0001193125-17-307129.txt : 20171010 0001193125-17-307129.hdr.sgml : 20171010 20171010163232 ACCESSION NUMBER: 0001193125-17-307129 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20171010 DATE AS OF CHANGE: 20171010 GROUP MEMBERS: RICHARD DEITZ GROUP MEMBERS: VR ADVISORY SERVICES LTD GROUP MEMBERS: VR CAPITAL GROUP LTD. GROUP MEMBERS: VR CAPITAL HOLDINGS LTD. GROUP MEMBERS: VR CAPITAL PARTICIPATION LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Adeptus Health Inc. CENTRAL INDEX KEY: 0001602367 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOSPITALS [8060] IRS NUMBER: 465037387 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88395 FILM NUMBER: 171130829 BUSINESS ADDRESS: STREET 1: 2941 SOUTH LAKE VISTA CITY: LEWISVILLE STATE: TX ZIP: 75067 BUSINESS PHONE: 9728996666 MAIL ADDRESS: STREET 1: 2941 SOUTH LAKE VISTA CITY: LEWISVILLE STATE: TX ZIP: 75067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VR Global Partners, L.P. CENTRAL INDEX KEY: 0001508563 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: DUBAI INTERNATIONAL FINANCIAL CENTER STREET 2: GATE VILLAGE, BLDG. 4, SUITE 402 CITY: DUBAI STATE: C0 ZIP: 506755 BUSINESS PHONE: 97143723400 MAIL ADDRESS: STREET 1: DUBAI INTERNATIONAL FINANCIAL CENTER STREET 2: GATE VILLAGE, BLDG. 4, SUITE 402 CITY: DUBAI STATE: C0 ZIP: 506755 SC 13G 1 d472402dsc13g.htm SC 13G SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO

RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

 

 

Adeptus Health Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

006855100

(CUSIP Number)

September 28, 2017

(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)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

 

 

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

VR Global Partners, L.P.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

1,269,000

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

1,269,000

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

PN

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

2

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

VR Advisory Services Ltd

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,269,000

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,269,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

CO, IA

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

3

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

VR Capital Participation Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,269,000

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,269,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

CO, HC

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

4

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

VR Capital Group Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,269,000

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,269,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

CO, HC

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

5

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

VR Capital Holdings Ltd.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,269,000

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,269,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

CO, HC

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

6

CUSIP No. 006855100    13G   

 

  1   

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

Richard Deitz

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a)  ☐        (b)  ☐

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,269,000

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,269,000

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,269,000

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

☐

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.2% **

12  

TYPE OF REPORTING PERSON*

 

IN, HC

 

* SEE INSTRUCTIONS BEFORE FILLING OUT
** SEE ITEM 4(b).

 

7

SCHEDULE 13G

This Schedule 13G (this “Schedule 13G”) relates to shares of Class A Common Stock, par value $0.01 per share (“Common Stock”), of Adeptus Health Inc., a Delaware corporation (the “Issuer”), and is being filed on behalf of (i) VR Global Partners, L.P. (the “Fund”), a Cayman Islands exempted limited partnership, (ii) VR Advisory Services Ltd (“VR”), a Cayman Island exempted company, as the general partner of the Fund, (iii) VR Capital Participation Ltd. (“VRCP”), a Cayman Islands exempted company, as the sole shareholder of VR, (iv) VR Capital Group Ltd. (“VRCG”), a Cayman Islands exempted company, as the sole shareholder of VRCP, (v) VR Capital Holdings Ltd. (“VRCH”), a Cayman Islands exempted company, as the sole shareholder of VRCG and (vi) Richard Deitz, the principal of VR, VRCP, VRCG, VRCH (collectively with the Fund, VR, VRCP, VRCG and VRCH, the “Reporting Persons”). All shares of Common Stock are held by the Fund.

 

Item 1(a) Name of Issuer.

Adeptus Health Inc.

