0001456827-15-000011.txt : 20151102
0001456827-15-000011.hdr.sgml : 20151102
20151102105345
ACCESSION NUMBER: 0001456827-15-000011
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20151102
DATE AS OF CHANGE: 20151102
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: HC2 Holdings, Inc.
CENTRAL INDEX KEY: 0001006837
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 541708481
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-47735
FILM NUMBER: 151189708
BUSINESS ADDRESS:
STREET 1: 505 HUNTMAR PARK DRIVE
STREET 2: #325
CITY: HERNDON
STATE: VA
ZIP: 20170
BUSINESS PHONE: 703-456-4100
MAIL ADDRESS:
STREET 1: 505 HUNTMAR PARK DRIVE
STREET 2: #325
CITY: HERNDON
STATE: VA
ZIP: 20170
FORMER COMPANY:
FORMER CONFORMED NAME: PTGi HOLDING, INC.
DATE OF NAME CHANGE: 20131108
FORMER COMPANY:
FORMER CONFORMED NAME: PRIMUS TELECOMMUNICATIONS GROUP INC
DATE OF NAME CHANGE: 19960814
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: MITTLEMAN BROTHERS, LLC
CENTRAL INDEX KEY: 0001456827
IRS NUMBER: 203761279
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 105 MAXESS ROAD
STREET 2: SUITE 207
CITY: MELVILLE
STATE: NY
ZIP: 11747
BUSINESS PHONE: 516-686-6200
MAIL ADDRESS:
STREET 1: 105 MAXESS ROAD
STREET 2: SUITE 207
CITY: MELVILLE
STATE: NY
ZIP: 11747
FORMER COMPANY:
FORMER CONFORMED NAME: MITTLEMAN BROTHERS LLC
DATE OF NAME CHANGE: 20090223
SC 13G
1
hchc_1015.txt
HCHC 13G INITIAL FILING 10.31.2015
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 0)*
Name of Issue:
HC2 Holdings, Inc.
Title of Class of Securities: Common Stock
CUSIP Number:
404139107
Date of Event which Requires Filing of this Statement:
October 31, 2015
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).
Persons who 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.
SCHEDULE 13G - Cover Page 1
CUSIP No.: 404139107
1
Names of Reporting Persons:
Mittleman Brothers, LLC
2
Check the appropriate box if a member of a Group
Not applicable
3
Sec Use Only
4
Citizenship or Place of Organization:
New York
5 Number of Shares Beneficially Owned by Each Reporting Person
With: Sole Voting Power:
1,527,587
6 Shared Voting Power
:
0
7
Sole Dispositive Power:
0
8
Shared Dispositive Power
: 1,527,587
9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,527,587
10
Check box if the aggregate amount in row (9) excludes certain
shares ( )
11
Percent of class represented by amount in row (9):
6.0%*
12
Type of Reporting Person:
HC
* Based upon 25,592,356 shares of common stock outstanding as of
July 31, 2015 as disclosed in the Quarterly Report on Form 10-Q
filed by the issuer with the Securities and Exchange Commission
on August 10, 2015.
SCHEDULE 13G - Cover Page 2
CUSIP No.:
404139107
1
Names of Reporting Persons:
Master Control LLC
2
Check the appropriate box if a member of a Group
Not applicable
3
Sec Use Only
4
Citizenship or Place of Organization:
New York
5 Number of Shares Beneficially Owned by Each Reporting Person
With: Sole Voting Power:
1,527,587
6 Shared Voting Power
:
0
7
Sole Dispositive Power:
0
8
Shared Dispositive Power
: 1,527,587
9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,527,587
10
Check box if the aggregate amount in row (9) excludes certain
shares ( )
11
Percent of class represented by amount in row (9):
6.0%*
12
Type of Reporting Person:
HC
* Based upon 25,592,356 shares of common stock outstanding as of
July 31, 2015 as disclosed in the Quarterly Report on Form 10-Q
filed by the issuer with the Securities and Exchange Commission
on August 10, 2015.
SCHEDULE 13G - Cover Page 3
CUSIP No.
404139107
1
Names of Reporting Persons:
Mittleman Investment Management, LLC
2
Check the appropriate box if a member of a Group
Not applicable
3
Sec Use Only
4
Citizenship or Place of Organization:
New York
5 Number of Shares Beneficially Owned by Each Reporting Person
With: Sole Voting Power:
1,527,587
6 Shared Voting Power
:
0
7
Sole Dispositive Power:
0
8
Shared Dispositive Power
: 1,527,587
9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,527,587
10
Check box if the aggregate amount in row (9) excludes certain
shares ( )
11
Percent of class represented by amount in row (9):
6.0%*
12
Type of Reporting Person:
HC
* Based upon 25,592,356 shares of common stock outstanding as of
July 31, 2015 as disclosed in the Quarterly Report on Form 10-Q
filed by the issuer with the Securities and Exchange Commission
on August 10, 2015.
SCHEDULE 13G - Cover Page 4
CUSIP No.
404139107
1
Names of Reporting Persons: Christopher P.
