Filing Details
- Accession Number:
- 0001104659-22-103628
- Form Type:
- 13D Filing
- Publication Date:
- 2022-09-27 20:00:00
- Filed By:
- Summers Value Fund Lp
- Company:
- Horizon Kinetics Holding Corp (OTC:SLGDD)
- Filing Date:
- 2022-09-28
- SEC Url:
- 13D Filing
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 |
---|---|---|---|---|---|---|
Summers Value Fund | 0 | 430,817 | 0 | 430,817 | 430,817 | 3.38% |
Summers Value Partners GP | 0 | 430,817 | 0 | 430,817 | 430,817 | 3.38% |
Summers Value Partners | 0 | 430,817 | 0 | 430,817 | 430,817 | 3.38% |
Andrew Summers | 0 | 430,817 | 0 | 430,817 | 430,817 | 3.38% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Scott’s Liquid Gold-Inc.
(Name of Issuer)
Common Stock par value $0.10 per share
(Title of Class of Securities)
810202101
(CUSIP Number)
Summers Value Fund LP
Atten: Andrew Summers
90 Madison Street, Suite 303
Denver, CO 80206
With a copy to:
Scott Kitchens
Cole-Frieman & Mallon LLP
201 California Street, Suite 350
San Francisco, CA 94111
(415) 762-2847
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 19, 2022
(Date of Event which Requires Filing of this Statement)
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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
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 to whom copies are to be sent.
* 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 disclosures provided in a prior cover page.
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. 810202101
1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY) Summers Value Fund LP | |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ | |
3. | SEC USE ONLY | |
4. | SOURCE OF FUNDS (see instructions) WC | |
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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 430,817 | |||
9. | SOLE DISPOSITIVE POWER 0 | |||
10. | SHARED DISPOSITIVE POWER 430,817 |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 430,817 | |
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ | |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.38% | |
14. | TYPE OF REPORTING PERSON (see instructions) PN |
CUSIP No. 810202101
1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY) Summers Value Partners GP LLC | |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ | |
3. | SEC USE ONLY | |
4. | SOURCE OF FUNDS (see instructions) AF | |
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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 430,817 | |||
9. | SOLE DISPOSITIVE POWER 0 | |||
10. | SHARED DISPOSITIVE POWER 430,817 |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 430,817 | |
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ | |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.38% | |
14. | TYPE OF REPORTING PERSON (see instructions) OO |
CUSIP No. 810202101
1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY) Summers Value Partners LLC | |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ | |
3. | SEC USE ONLY | |
4. | SOURCE OF FUNDS (see instructions) AF | |
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS 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 430,817 | |||
9. | SOLE DISPOSITIVE POWER 0 | |||
10. | SHARED DISPOSITIVE POWER 430,817 |
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 430,817 | |
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ | |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.38% | |
14. | TYPE OF REPORTING PERSON (see instructions) OO |
CUSIP No. 810202101
1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew Summers | |
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ | |
3. | SEC USE ONLY | |
4. | SOURCE OF FUNDS (see instructions) AF | |
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 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 430,817 | |||
9. | SOLE DISPOSITIVE POWER 0 | |||
10. | SHARED DISPOSITIVE POWER 430,817
|
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 430,817 | |
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ | |
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.38% | |
14. | TYPE OF REPORTING PERSON (see instructions) IN |
CUSIP No. 810202101
Explanatory Note
This Amendment No. 2 (this “Amendment No. 2”) amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission (the “Commission”) on November 14, 2018, by the Reporting Persons identified therein, as amended by Amendment No. 1 filed with the Commission on January 31, 2019, by the Reporting Persons identified therein (as cumulatively amended, the “Schedule 13D”), with respect to shares of Common Stock, par value $0.10 per share of Scott’s Liquid Gold—Inc., a Colorado corporation (the “Corporation”) beneficially owned by the Reporting Persons. Except as amended or supplemented in this Amendment No. 2, all other information in the Schedule 13D is as set forth previously. Capitalized terms used in this Amendment No. 2 but not defined herein shall have the meanings previously ascribed thereto in the Schedule 13D. This Amendment No. 2 amends the Schedule 13D as follows:
Item 5. Interest in Securities of the Issuer.
Items 5(a), (c) and (e) are hereby amended and restated in their entirety to read as follows.
(a)
As of the date of this filing, the Reporting Persons beneficially own 430,817 Shares, or approximately 3.38% of the outstanding Common Stock of the Corporation (calculated based on information included in the Form 10-Q filed by the Corporation for the fiscal quarter ended June 30, 2022, which reported that 12,749,156 shares of Common Stock were outstanding as of August 12, 2022).
(c)
Except as set forth in Schedule 1, the Reporting Persons have not effected any transaction in the shares of Common Stock since their most recent Schedule 13D filing.
(e)
As of September 19, 2022, the Reporting Persons ceased to be the beneficial owners of more than five percent (5%) of the class of securities.
CUSIP No. 810202101
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.
Date: September 26, 2022
SUMMERS VALUE FUND LP | ||
By: Summers Value Partners GP LLC, | ||
Its General Partner | ||
By: | /s/ Andrew Summers | |
Name: Andrew Summers | ||
Its Managing Member | ||
SUMMERS VALUE PARTNERS LLC | ||
By: | /s/ Andrew Summers | |
Name: Andrew Summers | ||
Its Managing Member | ||
SUMMERS VALUE PARTNERS GP LLC | ||
By: | /s/ Andrew Summers | |
Name: Andrew Summers | ||
Its Managing Member | ||
ANDREW SUMMERS | ||
/s/ Andrew Summers | ||
Andrew Summers |
CUSIP No. 810202101
SCHEDULE 1
Shares Acquired or Sold by the Reporting Persons Since Their Most Recent Schedule 13D Filing:
1. | SUMMERS VALUE FUND LP |
Trade Date | Nature of Transaction (Purchase/Sale) | Number of Shares | Price Per Share (1) |
02/25/2019 | Purchase | 1,900 | $3.15 |
02/27/2019 | Purchase | 207 | $3.25 |
04/16/2019 | Purchase | 1,500 | $2.208 |
01/08/2021 | Purchase | 20,069 | $1.8462 |
04/29/2021 | Purchase | 34,693 | $2.6021 |
12/01/2021 | Sale | 104,200 | $1.0227 |
12/06/2021 | Sale | 10,000 | $1.0111 |
12/16/2021 | Sale | 45,000 | $1.00 |
09/15/2022 | Sale | 12,016 | $0.552 |
09/19/2022 | Sale | 90,000 | $0.4349 (2) |
09/20/2022 | Sale | 41,000 | $0.4171 (3) |
09/21/2022 | Sale | 18,500 | $0.4109 (4) |
09/22/2022 | Sale | 27,900 | $0.3718 (5) |
09/23/2022 | Sale | 25,000 | $0.3600 |
(1) | Not inclusive of brokerage fees.
|
(2) | This transaction was executed in multiple trades at prices ranging from $0.43 to $0.47 per share. The price reported above reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
|
(3) | This transaction was executed in multiple trades at prices ranging from $0.41108372 to $0.43 per share. The price reported above reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
|
(4) | This transaction was executed in multiple trades at prices ranging from $0.4104 to $0.4111 per share. The price reported above reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(5) | This transaction was executed in multiple trades at prices ranging from $0.352854 to $0.4 per share. The price reported above reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |