ITEM 1.
(a) Name of Issuer: SilverBow Resources, Inc.
(b) Address of Issuer’s Principal Executive Offices: 920 Memorial City Way, Suite 850, Houston, TX 77024
ITEM 2.
(a) Name of Person Filing: DW Partners, LP (“DW”) and DW Investment Partners, LLC (“DWIP”)
(b) Address of Principal Business Office, or if None, Residence: 590 Madison Avenue, 13th Floor, New York, NY 10022
(c) Citizenship: DW is a limited partnership organized under the laws of the State of Delaware. DWIP is a limited liability company organized under the laws of the State of Delaware.
(d) Title of Class of Securities: Common Stock, par value $0.01 per share (the “Common Stock”)
(e) CUSIP Number: 82836G102
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
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(a) | | ☐ | | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). |
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(b) | | ☐ | | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). |
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(c) | | ☐ | | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). |
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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 ss.240.13d-1(b)(1)(ii)(E); |
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(f) | | ☐ | | An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); |
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(g) | | ☒ | | A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); |
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(h) | | ☐ | | A savings associations 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) | | ☐ | | Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). |
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: DW and DWIP are beneficial owners of 0 shares of Common Stock.
(b) Percent of class: DW and DWIP are the beneficial owners of 0% of the outstanding shares of Common Stock. This percentage is determined by dividing 0 by 12,197,736 shares of Common Stock outstanding as of July 30, 2021 (as reported in the Issuer’s most recent Form 10-Q filed with the SEC on August 5, 2021).
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
DW, as the investment adviser to the ultimate beneficial owners of the Common Stock (the “Funds”), may direct the voting and disposition of the 0 shares of Common Stock held by the Funds. DWIP, as the general partner of DW, may direct DW as to the voting and disposition of the 0 shares of Common Stock held by the Funds.