0000921895-23-002206.txt : 20230921
0000921895-23-002206.hdr.sgml : 20230921
20230921170312
ACCESSION NUMBER: 0000921895-23-002206
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230919
FILED AS OF DATE: 20230921
DATE AS OF CHANGE: 20230921
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 22NW, LP
CENTRAL INDEX KEY: 0001694297
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 231269689
BUSINESS ADDRESS:
STREET 1: 590 1ST AVE S, UNIT C1
CITY: SEATTLE
STATE: WA
ZIP: 98104
BUSINESS PHONE: 206-437-9174
MAIL ADDRESS:
STREET 1: 590 1ST AVE S, UNIT C1
CITY: SEATTLE
STATE: WA
ZIP: 98104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 22NW Fund, LP
CENTRAL INDEX KEY: 0001640809
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 231269688
BUSINESS ADDRESS:
STREET 1: 1455 NW LEARY WAY
STREET 2: SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
BUSINESS PHONE: 206-227-3078
MAIL ADDRESS:
STREET 1: 1455 NW LEARY WAY
STREET 2: SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 22NW GP, Inc.
CENTRAL INDEX KEY: 0001783663
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 231269686
BUSINESS ADDRESS:
STREET 1: 1455 NW LEARY WAY, SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
BUSINESS PHONE: 206-227-3078
MAIL ADDRESS:
STREET 1: 1455 NW LEARY WAY, SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: English Aron R.
CENTRAL INDEX KEY: 0001770436
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 231269690
MAIL ADDRESS:
STREET 1: 1455 NW LEARY WAY, SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 22NW Fund GP, LLC
CENTRAL INDEX KEY: 0001770575
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39061
FILM NUMBER: 231269687
BUSINESS ADDRESS:
STREET 1: 1455 NW LEARY WAY, SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
BUSINESS PHONE: 206-227-3078
MAIL ADDRESS:
STREET 1: 1455 NW LEARY WAY, SUITE 400
CITY: SEATTLE
STATE: WA
ZIP: 98107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DIRTT ENVIRONMENTAL SOLUTIONS LTD
CENTRAL INDEX KEY: 0001340476
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7303 30 ST S E
CITY: CALGARY ALBERTA T2C 1N6 CAN
STATE: A0
ZIP: T2C 1N6
BUSINESS PHONE: 403-723-5000
MAIL ADDRESS:
STREET 1: 7303 30 ST S E
CITY: CALGARY ALBERTA T2C 1N6 CAN
STATE: A0
ZIP: T2C 1N6
4
1
form410680012_09212023.xml
OWNERSHIP DOCUMENT
X0508
4
2023-09-19
0
0001340476
DIRTT ENVIRONMENTAL SOLUTIONS LTD
DRTT
0001770436
English Aron R.
590 1ST AVE. S
UNIT C1
SEATTLE
WA
98104
1
0
1
0
0001694297
22NW, LP
590 1ST AVE. S
UNIT C1
SEATTLE
WA
98104
0
0
1
0
0001640809
22NW Fund, LP
590 1ST AVE. S
UNIT C1
SEATTLE
WA
98104
0
0
1
0
0001770575
22NW Fund GP, LLC
590 1ST AVE. S
UNIT C1
SEATTLE
WA
98104
0
0
1
0
0001783663
22NW GP, Inc.
590 1ST AVE. S
UNIT C1
SEATTLE
WA
98104
0
0
1
0
0
6.00% Convertible Unsecured Debentures due January 2026
4.65
2023-09-19
4
P
0
18915000
10426837
A
2026-01-31
Common Shares
4067742
18915000
I
By: 22NW Fund, LP
6.25% Convertible Unsecured Debentures due December 2026
4.20
2023-09-19
4
P
0
13638000
6836048
A
2026-12-31
Common Shares
3247143
13638000
I
By: 22NW Fund, LP
Represents Canadian dollars (C$).
The 6.00% Convertible Unsecured Debentures due January 2026 and the 6.25% Convertible Unsecured Debentures due December 2026 are convertible as of the date hereof and were convertible commencing from the date of their original issuance.
This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron R. English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Shares. Mr. English is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund.
/s/ Aron R. English
2023-09-21
22NW Fund, LP; By: 22NW Fund GP, LLC; By: /s/ Aron R. English, Manager
2023-09-21
22NW, LP; By: 22NW GP, Inc.; By: /s/ Aron R. English, President and Sole Shareholder
2023-09-21
22NW Fund GP, LLC; By: /s/ Aron R. English, Manager
2023-09-21
22NW GP, Inc., By: /s/ Aron R. English, President and Sole Shareholder
2023-09-21