Form SC 13G - Statement of acquisition of beneficial ownership by individuals
January 08 2024 - 2:59PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Crown Crafts, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
228309100
(CUSIP Number)
December 31, 2023
(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)
*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 the disclosures provided in a prior cover page.
The information required in 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 | NAMES OF REPORTING PERSONS. |
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY).
Skylands Capital, LLC
20-0775613
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a)
(b)
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
Wisconsin
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5 SOLE VOTING POWER
260,697
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
290,697
8 SHARED DISPOSITIVE POWER
0
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
290,697
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
2.8%
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
IA
Crown Crafts, Inc.
| ITEM 1 (b) | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES |
916 S. Burnside Ave.
Gonzales, LA 70737
| ITEM 2 (a) | NAME OF PERSON FILING |
Skylands Capital, LLC
| ITEM 2 (b) | ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE |
1200 N Mayfair Rd, Suite 250
Milwaukee, WI 53226
Wisconsin Limited Liability Company
| ITEM 2 (d) | TITLE OF CLASS OF SECURITIES |
Common stock
228309100
ITEM 3 | THIS STATEMENT IS FILED PURSUANT TO PARAGRAPH
240.13d-1(b) AND |
THE PERSON FILING IS:
(e) an investment advisor in accordance
with paragraph 240.13d-1(b)(1)(ii)(E)
ITEM 4 OWNERSHIP:
| ITEM 4 (a) | AMOUNT BENEFICIALLY OWNED: |
290,697
| ITEM 4 (b) | PERCENT OF CLASS: |
2.8%
| ITEM 4 (c) | NUMBER OF SHARES AS TO WHICH THE PERSON HAS: |
| (i) | SOLE POWER TO VOTE OR TO DIRECT THE VOTE |
260,697
| (ii) | SHARED POWER TO VOTE OR TO DIRECT THE VOTE |
0
| (iii) | SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF |
290,697
| (iv) | SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF |
0
ITEM 5 | OWNERSHIP OF FIVE PERCENT OR LESS OF A
CLASS: |
This statement is being
filed to report the fact that as of the date hereof the reporting person is no longer the beneficial owner of more than 5 percent of the
class of securities.
.
| ITEM 6 | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: |
N/A
| ITEM 7 | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY: |
N/A
| ITEM 8 | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: |
N/A
| ITEM 9 | NOTICE OF DISSOLUTION OF THE GROUP: |
N/A
By signing below I certify
that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were
not acquired for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not
acquired in connection with or as a participant in any transaction having that purpose or effect.
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.
January 8, 2024
Date
BY: Virginia
E. Shaffar
Signature
Vice President &
Treasurer
Skylands Capital, LLC
Title
Crown Crafts (NASDAQ:CRWS)
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