Filing Details
- Accession Number:
- 0001645721-17-000008
- Form Type:
- 13G Filing
- Publication Date:
- 2017-06-21 18:36:54
- Filed By:
- Divisar Capital Management Llc
- Company:
- Telenav Inc. (NASDAQ:TNAV)
- Filing Date:
- 2017-06-22
- SEC Url:
- 13G Filing
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 |
---|---|---|---|---|---|---|
Divisar Partners QP | 0 | 2,310,577 | 0 | 2,310,577 | 2,310,577 | 5.3% |
Divisar Capital Management | 0 | 2,565,703 | 0 | 2,565,703 | 2,565,703 | 5.9% |
Steve Baughman | 0 | 2,565,703 | 0 | 2,565,703 | 2,565,703 | 5.9% |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ________)* Telenav, Inc. (Name of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 879455103 (CUSIP Number) June 1, 2017 (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) [X] 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). Continued on the following pages Page 1 of 9 Pages CUSIP No. 879455103 13G Page 2 of 9 Pages
1. NAME OF REPORTING PERSON Divisar Partners QP, L.P. 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 DelawareNUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,310,577 (See Note 2) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,310,577 (See Note 2)9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,310,577 (See Note 2) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.3% (See Note 1) 12. TYPE OF REPORTING PERSON PN(1) Based on 43,734,500 outstanding shares of Common Stock as of March 31, 2017, as represented by the Issuer in the Form 10-Q filed with the Securities and Exchange Commission on May 5, 2017.(2) Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, as amended, Divisar Partners QP, L.P. expressly disclaims beneficial ownership over any of the securities reported in this statement, and the filing of this statement shall not be construed as an admission that Divisar Partners QP, L.P. is the beneficial owner of any of the securities reported herein.1. NAME OF REPORTING PERSON Divisar 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 0 6. SHARED VOTING POWER 2,565,703 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,565,7039. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,565,703 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.9% (See Note 3) 12. TYPE OF REPORTING PERSON IA, OO, HC(3) See Note (1) AboveCUSIP No. 879455103 13G Page 4 of 9 Pages1. NAME OF REPORTING PERSON Steve Baughman 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 United StatesNUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,565,7039. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,565,703 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.9% (See Note 4) 12. TYPE OF REPORTING PERSON IN, HC (4) See Note (1) Above CUSIP No. 879455103 13G Page 5 of 9 Pages Item 1. (a) Name of Issuer Telenav, Inc. (the "Issuer") (b) Address of Issuer's Principal Executive Offices 4655 Great America Parkway, Suite 300, Santa Clara, California 95054Item 2. (a) Names of Persons Filing This statement is filed by the entities and persons listed below, who are collectively referred to herein as "Reporting Persons", with respect to the shares of Common Stock (as defined in Item 2(d) below) of the Company: (i) Divisar Partners QP, L.P. (ii) Divisar Capital Management LLC (iii) Mr. Steve Baughman (b) Address of the Principal Office or, if none, residence (i) Divisar Partners QP, L.P. 275 Sacramento Street, 8th Floor, San Francisco, CA 94111 (ii) Divisar Capital Management LLC 275 Sacramento Street, 8th Floor, San Francisco, CA 94111 (iii) Mr. Steve Baughman c/o Divisar Capital Management LLC 275 Sacramento Street, 8th Floor, San Francisco, CA 94111 (c) Citizenship (i) Divisar Partners QP, L.P. - DE (ii) Divisar Capital Management LLC - DE (iii) Mr. Steve Baughman - USA (d) Title of Class of Securities Common Stock, par value $0.001 ("Common Stock") (e) CUSIP Number 879455103Each of the Reporting Persons makes the following certification: By signing below each Reporting Person certifies that, to the best of its 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.After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. June 21, 2017 DIVISAR PARTNERS QP, L.P. By: Divisar Capital Management, LLC, its General Partner By: /s/ Steve Baughman Name: Steve Baughman Title: Managing Member DIVISAR CAPITAL MANAGEMENT LLC By: /s/ Steve Baughman Name: Steve Baughman Title: Managing Member STEVE BAUGHMAN By /s/ Steve BaughmanCUSIP 879455103 13G Page 9 of 9 Pages EXHIBIT A Joint Filing Agreement Pursuant to Rule 13d-1 This agreement is made pursuant to Rule 13d-l(k)(1) under the Securities Exchange Act of 1934, as amended (the "Act") by and among the parties listed below, each referenced to herein as a "Joint Filer". The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the rules thereunder may be filed on each of his, her or its behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1(k). Dated: June 21,2017 DIVISAR PARTNERS QP, LP By: Divisar Capital Management, LLC, its General Partner By: /s/ Steve Baughman Name: Steve Baughman Title: Managing Member DIVISAR CAPITAL MANAGEMENT LLC By: /s/ Steve Baughman Name: Steve Baughman Title: Managing Member STEVE BAUGHMAN By /s/ Steve Baughman