0000933430-20-000010.txt : 20201106
0000933430-20-000010.hdr.sgml : 20201106
20201106142154
ACCESSION NUMBER: 0000933430-20-000010
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20201106
DATE AS OF CHANGE: 20201106
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NANOPHASE TECHNOLOGIES Corp
CENTRAL INDEX KEY: 0000883107
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390]
IRS NUMBER: 363687863
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-52413
FILM NUMBER: 201293801
BUSINESS ADDRESS:
STREET 1: 1319 MARQUETTE DRIVE
CITY: ROMEOVILLE
STATE: IL
ZIP: 60446
BUSINESS PHONE: 6303231200
MAIL ADDRESS:
STREET 1: 1319 MARQUETTE DRIVE
CITY: ROMEOVILLE
STATE: IL
ZIP: 60446
FORMER COMPANY:
FORMER CONFORMED NAME: NANOPHASE TECHNOLOGIES CORPORATION
DATE OF NAME CHANGE: 19970305
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: WHITMORE BRADFORD T
CENTRAL INDEX KEY: 0000933430
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
MAIL ADDRESS:
STREET 1: 1603 ORRINGTON AVE., STE 900
CITY: EVANSTON
STATE: IL
ZIP: 60201
SC 13D/A
1
nan3d15.txt
SCHEDULE 13D AMENDMENT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 14)
Nanophase Technologies Corporation
(Name of Issuer)
COMMON STOCK, par value $.01
(Title of Class of Securities)
630079101
(CUSIP Number)
Bradford T. Whitmore
1603 Orrington Ave., Suite 900
Evanston, Illinois 60201
Telephone: (847) 733-1230
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 29, 2020
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because
of Section 240.13d-l(e), 240.13d-l(f) or 240.13d-l(g),
check the following box. [ ]
NOTE: Schedules filed in paper format shall include a
signed original and five copies of the schedule, including
all exhibits. See Section 240.13d-7 for other parties
to whom copies are to be sent.
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).
2
Schedule 13D/A
CUSIP No. 630079101 Page 2 of 7 Pages
1. Names of Reporting Person
S.S. OR I.R.S. Identification No. of Above Persons
Bradford T. Whitmore
2. Check the Appropriate Box if a Member of a Group (See
instructions)
(a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See instructions)
OO
5. Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
6. Citizenship or Place of Organization
United States
7 Sole Voting Power
Number of 29,581,189 shares
Shares
Beneficially 8 Shared Voting Power
Owned by 601,410 shares
Each
Reporting 9 Sole Dispositive Power
Person 29,581,189 shares
With
10 Shared Dispositive Power
601,410 shares
11. Aggregate Amount Beneficially Owned by Each Reporting
Person
30,182,599 shares
12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See instructions) [ ]
13. Percent of Class Represented by Amount in Row (11)
62.7%
14. Type of Reporting Person (See instructions)
IN
3
Schedule 13D/A
CUSIP No. 630079101 Page 3 of 7 Pages
1. Names of Reporting Person
S.S. OR I.R.S. Identification No. of Above Persons
Grace Investments, LP
2. Check the Appropriate Box if a Member of a Group (See
instructions)
(a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See instructions)
OO
5. Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
6. Citizenship or Place of Organization
Delaware Limited Partnership
7 Sole Voting Power
Number of 0
Shares 8 Shared Voting Power
Beneficially 601,410 shares
Owned by
Each
Reporting 9 Sole Dispositive Power
Person 0
With 10 Shared Dispositive Power
601,410 shares
11. Aggregate Amount Beneficially Owned by Each Reporting
Person
601,410 shares
12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See instructions) [ ]
13. Percent of Class Represented by Amount in Row (11)
1.6%
14. Type of Reporting Person (See instructions)
PN
4
Schedule 13D/A
CUSIP No. 630079101 Page 4 of 7 Pages
1. Names of Reporting Person
S.S. OR I.R.S. Identification No. of Above Persons
INV-GP, LLC
2. Check the Appropriate Box if a Member of a Group (See
instructions)
(a) [ ]
(b) [ ]
3. SEC Use Only
4. Source of Funds (See instructions)
OO
5. Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
6. Citizenship or Place of Organization
Delaware Limited Liability Company
7 Sole Voting Power
Number of 0
Shares
Beneficially 8 Shared Voting Power
Owned by 601,410 shares
Each
Reporting 9 Sole Dispositive Power
Person 0
With
10 Shared Dispositive Power
601,410 shares
11. Aggregate Amount Beneficially Owned by Each Reporting
Person
601,410 shares
12. Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See instructions) [ ]
13. Percent of Class Represented by Amount in Row (11)
1.6%
14. Type of Reporting Person (See instructions)
OO
5
Page 5 of 7 Pages
The undersigned hereby amends its Schedule 13D as filed on
September 19, 2003 and as previously amended relating to
the common stock ("Common Stock") of Nanophase Technologies
Corporation, (the "Issuer"). Bradford T. Whitmore, Grace
Investments, LP and INV-GP, LLC are collectively referred to
in this Amendment No. 14 as the "Filers." Spurgeon
Corporation is no longer a general partner of Grace
Investments and is no longer a reporting person included as
a Filer herein. Unless otherwise indicated, all capitalized
terms used herein but not defined herein shall have the same
meaning as set forth in the Schedule 13D. Except as set
forth herein, the Schedule 13D remains unchanged.
