Filing Details
- Accession Number:
- 0000950170-25-043427
- Form Type:
- 13D Filing
- Publication Date:
- 2025-03-20 20:00:00
- Filed By:
- Pacific Investment Management Company LLC
- Company:
- Quantum Corp (NASDAQ:QMCO)
- Filing Date:
- 2025-03-21
- 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 |
|---|---|---|---|---|---|---|
| Pacific Investment Management Company LLC | 962,127 | 0 | 962,127 | 0 | 962,127 | 16.5% |
Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)
|
QUANTUM CORPORATION (Name of Issuer) |
Common Stock, par value $0.01 per share (Title of Class of Securities) |
747906501 (CUSIP Number) |
Pacific Investment Mgmt Co LLC 650 Newport Center Drive, Newport Beach, CA, 92660 (949) 720-6000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
03/19/2025 (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
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| CUSIP No. | 747906501 |
| 1 |
Name of reporting person
Pacific Investment Management Company LLC | ||||||||
| 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)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
962,127.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
16.5 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA, OO |
Comment for Type of Reporting Person:
(1) The shares reported herein for the Reporting Person represent the securities of the Issuer that are held by OC II FIE V LP and OC III LVS XL LP (see Item 2 of this Schedule 13D), comprised of (i) 289,620 shares of Common Stock held by OC II FIE V LP and (ii) 672,507 shares of Common Stock held by OC III LVS XL LP.
(2) The number of shares outstanding for purposes of this percentage calculation assumes 5,834,199 outstanding shares of Common Stock as of February 11, 2025, as reported by the Issuer in its quarterly report on Form 10-Q for the quarterly period ended December 31, 2024, filed by the Issuer with the Securities and Exchange Commission on February 12, 2025.
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.01 per share | |
| (b) | Name of Issuer:
QUANTUM CORPORATION | |
| (c) | Address of Issuer's Principal Executive Offices:
224 Airport Parkway, Suite 550, San Jose,
CALIFORNIA
, 95110. | |
Item 1 Comment:
This Amendment No. 8 to Schedule 13D (this "Amendment No. 8") amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on March 28, 2022, as amended by Amendment No. 1 to Schedule 13D filed with the SEC on April 26, 2022, Amendment No. 2 to Schedule 13D filed with the SEC on August 12, 2022, Amendment No. 3 to Schedule 13D filed with the SEC on August 24, 2022, Amendment No. 4 to Schedule 13D filed with the SEC on June 14, 2023, Amendment No. 5 to Schedule 13D filed with the SEC on July 14, 2023, Amendment No. 6 to Schedule 13D filed with the SEC on August 15, 2024, and Amendment No. 7 to Schedule 13D filed with the SEC on January 7, 2025 (together with this Amendment No. 8, the "Schedule 13D") relating to the Common Stock of the Company, the principal executive offices of which are located at 224 Airport Parkway, Suite 550, San Jose, California 95110. Only those items that are hereby reported are amended; all other items reported in the original Schedule 13D, as amended, remain unchanged. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Capitalized terms not defined in this Amendment have the meanings ascribed to them in the original Schedule 13D, as amended. | ||
| Item 4. | Purpose of Transaction | |
Item 4 of the Schedule 13D is supplemented by adding the following:
On March 19, 2025, Mr. Chris Neumeyer, an executive vice president and portfolio manager at PIMCO, resigned from the Board. PIMCO intends to retain its board observation rights.
The Reporting Person may dispose of any or all of such shares of Common Stock or other securities held by it at any time. The Reporting Person is evaluating on an ongoing basis its investment in shares of Common Stock of the Issuer.
Except as set forth herein, the Reporting Person has no plans or proposals relating to any matters specified in paragraphs (a) through (j) of Item 4 of Schedule 13D. However, the Reporting Person reserves the right to adopt such plans or proposals in the future, subject to applicable regulatory requirements, if any. Depending on market conditions, an evaluation of the business and the prospects of the Issuer and other factors, the Reporting Person may, in its sole discretion, purchase additional shares of Common Stock, or other securities convertible into or exchangeable for shares of Common Stock, or dispose of shares of Common Stock from time to time in the open market, in privately negotiated transactions or otherwise, subject to market conditions and other factors. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Items 11 and 13 of the cover page of this Schedule 13D are incorporated herein by reference. | |
| (b) | Items 7 through 10 of the cover page of this Schedule 13D are incorporated herein by reference. | |
| Item 7. | Material to be Filed as Exhibits. | |
Item 7 of the Schedule 13D is supplemented by adding the following:
Exhibit 99.9. Amended and Restated Schedule A | ||
| 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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