Filing Details
- Accession Number:
- 0001099910-25-000080
- Form Type:
- 13D Filing
- Publication Date:
- 2025-02-23 19:00:00
- Filed By:
- IMA Value LLP
- Company:
- Rave Restaurant Group Inc. (NASDAQ:RAVE)
- Filing Date:
- 2025-02-24
- SEC Url:
- 13D 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 |
|---|---|---|---|---|---|---|
| IMA Value LLP | 955,988 | 0 | 955,988 | 0 | 955,988 | 6.72% |
Filing
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
|
RAVE RESTAURANT GROUP, INC. (Name of Issuer) |
Common Stock, par value $0.01 per share (Title of Class of Securities) |
754198109 (CUSIP Number) |
Noam Nakash Renanim 8, Ramat Gan, L3, 5259514 972 54 6960417 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
02/21/2025 (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.
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).
SCHEDULE 13D
|
| CUSIP No. | 754198109 |
| 1 |
Name of reporting person
IMA Value LLP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
ISRAEL
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
955,988.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.72 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, par value $0.01 per share |
| (b) | Name of Issuer:
RAVE RESTAURANT GROUP, INC. |
| (c) | Address of Issuer's Principal Executive Offices:
3551 PLANO PARKWAY, THE COLONY,
TEXAS
, 75056. |
| Item 2. | Identity and Background |
| (a) | IMA Value LLP |
| (b) | Renanim 8 Ramat Gan, ISRAEL, 5259514 |
| (c) | Noam Nakash is the founder and majority shareholder of IMA Value (Funds Management) Ltd the General Partner of IMA Value LLP |
| (d) | None |
| (e) | None |
| (f) | Israel |
| Item 3. | Source and Amount of Funds or Other Consideration |
The source of funds is The Limited partnership own funds. | |
| Item 4. | Purpose of Transaction |
The Reporting Person hereby amends and restates their prior disclosure in this Item 4 to clarify that they have no intention to influence the issuer's management, operations, or strategic direction. The Reporting Person does not seek to obtain a seat on the issuer's board of directors, nor do they intend to propose or advocate for any material changes in the issuer's corporate governance, business operations, or capital structure. The Reporting Person holds the securities for investment purposes only and does not currently plan to take any action that would be considered activist or exert control over the issuer. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The percentages of shares of the Common Stock reported to be owned by the Reporting Persons 6.72% is based upon 14,211,566 shares outstanding, which is the total number of outstanding shares of Common Stock given by the Company's corporate secretary as to February 24, 2025. |
| (b) | 955,988
Noam Nakash For IMA Value LLP has the sole power to vote and dispose of the shares of Common Stock that he directly beneficially owns. |
| (c) | The Reporting Person sold 492,125 shares at a price of $2.40 per share. |
| (d) | NA |
| (e) | NA |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
None | |
| Item 7. | Material to be Filed as Exhibits. |
None |
| 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.
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