Filing Details

Accession Number:
0001104659-24-023751
Form Type:
13G Filing
Publication Date:
2024-02-13 19:00:00
Filed By:
Wynnefield Partners Small Cap Value Lp
Company:
Quest Resource Holding Corp (NASDAQ:QRHC)
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
WYNNEFIELD PARTNERS SMALL CAP VALUE 833,652 0 833,652 0 833,652 4.2%
WYNNEFIELD PARTNERS SMALL CAP VALUE 1,279,175 0 1,279,175 0 1,279,175 6.5%
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. (No 333,943 0 333,943 0 333,943 1.7%
WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN 257,003 0 257,003 0 257,003 1.3%
WYNNEFIELD CAPITAL MANAGEMENT 2,112,827 0 2,112,827 0 2,112,827 10.7%
WYNNEFIELD CAPITAL, INC. 13-3688495 333,943 0 333,943 0 333,943 1.7%
NELSON OBUS 2,703,773 0 2,703,773 0 2,703,773 13.7%
JoSHUA Landes 2,703,773 0 2,703,773 0 2,703,773 13.7%
Filing

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 6)

 

QUEST RESOURCE HOLDING CORPORATION

(Name of Issuer)

 

Common Stock, $0.001 Par Value

(Title and Class of Securities)

 

74836W203

(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:

 

xRule 13d-1(b)
¨Rule 13d-1(c)
¨Rule 13d-1(d)

 

 

 

 

 

 

CUSIP No. 74836W203   Page 2 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. 13-3688497

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

833,652 Shares

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

833,652 Shares

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

833,652 Shares

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

4.2%

 

12

TYPE OF REPORTING PERSON

 

PN

 

 

2

 

 

CUSIP No. 74836W203   Page 3 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I 13-3953291

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

1,279,175 Shares

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

1,279,175 Shares

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,279,175 Shares

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

6.5%

 

12

TYPE OF REPORTING PERSON

 

PN

 

 

3

 

 

CUSIP No. 74836W203   Page 4 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. (No IRS Identification No.)

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

333,943 Shares

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

333,943 Shares

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

333,943 Shares

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

1.7%

 

12

TYPE OF REPORTING PERSON

 

CO

 

 

4

 

 

CUSIP No. 74836W203   Page 5 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

257,003 Shares

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

257,003 Shares

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

257,003 Shares

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

1.3%

 

12

TYPE OF REPORTING PERSON

 

EP

 

 

5

 

 

CUSIP No. 74836W203   Page 6 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD CAPITAL MANAGEMENT, LLC 13-4018186

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5

SOLE VOTING POWER

 

2,112,827 Shares (1)

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

2,112,827 Shares (1)

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,112,827 Shares (1)

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

10.7% (1)

 

12

TYPE OF REPORTING PERSON

 

OO

 

 

(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.

 

6

 

 

CUSIP No. 74836W203   Page 7 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

WYNNEFIELD CAPITAL, INC. 13-3688495

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

333,943 Shares (1)

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

333,943 Shares (1)

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

333,943 Shares (1)

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

1.7% (1)

 

12

TYPE OF REPORTING PERSON

 

CO

 

 

(1) Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd.

 

7

 

 

CUSIP No. 74836W203   Page 8 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

NELSON OBUS

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

2,703,773 Shares (1)

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

2,703,773 Shares (1)

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,703,773 Shares (1)

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

13.7% (1)

 

12

TYPE OF REPORTING PERSON

 

IN

 

 

(1) Mr. Obus may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd.), and a co-trustee of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Obus, and the inclusion of information herein and therein with respect to Mr. Obus, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Obus disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.

 

8

 

 

CUSIP No. 74836W203   Page 9 of 13 Pages

 

1

NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

 

JoSHUA Landes

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨
(b) x Reporting Person is affiliated with other persons

 

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

 

2,703,773 Shares (1)

 

6

SHARED VOTING POWER

 

0

 

7

SOLE DISPOSITIVE POWER

 

2,703,773 Shares (1)

 

8

SHARED DISPOSITIVE POWER

 

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,703,773 Shares (1)

 

10

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

 

¨

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

13.7% (1)

 

12

TYPE OF REPORTING PERSON

 

IN

 

 

(1) Mr. Landes may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd.), and a co-trustee of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Landes, and the inclusion of information herein and therein with respect to Mr. Landes, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Landes disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.

