UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
GLOBE SPECIALTY METALS, INC.
(Name of Issuer)
Common Stock, Par Value $0.0001 Per Share
(Title of Class of Securities)
37954N206
(CUSIP Number)
Kevin J. O’Connor
Point72 Asset Management, L.P.
72 Cummings Point Road
Stamford, CT 06902
(203) 890-2000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
12/23/2015
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
* 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).
SCHEDULE 13D
CUSIP No. 37954N206 | | Page 2 of 9 Pages |
1 | NAME OF REPORTING PERSON Point72 Asset Management, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS AF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ☐ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
8 | SHARED VOTING POWER 0 (see Item 5) |
9 | SOLE DISPOSITIVE POWER 0 |
10 | SHARED DISPOSITIVE POWER 0 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (see Item 5) |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ☐ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% (see Item 5) |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN |
SCHEDULE 13D
CUSIP No. 37954N206 | | Page 3 of 9 Pages |
1 | NAME OF REPORTING PERSON Point72 Capital Advisors, Inc. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS AF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ☐ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
8 | SHARED VOTING POWER 0 (see Item 5) |
9 | SOLE DISPOSITIVE POWER 0 |
10 | SHARED DISPOSITIVE POWER 0 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (see Item 5) |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ☐ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% (see Item 5) |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO |
SCHEDULE 13D
CUSIP No. 37954N206 | | Page 4 of 9 Pages |
1 | NAME OF REPORTING PERSON Cubist Systematic Strategies, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS AF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ☐ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
8 | SHARED VOTING POWER 0 (see Item 5) |
9 | SOLE DISPOSITIVE POWER 0 |
10 | SHARED DISPOSITIVE POWER 0 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (see Item 5) |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ☐ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% (see Item 5) |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO |
SCHEDULE 13D
CUSIP No. 37954N206 | | Page 5 of 9 Pages |
1 | NAME OF REPORTING PERSON Rubric Capital Management, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS AF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ☐ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
8 | SHARED VOTING POWER 0 (see Item 5) |
9 | SOLE DISPOSITIVE POWER 0 |
10 | SHARED DISPOSITIVE POWER 0 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (see Item 5) |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ☐ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% (see Item 5) |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO |
SCHEDULE 13D
CUSIP No. 37954N206 | | Page 6 of 9 Pages |
1 | NAME OF REPORTING PERSON Steven A. Cohen |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ (b) ☒ |
3 | SEC USE ONLY |
4 | SOURCE OF FUNDS AF |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | ☐ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 |
8 | SHARED VOTING POWER 0 (see Item 5) |
9 | SOLE DISPOSITIVE POWER 0 |
10 | SHARED DISPOSITIVE POWER 0 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (see Item 5) |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ☒ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% (see Item 5) |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
Preliminary Note. Pursuant to Rule 13d-2 promulgated under the Act, this amendment to Schedule 13D (this “Amendment No. 1”) amends the Schedule 13D filed on December 1, 2015 (the “Original Schedule 13D” and together with this Amendment No. 1, the “Schedule 13D”). Capitalized terms used but not defined in this Amendment No. 1 shall have the meanings given them in the Original Schedule 13D. This Amendment No.1 is being filed to satisfy any reporting obligations that the Reporting Persons may have in respect of the Common Stock in connection with the conversion of all of the shares of Common Stock deemed to be beneficially owned by the Reporting Persons into rights to receive ordinary shares of a separate issuer and the subsequent de-registration and delisting of the Issuer’s securities.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and restated in its entirety to read as follows:
(a) As of the close of business on December 23, 2015, the Reporting Persons beneficially owned 0 shares of Common Stock, representing approximately 0% of the shares of Common Stock outstanding.
(b) None of the Reporting Persons has sole power to vote or direct the vote or sole power to dispose or direct the disposition of shares of Common Stock.
(i) Point72 Asset Management has shared power to vote or direct the vote and shared power to dispose or direct the disposition of zero (-0-) shares of Common Stock;
(ii) Point72 Capital Advisors Inc. has shared power to vote or direct the vote and shared power to dispose or direct the disposition of zero (-0-) shares of Common Stock;
(iii) Cubist Systematic Strategies has shared power to vote or direct the vote and shared power to dispose or direct the disposition of zero (-0-) shares of Common Stock;
(iv) Rubric Capital Management has shared power to vote or direct the vote and shared power to dispose or direct the disposition of zero (-0-) shares of Common Stock; and
(v) Steven A. Cohen has shared power to vote or direct the vote and shared power to dispose or direct the disposition of zero (-0-) shares of Common Stock.
