SC 13G 1 job.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

 

GEE Group Inc.

(Name of Issuer)

 

Common Stock, no par value

(Title of Class of Securities)

 

36165A102

(CUSIP Number)

 

August 11, 2023(1)

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

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 disclosures provided in a prior cover page.

 

The information required on 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).

 

(1) This form is being filed solely due to a change in the number of shares outstanding, based upon the number of shares outstanding as reported on the cover page of the issuer's report on form 10-Q for the second quarter of 2023.

 

 

 

 

 

 

CUSIP No. 36165A102   13G   Page 2 of 8 Pages

 

1.

NAMES OF REPORTING PERSONS

 

Funicular Funds, LP

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

 

5,683,792
6.

SHARED VOTING POWER

 

 -0-
7.

SOLE DISPOSITIVE POWER

 

5,683,792
8.

SHARED DISPOSITIVE POWER

 

 -0-
9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,683,792
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)     ☐

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.23% (1)

12.

TYPE OF REPORTING PERSON (see instructions)

 

PN

 

(1) The reporting person's ownership is based upon 108,771,578 shares of Common Stock outstanding as reporting by GEE Group Inc. ("the Issuer") on the Form 10-Q filed with the Securities Exchange Commision on February 13, 2024.

 

 

 

 

CUSIP No. 36165A102   13G   Page 3 of 8 Pages

 

1.

NAMES OF REPORTING PERSONS

 

Cable Car Capital LLC (2)

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

 

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5.

SOLE VOTING POWER

 

5,683,792
6.

SHARED VOTING POWER

 

 -0-
7.

SOLE DISPOSITIVE POWER

 

5,683,792
8.

SHARED DISPOSITIVE POWER

 

 -0-
9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,683,792
10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)     

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.23% (1)

12.

TYPE OF REPORTING PERSON (see instructions)

 

IA

 

(1) The reporting person's ownership is based upon 108,771,578 shares of Common Stock outstanding as reporting by the Issuer on the Form 10-Q filed with the Securities Exchange Commision on February 13, 2024.

 

(2)Cable Car Capital LLC, as the General Partner of Funicular Funds, LP, and Jacob Ma-Weaver, as the Managing Member of Cable Car Capital LLC, may each be deemed the beneficial owner of the shares held by Funicular Funds, LP.

 

 

 

 

CUSIP No. 36165A102   13G   Page 4 of 8 Pages

 

1.

NAMES OF REPORTING PERSONS

 

Jacob Ma-Weaver (2)

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

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5.

SOLE VOTING POWER

 

5,683,792
6.

SHARED VOTING POWER

 

 -0-
7.

SOLE DISPOSITIVE POWER

 

5,683,792
8.

SHARED DISPOSITIVE POWER

 

 -0-
9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,683,792
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)     ☐

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.23% (2)

12.

TYPE OF REPORTING PERSON (see instructions)

 

IN

 

(1) The reporting person's ownership is based upon 108,771,578 shares of Common Stock outstanding as reporting by the Issuer on the Form 10-Q filed with the Securities Exchange Commision on February 13, 2024.

 

(2)Cable Car Capital LLC, as the General Partner of Funicular Funds, LP, and Jacob Ma-Weaver, as the Managing Member of Cable Car Capital LLC, may each be deemed the beneficial owner of the shares held by Funicular Funds, LP.

 

 

 

 

CUSIP No. 36165A102   13G   Page 5 of 8 Pages

 

Item 1.

 

a.Name of Issuer

 

GEE Group Inc.

 

b.Address of Issuer’s Principal Executive Offices

 

7751 Belfort Parkway, Suite 150, Jacksonville, FL 32256

 

Item 2.

 

(a)Name of Persons Filing

 

Funicular Funds, LP

Cable Car Capital LLC

Jacob Ma-Weaver

 

(b)Address of the Principal Office or, if none, residence

 

601 California Street, #1151, San Francisco, CA 94108

 

(c)Citizenship

 

Funicular Funds, LP – Delaware

Cable Car Capital LLC – California

Jacob Ma-Weaver – United States

 

(d)Title of Class of Securities

 

Common Stock, no par value

 

(e)CUSIP Number

 

36165A102

 

Item 3. If this statement is filed pursuant to §§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 (15 U.S.C. 78o).

 

(b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

(e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g) A parent holding company or control person in accordance with §240.13d-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 (15 U.S.C. 80a-3);

 

(j) Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

 

CUSIP No. 36165A102   13G   Page 6 of 8 Pages

 

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:

 

Funicular Funds, LP – 5,683,792

 

Cable Car Capital LLC – 5,683,792

 

Jacob Ma-Weaver – 5,683,792

 

(b)Percent of class:

 

Funicular Funds, LP – 5.23%

 

Cable Car Capital LLC – 5.23%

 

Jacob Ma-Weaver – 5.23%

 

(c)Number of shares as to which the person has:

 

i.Sole power to vote or to direct the vote

 

Funicular Funds, LP – 5,683,792

 

Cable Car Capital LLC – 5,683,792

 

Jacob Ma-Weaver – 5,683,792

 

ii.Shared power to vote or to direct the vote

 

Funicular Funds, LP – 0

 

Cable Car Capital LLC – 0

 

Jacob Ma-Weaver – 0

 

iii.Sole power to dispose or to direct the disposition of

 

Funicular Funds, LP – 5,683,792

 

Cable Car Capital LLC – 5,683,792

 

Jacob Ma-Weaver – 5,683,792

 

iv.Shared power to dispose or to direct the disposition of

 

Funicular Funds, LP – 0

 

Cable Car Capital LLC – 0

 

Jacob Ma-Weaver – 0

 

**See footnotes on cover pages which are incorporated by reference herein.

 

 

 

 

CUSIP No. 36165A102   13G   Page 7 of 8 Pages

 

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 .

 

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.

 

Not applicable.

 

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 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 § 240.14a-11.

 

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: April 24, 2024    
     
  FUNICULAR FUNDS, LP
   
  By: /s/ Jacob Ma-Weaver
    Name: Jacob Ma-Weaver
    Title: Managing Member of the General Partner
     
  CABLE CAR CAPITAL LLC
   
  By: /s/ Jacob Ma-Weaver
    Name: Jacob Ma-Weaver
    Title: Managing Member
   
  JACOB MA-WEAVER
   
  By: /s/ Jacob Ma-Weaver
    Jacob Ma-Weaver

 

 

 

 

CUSIP No. 36165A102   13G   Page 8 of 8 Pages

 

Exhibit A

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

Dated: April 24, 2024    
     
  FUNICULAR FUNDS, LP
   
  By: /s/ Jacob Ma-Weaver
    Name: Jacob Ma-Weaver
    Title: Managing Member of the General Partner
     
  CABLE CAR CAPITAL LLC
   
  By: /s/ Jacob Ma-Weaver
    Name: Jacob Ma-Weaver
    Title: Managing Member
   
  JACOB MA-WEAVER
   
  By: /s/ Jacob Ma-Weaver
    Jacob Ma-Weaver