 

9

 

 

CUSIP No. 74836W203   Page 10 of 13 Pages

 

Item 1(a).

Name of Issuer:

 

Quest Resource Holding Corporation

   
Item 1(b).

Address of Issuer's Principal Executive Offices:

 

3481 Plano Parkway, The Colony, Texas 75056

   
Item 2(a).

Name of Person Filing:

   
    Wynnefield Partners Small Cap Value, L.P. (“Partners”)  
    Wynnefield Partners Small Cap Value, L.P. I (“Partners I”)  
    Wynnefield Small Cap Value Offshore Fund, Ltd. (“Fund”)  
    Wynnefield Capital, Inc. Profit Sharing Plan (the “Plan”)  
    Wynnefield Capital Management, LLC (“WCM”)  
    Wynnefield Capital, Inc. (“WCI”)  
    Nelson Obus  
    Joshua Landes  
       
Item 2(b).

Address of Principal Business Office or, if None, Residence:

 

450 Seventh Avenue, Suite 509, New York, New York 10123

   
Item 2(c).

Citizenship:

   
    Partners and Partners I are Delaware limited partnerships.  
    Fund is Cayman Islands company.  
    WCM is a New York limited liability company.  
    WCI is a Delaware corporation.  
    The Plan is organized in Delaware.  
    Mr. Obus and Mr. Landes are United States citizens.  

 

10

 

 

CUSIP No. 74836W203   Page 11 of 13 Pages

 

Item 2(d).

Title of Class of Securities:

 

Common Stock, $0.001 Par Value Per Share.

   
Item 2(e).

CUSIP Number:

 

74836W203

   
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
   
(a) ¨ Broker or Dealer registered under Section 15 of the Act.
     
(b) ¨ Bank as defined in Section 3(a)(6) of the Act.
     
(c) ¨ Insurance Company as defined in Section 3(a)(19) of the Act.
     
(d) ¨ Investment Company registered under Section 8 of the Investment Company Act.
     
(e) x Investment Adviser registered in accordance with Rule 13d-1(b)(1)(ii)(E).
     
(f) ¨ Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F).
     
(g) ¨ Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
     
(h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
     
(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.

     
(j) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
     
    If this Statement is filed pursuant to Rule 13d-1(c), check this box  ¨.

 

11

 

 

CUSIP No. 74836W203   Page 12 of 13 Pages

 

Item 4. Ownership.
   
  (a) Amount beneficially owned: 2,703,773 Shares
     
  (b) Percent of Class: 13.7% of Common Stock
     
  (c) Number of Shares as to which the person has:
     
    (i) Sole power to vote or to direct the vote: 2,703,773 Shares
       
    (ii) Shared power to vote or to direct the vote: 0 Shares
       
    (iii) Sole power to dispose or to direct the disposition of: 2,703,773 Shares
       
    (iv) Shared Power to dispose or to direct the disposition of: 0 Shares

 

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.

 

Not Applicable.

   
Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not Applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

See Item 2(a)-(c).

   
Item 9.

Notice of Dissolution of Group.

 

Not Applicable.

   
Item 10.

Certifications.

 

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.

 

12

 

 

CUSIP No. 74836W203   Page 13 of 13 Pages

 

SIGNATURE

 

Date: February 14, 2024 WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
   
  By: Wynnefield Capital Management, LLC, General Partner
   
    By: /s/ Nelson Obus
      Nelson Obus, Managing Member
   
  WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I
   
  By: Wynnefield Capital Management, LLC, General Partner
   
    By: /s/ Nelson Obus
      Nelson Obus, Managing Member
   
  WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
   
  By: Wynnefield Capital, Inc.
   
    By: /s/ Nelson Obus
      Nelson Obus, President
   
  WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN
   
    By: /s/ Nelson Obus
      Nelson Obus, Authorized Signatory
   
  WYNNEFIELD CAPITAL MANAGEMENT, LLC
   
    By: /s/ Nelson Obus
      Nelson Obus, Co-Managing Member
   
  WYNNEFIELD CAPITAL, INC.
   
    By: /s/ Nelson Obus
      Nelson Obus, President
   
  /s/ Nelson Obus
  Nelson Obus, Individually
   
  /s/ Joshua Landes
  Joshua Landes, Individually

 

13