0001213900-20-008399.txt : 20200401
0001213900-20-008399.hdr.sgml : 20200401
20200401181916
ACCESSION NUMBER: 0001213900-20-008399
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200330
FILED AS OF DATE: 20200401
DATE AS OF CHANGE: 20200401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alimco Financial Corp
CENTRAL INDEX KEY: 0001763340
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-14818
FILM NUMBER: 20766791
BUSINESS ADDRESS:
STREET 1: 2336 S.E. OCEAN BOULEVARD SUITE 400
CITY: STUART
STATE: FL
ZIP: 34996
BUSINESS PHONE: 561-287-5399
MAIL ADDRESS:
STREET 1: 2336 S.E. OCEAN BOULEVARD SUITE 400
CITY: STUART
STATE: FL
ZIP: 34996
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRANS WORLD ENTERTAINMENT CORP
CENTRAL INDEX KEY: 0000795212
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735]
IRS NUMBER: 141541629
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0202
BUSINESS ADDRESS:
STREET 1: 38 CORPORATE CIRCLE
CITY: ALBANY
STATE: NY
ZIP: 12203
BUSINESS PHONE: 5184521242
MAIL ADDRESS:
STREET 1: 38 CORPORATE CIRCLE
CITY: ALBANY
STATE: NY
ZIP: 12203
FORMER COMPANY:
FORMER CONFORMED NAME: TRANS WORLD MUSIC CORP
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2020-03-30
0
0000795212
TRANS WORLD ENTERTAINMENT CORP
TWMC
0001763340
Alimco Financial Corp
2336 SE OCEAN BLVD
SUITE 400
STUART
FL
34996
0
0
0
1
See Remarks
Common Stock
25685
D
Warrant for Common Stock
0.01
2020-03-30
4
P
0
1
A
2020-03-30
2025-03-31
Common Stock
127208
1
I
By Alimco Re Ltd.
Reflects the effect of a 20-to-1 reverse stock split by Trans World Entertainment Corporation ("Trans World") of its common stock.
The reported transaction involved the acquisition by Alimco Re Ltd. of a warrant to purchase a total of 127,208 shares of Trans World common stock at a price equal to $0.01 per share (the "Warrant"). Alimco Re Ltd. is a wholly-owned subsidiary of Alimco Financial Corporation ("Alimco"). Alimco may be deemed to have voting and dispositive control over shares held by Alimco Re Ltd.
Alimco disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein. This filing shall not be deemed an admission that Alimco is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
Alimco Re Ltd. acquired the Warrant in connection with a $2,718,000 secured term loan made on March 30, 2020 by Alimco Re Ltd. to Etailz Inc., a wholly-owned subsidiary of Trans World.
Alimco and Mr. Neil S. Subin ("Mr. Subin"), who succeeded to the position of President and Manager of MILFAM LLC, which serves as manager, general partner, or investment advisor of a number of entities formerly managed or advised by the late Lloyd I. Miller, III., and also serves as trustee of a number of Miller family trusts, may be deemed to constitute a "group" for purposes of Section 13(d) the Exchange Act. Alimco and Mr. Subin respectively disclaim (i) the existence of, and membership in, a "group" within the meaning of Section 13(d)(3) of the Exchange Act and Rule 13d-5(b) thereunder, and (ii) beneficial ownership of the securities reported by the other reporting person. The shares of Common stock ("Shares") reported by Alimco in in this filing do not include Shares reported separately by Mr. Subin.
/s/ Jonathan Marcus, Chief Executive Officer
2020-04-01