-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DuCPGqSil775fpZWqkDGrG9y7q8xUojAuAcjPMVQekztxJ38QYcrK3du6k2KbjvM 3seugh6XRwVPPT96MRAF5w== 0000911420-06-000116.txt : 20060214 0000911420-06-000116.hdr.sgml : 20060214 20060214172708 ACCESSION NUMBER: 0000911420-06-000116 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060214 GROUP MEMBERS: CHANNEL PARTNERSHIP II, LP GROUP MEMBERS: NELSON OBUS GROUP MEMBERS: WYNNEFIELD CAPITAL MANAGEMENT, LLC GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. GROUP MEMBERS: WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.I. GROUP MEMBERS: WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOBEL LEARNING COMMUNITIES INC CENTRAL INDEX KEY: 0000721237 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 222465204 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45470 FILM NUMBER: 06617516 BUSINESS ADDRESS: STREET 1: 1615 WEST CHESTER PIKE STREET 2: SUITE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 BUSINESS PHONE: 484-947-2000 MAIL ADDRESS: STREET 1: 1615 W CHESTER PIKE STREET 2: STE 200 CITY: WEST CHESTER STATE: PA ZIP: 19382-6223 FORMER COMPANY: FORMER CONFORMED NAME: NOBEL EDUCATION DYNAMICS INC DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: ROCKING HORSE CHILD CARE CENTERS OF AMERICA INC /DE/ DATE OF NAME CHANGE: 19931222 FORMER COMPANY: FORMER CONFORMED NAME: PETRIE CORP DATE OF NAME CHANGE: 19851031 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WYNNEFIELD PARTNERS SMALL CAP VALUE LP CENTRAL INDEX KEY: 0000899083 IRS NUMBER: 133688497 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 BUSINESS PHONE: 2127600814 MAIL ADDRESS: STREET 1: ONE PENN PLAZA STREET 2: SUITE 4720 CITY: NEW YORK STATE: NY ZIP: 10119 SC 13G/A 1 d1156789.htm SCHEDULE 13G/A (AMENDMENT NO. 3)

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

SCHEDULE 13G/A

(Amendment No. 3)

Nobel Learning Communities, Inc.

------------------------------------------------------------------------------

(Name of Issuer)

Common Stock, $.001 Par Value Per Share

-------------------------------------------------------------------------------

(Title of Class of Securities)

654889104

------------------------------------------------------------------------------

(CUSIP Number of Class of Securities)

December 31, 2005

------------------------------------------------------------------------------

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule

is filed:

o

RULE 13d-1(b)

x

RULE 13d-1(c)

[ ]

RULE 13d-1(d)

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 2 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

Wynnefield Partners Small Cap Value, L.P.I                 13-3688497

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)x  Reporting person is affiliated with other persons

 

 

3)

SEC Use Only

 

 

4)

Citizenship Or Place Of Organization:       Delaware

 

 

NUMBER OF SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON WITH

5)

Sole Voting Power:

 

353,250 Shares

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

353,250 Shares

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

353,250 Shares

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

4.7 % of Common Stock

 

 

12)

Type of Reporting Person (See Instructions) PN

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 3 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person (entities only)

Wynnefield Partners Small Cap Value, L.P. 13-3953291

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

3)

SEC Use Only

 

 

4)

Citizenship Or Place Of Organization:       Delaware

 

 

NUMBER OF SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON WITH

5)

Sole Voting Power:

 

401,150 Shares

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

401,150 Shares

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

401,150 Shares

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

5.3 % of Common Stock

 

 

12)

Type of Reporting Person (See Instructions) PN

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 4 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

Wynnefield Small Cap Value Offshore Fund, Ltd. (No IRS Identification No.)

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

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:

 

255,600 Shares

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

255,600 Shares

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

255,600 Shares

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

3.4 % of Common Stock

 

 

12)

Type of Reporting Person (See Instructions) CO

 

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 5 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person (entities only)

Channel Partnership II, L.P. 22-3215653

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

3)

SEC Use Only

 

 

4)

Citizenship Or Place Of Organization:       New York

 

 

NUMBER OF SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON WITH

5)

Sole Voting Power:

 

19,200 Shares

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

19,200 Shares

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

19,200 Shares

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

0.3 % of Common Stock

 

 

12)

Type of Reporting Person (See Instructions) PN

 

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 6 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person (entities only)

Wynnefield Capital Management, LLC           13-4018186

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

3)

SEC Use Only

 

 

4)

Citizenship Or Place Of Organization:       New York

 

 

NUMBER OF SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON WITH

5)

Sole Voting Power:

 

754,400 Shares (1)

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

754,400 Shares (1)

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

754,400 Shares(1)

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

10.1 % of Common Stock (1)

 

 

12)

Type of Reporting Person (See Instructions) OO (Limited Liability Company)

 

 

(1)          Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.

 

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 7 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person (entities only)

Wynnefield Capital, Inc. (No IRS Identification No.)

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

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:

 

255,600 Shares (1)

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

255,600 Shares (1)

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person :

 

255,600 Shares(1)

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

3.4 % of Common Stock (1)

 

 

12)

Type of Reporting Person (See Instructions) CO

 

 

(1)          Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd.

