0001193125-16-461834.txt : 20160212 0001193125-16-461834.hdr.sgml : 20160212 20160212134530 ACCESSION NUMBER: 0001193125-16-461834 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160212 GROUP MEMBERS: ALEX MITCHELL GROUP MEMBERS: SCOPUS ADVISORS, LLC GROUP MEMBERS: SCOPUS CAPITAL, INC. GROUP MEMBERS: SCOPUS FUND LTD. GROUP MEMBERS: SCOPUS PARTNERS II, L.P. GROUP MEMBERS: SCOPUS PARTNERS, L.P. GROUP MEMBERS: SCOPUS VISTA FUND LTD. GROUP MEMBERS: SCOPUS VISTA PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Jason Industries, Inc. CENTRAL INDEX KEY: 0001579252 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990] IRS NUMBER: 462888322 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87586 FILM NUMBER: 161417468 BUSINESS ADDRESS: STREET 1: 411 E. WISCONSIN AVENUE STREET 2: SUITE 2100 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 414-277-9445 MAIL ADDRESS: STREET 1: 411 E. WISCONSIN AVENUE STREET 2: SUITE 2100 CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: Quinpario Acquisition Corp. DATE OF NAME CHANGE: 20130613 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCOPUS ASSET MANAGEMENT, L.P. CENTRAL INDEX KEY: 0001317583 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 717 FIFTH AVENUE, 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-251-3295 MAIL ADDRESS: STREET 1: 717 FIFTH AVENUE, 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: SCOPUS ASSET MANAGEMENT, LLC DATE OF NAME CHANGE: 20050214 SC 13G/A 1 d280025dsc13ga.htm SC 13G/A NO. 1 SC 13G/A No. 1

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

 

JASON INDUSTRIES, INC.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

471172106

(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:

¨ Rule 13d-1(b)

x 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 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. 471172106

 

  1.   

Names of Reporting Persons

 

Alex Mitchell

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States of America

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,674,101

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

2,674,101

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,674,101

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

11.2%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

2


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Capital, Inc.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,674,101

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

2,674,101

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,674,101

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

11.2%

12.  

Type of Reporting Person (See Instructions)

 

CO

 

 

3


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Asset Management, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

2,674,101

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

2,674,101

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,674,101

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

11.2%

12.  

Type of Reporting Person (See Instructions)

 

IA

 

 

4


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Advisors, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

1,621,814

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

1,621,814

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,621,814

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

7.0%

12.  

Type of Reporting Person (See Instructions)

 

OO

 

5


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Partners, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

256,796

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

256,796

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

256,796

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

1.1%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

6


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Partners II, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

1,115,740

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

1,115,740

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,115,740

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

4.9%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

7


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Vista Partners, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

249,278

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

249,278

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

249,278

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

1.1%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

8


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Fund Ltd.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨         (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

983,680

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

983,680

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

983,680

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

4.3%

12.  

Type of Reporting Person (See Instructions)

 

CO

 

9


CUSIP No. 471172106

 

  1.   

Names of Reporting Persons

 

Scopus Vista Fund Ltd.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨        (b)  x

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

   5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

68,607

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

68,607

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

68,607

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

11.  

Percent of Class Represented by Amount in Row (9)

 

0.3%

12.  

Type of Reporting Person (See Instructions)

 

CO

 

10


Item 1.

(a)

   Name of Issuer:
   Jason Industries, Inc. (the “Issuer”)
(b)   

Address of Issuer’s Principal Executive Offices:

411 East Wisconsin Avenue

Suite 2100

Milwaukee, Wisconsin 53202

Item 2.

(a)

  

Name of Person Filing:

 

This statement is filed by Mr. Alex Mitchell; Scopus Capital, Inc. (“SCI”); Scopus Asset Management, L.P. (“SAMLP”); Scopus Advisors, LLC (“SALLC”); Scopus Partners, L.P. (“SPLP”); Scopus Partners II, L.P. (“SPIILP”); Scopus Vista Partners, L.P. (“SVPLP”); Scopus Fund Ltd. (“SFL”); and Scopus Vista Fund Ltd. (“SVFL,” and together with Mr. Mitchell, SCI, SAMLP, SALLC, SPLP, SPIILP, SVPLP and SFL, the “Reporting Persons”).

