0001144204-19-008034.txt : 20190214 0001144204-19-008034.hdr.sgml : 20190214 20190214152833 ACCESSION NUMBER: 0001144204-19-008034 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190214 DATE AS OF CHANGE: 20190214 GROUP MEMBERS: GREENHAVEN ROAD CAPITAL FUND 1, L.P. GROUP MEMBERS: GREENHAVEN ROAD CAPITAL FUND 2, L.P. GROUP MEMBERS: MVM FUNDS, LLC GROUP MEMBERS: SCOTT MILLER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Limbach Holdings, Inc. CENTRAL INDEX KEY: 0001606163 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88248 FILM NUMBER: 19605370 BUSINESS ADDRESS: STREET 1: 1251 WATERFRONT PLACE STREET 2: SUITE 201 CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: (412) 359-2100 MAIL ADDRESS: STREET 1: 1251 WATERFRONT PLACE STREET 2: SUITE 201 CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: 1347 Capital Corp DATE OF NAME CHANGE: 20140422 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Greenhaven Road Investment Management, L.P. CENTRAL INDEX KEY: 0001741129 IRS NUMBER: 364837161 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8 SOUND SHORE DRIVE STREET 2: C/O ROYCE & ASSOCIATES, SUITE 190 CITY: GREENWICH STATE: CT ZIP: 06930 BUSINESS PHONE: 9178802051 MAIL ADDRESS: STREET 1: 8 SOUND SHORE DRIVE STREET 2: C/O ROYCE & ASSOCIATES, SUITE 190 CITY: GREENWICH STATE: CT ZIP: 06930 SC 13G/A 1 tv513765_sc13ga.htm SC 13G/A

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

Limbach Holdings, Inc.

(Name of Issuer)

 

Common Stock, par value $0.0001

(Title of Class of Securities)

 

53263P105

(CUSIP Number)

 

December 31, 2018

(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).

 

 

 

 Page 1 of 11 Pages 

 

 

CUSIP No. 53263P105

 

1. Names of Reporting Persons
   
  Scott Miller
   
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
   
  USA
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.  SOLE VOTING POWER 150,000
6.  SHARED VOTING POWER 0
7.  SOLE DISPOSITIVE POWER 150,000
8.  SHARED DISPOSITIVE POWER 0
   
9. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  150,000
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
   
11. Percent of Class Represented by Amount in Row (9)
   
  1.9%
   
12. Type of Reporting Person (See Instructions)
   
  IN

 

 

*Ownership information above is as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 2 of 11 Pages 

 

 

CUSIP No. 53263P105

 

1. Names of Reporting Persons
   
  Greenhaven Road Investment Management, LP
   
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, USA
   
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
5.  SOLE VOTING POWER 150,000
6.  SHARED VOTING POWER 0
7.  SOLE DISPOSITIVE POWER 150,000
8.  SHARED DISPOSITIVE POWER 0
   
9. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  150,000
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
   
11. Percent of Class Represented by Amount in Row (9)
   
  1.9%
   
12. Type of Reporting Person (See Instructions)
   
  PN

 

 

*Ownership information above is as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 3 of 11 Pages 

 

 

CUSIP No. 53263P105

 

1. Names of Reporting Persons
   
  MVM Funds, 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
   
  New York, USA
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH:

5.  SOLE VOTING POWER 150,000
6.  SHARED VOTING POWER 0
7.  SOLE DISPOSITIVE POWER 150,000
8.  SHARED DISPOSITIVE POWER 0
   
9. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  150,000
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
   
11. Percent of Class Represented by Amount in Row (9)
   
  1.9%
   
12. Type of Reporting Person (See Instructions)
   
  OO

 

 

*Ownership information above is as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 4 of 11 Pages 

 

 

CUSIP No. 53263P105

 

1. Names of Reporting Persons
   
  Greenhaven Road Capital Fund 1, 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, USA
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING
PERSON WITH:

5.  SOLE VOTING POWER 72,262
6.  SHARED VOTING POWER 0
7.  SOLE DISPOSITIVE POWER 72,262
8.  SHARED DISPOSITIVE POWER 0
   
9. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  72,262
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
   
11. Percent of Class Represented by Amount in Row (9)
   
  0.9%
   
12. Type of Reporting Person (See Instructions)
   
  PN

 

 

*Ownership information above is as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 5 of 11 Pages 

 

 

CUSIP No. 53263P105

 

1. Names of Reporting Persons
   
Greenhaven Road Capital Fund 2, 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, USA
   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY EACH

REPORTING

PERSON WITH:

5.  SOLE VOTING POWER 77,738
6.  SHARED VOTING POWER 0
7.  SOLE DISPOSITIVE POWER 77,738
8.  SHARED DISPOSITIVE POWER 0
   
9. Aggregate Amount Beneficially Owned by Each Reporting Person
   
  77,738
   
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
   
11. Percent of Class Represented by Amount in Row (9)
   
1.0%
   
12. Type of Reporting Person (See Instructions)
   
  PN

 

 

*Ownership information above is as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G.

