2-20-18: LARGE OWNERSHIP SUMMARY – AVID “CDMO”
This update:
1. Common O/S shares 45,253,038=>55,547,483 after 2-20-18 Direct Placement 10,294,445@$2.25 (underwriter: Wells Fargo).
2. Ronin/SW Group adds +1,302,000sh. Feb9-Feb15; total beneficial now 5,194,487=9.4%.
3. BOD member direct purchases:
...a. Joel McComb pur. 50,000@$2.25 on 2-15-18. (Form 4)
...b. Mark Bamforth pur. 50,000@$2.25 on 2-15-18. (Form 4)
...c. Joseph Carleone(chair) pur. 44,445@$2.25 on 2-15-18. (Form 4)
SEE: 2-20-18/13D: https://tinyurl.com/ych9aspz & Form 4’s: https://tinyurl.com/yc4zjyzv
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
2-20-18: Large Ownership Summary(35.0%) - now 19,439,539shs. (O/S at 2-20-18: 55,547,483)
(Ronin+SW/Stafford+Farley+White, Eastern Cap./K.Dart, Institutions incl. Tappan’s 2-14-18/13G)
3 LARGEST SHAREHOLDERS:
#1: 2-20-18/13D: Group Ronin Trading/SWInvest (John Stafford III+R.Farley+Stephen White) now has 9.4% stake (5,194,487sh.) in PPHM
...5,042,000 COMMON – 9.1% of 55,547,483 common O/S at 2-20-18 (total beneficial=5,194,487 if Pref. conv. x1.1905 to Common)
...128,099 PREFERRED – 7.8% of 1,647,760 preferred O/S at 11-27-17
#2: 2-14-18/13G: Tappan St. Partners (Prasad Phatak) owns 4,516,107sh. (8.1% of 55,547,483 common O/S at 2-20-18) - see INST.OWNERSHIP below.
#3: 12-7-17: Kenneth Dart (Eastern Capital) acquires 7.7% stake (4,300,992sh.) in PPHM in 10-2015 https://tinyurl.com/y7qprpg9
...3,777,183 COMMON – 6.8% of 55,547,483 common O/S at 2-20-18 (total beneficial=4,300,992 if Pref. conv. x1.1905 to Common, 9.5%)
...440,000 PREFERRED – 26.7% of 1,647,760 preferred O/S at 11-27-17RONIN/SW 13D SUMMARY:
13D TransDates COMMON-CHG PREF-CHG ENDING-COMMON ENDING-PREF.
3-2-17 1/20/17-3/1/17 +2,947,425 +51,364 2,947,425 51,364 http://tinyurl.com/jr42u23
3-10-17 3/2/17-3/9/17 +433,509 +25,661 3,380,934 77,025 http://tinyurl.com/ydxra96u
4-17-17 3/28/17-4/10/17 0 +23,334 3,380,934 100,359 http://tinyurl.com/lanjddc
5-19-17 5/1/17-5/17/17 0 +23,140 3,380,934 123,499 http://tinyurl.com/mgnn92x
6-20-17 3/10/17-6/16/17 +378,170 0 3,759,105 123,499 http://tinyurl.com/y76q5rqu
6-29-17 6/21/17 +7,143 0 3,766,248 123,499 http://tinyurl.com/y9sp8bfv
7-14-17 6/29/17-7/7/17 +34,891 +3,600 3,801,139 127,099 http://tinyurl.com/ybra4s69
8-29-17 8/4/17-8/15/17 +27,252 0 3,828,391 127,099 http://tinyurl.com/yay55u3p (14A)
10-10-17 8/16/17-10/10/17 +45,000 0 3,873,391 127,099 http://tinyurl.com/ybvkjd3e (14A)
10-17-17 10/13/17-10/16/17 +109,573 +1,000 3,982,964 128,099 http://tinyurl.com/y983myco
10-27-17 10/17/17-10/27/17 +190,427 0 4,173,391 128,099 http://tinyurl.com/y7hslequ (14A)
2-8-18 1/22/18-2/6/18 -433,391 0 3,740,000 128,099 https://tinyurl.com/ya43sc3r
2-20-18 2/9/18-2/15/18 +1,302,000 0 5,042,000 128,099 https://tinyurl.com/ych9aspz
SPLITOUT 13D GROUP into Ronin(John Stafford III, R.Farley) & SW-Partners(Stephen White):
Ronin Trading (Stafford) 4,040,000 115,299 (beneficial=4,177,260)
Ronin’s Roger Farley 275,000 1,000 (beneficial=276,190)
SW-Partners (White) 727,000 11,800 (beneficial=741,047)
- - - - - - - - - - - - - - -
Plus, INSTITUTIONS a/o 12-31-17: 9,944,060sh. = 17.9%
...Adj. for Tappan still @9-30-17 on Nasdaq: 8,298,953 – 2,871,000 +4,516,107 = 9,944,060
http://www.nasdaq.com/symbol/cdmo/institutional-holdings
TOP10: (with qtly chgs. Since 9-30-17):
Tappan St. Partners 4,516,107 +1,645,107 <=per 2-14-18/13G(see below)
Vanguard Group 1,442,656 -75,454
Blackrock (Larry Fink) 762,010 +708
Bandera Partners 613,037 +58,037
Renaissance Tech. 549,106 +1,916
Geode Capital Mgt. 451,352 +225,676
Wells Fargo & Co. 195,904 +78,075
Stifel Financial 195,102 -9,203
Eqis Capital Mgt. 148,176 +4,581
Quinn Opportunity 92,000 NEW
**2-14-18/13G: Tappan St.(Prasad Phatak) https://tinyurl.com/yd7xkdzg (Event date: 12-31-17)
2 Funds + P.Phatak’s personal shares:
...Partners LLC, Tappan St. Fund L.P. 1,540,000
...Tappan St. Partners Ideas Fund L.P. 2,890,000
...Prasad Phatak (Principle Owner) 86,107
Total TAPPAN: 4,516,107 (10.0%)
Note: Tappan Street (total) Holdings history:
a/o 3-31-17: 914,304
a/o 6-30-17: 1,656,252
a/o 8-14-17: 2,298,684 5.1% (of 45,069,188 O/S 7-11-17)
a/o 9-30-17: 2,871,000 6.4% (of 45,096,081 O/S 9-11-17)
a/o 11-6-17: 3,915,611 8.7% (of 45,096,081 O/S 9-11-17)
a/o 12-31-17: 4,516,107 10.0% (of 45,253,038 O/S 1-8-18)
Final Qtly Inst. Holdings from Nasdaq:
3-31-17: 5,690,888
6-30-17: 6,834,425
9-30-17: 8,491,679
12-31-17: 9,944,060 (adj. For Tappan 2-14-18/13G)
