NEXEO SOLUTIONS, INC.
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(Name of Issuer)
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COMMON STOCK, $0.0001 PAR VALUE PER SHARE
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(Title of Class of Securities)
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65342H102
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(CUSIP Number)
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June 22, 2016
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(Date of Event Which Requires Filing of this Statement)
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CUSIP No. 65342H102
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(1)
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Names of Reporting Persons
Park West Asset Management LLC
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(2)
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) o
(b) o
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(3)
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SEC Use Only
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(4)
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Citizenship or Place of Organization
Delaware
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Number of Shares Beneficially Owned by
Each Reporting Person With:
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(5) Sole Voting Power |
5,096,280*
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(6) Shared Voting Power |
0
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(7) Sole Dispositive Power |
5,096,280*
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(8) Shared Dispositive Power
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0
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(9)
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Aggregate Amount Beneficially Owned by Each Reporting Person
5,096,280*
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(10)
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): o
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(11)
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Percent of Class Represented by Amount in Row (9)
5.7%*
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(12)
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Type of Reporting Person (See Instructions)
IA
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CUSIP No. 65342H102
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(1)
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Names of Reporting Persons
Peter S. Park
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(2)
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) o
(b) o
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(3)
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SEC Use Only
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(4)
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Citizenship or Place of Organization
United States of America
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Number of Shares Beneficially Owned by
Each Reporting Person With:
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(5) Sole Voting Power |
5,096,280*
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(6) Shared Voting Power |
0
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(7) Sole Dispositive Power |
5,096,280*
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(8) Shared Dispositive Power
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0
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(9)
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Aggregate Amount Beneficially Owned by Each Reporting Person
5,096,280*
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(10)
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): o
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(11)
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Percent of Class Represented by Amount in Row (9)
5.7%*
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(12)
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Type of Reporting Person (See Instructions)
IN
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Item 1(b). Address of Issuer’s Principal Executive Offices.
3 Waterway Square Place, Suite 1000
The Woodlands, Texas 77380
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Item 2(a). Name of Person Filing.
This report on Schedule 13G (this “Schedule 13G”), is being jointly filed by (i) Park West Asset Management LLC (“PWAM”), a Delaware limited liability company and the investment manager to (a) Park West Investors Master Fund, Limited (“PWIMF”), a Cayman Islands exempted company that is the holder of 3,746,312 shares of common stock, $0.0001 par value per share, (“Common Stock”) of the Company and warrants to purchase up to 728,138 shares of Common Stock of the Company, reported on this Schedule 13G, and (b) Park West Partners International, Limited (“PWPI” and, collectively with PWIMF, the “PW Funds”), a Cayman Islands exempted company that is the holder of 520,599 shares of Common Stock of the Company and warrants to purchase up to 101,231 shares of Common Stock of the Company reported on this Schedule 13G; and (ii) Peter S. Park, as the sole member and manager of PWAM (“Mr. Park” and, collectively with PWAM, the “Reporting Persons”).
The 4,266,911 shares of Common Stock of the Company and the 829,369 shares of Common Stock of the Company underlying the warrants held in the aggregate by the PW Funds, which constitute 5.7% of the shares of Common Stock of the Company deemed to be issued and outstanding as of June 22, 2016, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM.
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Item 2(b). Address of Principal Business Office or, if None, Residence.
The address for the Reporting Persons is: 900 Larkspur Landing Circle, Suite 165, Larkspur, California 94939.
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Item 2(c). Citizenship.
PWAM is organized under the laws of the State of Delaware. Mr. Park is a citizen of the United States.
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Item 2(d). Title of Class of Securities.
Common Stock, $0.0001 par value per share.
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Item 2(e). CUSIP No.
65342H102
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(a)
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Amount Beneficially Owned: |
5,096,280*
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(b)
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Percent of Class: |
5.7%*
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(c)
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Number of Shares as to which the person has: | |||
(i)
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sole power to vote or to direct the vote:
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5,096,280*
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(ii)
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shared power to vote or to direct the vote
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0
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(iii)
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sole power to dispose or to direct the disposition of:
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5,096,280*
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(iv)
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shared power to dispose or to direct the disposition of
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0
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July 5, 2016
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/s/ Peter S. Park
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Peter S. Park
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PARK WEST ASSET MANAGEMENT LLC
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By:
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/s/ Grace Jimenez
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Name: Grace Jimenez
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Title: Chief Financial Officer
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Exhibit
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Page
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A. Joint Filing Agreement, dated as of July 5, 2016, by and between Park West Asset Management LLC and Peter S. Park.
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9
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/s/ Peter S. Park
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Peter S. Park
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PARK WEST ASSET MANAGEMENT LLC
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By:
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/s/
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Grace Jimenez
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Name: Grace Jimenez
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Title: Chief Financial Officer
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