(c) Information concerning transactions in the shares of Common Stock effected by the Portfolio Funds since the filing of the Original 13D is set forth in Schedule A hereto and is incorporated herein by reference. All of such transactions were effected in open market transactions through various brokerage entities on the New York Stock Exchange.
(d) No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock directly beneficially owned by the Portfolio Funds.
(e) As of the close of business on December 23, 2015, the Reporting Persons ceased to beneficially own any shares of Common Stock.
Item 7. Material to be filed as Exhibits.
1. Schedule A - Trading History
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.
Dated: December 29, 2015
POINT72 ASSET MANAGEMENT, L.P.
By: /s/ Kevin J. O’Connor
Name: Kevin J. O’Connor
Title: Authorized Person
POINT72 CAPITAL ADVISORS, INC.
By: /s/ Kevin J. O’Connor
Name: Kevin J. O’Connor
Title: Authorized Person
CUBIST SYSTEMATIC STRATEGIES, LLC
By: /s/ Kevin J. O’Connor
Name: Kevin J. O’Connor
Title: Authorized Person
RUBRIC CAPITAL MANAGEMENT, LLC
By: /s/ Kevin J. O’Connor
Name: Kevin J. O’Connor
Title: Authorized Person
STEVEN A. COHEN
By: /s/ Kevin J. O’Connor
Name: Kevin J. O’Connor
Title: Authorized Person
Schedule A
TRADING HISTORY
The amounts reported in the “Weighted Average Price” column in the table below reflect a weighted average price for the shares of Common Stock purchased or sold by an investment fund managed by the Reporting Person indicated. The shares of Common Stock were purchased or sold, as applicable, in multiple transactions, each at a price within the ranges of price set forth in the “Range of Prices” column in the table below. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges of prices set forth in the table below.
Trade Date | Name | Amount | Weighted Average Price | Range |
12/1/2015 | Cubist Systematic Strategies, LLC | - 115 | 10.21261 | 10.210 - 10.230 |
12/1/2015 | Cubist Systematic Strategies, LLC | 25694 | 10.36863 | 10.180 - 10.450 |
12/1/2015 | Cubist Systematic Strategies, LLC | 463 | 10.24564 | 10.240 - 10.250 |
12/1/2015 | Cubist Systematic Strategies, LLC | - 463 | 10.37413 | 10.360 - 10.390 |
12/1/2015 | Rubric Capital Management, LLC | 53545 | 10.22103 | 10.075 - 10.300 |
12/2/2015 | Cubist Systematic Strategies, LLC | - 3575 | 10.73717 | 10.570 - 10.850 |
12/2/2015 | Cubist Systematic Strategies, LLC | 5718 | 10.93788 | 10.790 - 10.990 |
12/2/2015 | Cubist Systematic Strategies, LLC | 18782 | 11.03650 | 11.000 - 11.090 |
12/2/2015 | Cubist Systematic Strategies, LLC | - 500 | 10.99000 | 10.990 - 10.990 |
12/2/2015 | Cubist Systematic Strategies, LLC | - 8200 | 11.03323 | 11.000 - 11.080 |
12/3/2015 | Point72 Asset Management, L.P. | 1943 | 10.64665 | 10.460 - 10.800 |
12/3/2015 | Cubist Systematic Strategies, LLC | 4900 | 10.76694 | 10.600 - 10.820 |
12/3/2015 | Cubist Systematic Strategies, LLC | - 1556 | 10.78210 | 10.750 - 10.810 |
12/3/2015 | Point72 Asset Management, L.P. | - 1943 | 10.62927 | 10.470 - 10.800 |
12/4/2015 | Point72 Asset Management, L.P. | 972 | 10.54414 | 10.450 - 10.630 |
12/4/2015 | Cubist Systematic Strategies, LLC | 87 | 10.42000 | 10.420 - 10.420 |