 

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 8 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person

Wynnefield Capital, Inc. Profit Sharing and Money Purchase Plans, Inc. 13-3873998

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

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:

 

16,900 Shares

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

16,900 Shares

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person:

 

16,900 Shares

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

0.2 % of Common Stock

 

 

12)

Type of Reporting Person (See Instructions) CO

 

 

 

 



 

 

CUSIP NO. 654889104                                                                                                                                  Page 9 of 12

 

 

1)

Name And I.R.S. Identification No. Of Reporting Person (entities only)

Nelson Obus

 

2)

Check the Appropriate Box if a Member of a Group (See Instructions)

 

(a)

 

(b)         x Reporting person is affiliated with other persons

 

 

3)

SEC Use Only

 

 

4)

Citizenship Or Place Of Organization:       United States of America

 

 

NUMBER OF SHARES

BENEFICIALLY OWNED

BY EACH REPORTING

PERSON WITH

5)

Sole Voting Power:

 

36,100 Shares (1)(2)

 

6)

Shared Voting Power

 

7)

Sole Dispositive Power:

 

36,100 Shares (1)(2)

 

 

8)

Shared Dispositive Power

 

 

9)

Aggregate Amount Beneficially Owned By Each Reporting Person:

 

36,100 Shares (1)(2)

 

 

10)

Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares |_|

 

(See Instructions)

 

 

11)

Percent of Class Represented by Amount in Row (9):

 

0.5 % of Common Stock (1)(2)

 

 

12)

Type of Reporting Person (See Instructions) IN

 

 

(1)         Nelson Obus, as general partner of Channel Partnership II, L.P. holds an indirect beneficial interest in 19,200 of these shares which are directly beneficially owned by Channel Partnership II, L.P.

 

 

(2)         Nelson Obus has the power to vote and dispose of the securities owned by the Wynnefield Capital, Inc. Profit Sharing and Money Purchase Plans, Inc. and accordingly holds an indirect beneficial interest in 16,900 of these shares which are directly beneficially owned by the Wynnefield Capital, Inc. Profit Sharing and Money Purchase Plans, Inc.

 

 

 

 



 

 

ITEM 1(a).       Name of Issuer:

 

Nobel Learning Communities, Inc.

 

ITEM 1(b).      Address of Issuer's Principal Executive Offices:

 

1615 West Chester Pike, West Chester, PA 19382

 

ITEM 2(a).       Names of Persons Filing:

 

Wynnefield Partners Small Cap Value, L.P. ("Partners")

 

Wynnefield Partners Small Cap Value, L.P. I ("Partners I")

 

Wynnefield Partners Small Cap Offshore Fund, Ltd. ("Fund")

 

Channel Partnership II, L.P. ("Channel")

 

Wynnefield Capital Management, LLC ("WCM")

 

Wynnefield Capital, Inc. ("WCI")

 

Wynnefield Capital, Inc. Profit Sharing and

Money Purchase Plans, Inc. ("Plan")

 

Nelson Obus (“Obus”)

 

 

ITEM 2(b).

Address of Principal Business Office Or, If None, Residence:

 

450 Seventh Avenue, Suite 509, New York, New York 10123

 

 

ITEM 2(c).

Citizenship:

 

Partners and Partners I are Delaware Limited Partnerships

 

Fund and WCI are Cayman Islands Companies

 

WCM is a New York Limited Liability Company

 

Channel is a New York Limited Partnership

 

The Plan is a New York corporation

 

Obus is a citizen of the United States of America

 

 

ITEM 2(d).

Title of Class of Securities:

 

Common Stock, $.001 Par Value Per Share

 

 

ITEM 2(e).

CUSIP Number: 654889104

 

ITEM 3.

If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:

 

None of the reporting persons is an entity specified in Rule 13d-1(b)(1)(ii).

 

 

ITEM 4.

Ownership:

(a)

Amount beneficially owned by all reporting persons: 1,046,100 Shares

(b)

Percent of class: 13.9 % of Common Stock

(c)

Number of shares as to which the reporting persons have:

 

(i)

sole power to vote or to direct the vote:

 

 

1,046,100 Shares

 

(ii)

shared power to vote or to direct the vote

 

 

 

 



 

 

 

(iii)

sole power to dispose or to direct the disposition:

 

 

1,046,100 Shares

 

(iv)

shared power to dispose or to direct the disposition

 

 

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 person.

 

Not applicable.

 

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.

 

None of the reporting persons who have filed this schedule is a person, as defined in Rule 13d-1(b)(1)(ii), promulgated pursuant to the Securities Exchange Act of 1934.

 

ITEM 9.

Notice of dissolution of group.

 

Not applicable.

 

 

 

 



 

 

ITEM 10.

Certifications.

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 or as a participant in any transaction having that purpose or effect.

Dated:

February 13, 2006

 

 

WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.

 

By:

Wynnefield Capital Management, LLC, General Partner

 

 

 

 

 

By: /s/ Nelson Obus                                                           

 

 

Nelson Obus, Managing Member

 

WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I

 

By:

Wynnefield Capital Management, LLC, General Partner

 

 

 

 

 

By: /s/ Nelson Obus                                                           

 

 

Nelson Obus, Managing Member

 

WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.

 

By:

Wynnefield Capital, Inc.

 

 

By: /s/ Nelson Obus                                                           

 

 

Nelson Obus, President

 

CHANNEL PARTNERSHIP II, L.P.

 

By:

/s/ Nelson Obus                                                                 

 

 

Nelson Obus, General Partner

 

/s/ Nelson Obus                                                                             

 

Nelson Obus, Individually

 

WYNNEFIELD CAPITAL MANAGEMENT, LLC

 

By:

/s/ Nelson Obus                                                                 

 

 

Nelson Obus, Managing Member

 

WYNNEFIELD CAPITAL, INC.

 

By:

/s/ Nelson Obus                                                                 

 

 

Nelson Obus, President

 

WYNNEFIELD CAPITAL, INC. PROFIT SHARING AND MONEY PURCHASE PLANS, INC.

 

By:

/s/ Nelson Obus                                                                 

 

 

Nelson Obus, Portfolio Manager

 

 

 

 

 

 

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