Filing Details

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.)* CompoSecure, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.0001 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 20459V105 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |_| 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 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. 20459V105 13G Page 2 of 8 Pages -------------------------------------------------------------------------------- 1. Names of Reporting Persons. J. Carlo Cannell -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) |_| (b) |_| -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization USA -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ------------------------------------------------------------- 6. SHARED VOTING POWER NUMBER OF SHARES 1,679,456 shares of Class A Common Stock and 236,869 BENEFICIALLY shares of Class A Common Stock issuable upon exchange OWNED BY EACH of exchangeable notes (See Item 4) REPORTING ------------------------------------------------------------ PERSON WITH 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (See Item 4) -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (see Item 4) -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 9.90% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN, HC -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CUSIP No. 20459V105 13G Page 3 of 8 Pages -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Cannell Capital LLC 94-3366999 -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) |_| (b) |_| -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Wyoming, USA -------------------------------------------------------------------------------- 5. SOLE VOTING POWER 0 ------------------------------------------------------------- 6. SHARED VOTING POWER NUMBER OF SHARES 1,679,456 shares of Class A Common Stock and 236,869 BENEFICIALLY shares of Class A Common Stock issuable upon exchange OWNED BY EACH of exchangeable notes (See Item 4) REPORTING ------------------------------------------------------------ PERSON WITH 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (See Item 4) -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (see Item 4) -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |_| -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 9.90% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IA -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CUSIP No. 20459V105 13G Page 4 of 8 Pages Item 1. (a) Name of Issuer: CompoSecure, Inc. (b) Address of Issuer's Principal Executive Offices: 309 Pierce St., Somerset, NJ 08873 Item 2. (a) Name of Person Filing: Cannell Capital LLC (b) Address of the Principal Office or, if none, residence: 245 Meriwether Circle, Alta, WY 83414 (c) Citizenship: Wyoming, USA (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 20459V105 Item 3. If this statement is filed pursuant to SS.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) |X| An investment adviser in accordance with S.240.13d-1(b)(1)(ii)(E); (f) |_| An employee benefit plan or endowment fund in accordance with S.240.13d-1(b)(1)(ii)(F); (g) |_| A parent holding company or control person in accordance with S. 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 S.240.13d-1(b)(1)(ii)(J). -------------------------------------------------------------------------------- CUSIP No. 20459V105 13G Page 5 of 8 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: 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (b) Percent of class: 9.90% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,679,456 shares of Class A Common Stock and 236,869 shares of Class A Common Stock issuable upon exchange of exchangeable notes The percentages set forth herein are calculated based upon 19,356,819 shares of Class A Common Stock reported to be outstanding as of November 2, 2023, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023, filed with the Securities and Exchange Commission on November 13, 2023, and assumes the exchange of the exchangeable notes reported herein, subject to the 9.90% Blocker (as defined below). Pursuant to the terms of the reported exchangeable notes, the Reporting Person cannot exchange any of the reported notes if the Reporting Person would beneficially own, after any such exchange, more than 9.90% of the outstanding shares of Class A Common Stock (the "9.90% Blocker"). Consequently, at this time, the Reporting Person is not able to exchange all exchangeable notes due to the 9.90% Blocker. The percentage set forth in Row (11) of the cover page for the Reporting Person gives effect to the 9.90% Blocker. Item 5. Ownership of Five Percent or Less of a Class. Not Applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable. -------------------------------------------------------------------------------- CUSIP No. 20459V105 13G Page 6 of 8 Pages Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable Item 9. Notice of Dissolution of Group Not Applicable Item 10. Certification Not Applicable -------------------------------------------------------------------------------- CUSIP No. 20459V105 13G Page 7 of 8 Pages 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. 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. 02/13/2024 ------------------------------------------- Date By: /s/ J. Carlo Cannell ------------------------------------------- Name: J. Carlo Cannell Cannell Capital LLC By: /s/ J. Carlo Cannell ------------------------------------------- Name: J. Carlo Cannell Title: Managing Member