Filing Details
- Accession Number:
- 0001019056-18-000816
- Form Type:
- 13G Filing
- Publication Date:
- 2018-06-15 16:26:39
- Filed By:
- MAK Capital One
- Company:
- Maxwell Technologies Inc (NASDAQ:MXWL)
- Filing Date:
- 2018-06-15
- 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 |
|---|---|---|---|---|---|---|
| MAK Capital One | 6. | 1,915,050 | 8. | 1,915,050 | 1,915,050 | 5.0% |
| Michael A. Kaufman | 6. | 1,915,050 | 8. | 1,915,050 | 1,915,050 | 5.0% |
| MAK Capital Fund | 6. | 1,446,500 | 8. | 1,446,500 | 1,446,500 | 3.8% |
| MAK-ro Capital Master Fund | 6. | 468,550 | 8. | 468,550 | 468,550 | 1.2% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the
Securities Exchange Act of 1934
(Amendment No. )*
MAXWELL TECHNOLOGIES, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
577767106
(CUSIP Number)
June 6, 2018
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| o | Rule 13d-1(b) |
| x | Rule 13d-1(c) |
| o | 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 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).
| CUSIP No. 577767106 | |||||
| 1. | Names
of Reporting Persons MAK Capital One L.L.C. | ||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | ||||
| (a) | x | ||||
| (b) | o | ||||
| 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 | |||
| 6. | Shared
Voting Power 1,915,050 | ||||
| 7. | Sole Dispositive Power | ||||
| 8. | Shared
Dispositive Power 1,915,050 | ||||
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 1,915,050 | ||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||||
| 11. | Percent
of Class Represented by Amount in Row (9) 5.0%1 | ||||
| 12. | Type
of Reporting Person (See Instructions) IA | ||||
1 The calculation is based upon 38,000,620 shares of Common Stock outstanding as of May 3, 2018, as disclosed by the Issuer in its Form 10-Q Quarterly Report filed with the U.S. Securities and Exchange Commission on May 9, 2018.
| Page 2 of 9. |
| CUSIP No. 577767106 | |||||
| 1. | Names
of Reporting Persons Michael A. Kaufman | ||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | ||||
| (a) | x | ||||
| (b) | o | ||||
| 3. | SEC Use Only | ||||
| 4. | Citizenship
or Place of Organization United States | ||||
| Number
of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power | |||
| 6. | Shared
Voting Power 1,915,050 | ||||
| 7. | Sole Dispositive Power | ||||
| 8. | Shared
Dispositive Power 1,915,050 | ||||
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 1,915,050 | ||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||||
| 11. | Percent
of Class Represented by Amount in Row (9) 5.0%1 | ||||
| 12. | Type
of Reporting Person (See Instructions) IN | ||||
1 The calculation is based upon 38,000,620 shares of Common Stock outstanding as of May 3, 2018, as disclosed by the Issuer in its Form 10-Q Quarterly Report filed with the U.S. Securities and Exchange Commission on May 9, 2018.
| Page 3 of 9. |
| CUSIP No. 577767106 | |||||
| 1. | Names
of Reporting Persons MAK Capital Fund LP | ||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | ||||
| (a) | x | ||||
| (b) | o | ||||
| 3. | SEC Use Only | ||||
| 4. | Citizenship
or Place of Organization Bermuda | ||||
| Number
of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power | |||
| 6. | Shared
Voting Power 1,446,500 | ||||
| 7. | Sole Dispositive Power | ||||
| 8. | Shared
Dispositive Power 1,446,500 | ||||
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 1,446,500 | ||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||||
| 11. | Percent
of Class Represented by Amount in Row (9) 3.8%1 | ||||
| 12. | Type
of Reporting Person (See Instructions) PN | ||||
1 The calculation is based upon 38,000,620 shares of Common Stock outstanding as of May 3, 2018, as disclosed by the Issuer in its Form 10-Q Quarterly Report filed with the U.S. Securities and Exchange Commission on May 9, 2018.
| Page 4 of 9. |
| CUSIP No. 577767106 | |||||
| 1. | Names
of Reporting Persons MAK-ro Capital Master Fund LP | ||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | ||||
| (a) | x | ||||
| (b) | o | ||||
| 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 | |||
| 6. | Shared
Voting Power 468,550 | ||||
| 7. | Sole Dispositive Power | ||||
| 8. | Shared
Dispositive Power 468,550 | ||||
| 9. | Aggregate
Amount Beneficially Owned by Each Reporting Person 468,550 | ||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | ||||
| 11. | Percent
of Class Represented by Amount in Row (9) 1.2%1 | ||||
| 12. | Type
of Reporting Person (See Instructions) PN | ||||
1 The calculation is based upon 38,000,620 shares of Common Stock outstanding as of May 3, 2018, as disclosed by the Issuer in its Form 10-Q Quarterly Report filed with the U.S. Securities and Exchange Commission on May 9, 2018.
