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Schedule 13G | | Page 7 of 11 Pages |
CUSIP NO.68384X209
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| | (d) | | ☐ | | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C.80a-8). |
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| | (e) | | ☐ | | An investment adviser in accordance with§240.13d-1(b)(1)(ii)(E). |
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| | (f) | | ☐ | | An employee benefit plan or endowment fund in accordance with§240.13d-(b)(1)(ii)(F). |
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| | (g) | | ☐ | | A parent holding company or control person in accordance with§240.13d-1(b)(1)(ii)(G). |
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| | (h) | | ☐ | | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
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| | (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). |
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| | (j) | | ☐ | | Anon-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J). |
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| | (k) | | ☐ | | Group, in accordance with§240.13d-(b)(1)(ii)(K). |
Not applicable.
The reporting persons are filing this Schedule 13G pursuant to the provisions of Rule13d-1(h), after previously reporting on Schedule 13D, by virtue of the provisions of Rule13d-1(c). The aggregate percentage of Shares reported owned by each person named herein is based upon 8,436,422 Shares outstanding, which is the total number of Shares outstanding as reported in the Issuer’s quarterly report onForm 10-Q for the quarter ended June 30, 2019. As of November 4, 2019, Henry beneficially owned 445,000 Shares, constituting approximately 5.3% of the Shares outstanding, Matthew beneficially owned 350,000 Shares, constituting approximately 4.1% of the Shares outstanding, and Mr. Wright beneficially owned 35,100 Shares for an aggregate ownership of Henry, Matthew and Mr. Wright of 830,100 Shares, constituting 9.8% of the Shares outstanding. Mr. Wright, as President of the sole general partner of HIT, which is the sole general partner of each of Henry and Matthew, has the authority to vote and dispose of such Shares.
Each of Mr. Wright, Canine Partners, LLC and Henry Investment Trust, L.P. disclaims beneficial ownership of the Shares reported, except to the extend to their respective pecuniary interest in such Shares.
Henry Investment Trust, L.P. is the general partner of each of Henry Partners, L.P. and Matthew Partners, L.P. David W. Wright is the investment manager of each of Henry Partners, L.P. and Matthew Partners, L.P. and is the President of Canine Partners, LLC, the general partner of Henry Investment Trust, L.P. Investment decisions made on behalf of Henry Partners, L.P. and Matthew Partners, L.P. are made primarily through their general partner and David W. Wright.
| (a) | Amount beneficially owned: |
(3) 795,000 shares (Henry Investment Trust, L.P. may be deemed a beneficial owner of the shares held by Henry Partners, L.P. and Matthew Partners, L.P. solely because Henry Investment Trust, L.P. is the general partner of those partnerships)
| (4) | 830,100 shares (including 35,100 shares held individually by Mr. Wright). |