0001494655-16-000009.txt : 20160212 0001494655-16-000009.hdr.sgml : 20160212 20160212125016 ACCESSION NUMBER: 0001494655-16-000009 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NICHOLAS FINANCIAL INC CENTRAL INDEX KEY: 0001000045 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 593019317 STATE OF INCORPORATION: FL FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-59007 FILM NUMBER: 161417074 BUSINESS ADDRESS: STREET 1: 2454 MCMULLEN BOOTH RD STREET 2: BLDG C SUITE 501 B CITY: CLEARWATER STATE: FL ZIP: 33759 BUSINESS PHONE: 7277260763 MAIL ADDRESS: STREET 1: 2454 MCMULLEN BOOTH RD STREET 2: BLDG C SUITE 501B CITY: CLEARWATER STATE: FL ZIP: 33759 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Wedbush Opportunity Capital, LLC CENTRAL INDEX KEY: 0001494655 IRS NUMBER: 753242582 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1000 WILSHIRE BOULEVARD STREET 2: SUITE 1140 CITY: LOS ANGELES STATE: CA ZIP: 90017 BUSINESS PHONE: 213-688-8082 MAIL ADDRESS: STREET 1: 1000 WILSHIRE BOULEVARD STREET 2: SUITE 1140 CITY: LOS ANGELES STATE: CA ZIP: 90017 SC 13G 1 nickwop02022016.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G* Under the Securities Exchange Act of 1934 Nicholas Financial, Inc. --------------------------------------------------------------------- (Name of Issuer) Common Stock --------------------------------------------------------------------- (Title of Class of Securities) 65373J209 ----------------- (CUSIP Number) December 31, 2015 --------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) / / Rule 13d-1(c) / / Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in the remainder of this cover 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 1745 (3-98) CUSIP No. 65373J209 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Opportunity Capital, LLC --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 460,968 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 54,553 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 460,968 ---------------------------------------------- 8. Shared Dispositive Power 54,553 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 515,521 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.7% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- IA CUSIP No. 65373J209 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Opportunity Partners, LP --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 460,968 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 0 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 460,968 ---------------------------------------------- 8.Shared Dispositive Power 0 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 460,968 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.0% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- PN Cusip No. 65373J209 13G Nicholas Financial, Inc. --------------------------------------------------------------------- Item 1. Name and Address of Issuer. (a) This statement relates to the shares of the common stock of Nicholas Financial, Inc. ("Issuer"). (b) Issuer's address: 2454 McMullen Booth Road, Building C, Clearwater, FL 33759. Item 2. Filers (a) This statement is filed by Wedbush Opportunity Capital, LLC ("WOC"), and Wedbush Opportunity Partners, LP ("WOP"). (b) Business address of the above filers are as follows: WOC - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 WOP - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 (c) WOC is a limited liability corporation organized under the laws of the State of Delaware. WOP is a limited partnership organized under the laws of the State of Delaware. (d) Common stock (e) 65373J209 Item 3. Classification of Filers (d) WOC is an investment company registered under Section 8 of the Investment Company Act of 1940 Item 4. Ownership The securities reported on this Schedule 13G are held directly by Wedbush Opportunity Partners, L.P. (the Fund) and accounts under management by Wedbush Opportunity Capital, LLC,for the benefit of the Fund's investors. Such securities may be deemed to be indirectly beneficially owned by Wedbush Opportunity Capital,LLC (the General Partner), as the general partner of the Fund. The Fund and the General Partner are the Filers. The Filers and their affiliates report beneficial ownership in conformity with the guidelines articulated by the SEC in Release No. 34-39538 (January 12, 1998) relating to organizations, such as that of the Filers and their affiliates, where related entities exercise voting and investment powers over securities that they hold independently from each other. The General Partner's voting and investment powers over the securities held by the Fund are exercised independently from all of the Filer's other affiliates. The members of the Fund's investment team are also compensated separately from the investment professionals of such affiliates. Further, internal policies and procedures of the Filers and their affiliates establish informational barriers that prevent the flow between the Filers and such affiliates of information that relates to the voting and investment powers over the securities held by the Fund and the voting and investment powers held by such affiliates. Consequently, the Filers and such affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Wedbush Opportunity Capital, LLC disclaim beneficial ownership of shares owned by Wedbush Opportunity Partners, L.P., except to the extent of any pecuniary interest therein. (a) Together, the Reporting Persons beneficially own a total of 515,521 shares of Common Stock of the Issuer. (b) Together, the Reporting Persons beneficially own approximately 6.7% of the outstanding shares of the Issuer. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WOC has 460,968 sole shares; and WOP has 460,968 sole Shares. (ii) Shared power to vote: WOC has 54,553 Shares; and WOP has 0 Shares. (iii) Sole power to dispose: WOC has 460,968 Shares to dispose; and WOP has 460,968 Shares to dispose. (iv) Shared power to dispose; WOC has 54,553 Shares; and WOP has 0 Shares. 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. Not applicable. Item 7. Identification and Classification of Subsidiary which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of a Group. Name Category Wedbush Opportunity Capital, LLC IA Wedbush Opportunity Partners, LP PN Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the Issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. 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. Wedbush Opportunity Capital, LLC 02/02/16 --------------------------- Date JEREMY Q. ZHU ------------------ JEREMY Q. ZHU --------------------------- Signature JEREMY Q. ZHU ------------------ JEREMY Q. ZHU/ Managing Director --------------------------- Name/Title Wedbush Opportunity Partners, LP 02/02/16 --------------------------- Date JEREMY Q. ZHU ------------------ JEREMY Q. ZHU --------------------------- Signature JEREMY Q. ZHU ------------------ JEREMY Q. ZHU/ Managing Director --------------------------- Name/Title