0001549648-12-000001.txt : 20120516
0001549648-12-000001.hdr.sgml : 20120516
20120516170341
ACCESSION NUMBER: 0001549648-12-000001
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20120516
DATE AS OF CHANGE: 20120516
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: WESTERN LIBERTY BANCORP
CENTRAL INDEX KEY: 0001406251
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 260469120
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-83392
FILM NUMBER: 12849505
BUSINESS ADDRESS:
STREET 1: 1370 AVENUE OF THE AMERICAS, 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212.445.7800
MAIL ADDRESS:
STREET 1: 1370 AVENUE OF THE AMERICAS, 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER COMPANY:
FORMER CONFORMED NAME: Global Consumer Acquisition Corp.
DATE OF NAME CHANGE: 20070710
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Wedbush Asset Management, LLC
CENTRAL INDEX KEY: 0001549648
IRS NUMBER: 454243633
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 1000 WILSHIRE BOULEVARD
STREET 2: SUITE 830
CITY: LOS ANGELES
STATE: CA
ZIP: 90017
BUSINESS PHONE: 213-688-6604
MAIL ADDRESS:
STREET 1: 1000 WILSHIRE BOULEVARD
STREET 2: SUITE 830
CITY: LOS ANGELES
STATE: CA
ZIP: 90017
SC 13G
1
WLBC2012.txt
WESTERN LIBERTY BANCORP
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE13G*
Under the Securities Exchange Act of 1934
Western Liberty Bancorp
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
961443108
-----------------
(CUSIP Number)
April 12, 2012
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/x/ 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 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).
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
SEC 1745 (3-98)
CUSIP No. 961443108
--------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Asset Management, LLC
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
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3. SEC Use Only
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4. Citizenship or Place of Organization
Delaware
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Number of Shares 5. Sole Voting Power 0
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 776,801
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 0
----------------------------------------------
8. Shared Dispositive Power 776,801
---------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
776,801
---------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.77%
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12. Type of Reporting Person (See Instructions)
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IA
CUSIP No. 961443108
--------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Opportunity Capital, LLC
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
---------------------------------------------------------------------
Number of Shares 5. Sole Voting Power 0
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 776,801
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 0
----------------------------------------------
8. Shared Dispositive Power 776,801
---------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
776,801
---------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.77%
---------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
---------------------------------------------------------------------
OO
CUSIP No. 961443108
--------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Opportunity Partners, LP
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
---------------------------------------------------------------------
Number of Shares 5. Sole Voting Power 0
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 776,801
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 0
----------------------------------------------
8.Shared Dispositive Power 776,801
---------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
776,801
---------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.77%
---------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
---------------------------------------------------------------------
PN
Cusip No. 961443108 13G Western Liberty Bancorp
---------------------------------------------------------------------
Item 1. Name and Address of Issuer.
(a) This statement relates to the shares of the common stock of
Western Liberty Bancorp ("Issuer").
(b) Issuer's address: 8363 West Sunset Road, Suite 350, Las Vegas, NV 89113
Item 2. Filers
(a) This statement is filed by Wedbush Asset Mangement, LLC ("WAM"), Wedbush
Opportunity Capital, LLC ("WOC"), and Wedbush Opportunity Partners, LP ("WOP").
(b) Business address of the above filers are as follows:
WAM - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457
WOC - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457
WOP - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457
(c) WAM is a registered investment adviser. WOC is a limited liability
corporation organized under the laws of the State of Delaware.
WOP is a limited partnership organized under the laws of the State of Delaware.
(d) Common stock
(e) 961443108
Item 3. Classification of Filers
(e) WAM is an investment adviser
(a) - (j) Not applicable
(a) - (j) Not applicable
Item 4. Ownership
(a) Together, the Reporting Persons benefically own a total of 776,801
shares of Common Stock of the Issuer.
(b) Together, the Reporting Persons benefically own approximately 5.77%
of the outstanding shares of the Issuer.
(c) Number of Shares as to which the filer has:
(i) WAM has 0 sole shares; WOC has 0 sole Shares; and WOP has
0 sole shares.
(ii) Shared power to vote; WAM has 776,801 Shares; WOC has 776,801
Shares; and WOP has 776,801 shares to dispose.
(iii) Sole power to dispose: WAM has 0 Shares to dispose; WOC has
0 Shares to dispose; and WOP has 0 shares to dispose.
(iv) Shared power to dispose; WAM has 776,801 Shares; WOC has
776,801 Shares; and WOP has 776,801 shares to dispose.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another.
Not applicable.
Item 7. Identification and Classification of Subsidiary which Acquired
the Securities Being Reported on by the Parent Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of a Group.
Name Category
Wedbush Asset Management, LLC IA
Wedbush Opportunity Capital, LLC OO
Wedbush Opportunity Partners, LP PN
WOC is the general partner and acts as the investment manager for WOP.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the Issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
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.
Wedbush Asset Management, LLC
05/14/2012
---------------------------
Date
ERIC D. WEDBUSH
------------------
Eric D. Wedbush
---------------------------
Signature
ERIC D. WEDBUSH
------------------
Eric D. Wedbush/ Managing Director
---------------------------
Name/Title
Wedbush Opportunity Capital, LLC
05/14/2012
---------------------------
Date
ERIC D. WEDBUSH
------------------
Eric D. Wedbush
---------------------------
Signature
ERIC D. WEDBUSH
------------------
Eric D. Wedbush/ Managing Director
---------------------------
Name/Title
Wedbush Opportunity Partners, LP
05/14/2012
---------------------------
Date
ERIC D. WEDBUSH
------------------
Eric D. Wedbush
---------------------------
Signature
ERIC D. WEDBUSH
------------------
Eric D. Wedbush/ Managing Director
---------------------------
Name/Title