Item 1. | |
(a) | Name of issuer:
SUNLINK HEALTH SYSTEMS INC |
(b) | Address of issuer's principal executive
offices:
900 Circle 75 Parkway, Suite 690, Atlanta, Georgia 30339 |
Item 2. | |
(a) | Name of person filing:
This statement is filed by The Radoff Family Foundation, a Texas non-profit corporation ("Radoff Foundation"), and Bradley L. Radoff. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
Mr. Radoff serves as a director of Radoff Foundation and may be deemed to beneficially own the Common Shares, without par value (the "Shares") owned directly by Radoff Foundation. |
(b) | Address or principal business office or, if
none, residence:
The address of the principal office of each of the Reporting Persons is 2727 Kirby Drive, Unit 29L, Houston, Texas 77098. |
(c) | Citizenship:
Radoff Foundation is organized under the laws of the State of Texas and Mr. Radoff is a citizen of the United States of America. |
(d) | Title of class of securities:
Common Shares, without par value |
(e) | CUSIP No.:
86737U102 |
Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
(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); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
As of the date hereof:
(i) Radoff Foundation directly owned 240,000 Shares; and
(ii) Mr. Radoff directly owned 350,000 Shares. Mr. Radoff, as a director of Radoff Foundation, may also be deemed the beneficial owner of the 240,000 Shares owned by Radoff Foundation, which, together with the 350,000 Shares he directly owns, constitutes an aggregate of 590,000 Shares beneficially owned by Mr. Radoff.
The filing of this Schedule 13G shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own. |
(b) | Percent of class:
The following percentages are based on 7,040,603 Shares outstanding as of February 11, 2025, which is the total number of Shares outstanding as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 12, 2025.
As of the date hereof, (i) Radoff Foundation beneficially owns approximately 3.4% of the outstanding Shares and (ii) Mr. Radoff may be deemed to beneficially own approximately 8.4% of the outstanding Shares. % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
|
| (ii) Shared power to vote or to direct the
vote:
See Cover Pages Items 5-9.
|
| (iii) Sole power to dispose or to direct the
disposition of:
See Cover Pages Items 5-9.
|
| (iv) Shared power to dispose or to direct the
disposition of:
See Cover Pages Items 5-9.
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Item 6. | Ownership of more than 5 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 or
Control Person. |
|
Not Applicable
|
Item 8. | Identification and Classification of Members of
the Group. |
|
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so
indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of
each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or
§240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 99.1. |
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|