Schedule 13D Amendment No. 1

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FRc53YlMP7dVZrV3qOXdcHWTepDzZD5k30Is8q3lPssQEUDhXljP5EHNr29PeJWr JNWT4R8OD0LgYoYH4aSanQ== 0001193125-10-235437.txt : 20101025 0001193125-10-235437.hdr.sgml : 20101025 20101025143523 ACCESSION NUMBER: 0001193125-10-235437 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20101025 DATE AS OF CHANGE: 20101025 GROUP MEMBERS: CHRIS KUCHANNY GROUP MEMBERS: OSMIUM CAPITAL MANAGEMENT LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ATS CORP CENTRAL INDEX KEY: 0001325460 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 113747950 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81087 FILM NUMBER: 101139660 BUSINESS ADDRESS: STREET 1: 7925 JONES BRANCH DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 571-766-2400 MAIL ADDRESS: STREET 1: 7925 JONES BRANCH DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Federal Services Acquisition CORP DATE OF NAME CHANGE: 20050429 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Osmium Special Situations Fund Ltd CENTRAL INDEX KEY: 0001395453 IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PENTHOUSE SUITE STREET 2: 129 FRONT STREET CITY: HAMILTON STATE: D0 ZIP: HM 12 BUSINESS PHONE: 1 44 1 296 7131 MAIL ADDRESS: STREET 1: CANON'S COURT STREET 2: 22 VICTORIA STREET CITY: HAMILTON STATE: D0 ZIP: HM 11 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 1 Schedule 13D Amendment No. 1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

ATS Corporation

(Name of issuer)

Common Stock, par value $0.0001 per share

(Title of class of securities)

00211E104

(CUSIP number)

Chris Kuchanny

Chairman

Osmium Special Situations Fund Ltd

Canon’s Court,

22 Victoria Street,

Hamilton, HM 11,

Bermuda

(441) 296 7130

(Name, address and telephone number of person authorized to receive notices and communications)

August 27, 2010

(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 249.13d-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 §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).

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC 1746 (3-06)


CUSIP No. 00211E104
1.	Names of reporting persons. I.R.S. Identification Nos. of above persons (entities only) Osmium Special Situations Fund Ltd
2.	Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
3.	SEC use only
4.	Source of funds (see instructions) WC
5.	Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ¨
6.	Citizenship or place of organization Bermuda
Number of shares beneficially owned by each reporting person with:		7.	Sole voting power
		8.	Shared voting power 4,734,980
		9.	Sole dispositive power
		10.	Shared dispositive power 4,734,980
11.	Aggregate amount beneficially owned by each reporting person 4,734,980
12.	Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13.	Percent of class represented by amount in Row (11) 21.01%
14.	Type of reporting person (see instructions) IV


CUSIP No. 00211E104
1.	Names of reporting persons. I.R.S. Identification Nos. of above persons (entities only) Osmium Capital Management Ltd
2.	Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
3.	SEC use only
4.	Source of funds (see instructions) OO
5.	Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ¨
6.	Citizenship or place of organization Bermuda
Number of shares beneficially owned by each reporting person with:		7.	Sole voting power
		8.	Shared voting power 4,734,980
		9.	Sole dispositive power
		10.	Shared dispositive power 4,734,980
11.	Aggregate amount beneficially owned by each reporting person 4,734,980
12.	Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13.	Percent of class represented by amount in Row (11) 21.01%
14.	Type of reporting person (see instructions) IA


CUSIP No. 00211E104
1.	Names of reporting persons. I.R.S. Identification Nos. of above persons (entities only) Chris Kuchanny
2.	Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
3.	SEC use only
4.	Source of funds (see instructions) OO
5.	Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ¨
6.	Citizenship or place of organization United Kingdom
Number of shares beneficially owned by each reporting person with:		7.	Sole voting power
		8.	Shared voting power 4,734,980
		9.	Sole dispositive power
		10.	Shared dispositive power 4,734,980
11.	Aggregate amount beneficially owned by each reporting person 4,734,980
12.	Check if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13.	Percent of class represented by amount in Row (11) 21.01%
14.	Type of reporting person (see instructions) IN

Item 1.

Security and Issuer

This Amendment No.1 to Schedule 13D (this “Amendment No. 1”) relates to the Common Stock, par value $0.0001 per share (the “Common Stock”) of ATS Corporation, a Delaware corporation (the “Issuer”). The address of the executive offices of the Issuer is 7925 Jones Branch Drive, McLean, Virginia 22102.