(b)

  

Address of Principal Business Office or, if none, Residence:

 

For each Reporting Person:

 

623 Fifth Avenue, 31st Floor

New York, New York 10022

(c)

  

Citizenship:

 

For each Reporting Person other than Mr. Mitchell, SFL and SVFL, Delaware.

 

For Mr. Mitchell, United States of America

 

For SFL and SVFL, British Virgin Islands.

(d)

  

Title of Class of Securities:

 

Common Stock, $0.0001 par value per share (“Common Stock”)

(e)

  

CUSIP Number:

 

471172106

 

Item 3. If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

 

Item 4. Ownership

The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Statement.

The percent of class represented by the amount beneficially owned by each Reporting Person is based on 22,189,336 shares of Common Stock outstanding as of October 28, 2015, as indicated by the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on October 30, 2015.

The beneficial ownership of SPLP consists of 99,089 shares of Common Stock directly held and 157,707 shares of

 

11


Common Stock underlying warrants. The beneficial ownership of SPIILP consists of 409,929 shares of Common Stock directly held and 705,811 shares of Common Stock underlying warrants. The beneficial ownership of SVPLP consists of 87,817 shares of Common Stock directly held and 161,461 shares of Common Stock underlying warrants. The beneficial ownership of SFL consists of 376,822 shares of Common Stock directly held and 606,858 shares of Common Stock underlying warrants. The beneficial ownership of SVFL consists of 26,243 shares of Common Stock directly held and 42,364 shares of Common Stock underlying warrants.

SALLC is the general partner of each of SPLP, SPIILP and SVPLP and is deemed to have beneficial ownership of the Common Stock beneficially owned by each such entity. SAMLP is the investment advisor to each of SPLP, SPIILP, SVPLP, SFL and SVFL and is deemed to have beneficial ownership of the Common Stock beneficially owned by each such entity. SCI is the general partner of SAMLP and is deemed to have beneficial ownership of the Common Stock beneficially owned by SAMLP. Mr. Mitchell holds 100% of the ownership interest in each of SALLC and SCI and is deemed to have beneficial ownership of the Common Stock beneficially owned by each such entity.

The beneficial ownership amounts disclosed above is as of the filing date of this Amendment No. 1 to the Schedule 13G.

 

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person

SPLP, SPIILP, SVPLP, SFL and SVFL, as the entities that directly hold the shares of Common Stock, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock reported as beneficially owned by Mr. Mitchell, SCI, SAMLP and SALLC.

 

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

Not applicable.

 

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 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, other than activities solely in connection with a nomination under § 240.14a-11.

 

12


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.

Dated February 12, 2016

 

ALEX MITCHELL     SCOPUS CAPITAL, INC.

/s/ Daniel Fried, attorney-in-fact

    By:  

/s/ Daniel Fried

      Name: Daniel Fried
      Title: Attorney-in-Fact
       
SCOPUS ASSET MANAGEMENT, L.P.     SCOPUS ADVISORS, LLC
By: Scopus Capital, Inc., its General Partner      
By:  

/s/ Daniel Fried

    By:  

/s/ Daniel Fried

Name: Daniel Fried     Name: Daniel Fried
Title: Attorney-in-Fact     Title: Attorney-in-Fact
SCOPUS PARTNERS, L.P.     SCOPUS PARTNERS II, L.P.
By: Scopus Advisors, LLC, its General Partner     By: Scopus Advisors, LLC, its General Partner
By:  

/s/ Daniel Fried

    By:  

/s/ Daniel Fried

Name: Daniel Fried     Name: Daniel Fried
Title: Attorney-in-Fact     Title: Attorney-in-Fact
SCOPUS VISTA PARTNERS, L.P.     SCOPUS FUND LTD.
By: Scopus Advisors, LLC, its General Partner      
By:  

/s/ Daniel Fried

    By:  

/s/ Daniel Fried

Name: Daniel Fried     Name: Daniel Fried
Title: Attorney-in-Fact     Title: Attorney-in-Fact
SCOPUS VISTA FUND LTD.      
By:  

/s/ Daniel Fried

     
Name: Daniel Fried      
Title: Attorney-in-Fact      

 

13