Mittleman
2
Check the appropriate box if a member of a Group
Not applicable
3
Sec Use Only
4
Citizenship or Place of Organization:
New York
5 Number of Shares Beneficially Owned by Each Reporting Person
With: Sole Voting Power:
1,527,587
6 Shared Voting Power
:
0
7
Sole Dispositive Power:
0
8
Shared Dispositive Power
: 1,527,587
9 Aggregate Amount Beneficially Owned by Each Reporting Person:
1,527,587
10
Check box if the aggregate amount in row (9) excludes certain
shares ( )
11
Percent of class represented by amount in row (9):
6.0%*
12
Type of Reporting Person:
HC
* Based upon 25,592,356 shares of common stock outstanding as of
July 31, 2015 as disclosed in the Quarterly Report on Form 10-Q
filed by the issuer with the Securities and Exchange Commission
on August 10, 2015.
Item 1.
(a) Name of Issuer: HC2 Holdings, Inc.
(b) Address of Issuer's Principal Executive Offices:
505 Huntmar Park Drive, Suite 325
Herndon, Virginia 20170
Item 2.
(a) Name of Person Filing: Mittleman Investment Management, LLC
This statement is jointly filed by and on behalf of each of the
Mittleman Brothers, LLC (Mittleman Brothers), Master Control
LLC (Master), Mittleman Investment Management, LLC (MIM),
and Christopher P. Mittleman, Managing Partner and Chief
Investment Officer.
(b) Address of Principal Business Office or, if None, Residence:
The principal business office for each reporting person
identified in Item 2(a) is:
205 Maxess Road, Suite 205
Melville, New York 11747.
(c) Citizenship: See Item 4 on the cover pages attached hereto.
(d) Title and Class of Securities: Common Stock
(e) CUSIP No.: 404139107
Item 3.
If this statement is filed pursuant to section 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;
(b) [_] Bank as defined in Section 3(a)(6) of the Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Act;
(d) [_] Investment company registered under Section 8 of the
Investment Company Act of 1940;
(e) [X] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance
with Rule 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;
(j) [_] A non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J);
(k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J), please specify the type of institution:
Not applicable.
Item 4. Ownership
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1.
(a) Amount Beneficially Owned: 1,527,587
(b) Percent of Class: 6.0%*
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 1,527,587
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of:
1,527,587
* Based upon 25,592,356 shares of common stock outstanding as of
July 31, 2015 as disclosed in the Quarterly Report on Form 10-Q
filed by the issuer with the Securities and Exchange Commission on
August 10, 2015.
Mittleman Investment Management, LLC (MIM) provides investment
advice to institutional clients, high-net-worth individuals, and
pooled investment vehicles (Managed Portfolios). As a result of
its role as investmentadviser of the Managed Portfolios, MIM may be
deemed to be the beneficial owner of the shares of the Issuer's Common
Stock held by such Managed Portfolios. Mittleman Brothers, LLC
(Mittleman Brothers) is the sole member of Master Control LLC
(Master) and Master is the sole member of MIM. Mittleman Brothers
and Master may be deemed to beneficially own securities owned by MIM.
Mr. Mittleman is the Chief Investment Officer of MIM and may be deemed
to beneficially own securities beneficially owned by MIM. As a result,
Mittleman Brothers and Master may be deemed to have the power to exercise
or to direct the exercise of such voting and/or dispositive power that
MIM may have with respect to the Issuer's Common Stock held by the
Managed Portfolios. These shares which are the subject of this report
were acquired in the ordinary course of business, and not with the
purpose or effect of changing or influencing control of the Issuer.
The filing of this statement should not be construed as an admission
that MIM is, for the purposes of Sections 13 or 16 of the Securities
Exchange Act of 1934, the beneficial owner of these shares.
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 ( ).
Not applicable.
Item 6.
Ownership of more than Five Percent on Behalf of Another Person.
The securities that are subject to this report are owned by and
held for the Managed Portfolios. Any dividends received from such
securities, or the proceeds of any sale of such securities, are for
the benefit of, and are held for the Managed Portfolios. No one client
owns more than 5% of the class of securities which are the subject of
this report.
Item 7.
Identification and classification of the subsidiary which acquired
the security being reported on by the parent holding company or
control person.
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.
Certifications.
By signing below I certify that, to the best of my knowledge
and belief,the securities referred to above were acquired and
are held in the ordinary course of business and 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 section
240.14a-11.
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: November 2, 2015
MITTLEMAN BROTHERS, LLC
By: /s/ Christopher P. Mittleman
Name: Christopher P. Mittleman
Title: Managing Member
MASTER CONTROL LLC
By: /s/ Philip C. Mittleman
Name: Philip C. Mittleman
Title: Managing Partner
MITTLEMAN INVESTMENT MANAGEMENT, LLC
By: /s/ Philip C. Mittleman
Name: Philip C. Mittleman
Title: Managing Partner & President
CHRISTOPHER P. MITTLEMAN
By: /s/ Christopher P. Mittleman
Name: Christopher P. Mittleman
Title: Managing Partner & Chief Investment Officer