Item 2.

Identity and Background

Item 2(a) hereby is supplemented as follows:

(a) This Amendment No. 1 is being filed by Osmium Special Situations Fund Ltd (the “Fund”), Osmium Capital Management Ltd (“Osmium”), and Chris Kuchanny (“Mr. Kuchanny” and together with Osmium and the Fund, the “Reporting Persons”).

Item 4.

Purpose of Transaction

Item 4 hereby is amended and restated as follows:

Osmium effected the acquisition of the shares of Common Stock on behalf of the Fund for investment purposes, may effect purchases or sales of the Issuer’s stock at its discretion, and presently intends to contact members of the Issuer’s Board or management from time to time to discuss shareholder matters. Osmium may take such actions from time to time as it deems necessary or appropriate to maximize the value of the Fund’s investment in the Issuer’s securities, including communication with other shareholders, industry participants and other interested parties concerning the Issuer. Osmium intends to review continuously the Fund’s investment in the Issuer and may in the future change its present course of action. Depending upon a variety of factors, including, without limitation, current and anticipated future trading prices of the Common Stock or other securities of the Issuer, the financial condition, results of operations and prospects of the Issuer and general economic, financial market and industry conditions, Osmium may cause the sale of all or part of the shares of Common Stock held by the Fund, or may cause the purchase of additional securities of the Issuer, in privately negotiated transactions, as part of a cash tender offer or exchange offer, or otherwise. Any such purchases or sales may be made at any time without prior notice. Depending upon the foregoing factors or other factors not listed herein, the Reporting Persons may formulate other purposes, plans or proposals with respect to the Issuer, the Common Stock or other equity securities of the Issuer.

Item 5.

Interest in Securities of the Issuer

Item 5 hereby is supplemented as follows:

(a and b) As of the date of this Amendment No. 1, the Fund beneficially owns an aggregate of 4,734,980 shares of Common Stock (the “Shares”). Osmium and the Fund share investment power and voting power with respect to the Shares. Mr. Kuchanny, who serves as the control person of Osmium, shares investment power and voting power with respect to the Shares reported by Osmium and the Fund. The holdings of the Fund represent 21.01% of Issuer’s total outstanding Common Stock.

(c) Since July 8, 2010 through the date hereof, Osmium, on behalf of the Fund, effected the purchases of shares of Common Stock in the open market as set forth on Exhibit 1 hereto. Exhibit 1 is incorporated by reference into this Item 5(c) as if restated in full.

(d) Other than the Fund, which directly holds the Shares, and except as set forth in this Item 5, no person 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.

(e) Not applicable.

Item 7.

Material to Be Filed as Exhibits

1. Exhibit 1

SIGNATURE

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: October 25, 2010	Osmium Special Situations Fund Ltd

		/S/ CHRIS KUCHANNY
	Name:	Chris Kuchanny
	Title:	Chairman

	Osmium Capital Management Ltd

		/S/ CHRIS KUCHANNY
	Name:	Chris Kuchanny
	Title:	Chairman & CEO

		/S/ CHRIS KUCHANNY
	Name:	Chris Kuchanny

EX-1 2 dex1.htm TRADING DATA Trading Data

Exhibit 1

Trading Data


Date	Net Price		Quantity
8-Jul-10	$	2.72		1,550
9-Jul-10	$	2.773		1,000
23-Jul-10	$	2.866		26,337
26-Jul-10	$	2.91		25,200
27-Jul-10	$	2.887		4,200
29-Jul-10	$	2.906		4,900
2-Aug-10	$	2.818		2,700
20-Aug-10	$	2.714		12,600
27-Aug-10	$	2.848		28,000
30-Aug-10	$	2.799		3,850
13-Sep-10	$	2.769		35,860
15-Sep-10	$	2.777		11,200
20-Sep-10	$	2.799		9,800
24-Sep-10	$	2.795		34,943
27-Sep-10	$	2.80		7,000
28-Sep-10	$	2.80		19,600
30-Sep-10	$	2.81		24,500
5-Oct-10	$	2.80		17,500
7-Oct-10	$	2.823		2,100
8-Oct-10	$	2.821		7,000
11-Oct-10	$	2.808		6,089
13-Oct-10	$	2.865		40,870
14-Oct-10	$	2.89		4,200
18-Oct-10	$	2.87		930
19-Oct-10	$	2.873		11,200
20-Oct-10	$	2.931		900
21-Oct-10	$	2.90		147,700

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