12/4/2015 | Cubist Systematic Strategies, LLC | - 1300 | 10.52788 | 10.480 - 10.560 |
12/4/2015 | Point72 Asset Management, L.P. | 2217 | 10.46398 | 10.420 - 10.520 |
12/4/2015 | Point72 Asset Management, L.P. | - 972 | 10.57986 | 10.480 - 10.630 |
12/7/2015 | Point72 Asset Management, L.P. | 972 | 9.91444 | 9.830 - 9.970 |
12/7/2015 | Cubist Systematic Strategies, LLC | 700 | 9.94143 | 9.890 - 9.980 |
12/7/2015 | Point72 Asset Management, L.P. | 8300 | 9.90043 | 9.710 - 9.980 |
12/7/2015 | Point72 Asset Management, L.P. | 3300 | 10.10300 | 10.000 - 10.340 |
12/7/2015 | Point72 Asset Management, L.P. | - 972 | 9.90103 | 9.830 - 9.940 |
12/8/2015 | Cubist Systematic Strategies, LLC | - 500 | 9.68200 | 9.670 - 9.690 |
12/8/2015 | Cubist Systematic Strategies, LLC | 900 | 9.72889 | 9.690 - 9.750 |
12/9/2015 | Cubist Systematic Strategies, LLC | 501 | 9.49846 | 9.450 - 9.730 |
12/9/2015 | Cubist Systematic Strategies, LLC | - 2 | 9.60000 | 9.600 - 9.600 |
12/9/2015 | Cubist Systematic Strategies, LLC | 500 | 9.71300 | 9.705 - 9.715 |
12/10/2015 | Point72 Asset Management, L.P. | - 972 | 9.63070 | 9.570 - 9.770 |
12/10/2015 | Cubist Systematic Strategies, LLC | - 905 | 9.71584 | 9.670 - 9.763 |
12/10/2015 | Cubist Systematic Strategies, LLC | - 1795 | 9.55749 | 9.550 - 9.560 |
12/10/2015 | Cubist Systematic Strategies, LLC | 1795 | 9.57257 | 9.480 - 9.630 |
12/10/2015 | Cubist Systematic Strategies, LLC | - 500 | 9.50100 | 9.490 - 9.520 |
12/10/2015 | Point72 Asset Management, L.P. | 972 | 9.67291 | 9.590 - 9.740 |
12/11/2015 | Cubist Systematic Strategies, LLC | 400 | 9.08500 | 9.050 - 9.110 |
12/11/2015 | Cubist Systematic Strategies, LLC | - 3 | 9.11667 | 9.090 - 9.160 |
12/14/2015 | Cubist Systematic Strategies, LLC | - 1513 | 9.22463 | 9.150 - 9.290 |
12/14/2015 | Cubist Systematic Strategies, LLC | 9047 | 9.28924 | 9.230 - 9.350 |
12/15/2015 | Cubist Systematic Strategies, LLC | 3802 | 9.53332 | 9.390 - 9.570 |
12/16/2015 | Cubist Systematic Strategies, LLC | - 101 | 9.50089 | 9.500 - 9.590 |
12/16/2015 | Cubist Systematic Strategies, LLC | 101 | 9.59119 | 9.590 - 9.710 |
12/17/2015 | Cubist Systematic Strategies, LLC | 1 | 9.55000 | 9.550 - 9.550 |
12/17/2015 | Cubist Systematic Strategies, LLC | - 5852 | 9.77180 | 9.560 - 9.895 |
12/17/2015 | Cubist Systematic Strategies, LLC | 1 | 10.01000 | 10.010 - 10.010 |
12/17/2015 | Point72 Asset Management, L.P. | - 25037 | 9.67176 | 9.470 - 9.990 |
12/17/2015 | Point72 Asset Management, L.P. | - 4963 | 10.03969 | 10.010 - 10.090 |
12/18/2015 | Cubist Systematic Strategies, LLC | - 1 | 9.95000 | 9.950 - 9.950 |
12/18/2015 | Cubist Systematic Strategies, LLC | 600 | 10.12500 | 10.110 - 10.140 |
12/18/2015 | Cubist Systematic Strategies, LLC | - 800 | 10.14500 | 10.050 - 10.260 |
12/21/2015 | Cubist Systematic Strategies, LLC | - 601 | 10.14336 | 10.100 - 10.170 |
12/22/2015 | Cubist Systematic Strategies, LLC | - 800 | 10.41625 | 10.340 - 10.440 |
12/22/2015 | Point72 Asset Management, L.P. | 7359 | 10.39710 | 10.140 - 10.480 |
12/23/2015 | Cubist Systematic Strategies, LLC | - 300 | 10.76000 | 10.740 - 10.780 |
12/23/2015 | Cubist Systematic Strategies, LLC | 600 | 10.51167 | 10.490 - 10.550 |