UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Mannatech, Incorporated
(Name of Issuer)
Common Stock
(Title of Class of Securities)
563771203
(CUSIP Number)
Dayton Judd
Sudbury Capital Fund, LP
136 Oak Trail
Coppell, TX 75019
972-304-5000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 31, 2019
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
* 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).
CUSIP NO. 563771230
| 13G | Page 2 of
|
(1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Sudbury Capital Fund, LP
|
(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 Delaware |
| (5) | Sole Voting Power 0 |
NUMBER OF SHARES BENEFICIALLY
| (6) | Shared Voting Power 130,274 |
OWNED BY EACH REPORTING
| (7) | Sole Dispositive Power 0 |
PERSON WITH
| (8) | Shared Dispositive Power 130,274 |
(9) | Aggregate Amount Beneficially Owned by Each Reporting Person 130,274 |
(10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) |
(11) | Percent of Class Represented by Amount in Row (9) 5.5% |
(12) | Type of Reporting Person (See Instructions) Partnership (PN)
|
CUSIP NO. 563771230
| 13G | Page 2 of
|
(1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Sudbury Holdings, 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 Delaware |
| (5) | Sole Voting Power 0 |
NUMBER OF SHARES BENEFICIALLY
| (6) | Shared Voting Power 130,274 |
OWNED BY EACH REPORTING
| (7) | Sole Dispositive Power 0 |
PERSON WITH
| (8) | Shared Dispositive Power 130,274 |
(9) | Aggregate Amount Beneficially Owned by Each Reporting Person 130,274 |
(10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) |
(11) | Percent of Class Represented by Amount in Row (9) 5.5% |
(12) | Type of Reporting Person (See Instructions) Parent Holding Company/Control Person (HC) |
CUSIP NO. 563771230
| 13G | Page 2 of
|
(1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Sudbury Capital Fund GP, LP
|
(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 Delaware |
| (5) | Sole Voting Power 0 |
NUMBER OF SHARES BENEFICIALLY
| (6) | Shared Voting Power 130,274 |
OWNED BY EACH REPORTING
| (7) | Sole Dispositive Power 0 |
PERSON WITH
| (8) | Shared Dispositive Power 130,274 |
(9) | Aggregate Amount Beneficially Owned by Each Reporting Person 130,274 |
(10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) |
(11) | Percent of Class Represented by Amount in Row (9) 5.5% |
(12) | Type of Reporting Person (See Instructions) Partnership (PN)
|
CUSIP NO. 563771230
| 13G | Page 2 of
|
(1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Sudbury Capital Management, 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 Delaware |
| (5) | Sole Voting Power 0 |
NUMBER OF SHARES BENEFICIALLY
| (6) | Shared Voting Power 130,274 |
OWNED BY EACH REPORTING
| (7) | Sole Dispositive Power 0 |
PERSON WITH
| (8) | Shared Dispositive Power 130,274 |
(9) | Aggregate Amount Beneficially Owned by Each Reporting Person 130,274 |
(10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) |
(11) | Percent of Class Represented by Amount in Row (9) 5.5% |
(12) | Type of Reporting Person (See Instructions) Investment Advisor (IA)
|
CUSIP NO. 563771230
| 13G | Page 2 of
|
(1) | Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only) Dayton Judd |
(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 USA |
| (5) | Sole Voting Power 5,000
|
NUMBER OF SHARES BENEFICIALLY
| (6) | Shared Voting Power 130,274 |
OWNED BY EACH REPORTING
| (7) | Sole Dispositive Power 5,000
|
PERSON WITH
| (8) | Shared Dispositive Power 130,274 |
(9) | Aggregate Amount Beneficially Owned by Each Reporting Person 135,274 |
(10) | Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) |
(11) | Percent of Class Represented by Amount in Row (9) 5.7% |
(12) | Type of Reporting Person (See Instructions) Individual (IN)
|
Item 1. | (a) | Name of Issuer |
|
| The name of the issuer is Mannatech, Incorporated (herein referred to as Issuer). |
| (b) | Address of Issuers Principal Executive Offices |
| | The principal executive offices of the Issuer are located at 1410 Lakeside Parkway, Suite 200, Flower Mound, Texas 75028. |
Item 2. | (a) | Name of Person Filing |
|
| Pursuant to Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the Act), the undersigned hereby files this Schedule 13G Statement on behalf of Sudbury Capital Fund, LP, a Delaware limited partnership; Sudbury Holdings, LLC, a Delaware limited liability company; Sudbury Capital Management, LLC, a Delaware limited liability company; Sudbury Capital GP, LP, a Delaware limited partnership, and Dayton Judd, the Reporting Persons. The Reporting Persons are filing this statement jointly. Neither the fact of this filing nor anything contained herein shall be deemed to be an admission by any of the Reporting Persons that they constitute a group. |
|
| (b) Address of the Principal Office or, if none, residence |
|
| The address of the business office of Sudbury Capital Fund, LP, Sudbury Holdings, LLC, Sudbury Capital Management, LLC, Sudbury Capital GP, LP and Dayton Judd is 136 Oak Trail, Coppell, TX 75019.
