0001019056-24-000120.txt : 20240306
0001019056-24-000120.hdr.sgml : 20240306
20240306182237
ACCESSION NUMBER: 0001019056-24-000120
CONFORMED SUBMISSION TYPE: 144
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: LINCOLN EDUCATIONAL SERVICES CORP
CENTRAL INDEX KEY: 0001286613
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 571150621
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 144
SEC ACT: 1933 Act
SEC FILE NUMBER: 000-51371
FILM NUMBER: 24727508
BUSINESS ADDRESS:
STREET 1: 14 SYLVAN WAY
STREET 2: SUITE A
CITY: PARSIPPANY
STATE: NJ
ZIP: 07054
BUSINESS PHONE: 973-736-9340
MAIL ADDRESS:
STREET 1: 14 SYLVAN WAY
STREET 2: SUITE A
CITY: PARSIPPANY
STATE: NJ
ZIP: 07054
REPORTING-OWNER:
COMPANY DATA:
COMPANY CONFORMED NAME: Juniper Targeted Opportunities, LP
CENTRAL INDEX KEY: 0001680619
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 144
BUSINESS ADDRESS:
STREET 1: 555 MADISON AVENUE, 24TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-339-8500
MAIL ADDRESS:
STREET 1: 555 MADISON AVENUE, 24TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10022
144
1
primary_doc.xml
144
0001680619
XXXXXXXX
LIVE
0001286613
LINCOLN EDUCATIONAL SERVICES CORP
000-51371
14 Sylvan Way, Suite A
Parsippany
NJ
07054
973-736-9340
Juniper Targeted Opportunities, L.P.
10% Shareholder
Common Shares
CF Secured, LLC
110 East 59th Street
21st Floor
New York
NY
10022
250000
2462500.00
31759322
03/06/2024
NASDAQ
Common Shares
11/14/2019
Private Issuance and Sale of Series A Convertible Preferred Shares(3)
Issuer
N
3262714
11/14/2019
Cash
N
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
02/27/2024
169592
1718320.05
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
02/28/2024
70000
738898.30
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
02/29/2024
73241
715143.94
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
03/01/2024
6423
64305.68
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
03/04/2024
2331
23318.12
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
03/05/2024
828
8280.00
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
03/06/2024
250000
2487500.00
Juniper Targeted Opportunities, L.P.
555 Madison Avenue
24th Floor
New York
NY
10022
Common Shares
03/06/2024
36997
373748.71
R#1 Line 3(d) is based on $9.85 the closing per share price on March 5, 2024. R#2 Line 3(e) represents shares outstanding as of February 29, 2024, as reported on the Issuer's Quarterly report on Form 10-K filed March 5, 2024. R#3 The "Nature of Acquisition of Transaction" on November 14, 2019, Juniper Targeted Opportunities, L.P. ("Juniper Opportunities") and its affiliate, Juniper Targeted Opportunity Fund, L.P. ("Juniper Fund") purchased from the issuer an aggregate of 11,200 shares of the Issuer's Series A Convertible Preferred Stock, no par value ("Series A Shares") for at a purchase price of $1,000 per share. Each Series A Share was convertible into 423,729 shares of Common Stock, no par value per share ("Common Shares"). On November 30, 2022, the Issuer converted each of its Series A Share into 423,729 Common Shares ("Conversion"). R#4 The "Amount of Securities Acquired" represents the number of Common Shares received by Juniper Opportunities as a result of the Conversion.
03/06/2024
/s/ John A. Bartholdson for JUNIPER TARGETED OPPORTUNITIES, L.P. By: Juniper Targeted Opportunity Investors, LLC, its General Partner