0001251109-20-000044.txt : 20201026
0001251109-20-000044.hdr.sgml : 20201026
20201026070400
ACCESSION NUMBER: 0001251109-20-000044
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201006
FILED AS OF DATE: 20201026
DATE AS OF CHANGE: 20201026
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Minerva Advisors LLC
CENTRAL INDEX KEY: 0001541536
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 201259005
BUSINESS ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: (484) 434-2258
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MINERVA GROUP L P
CENTRAL INDEX KEY: 0001214692
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 201259006
BUSINESS ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: 484-434-2258
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Minerva GP, LP
CENTRAL INDEX KEY: 0001828277
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 201259007
BUSINESS ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: 484-434-2258
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Minerva GP, Inc.
CENTRAL INDEX KEY: 0001828276
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 201259008
BUSINESS ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: 484-434-2258
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cohen David P.
CENTRAL INDEX KEY: 0001829583
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08443
FILM NUMBER: 201259009
MAIL ADDRESS:
STREET 1: 50 MONUMENT ROAD
STREET 2: SUITE 201
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TELOS CORP
CENTRAL INDEX KEY: 0000320121
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 520880974
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19886 ASHBURN ROAD
CITY: ASHBURN
STATE: VA
ZIP: 20147
BUSINESS PHONE: 7034716000
MAIL ADDRESS:
STREET 1: 19886 ASHBURN ROAD
CITY: ASHBURN
STATE: VA
ZIP: 20147
FORMER COMPANY:
FORMER CONFORMED NAME: C3 INC
DATE OF NAME CHANGE: 19920703
3
1
primary_doc.xml
PRIMARY DOCUMENT
X0206
3
2020-10-06
0
0000320121
TELOS CORP
TLSRP
0001541536
Minerva Advisors LLC
50 MONUMENT ROAD
SUITE 201
BALA CYNWYD
PA
19004
0
0
1
1
Member of 10% Group
0001214692
MINERVA GROUP L P
50 MONUMENT ROAD
SUITE 201
BALA CYNWYD
PA
19004
0
0
1
1
Member of 10% Group
0001828277
Minerva GP, LP
50 MONUMENT ROAD
SUITE 201
BALA CYNWYD
PA
19004
0
0
1
1
Member of 10% Group
0001828276
Minerva GP, Inc.
50 MONUMENT ROAD
SUITE 201
BALA CYNWYD
PA
19004
0
0
1
1
Member of 10% Group
0001829583
Cohen David P.
50 MONUMENT ROAD
SUITE 201
BALA CYNWYD
PA
19004
0
0
1
1
Member of 10% Group
Preferred Stock, par value $.01 per share
122608
I
See footnote (2)
Preferred Stock, par value $.01 per share
153343
I
See footnote (3)
Preferred Stock, par value $.01 per share
7433
I
See footnote (4)
12% Cumulative Exchangeable Redeemable Preferred Stock, par value $.01 per share (the "Preferred Stock"), of Telos Corporation (TLSRP) ("Telos").
Minerva Advisors LLC ("Minerva Advisors") beneficially owns 122,608 shares of Preferred Stock. David P. Cohen, as President and sole member of Minerva Advisors, is also deemed the beneficial owner of such 122,608 shares of Preferred Stock.
Minerva Group, LP ("Minerva Group") is the direct beneficial owner of 153,343 shares of Preferred Stock. Minerva GP, LP ("Minerva GP"), as the General Partner of Minerva Group, Minerva GP, Inc. ("Minerva Inc"), as the General Partner of Minerva GP, David P. Cohen, as President and sole owner of Minerva Inc, and Minerva Advisers, as the investment adviser to Minerva Group, are also deemed the beneficial owner of such 153,343 shares of Preferred Stock.
David P. Cohen is the direct beneficial owner of 7,433 shares of Preferred Stock. Mr. Cohen, as the President of Minerva Advisors, is also the indirect beneficial owner of the 122,608 shares of Preferred Stock beneficially owned by Minerva Advisors; and, as the President of Minerva Group, is also the indirect beneficial owner of the 153,343 shares of Preferred Stock beneficially owned by Minerva Group.
On October 6, 2020, Minerva Advisors, Minerva Group, Minerva GP, Minerva Inc and David P. Cohen (collectively, the "Reporting Persons") entered into a voting and support agreement with Telos and certain other holders of the Preferred Stock representing in the aggregate approximately 32% of the outstanding shares of Preferred Stock. No other transaction is reported herein.
The Reporting Persons disclaim beneficial ownership of the securities described in this statement, except to the extent of their individual pecuniary interest in such securities. The filing of his statement shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities specified in this statement.
Minerva Advisors LLC, by /s/David P. Cohen, President
2020-10-16
Minerva Group, LP, by Minerva GP, LP, its GP, by Minerva GP, Inc., its GP, by /s/David P. Cohen, President
2020-10-16
Minerva GP, LP, by Minerva GP, Inc., its GP, by /s/David P. Cohen, President
2020-10-16
Minerva GP, Inc., by /s/David P. Cohen, President
2020-10-16
/s/David P. Cohen
2020-10-16