Amended Statement of Ownership (sc 13g/a)
February 16 2017 - 6:09AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT
TO RULES 13d-1(b) (c) AND (d) AND AMENDMENTS
THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)
PRGX Global, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
69357C503
(CUSIP Number)
December 31, 2016
(Date of Event Which Requires Filing of
this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
BRC Partners Opportunity Fund, LP
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
¨
(b)
x
|
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
- 0 -
|
|
6
|
SHARED VOTING POWER
- 0 -
|
|
7
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
8
|
SHARED DISPOSITIVE POWER
- 0 -
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
*
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
12
|
TYPE OF REPORTING PERSON
*
PN
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
B. Riley Capital Management, LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
¨
(b)
x
|
3
|
SEC USE ONLY
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New York
|
NUMBER OF
SHARES
BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
|
5
|
SOLE VOTING POWER
- 0 -
|
|
6
|
SHARED VOTING POWER
- 0 -
|
|
7
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
8
|
SHARED DISPOSITIVE POWER
- 0 -
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
*
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
12
|
TYPE OF REPORTING PERSON
*
IA
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
B. Riley & Co., LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
¨
(b)
x
|
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
- 0 -
|
|
6
|
SHARED VOTING POWER
- 0 -
|
|
7
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
8
|
SHARED DISPOSITIVE POWER
- 0 -
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
*
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
12
|
TYPE OF REPORTING PERSON
*
BD
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
B. Riley Financial, Inc
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
¨
(b)
x
|
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
- 0 -
|
|
6
|
SHARED VOTING POWER
- 0 -
|
|
7
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
8
|
SHARED DISPOSITIVE POWER
- 0 -
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
*
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
12
|
TYPE OF REPORTING PERSON
*
CO
|
1
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bryant R. Riley
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
¨
(b)
x
|
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
- 0 -
|
|
6
|
SHARED VOTING POWER
- 0 -
|
|
7
|
SOLE DISPOSITIVE POWER
- 0 -
|
|
8
|
SHARED DISPOSITIVE POWER
- 0 -
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
*
¨
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
|
12
|
TYPE OF REPORTING PERSON
*
IN
|
Item 1(a).
|
Name of Issuer:
|
|
|
|
PRGX Global, Inc., a Georgia corporation (the “Issuer”).
|
|
|
Item 1(b).
|
Address of Issuer’s Principal Executive Offices:
|
|
|
|
600 Galleria Parkway, Suite 100
|
|
Atlanta, GA 30339-5986
|
|
|
Item 2(a).
|
Name of Person Filing:
|
|
|
|
BRC Partners Opportunity Fund, L.P., a Delaware limited partnership (“BPOF”)
|
|
B. Riley Capital Management, LLC, a New York limited liability company (“BRCM”)
|
|
B. Riley & Co., LLC, a Delaware limited liability company (“BRC”)
|
|
B. Riley Financial, Inc., a Delaware corporation (“BRF”)
|
|
Bryant R. Riley (“Mr. Riley”)
|
|
|
|
Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”
|
|
|
Item 2(b).
|
Address of Principal Business Office or, if None, Residence:
|
|
|
|
The principal business address of each of BPOF, BRCM, and BRC is:
|
|
11100 Santa Monica Blvd. Suite 800
|
|
Los Angeles, CA 90025
|
|
|
|
The principal place of business of BRF is:
|
|
21255 Burbank Blvd. Suite 400
|
|
Woodland Hills, CA 91367
|
|
|
Item 2(c).
|
Citizenship:
|
|
|
|
The citizenship of each of BPOF, BRC, and BRF is Delaware.
|
|
The citizenship of BRCM is New York.
|
|
The citizenship of Mr. Riley is the United States of America.
|
|
|
Item 2(d).
|
Title of Class of Securities:
|
|
|
|
Common Stock (the “Common Stock”)
|
|
|
Item 2(e).
|
CUSIP Number:
|
|
|
|
69357C503
|
|
|
Item 3.