| Page 5 of 9. |
| Item 1. | |||
| (a) | Name
of Issuer MAXWELL TECHNOLOGIES, INC. | ||
| (b) | Address
of Issuer’s Principal Executive Offices 3888 CALLE FORTUNADA, SAN DIEGO, CA 92123 | ||
| Item 2. | |||
| (a) | Name of Person Filing i. MAK Capital One L.L.C. (“MAK Capital”); ii. Michael A. Kaufman (“Mr. Kaufman”); iii. MAK Capital Fund LP (“MAK Fund”); iv. MAK-ro Capital Master Fund LP (“MAK-ro Fund” and collectively, the “Reporting Persons”). | ||
| (b) | Address
of Principal Business Office or, if none, Residence The principal business address of (i) MAK Capital and Mr. Kaufman is 590 Madison Avenue, Suite 2401, New York, NY 10022; (ii) MAK Fund is c/o Wakefield Quin, Victoria Place, 31 Victoria Street, Bermuda; (iii) MAK-ro Fund is c/o HMS Cayman Ltd., Grand Pavilion, West Bay Road, Grand Cayman, Cayman Islands. | ||
| (c) | Citizenship Mr. Kaufman is a United States citizen. MAK Fund is a Bermuda limited partnership. MAK-ro Fund is a Cayman Islands exempted company. | ||
| (d) | Title
of Class of Securities Common | ||
| (e) | CUSIP
Number 577767106 | ||
| 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) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |
| (f) | o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |
| (g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | |
| (h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | o | 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) | o | A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J); | |
| (k) | o | Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J), please specify the type of institution:____________________________ | |
| Page 6 of 9. |
| Item 4. | Ownership | ||
| Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | |||
| (a) | Amount beneficially owned:
1,915,050 | ||
| (b) | Percent of class:
5.0% | ||
| (c) | Number of shares as to which the person has:
| ||
| (i) | Sole power to vote or to direct the vote
Not applicable. | ||
| (ii) | Shared power to vote or to direct the vote
Mr. Kaufman, MAK Fund and MAK Capital have shared power to vote or direct the vote of the 1,446,500 shares owned by MAK Fund.
Mr. Kaufman, MAK Capital and MAK-ro Fund have shared power to vote or direct the vote of the 468,550 shares owned by MAK-ro Capital Fund. | ||
| (iii) | Sole power to dispose or to direct the disposition of
Not applicable. | ||
| (iv) | Shared power to dispose or to direct the disposition of
Mr. Kaufman, MAK Fund and MAK Capital have shared power to dispose or direct the disposition of the 1,446,500 shares owned by MAK Fund.
Mr. Kaufman, MAK Capital, MAK-ro Fund and MAK-ro Capital Fund have shared power dispose or direct the dispositions of the 468,550 shares owned by MAK-ro Capital Fund. | ||
| 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 o. | |||
| 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 or Control Person | ||
| Not applicable. | |||
| Item 8. | Identification and Classification of Members of the Group | ||
| Not applicable. | |||
| Item 9. | Notice of Dissolution of Group | ||
| Not applicable. | |||
| Page 7 of 9. |
| Item 10. | Certification |
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, other than activities solely in connection with a nomination under § 240.14a-11. | |
| Page 8 of 9. |
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.
Date: June 15, 2018
| MAK CAPITAL ONE L.L.C. | ||
| By: | /s/ Michael A. Kaufman | |
Michael A. Kaufman, Managing Member | ||
| /s/ Michael A. Kaufman | ||
| MICHAEL A. KAUFMAN | ||
| MAK CAPITAL FUND LP | ||
| By: | MAK GP LLC, general partner | |
| By: | /s/ Michael A. Kaufman | |
Michael A. Kaufman, Managing Member | ||
| MAK-RO CAPITAL MASTER FUND LP | ||
| By: | MAK GP LLC, general partner | |
| By: | /s/ Michael A. Kaufman | |
Michael A. Kaufman, Managing Member | ||
| ATTENTION | ||
| Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). | ||
| Page 9 of 9. |