Item 2. Identity and Background
(a) The statement is filed by Grace Investments,
LP, a Delaware limited partnership ("Grace Investments"),
INV-GP, LLC, a Delaware Limited Liability Company, and
Bradford T. Whitmore ("Whitmore") (collectively the
"Filers"). INV-GP, LLC is the general partner of Grace
Investments. Whitmore is the manager and sole member of
INV-GP, LLC.
(b) The business address of Grace Investments, INV-GP, LLC
and Whitmore is 1603 Orrington Avenue, Suite 900, Evanston,
Illinois 60201.
(c) The principal business of Grace Investments is to
purchase, sell, invest, and trade in securities.
The principal business of INV-GP, LLC is that of being a
general partner of Grace Investments.
(d) None of the persons referred to in this Item 2 has,
during the last five years, been convicted in a criminal
proceeding (excluding traffic violations or similar
misdemeanors).
(e) None of the persons referred to in this Item 2 has,
during the last five years, been a party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or
finding any violation with respect to such laws.
(f) Grace Investments is a Delaware limited partnership.
INV-GP, LLC is a Delaware limited liability company.
Whitmore is a citizen of the United States.
6
Page 6 of 7 Pages
Item 5. Interest in Securities of the Issuer
(a) As of the date of this filing:
(1) Grace Investments, LP beneficially owns 601,410 shares of
Common Stock, representing approximately 1.6% of the
outstanding shares of Common Stock based upon 38,136,792
shares outstanding as of August 12, 2020 as reported in the
Issuer's most recent Form 10-Q. As the general partner of
Grace Investments, LP, INV-GP, LLC may be deemed to share
beneficial ownership of these 601,410 shares of Common Stock.
INV-GP, LLC otherwise disclaims beneficial ownership.
(2) Whitmore is the beneficial owner of 29,581,189 shares of
Common Stock, comprised of 19,581,189 shares of Common Stock
and 10,000,000 shares of Common Stock which would result from
the conversion of the 2% Second Secured Convertible Notes. As
the manager and sole member of INV-GP, LLC, Whitmore may be
deemed the indirect beneficial owner of 601,410 shares of stock
beneficially owned by those entities, for a total beneficial
ownership of 30,182,599 shares, or 62.7% of the outstanding
shares of Common Stock based upon 38,136,792 shares outstanding
as of August 12, 2020 as reported in the Issuer's most recent
Form 10-Q plus 10,000,000 shares which would be issued if
conversion of the 2% Second Secured Convertible Notes were to
occur.
(b) Grace Investments, LP: shared voting power (with INV-GP,
LLC and Whitmore)
601,410 Shares of Common Stock
Whitmore: shared voting power (with Grace Investments, LP
and INV-GP, LLC)
601,410 Shares of Common Stock;
and
sole voting power
29,581,189 Shares of Common Stock
(c) The transactions effected by the Filers during the
past sixty days are set forth in Schedule A.
7
Page 7 of 7 Pages
SIGNATURE
After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certifies that the information
set forth in this Statement with respect to it is true,
complete and correct.
Dated: November 6, 2020
Bradford T. Whitmore
By: /s/ Bradford T. Whitmore
Name: Bradford T. Whitmore
Grace Investments, LP
By: /s/ Bradford T. Whitmore
Name: Bradford T. Whitmore
Manager: INV-GP, LLC
Its: General Partner