0001504304-15-000089.txt : 20150701
0001504304-15-000089.hdr.sgml : 20150701
20150701150305
ACCESSION NUMBER: 0001504304-15-000089
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20150701
DATE AS OF CHANGE: 20150701
GROUP MEMBERS: ANDREW DAKOS
GROUP MEMBERS: BULLDOG INVESTORS, LLC
GROUP MEMBERS: PHILLIP GOLDSTEIN
GROUP MEMBERS: STEVEN SAMUELS
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Defense & National Security Systems, Inc.
CENTRAL INDEX KEY: 0001583513
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
IRS NUMBER: 463134302
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-87675
FILM NUMBER: 15964644
BUSINESS ADDRESS:
STREET 1: 11921 FREEDOM DRIVE, SUITE 550
STREET 2: TWO FOUNTAIN SQUARE
CITY: RESTON
STATE: VA
ZIP: 20190
BUSINESS PHONE: (703) 395-7649
MAIL ADDRESS:
STREET 1: 11921 FREEDOM DRIVE, SUITE 550
STREET 2: TWO FOUNTAIN SQUARE
CITY: RESTON
STATE: VA
ZIP: 20190
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Bulldog Investors, LLC
CENTRAL INDEX KEY: 0001504304
IRS NUMBER: 270926182
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: PARK 80 WEST - PLAZA TWO
STREET 2: 250 PEHLE AVE. SUITE 708
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
BUSINESS PHONE: 201 556-0092
MAIL ADDRESS:
STREET 1: PARK 80 WEST - PLAZA TWO
STREET 2: 250 PEHLE AVE. SUITE 708
CITY: SADDLE BROOK
STATE: NJ
ZIP: 07663
FORMER COMPANY:
FORMER CONFORMED NAME: Brooklyn Capital Management LLC
DATE OF NAME CHANGE: 20101026
SC 13G/A
1
thirteenga.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
Global Defense & National Security Systems, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
37953N108
(CUSIP Number)
6/9/15
(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)
__ Rule 13d-1(c)
__ Rule 13d-1(d)
CUSIP No.: 37953N108
1. Names of Reporting Persons. I.R.S. Identification Nos. of
above persons (entities only).
Bulldog Investors LLC, Phillip Goldstein, Andrew Dakos and
Steven Samuels
2. Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)
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
193,481
6. Shared Voting Power
156,419
7. Sole Dispositive Power
193,481
8. Shared Dispositive Power
156,419
9. Aggregate Amount Beneficially Owned by Each Reporting Person
349,900 - (footnote 1)
10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain
Shares (See Instructions)
N/A
11. Percent of Class Represented by Amount in Row ( 9 )
3.64%
12. Type of Reporting Person (See Instructions)
IA, IN
Item 1.
(a) The Name of the Issuer is:
Global Defense & National Security Systems, Inc.
(b) The Address of the Issuer's Principal Executive Office is:
C/O SKARDEL, LLC920 N. MARKET ST., ONE
920 N. MARKET ST., ONE
RODNEY SQ
WILMINGTON DE 19801
Item 2.
(a) The names of the Persons Filing are:
Bulldog Investors LLC, Phillip Goldstein, Andrew Dakos and
Steven Samuels
(b) The address of principal place of business and
principal office is:
Park 80 West, 250 Pehle Ave. Suite 708
Saddle Brook, NJ 07663
(c) Citizenship or Place of Organization:
Delaware
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 37953N108
Item 3.
This statement is filed pursuant to 240.13d-1(b). The person filing is:
(e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
Item 4.
(a) Amount beneficially owned: 349,900
(b) Percent of class: 3.64
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 193,481
(ii) Shared power to vote or to direct the vote: 156,419
(iii) Sole power to dispose or to direct the disposition
of: 193,481
(iv) Shared power to dispose or to direct the disposition
of: 156,419
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: X_.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Clients of Bulldog Investors, LLC are entitled to receive dividends
and sales proceeds.
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.
As per the 10-Q filing on 5/13/15, there were 9,624,725 shares of
common stock outstanding as of 5/12/15. The percentages set forth
herein were derived using such number. Phillip Goldstein, Andrew
Dakos and Steven Samuels own Bulldog Investors, LLC, a registered
investment adviser. As of June 30, 2015, Bulldog Investors, LLC
is deemed to be the beneficial owner of 349,900 shares of GDEF by
virtue of Bulldog Investors, LLC's power to direct the vote of,
and dispose of, these shares. These 349,900 shares of GDEF include
193,481 shares (representing 2.01% of GDEF's outstanding shares)
that are beneficially owned by the following entities over which
Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity
Partners LP, Calapasas West Partners LP, Full Value Special
Situations Fund LP, Full Value Offshore Fund Ltd., Full Value
Partners LP, Opportunity Income Plus Fund LP, MCM Opportunity
Partners LP (collectively, Bulldog Investors Funds). Bulldog
Investors Funds may be deemed to constitute a group. All other
shares included in the aforementioned 349,900 shares of GDEF
owned by Bulldog Investors, LLC (solely by virtue of its power to
sell or direct the vote of these shares) are also beneficially
owned by clients of Bulldog Investors, LLC who are not members of
any group. The total number of these "non-group" shares is 156,419
shares (representing 1.63% of GDEF's outstanding shares).
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 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.
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.
By: /s/
Name: Phillip Goldstein
Title: Principal, Bulldog Investors LLC
Date: July 1, 2015
By: /s/
Name: Andrew Dakos
Title: Principal, Bulldog Investors LLC
Date: July 1, 2015
By: /s/
Name: Andrew Dakos
Title: Principal, Bulldog Investors LLC
Date: July 1, 2015
Footnote 1: The reporting persons disclaim beneficial ownership
except to the extent of any pecuniary interest therein.