Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend]
November 14 2024 - 4:05PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Amendment 1)
Under the Securities Exchange Act of 1934
The ODP Corporation
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(Name of Issuer) |
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Common Stock, par value
$0.01 per share |
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(Title of Class of Securities) |
88337F105 |
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(CUSIP Number) |
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September 30, 2024 |
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(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
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x |
Rule 13d-1(b) |
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o |
Rule 13d-1(c) |
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o |
Rule 13d-1(d) |
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See §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 purposes of Section 18 of the Securities Exchange Act of 1934 (the “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).
CUSIP NO.: 88337F105
| (1) | NAME OF REPORTING PERSON: HG Vora Capital Management, LLC |
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
| (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 o |
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.0% |
| (12) | TYPE OF REPORTING PERSON: IA, OO (Delaware Limited Liability Company) |
CUSIP NO.: 88337F105
| (1) | NAME OF REPORTING PERSON: Parag Vora |
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION: United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
| (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 o |
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.0% |
| (12) | TYPE OF REPORTING PERSON: IN |
The ODP Corporation
| (b) | Address of principal executive offices |
6600 North
Military Trail
Boca Raton, FL 33496
Item 2. | (a) | Name of Person Filing |
This statement is filed by HG Vora Capital Management, LLC, a Delaware
limited liability company (the “Investment Manager”), and Parag Vora, the Manager of the Investment Manager (the “Principal).
The foregoing persons hereinafter sometimes are referred to as the “Reporting Persons.” Any disclosures herein with respect
to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
| (b) | Address of principal executive offices |
The business office address of the Reporting Persons is 330 Madison
Avenue, 21st Floor, New York, NY 10017.
The Investment Manager is a Delaware limited liability company. The
Principal is a United States citizen.
| (d) | Title of Class of Securities |
Common
Stock, $0.01 par value per share (the “Common Stock”).
88337F105
| A. | HG Vora Capital Management, LLC |
| (a) | Amount beneficially owned: |
As
of September 30, 2024, may be deemed to beneficially own: 0 shares of Common Stock.
0.0%.
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 |
| (ii) | Shared
power to vote or to direct the vote: 0 |
| (iii) | Sole power to dispose or to direct the disposition of: 0 |
| (iv) | Shared
power to dispose or to direct the disposition of: 0 |
| (a) | Amount beneficially owned: |
As
of September 30, 2024, may be deemed to beneficially own: 0 shares of Common Stock.
0.0%.
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0 |
| (ii) | Shared
power to vote or to direct the vote: 0 |
| (iii) | Sole power to dispose or to direct the disposition of: 0 |
| (iv) | Shared
power to dispose or to direct the disposition of: 0 |
| 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 Persons have 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 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.
Each of the Reporting Persons hereby makes the following 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.
November 14, 2024
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HG VORA CAPITAL MANAGEMENT, LLC |
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By: |
/s/ |
Parag Vora |
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Name: |
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Parag Vora |
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Title: |
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Manager |
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By: |
/s/ |
Parag Vora |
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Name: |
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Parag Vora |
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