|
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
|
|
(a)
|
¨
|
Broker or dealer registered under Section 15 of the Exchange Act.
|
|
|
|
|
|
(b)
|
¨
|
Bank as defined in Section 3(a)(6) of the Exchange Act.
|
|
|
|
|
|
(c)
|
¨
|
Insurance company as defined in Section 3(a)(19) of the Exchange Act.
|
|
(d)
|
¨
|
Investment company registered under Section 8 of the Investment Company Act.
|
|
|
|
|
|
(e)
|
¨
|
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
|
|
|
|
|
|
(f)
|
¨
|
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
|
|
|
|
|
|
(g)
|
¨
|
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
|
|
|
|
|
|
(h)
|
¨
|
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
|
|
|
|
|
|
(i)
|
¨
|
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
|
|
|
|
|
|
(j)
|
¨
|
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
|
|
|
|
|
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(k)
|
¨
|
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____
|
Item 4.
|
Ownership
|
|
|
|
Effective February 9, 2016, the delegation of authority granting Bryant R. Riley certain voting, dispositive and other investment powers with the respect to the securities held by BPOF, BRCM, and BRC was revoked by B. Riley Financial, Inc. Accordingly such voting, dispositive and other investment powers which were previously vested in Mr. Riley have reverted back to B. Riley Financial Inc. Accordingly, B. Riley Financial, Inc. may be deemed to beneficially own the shares of Common Stock beneficially owned by BPOF, BRCM, and BRC.
|
|
(a)
|
Amount beneficially owned:
|
|
|
|
|
|
As of the close of business on December 31, 2016, each of the reporting persons owns zero shares of Common Stock.
|
|
|
|
|
(b)
|
Percent of class:
|
|
|
|
|
|
Zero percent
|
|
|
|
|
(c)
|
Number of shares as to which such person has:
|
|
(i)
|
Sole power to vote or to direct the vote
|
See Cover Pages Items 5-9.
|
(ii)
|
Shared power to vote or to direct the vote
|
See Cover Pages Items 5-9.
|
(iii)
|
Sole power to dispose or to direct the disposition of
|
See Cover Pages Items 5-9.
|
(iv)
|
Shared power to dispose or to direct the disposition of
|
See Cover Pages Items 5-9.
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.
|
|
|
|
Not Applicable.
|
|
|
Item 7.
|
Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
|
|
|
|
Not Applicable.
|
|
|
Item 8.
|
Identification and Classification of Members of the Group.
|
|
|
|
Not Applicable.
|
|
|
Item 9.
|
Notice of Dissolution of Group.
|
|
|
|
Not Applicable.
|
|
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Item 10.
|
Certifications.
|
By signing below each of the undersigned certifies
that, to the best of its 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.
SIGNATURE
After reasonable inquiry and to the best of
his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete
and correct.
Dated: February 15, 2017
|
BRC PARTNERS OPPORTUNITY FUND, LP
|
|
|
|
By:
|
B. Riley Capital Management, LLC,
|
|
|
its General Partner
|
|
|
|
By:
|
/s/ Bryant R. Riley
|
|
Name:
|
Bryant R. Riley
|
|
Title:
|
Chief Executive Officer
|
|
B. RILEY CAPITAL MANAGEMENT, LLC
|
|
|
|
By:
|
/s/ Bryant R. Riley
|
|
Name:
|
Bryant R. Riley
|
|
Title:
|
Chief Executive Officer
|
|
B. RILEY & CO., LLC
|
|
|
|
By:
|
/s/ Bryant R. Riley
|
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Name:
|
Bryant R. Riley
|
|
Title:
|
Chairman
|
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B. RILEY FINANCIAL, INC
|
|
|
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By:
|
/s/ Bryant R. Riley
|
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Name:
|
Bryant R. Riley
|
|
Title:
|
Chief Executive Officer
|
|
BRYANT R. RILEY
|
|
|
|
By:
|
/s/ Bryant R. Riley
|
|
Name:
|
Bryant R. Riley
|
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