Filing Details

Accession Number:
0001654954-24-001781
Form Type:
13G Filing
Publication Date:
2024-02-13 19:00:00
Filed By:
Forager Fund, L.p.
Company:
Commercial Vehicle Group Inc. (NASDAQ:CVGI)
Filing Date:
2024-02-14
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
Forager Fund 3,076,502 0 3,076,502 0 3,076,502 9.1%
Forager Capital Management 3,076,502 0 3,076,502 0 3,076,502 9.1%
Edward Kissel 0 3,076,502 0 3,076,502 3,076,502 9.1%
Robert MacArthur 0 3,076,502 0 3,076,502 3,076,502 9.1%
Filing

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

(Amendment No. 1)*

 

Commercial Vehicle Group, Inc.

(Name of Issuer)

 

Common Stock, $0.01 par value

(Title of Class of Securities)

 

57637H103

(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:

 

 

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 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).

 

 
 

 

CUSIP No202608105

Page 2 of 8 Pages

 

1

NAME OF REPORTING PERSONS

 

Forager Fund, LP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐

(b) ☐

SEC USE ONLY

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

3,076,502

SHARED VOTING POWER

 

0

SOLE DISPOSITIVE POWER

 

3,076,502 

SHARED DISPOSITIVE POWER

 

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,076,502 

10 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1% 

12

 

TYPE OF REPORTING PERSON (See Instructions)

 

PN 

 

 
 

 

CUSIP No202608105

Page 3 of 8 Pages

 

1

 

NAME OF REPORTING PERSONS

 

Forager Capital Management, LLC 

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

 

Delaware 

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

3,076,5021

6

SHARED VOTING POWER

 

0

7

SOLE DISPOSITIVE POWER

 

3,076,502

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,076,502 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1% 

12

TYPE OF REPORTING PERSON (See Instructions)

 

IA 

___________________________ 

1 Shares reported in this table are held by Forager Fund, LP, of which the Reporting Person is the general partner.

 

 
 

 

CUSIP No202608105

Page 4 of 8 Pages

 

1

 

NAME OF REPORTING PERSONS

 

Edward Kissel 

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

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

3,076,5022

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

3,076,502

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,076,502 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1% 

12

TYPE OF REPORTING PERSON (See Instructions)

 

HC; IN 

___________________________ 

2 Shares reported in this table are held by Forager Fund, LP, of which Forager Capital Management, LLC is the general partner.  The Reporting Person is a managing partner of Forager Capital Management, LLC.

 

 
 

 

CUSIP No202608105

Page 5 of 8 Pages

 

1

NAME OF REPORTING PERSONS

 

Robert MacArthur

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 

 

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

3,076,5023

7

SOLE DISPOSITIVE POWER

 

8

SHARED DISPOSITIVE POWER

 

3,076,502

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,076,502 

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

9.1% 

12

TYPE OF REPORTING PERSON (See Instructions)

 

HC; IN

 

___________________________ 

3 Shares reported in this table are held by Forager Fund, LP, of which Forager Capital Management, LLC is the general partner.  The Reporting Person is a managing partner of Forager Capital Management, LLC.

 

 
 

 

CUSIP No202608105

Page 6 of 8 Pages

 

ITEM 1(a).

 

NAME OF ISSUER

 

 

 

 

 

Commercial Vehicle Group, Inc. (the “Issuer”)

 

 

 

ITEM 1(b).

 

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

 

 

 

 

 

7800 Walton Parkway

 

 

New Albany, OH 43054

 

 

 

ITEM 2(a).

 

NAME OF PERSONS FILING

 

 

 

 

 

This joint statement on Schedule 13G is being filed by Forager Fund, LP, a Delaware limited partnership (the “Fund”), Forager Capital Management, LLC, a Delaware limited liability company and the general partner of the Fund (the “General Partner”), Edward Kissel and Robert MacArthur (collectively, the “Reporting Persons”).

 

 

 

ITEM 2(b).

 

ADDRESS OF PRINCIPAL BUSINESS OFFICE

 

 

 

 

 

The business address of each of the Reporting Persons is 2025 3rd Ave. N, Suite 350, Birmingham, AL 35203.

 

 

 

ITEM 2(c).

 

CITIZENSHIP

 

 

 

 

 

The Fund is a Delaware limited partnership. The General Partner is a Delaware limited liability company. Each of Messrs. Kissel and MacArthur is a citizen of the United States.

 

 

 

ITEM 2(d).

 

TITLE OF CLASS OF SECURITIES

 

 

 

 

 

Common stock, $0.01 par value (the “Common Stock”).

 

 

 

ITEM 2(e).

 

CUSIP NUMBER

 

 

 

 

 

202608105

 

 

 

ITEM 3.

 

Not applicable.

 

 

 

ITEM 4.

 

OWNERSHIP

 

 

 

 

 

The Reporting Persons, in the aggregate, beneficially own 3,076,502 shares of Common Stock of the Issuer, representing approximately 9.1% of such class of securities. Each of the Fund, the General Partner and Messrs. Kissel and MacArthur beneficially owns 3,076,502 shares of Common Stock representing approximately 9.1% of the class. The percentages of beneficial ownership reported herein, and on each Reporting Person’s cover page to this Schedule 13G, are based on a total of 33,707,070 shares of the Common Stock issued and outstanding as of November 8, 2023, as reported in the most recent quarterly report of the Issuer on Form 10-Q for its fiscal quarter ended September 30, 2023.

 

 

 

 

 

Each of the Fund and the General Partner has the sole power to vote and dispose of 3,076,502 shares of Common Stock. Each of Messrs. Kissel and MacArthur has the shared power to vote and dispose of 3,076,502 shares of Common Stock.

 

 
 

 

CUSIP No202608105

Page 7 of 8 Pages

 

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.

 

 

 

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

 

 

 

 

 

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.

 

 
 

 

SIGNATURES

 

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: February 14, 2024

 

 

 

 

FORAGER FUND, LP

 

       
By:

Forager Capital Management, LLC,

 

 

its General Partner

 
     
  By:

/s/ Robert MacArthur

 

 

 

Robert MacArthur

 

 

 

Managing Partner

 

 

 

 

 

 

FORAGER CAPITAL MANAGEMENT, LLC

 

 

 

 

 

 

By:

/s/ Robert MacArthur

 

 

 

Robert MacArthur

 

 

 

Managing Partner

 

 

 

 

 

 

EDWARD KISSEL

 

 

 

 

 

 

 

/s/ Edward Kissel

 

 

 

Edward Kissel

 

 

 

 

 

 

ROBERT MACARTHUR

 

 

 

 

 

 

 

/s/ Robert MacArthur

 

 

 

Robert MacArthur