Amended Statement of Ownership (sc 13g/a)
January 30 2020 - 10:16AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Navios Maritime Partners L.P.
(Name of Issuer)
Common Units, representing limited partner
interests
(Title of Class of Securities)
Y62267409
(CUSIP Number)
December 31, 2019
(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).
CUSIP
NO. Y62267409
|
13G
|
Page
2 of 6 Pages
|
1
|
NAME OF REPORTING PERSON
Evermore Global Advisors, LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(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
667,814 (See Item 4)
|
6
|
SHARED VOTING POWER
0 (See Item 4)
|
7
|
SOLE DISPOSITIVE POWER
667,814 (See Item 4)
|
8
|
SHARED DISPOSITIVE POWER
0 (See Item 4)
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
667,814
|
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)
|
¨
|
|
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 91
6.1%
|
12
|
TYPE OF REPORTING PERSON
(see instructions)
IA
|
1 This percentage is based on 10,983,679 common units outstanding
as disclosed on From 6-K, which was filed by the issuer with the U.S. Securities and Exchange Commission on November 25, 2019.
CUSIP
NO. Y62267409
|
13G
|
Page
3 of 6 Pages
|
Item 1.
Navios Maritime Partners L.P.
|
(b)
|
Address of Issuer's Principal Executive Offices.
|
7 Avenue de Grande Bretagne, Office 11B2
Monte Carlo, MC 98000 Monaco
Item 2.
|
(a)
|
Name of Person Filing.
|
Evermore Global Advisors, LLC
|
(b)
|
Address of Principal Business Office or, if none, Residence.
|
89 Summit Avenue
Summit, NJ 07901
Delaware
|
(d)
|
Title of Class of Securities.
|
Common Units, representing limited partner
interests
Y62267409
CUSIP
NO. Y62267409
|
13G
|
Page
4 of 6 Pages
|
|
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)
|
x
|
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 association 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)
|
¨
|
a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
|
|
(k)
|
¨
|
Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:______________
|
The securities reported herein are beneficially owned by the
Evermore Global Value Fund, a series of Evermore Funds Trust (“EGVF”), an investment company registered under
the Investment Company Act of 1940, and other managed account clients of Evermore Global Advisors, LLC (“EGA”).
EGA is an investment adviser registered under the Investment Advisers Act of 1940. Pursuant to the investment advisory agreements
entered into by EGA and each of Evermore Funds Trust (of which EGVF is a series) and its other managed account clients, sole investment
discretion and voting power over the securities held by such persons has been delegated to EGA, although these agreements and the
authority granted to EGA thereunder may be terminated without penalty upon proper notice.
|
(a)
|
Amount Beneficially Owned.
|
667,814
CUSIP
NO. Y62267409
|
13G
|
Page
5 of 6 Pages
|
6.1%
|
(c)
|
Number of shares as to which such person has:
|
|
(i)
|
|
sole power to vote or to direct the vote: 667,814
|
|
(ii)
|
|
shared power to vote or to direct the vote: 0
|
|
(iii)
|
|
sole power to dispose or to direct the disposition of: 667,814
|
|
(iv)
|
|
shared power to dispose or to direct the disposition of: 0
|
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
Not Applicable.
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
EGVF and
other managed account clients of EGA have the right to receive or power to direct the receipt of dividends from, as well as proceeds
from the sale of, such securities reported herein. EGVF and other accounts managed by EGA collectively had an interest in 667,814
shares, or 6.1%, of the class of securities reported herein as of December 31, 2019. Neither EGVF, nor any of EGA’s other
managed account clients, held more than five percent of such securities.
|
Item 7.
|
Identification and Classification of the Subsidiary Which
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.
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.
CUSIP
NO. Y62267409
|
13G
|
Page
6 of 6 Pages
|
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.
|
January 30, 2020
|
|
|
|
|
Evermore Global Advisors, LLC
|
|
|
|
|
By:
|
/s/ Eric LeGoff
|
|
|
Eric LeGoff
|
|
|
President
|
Navios Maritime Partners (NYSE:NMM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Navios Maritime Partners (NYSE:NMM)
Historical Stock Chart
From Sep 2023 to Sep 2024