Filing Details

Accession Number:
0001193125-18-045586
Form Type:
13G Filing
Publication Date:
2018-02-14 16:08:02
Filed By:
Alta Fundamental Advisers Llc
Company:
Premier Exhibitions Inc. (NASDAQ:PRXI)
Filing Date:
2018-02-14
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
Alta Fundamental Advisers 1,057,624 0 1,057,624 0 1,057,624 11.3%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.    )*

 

 

Premier Exhibitions, Inc.

(Name of Issuer)

Common stock $.0001 par value

(Title of Class of Securities)

74051E201

(CUSIP Number)

December 31, 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)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

 

* The remainder of this cover page shall be filled out for a reporting persons 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).

 

 

 


  1   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only)

 

Alta Fundamental Advisers 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.

 

New York

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

     

Sole Voting Power

 

1,057,624 shares

   6   

Shared Voting Power

 

0 shares

   7   

Sole Dispositive Power

 

1,057,624 shares

   8   

Shared Dispositive Power

 

0 shares

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,057,624 shares

10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11  

Percent of Class Represented by Amount in Row (9)

 

11.3%

12  

Type of Reporting Person (See Instructions)

 

IA


Item 1.

 

  (a) Name of Issuer

Premier Exhibitions, Inc.

 

  (b) Address of Issuers Principal Executive Offices

3045 Kingston Court, Suite I, Peachtree Corners, Georgia 30071

 

Item 2.

 

  (a) This Schedule 13G is being filed on behalf of the following person (the Reporting Person):

 

  (i) Alta Fundamental Advisers LLC (Alta Advisers)

 

  (b) Address of Principal Business Office or, if none, Residence

777 Third Avenue, 19th Floor

New York, NY 10017

 

  (c) Citizenship

 

  (i) Alta Advisers: New York

 

  (d) Title of Class of Securities

Common stock $.0001 par value

 

  (e) CUSIP Number

74051E201


Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a)       Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
  (b)       Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
  (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 of 1940 (15 U.S.C 80a-8).
  (e)       An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
  (f)       An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
  (g)       A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
  (h)       A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (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 (15 U.S.C. 80a-3);
  (j)       A non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J);
  (k)       Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

Item 4. Ownership

The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages reported are based on 9,373,116 outstanding shares of Common Stock.

Funds and clients advised by Alta Advisers directly hold 1,057,624 shares of Common Stock.

 

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

The funds and clients advised by Alta Advisers have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock. One client, Blackwell Partners LLCSeries A, has interests with respect to more than five percent of the shares of Common Stock.

 

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

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 acquired and are held in the ordinary course of business and 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.


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.

February 14, 2018

 

ALTA FUNDMENTAL ADVISERS LLC
By:   /s/ Michael Ring
 

Michael Ring

Chief Financial Officer