ |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.1%* |
12 | TYPE OF REPORTING PERSON | IN, HC |
* Based on a total of 31,176,246 shares of Common Stock outstanding as of November 5, 2021, as set forth in the Issuer’s
Form 10-Q filed on November 9, 2021.
Item 1.
(a) | Name of Issuer |
Nautilus, Inc.
(b) | Address of Issuer's Principal Executive Offices |
17750 S.E. 6th Way, Vancouver, WA 98683
Item 2.
(a) | – (c) Name, Principal Business Address, and Citizenship of Persons Filing: |
Quinn Opportunity Partners LLC - Delaware
Quinn Opportunity Partners GP LLC - Delaware
Quinn Opportunities Master LP – Cayman Islands
Patrick Quinn - USA
Quinn Opportunity Partners LLC, Quinn Opportunity Partners GP LLC, Patrick Quinn:
c/o Quinn Opportunity Partners LLC
2 Boars Head Place, Suite 250
Charlottesville, VA 22903
Quinn Opportunities Master LP:
4th Floor, Harbour Place
103 S Church Street
PO Box 10240
Grand Cayman, Cayman Islands KY1-1002
(b) | Title of Class of Securities |
Common Stock
(c) | CUSIP Number |
63910B102
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:
(a) | ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
(b) | ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
(c) | ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
(d) | ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). |
(e) | ☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | ☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | ☐ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | ☐ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | ☐ Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
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: |
Quinn Opportunity Partners LLC – 1,575,731
Quinn Opportunity Partners GP LLC – 1,575,731
Quinn Opportunities Master LP – 1,575,731
Patrick Quinn – 1,575,731
(b) | Percent of class: |
Quinn Opportunity Partners LLC – 5.1%
Quinn Opportunity Partners GP LLC – 5.1%
Quinn Opportunities Master LP – 5.1%
Patrick Quinn – 5.1%
(c) | Number of shares as to which the person has: |
(i) | Sole power to vote or to direct the vote: |
Quinn Opportunity Partners LLC – 0
Quinn Opportunity Partners GP LLC – 0
Quinn Opportunities Master LP – 0
Patrick Quinn – 0
(ii) | Shared power to vote or to direct the vote: |
Quinn Opportunity Partners LLC – 1,575,731
Quinn Opportunity Partners GP LLC – 1,575,731
Quinn Opportunities Master LP – 1,575,731
Patrick Quinn – 1,575,731
(iii) | Sole power to dispose or to direct the disposition of: |
Quinn Opportunity Partners LLC – 0
Quinn Opportunity Partners GP LLC – 0
Quinn Opportunities Master LP – 0
Patrick Quinn – 0
(iv) | Shared power to dispose or to direct the disposition of: |
Quinn Opportunity Partners LLC – 1,575,731
Quinn Opportunity Partners GP LLC – 1,575,731
Quinn Opportunities Master LP – 1,575,731
Patrick Quinn – 1,575,731
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 five percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should
be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent
Holding Company
If a parent holding company has filed this
schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c)
or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
N/A
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J),
so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to
§240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
N/A
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the date of the
dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
N/A
Item 10. Certification
(a) | The following certification shall be included if the statement is filed pursuant to §240.13d-1(b): |
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.
(b) | The following certification shall be included if the statement is filed pursuant to §240.13d-1(c): |
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.
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.
November 18, 2021
Date
Quinn Opportunity Partners LLC
By: /s/ Patrick Quinn
Signature
Managing Member
Name/Title
Quinn Opportunity Partners GP LLC
By: /s/ Patrick Quinn
Signature
Managing Member
Name/Title
Quinn Opportunities Master LP
By: /s/ Patrick Quinn
Signature
Managing Member of its General Partner
Name/Title
By: /s/ Patrick Quinn
Signature
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's
authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each
person who signs the statement shall be typed or printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations
(See 18 U.S.C.1001)