 

Item 1(b) Address of Issuer’s Principal Executive Offices.

2941 Lake Vista Drive

Lewisville, Texas 75067

 

Item 2(a) Name of Person Filing.

(i) VR Global Partners, L.P. (the “Fund”), (ii) VR Advisory Services Ltd (“VR”), (iii) VR Capital Participation Ltd. (“VRCP”), (iv) VR Capital Group Ltd. (“VRCG”), VR Capital Holdings Ltd. “VRCH”) and (iv) Richard Deitz.

 

Item 2(b) Address of Principal Business Office, or, if none, Residence.

For the Fund, VRCP, VRCG and VRCH:

c/o o Intertrust (Cayman) Limited

190 Elgin Avenue

George Town

Grand Cayman

KY1-9005

Cayman Islands

For VR and Mr. Deitz:

Niddry Lodge, 51 Holland Street, First Floor

London W8 7JB

 

Item 2(c) Citizenship or Place of Organization.

The Fund is a Cayman Islands exempted limited partnership. VR is a Cayman Islands exempted company. VRCP is a Cayman Islands exempted company. VRCG is a Cayman Islands exempted company. VRCH is a Cayman Islands exempted company. Mr. Deitz is a United States citizen.

 

8

Item 2(d) Title of Class of Securities.

Class A Common Stock, par value $0.01 per share (the “Common Stock”).

 

Item 2(e) CUSIP Number.

006855100

 

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:

Inapplicable.

 

Item 4 Ownership.

For the Fund:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  1,269,000       0       6.2 % 

For VR:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  0       1,269,000       6.2 % 

For VRCP:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  0       1,269,000       6.2 % 

For VRCG:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  0       1,269,000       6.2 % 

For VRCH:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  0       1,269,000       6.2 % 

For Mr. Deitz:

 

Sole Beneficial
Ownership		     Shared Beneficial
Ownership		     Percentage of
Outstanding (1)		  
  0       1,269,000       6.2 % 

 

(1) The above percentages were computed using 20,560,365 shares of Common Stock outstanding as of September 29, 2017, as reported in the Issuer’s Form 8-K filed on October 2, 2017.

 

9

The filing of this Amendment shall not be construed as an admission that VR, VRCP, VRCG, VRCH or Mr. Deitz is or was the beneficial owner of any of the Common Stock of the Issuer purchased by the Fund. Pursuant to Rule 16a-1, VR, VRCP, VRCG, VRCH and Mr. Deitz disclaim such beneficial ownership except to the extent of its or his respective pecuniary interest therein.

 

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

Inapplicable.

 

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

Inapplicable.

 

Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.

Inapplicable.

 

Item 8 Identification and Classification of Members of the Group.

Inapplicable.

 

Item 9 Notice of Dissolution of Group.

Inapplicable.

 

Item 10 Certification.

By signing below each of the Reporting Persons certifies that, to the best of such person’s 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..

 

Exhibits Exhibit 1

Joint Filing Agreement by and among the Reporting Persons dated as of October 10, 2017.

 

10

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 10, 2017

 

VR Global Partners, L.P.
By: VR Advisory Services Ltd, its general partner
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Advisory Services Ltd
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Capital Participation Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Capital Group Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Capital Holdings Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person

/s/ Richard Deitz

Richard Deitz

 

11

EX-99.1 2 d472402dex991.htm EX-99.1 EX-99.1

EXHIBIT 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A Common Stock, par value $0.01 per share, of Adeptus Health Inc., a Delaware corporation, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of October 10, 2017.

 

VR Global Partners, L.P.
By: VR Advisory Services Ltd, its general partner
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Advisory Services Ltd
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Capital Participation Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person

 

12

VR Capital Group Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person
VR Capital Holdings Ltd.
  By:  

/s/ Richard Deitz

  Name:   Richard Deitz
  Title:   Authorized Person

/s/ Richard Deitz

Richard Deitz

 

13