|
|
| (c) Citizenship |
|
| Mr. Judd is a citizen of the United States of America.
|
|
| (d) Title of Class of Securities |
|
| The schedule 13G statement relates to Common stock of the Issuer (the Stock).
|
|
| (e) CUSIP Number
|
|
| The CUSIP number for the Stock is 563771203. |
|
| |
Item 3. |
| Filing pursuant to 240.13d-1(c) |
|
| This Schedule 13G statement is not being filed pursuant to Rule 13d-1(b), Rule 13d-1(d), Rule 13d-2(b) or Rule 13d-2(d).
|
Item 4. Ownership
Sudbury Capital Fund, LP:
(a) | Amount beneficially owned: | 130,274 |
(b) | Percent of class: | 5.5% |
(c) | Number of shares to which the person has: | |
| (i) | Sole power to vote or to direct the votes: | 0 |
| (ii) | Shared power to vote or to direct the vote: | 130,274 |
| (iii) | Sole power to dispose or to direct the disposition of: | 0 |
| (iv) | Shared power to dispose or to direct the disposition of: | 130,274 |
Sudbury Holdings, LLC:
Because Sudbury Holdings, LLC is the Parent Company of Sudbury Capital Fund, LP, Sudbury Holdings, LLC may, pursuant to 13d-3 of the Act, be deemed to be the beneficial owner of the Stock held by Sudbury Capital Fund, LP.
(a) | Amount beneficially owned: | 130,274 |
(b) | Percent of class: | 5.5% |
(c) | Number of shares to which the person has: | |
| (i) | Sole power to vote or to direct the votes: | 0 |
| (ii) | Shared power to vote or to direct the vote: | 130,274 |
| (iii) | Sole power to dispose or to direct the disposition of: | 0 |
| (iv) | Shared power to dispose or to direct the disposition of: | 130,274 |
Sudbury Capital GP, LP:
Because Sudbury Capital GP, LP is the general partner of Sudbury Capital Fund, LP, Sudbury Capital GP, LP may, pursuant to 13d-3 of the Act, be deemed to be the beneficial owner of the Stock held by Sudbury Capital Fund, LP.
(a) | Amount beneficially owned: | 130,274 |
(b) | Percent of class: | 5.5% |
(c) | Number of shares to which the person has: | |
| (i) | Sole power to vote or to direct the votes: | 0 |
| (ii) | Shared power to vote or to direct the vote: | 130,274 |
| (iii) | Sole power to dispose or to direct the disposition of: | 0 |
| (iv) | Shared power to dispose or to direct the disposition of: | 130,274 |
Sudbury Capital Management, LLC:
Because Sudbury Capital Management, LLC is the Investment Adviser of Sudbury Capital Fund, LP, Sudbury Capital Management, LLC, may, pursuant to 13d-3 of the Act, be deemed to be the beneficial owner of the Stock held by Sudbury Capital Fund, LP.
(a) | Amount beneficially owned: | 130,274 |
(b) | Percent of class: | 5.5% |
(c) | Number of shares to which the person has: | |
| (i) | Sole power to vote or to direct the votes: | 0 |
| (ii) | Shared power to vote or to direct the vote: | 130,274 |
| (iii) | Sole power to dispose or to direct the disposition of: | 0 |
| (iv) | Shared power to dispose or to direct the disposition of: | 130,274 |
Dayton Judd:
Because Mr. Judd is a member of Sudbury Holdings, LLC and Sudbury Capital Management, LLC and a limited partner of Sudbury Capital GP, LP, Mr. Judd may, pursuant to 13d-3 of the Act, be deemed to be the beneficial owner of the Stock held by Sudbury Capital Fund, LP. In addition Mr. Judd and his spouse hold 5,000 shares of the Stock directly through an Individual Retirement Account.
(a) | Amount beneficially owned: | 135,274 |
(b) | Percent of class: | 5.7% |
(c) | Number of shares to which the person has: | |
| (i) | Sole power to vote or to direct the votes: | 5,000
|
| (ii) | Shared power to vote or to direct the vote: | 130,274 |
| (iii) | Sole power to dispose or to direct the disposition of: | 5,000
|
| (iv) | Shared power to dispose or to direct the disposition of: | 130,274 |
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
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.
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
The following certification shall be included if the statement is filed pursuant to 240.13d-1(c):
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.
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: January 27, 2020 | By: | /s/ Dayton Judd
Name: Dayton Judd
|
Date: January 27, 2020 | Sudbury Capital Fund, LP
|
| By: | /s/ Dayton Judd |
| Name: Dayton Judd |
| Title: Member of the General Partner of the General Partner of Sudbury Capital Fund, LP |
Date: January 27, 2020 | Sudbury Holdings, LLC
|
| By: | /s/ Dayton Judd |
| Name: Dayton Judd |
| |
Date: January 27, 2020 | Sudbury Capital GP, LP
|
| By: | /s/ Dayton Judd |
| Name: Dayton Judd |
| Title: Member of the General Partner of Sudbury Capital GP, LP
|
Date: January 27, 2020 | Sudbury Capital Management, LLC
|
| By: | /s/ Dayton Judd |
| Name: Dayton Judd |
| |