 

 Page 6 of 11 Pages 

 

 

Item 1.

 

(a)The name of the issuer is Limbach Holdings, Inc. (the “Issuer”).

 

(b)The principal executive offices of the Issuer are located at 1251 Waterfront Place, Suite 201, Pittsburgh, Pennsylvania 15222.

 

Item 2.

 

(a)This statement (this “Statement”) is being filed by: (1) Scott Miller; (2) Greenhaven Road Investment Management, LP, a Delaware limited partnership (the “Investment Manager”); (3) MVM Funds, LLC, a New York limited liability company (the “General Partner”); (4) Greenhaven Road Capital Fund 1, L.P., a Delaware limited partnership (“Fund 1”); and (5) Greenhaven Road Capital Fund 2, L.P., a Delaware limited partnership (“Fund 2”, and together with Fund 1, the “Funds”) (all of the foregoing, collectively, the “Reporting Persons”). Each Fund is a private investment vehicle. The Funds directly beneficially own the Common Stock (as defined below) reported in this Statement. The Investment Manager is the investment manager of the Funds. The General Partner is the general partner of the Funds and the Investment Manager. Scott Miller is the controlling person of the General Partner. Scott Miller, the Investment Manager and the General Partner may be deemed to beneficially own the Common Stock directly beneficially owned by the Funds. Each Reporting Person disclaims beneficial ownership with respect to any shares other than the shares directly beneficially owned by such Reporting Person.

 

(b)The principal business office of the Reporting Persons is c/o Royce & Associates LLC, 8 Sound Shore Drive, Suite 190, Greenwich, CT 06830.

 

(c)For citizenship information see Item 4 of the cover page of each Reporting Person.

 

(d)This Statement relates to the Common Stock, par value $0.0001, of the Issuer (the “Common Stock”).

 

(e)The CUSIP Number of the Common Stock is 53263P105.

 

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:

 

(a)¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)¨    An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);

 

 Page 7 of 11 Pages 

 

 

(f)¨    An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
(g)¨    A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
(h)¨    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)¨    A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k)¨    Group, in accordance with §240.13d-1(b)(1)(ii)(K).

 

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______________________

 

Item 4. Ownership.

 

See Items 5-9 and 11 on the cover page for each Reporting Person, and Item 2, which information is given as of the end of business on February 13, 2019, the business day before the date of filing of this Schedule 13G. The beneficial ownership of the Reporting Persons includes 72,262 shares of Common Stock underlying warrants owned directly by Fund 1 and 77,738 shares of Common Stock underlying warrants owned directly by Fund 2.

 

As of the Event Date of December 31, 2018, the beneficial ownership of the Reporting Persons was as follows: Fund 1 directly beneficially owned 91,397 shares of Common Stock underlying warrants owned directly by Fund 1, representing 1.2% of all of the outstanding shares of Common Stock. Fund 2 directly beneficially owned 58,604 shares of Common Stock underlying warrants owned directly by Fund 2, representing 0.8% of all of the outstanding shares of Common Stock.

 

The percentage beneficial ownership of each Reporting Person is based on 7,590,778 shares of Common Stock outstanding as of November 16, 2018, as reported by the Issuer in its Form 10-Q filed on November 19, 2018, and assumes the exercise of the reported warrants.

 

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: x

 

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

 

Not applicable.

 

 Page 8 of 11 Pages 

 

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

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.

 

(a)Not applicable.

 

(b)Not applicable.

 

(c)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.

 

 Page 9 of 11 Pages 

 

 

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 14, 2019

 

Scott Miller

Greenhaven Road Investment Management, LP

MVM Funds, LLC

Greenhaven Road Capital Fund 1, L.P.

Greenhaven Road Capital Fund 2, L.P.

 

By:

/s/ Scott Miller

 
Scott Miller, for himself and as the  
Managing Member of the General  
Partner (for itself and on behalf of  
the Funds and the Investment  
Manager)  

  

 Page 10 of 11 Pages 

 

 

EXHIBIT INDEX

 

Exhibit No.   Document
     
1   Joint Filing Agreement

 

 Page 11 of 11 Pages 

EX-99.1 2 tv513765_ex1-1.htm EXHIBIT 1

 

Exhibit 1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, par value $0.0001 per share, of Limbach Holdings, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned hereby execute this Agreement.

 

Dated: February 14, 2019

 

Scott Miller

Greenhaven Road Investment Management, LP

MVM Funds, LLC

Greenhaven Road Capital Fund 1, L.P.

Greenhaven Road Capital Fund 2, L.P.

 

By: /s/ Scott Miller  
Scott Miller, for himself and as the  
Managing Member of the General  
Partner (for itself and on behalf of  
the Funds and the Investment  
Manager)