Amended Statement of Beneficial Ownership (sc 13d/a)
06 Janvier 2021 - 10:59PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
|
|
Washington, D.C. 20549
|
|
|
|
SCHEDULE 13D/A
|
|
Under the Securities Exchange Act of 1934
|
(Amendment No. 1)*
|
|
Perspecta
Inc.
|
(Name of Issuer)
|
|
Common Stock,
par value $0.01 per share
|
(Title of Class of Securities)
|
|
715347100
|
(CUSIP Number)
|
|
|
Ramzi M. Musallam
c/o Veritas Capital Fund Management, L.L.C.
9 West 57th Street, 32nd Floor
New York, NY 10019
Copy to:
Richard A. Presutti
Schulte Roth & Zabel LLP
919 Third Avenue
New York, New York 10022
(212) 756-2000
|
(Name, Address and Telephone Number of Person
|
Authorized to Receive Notices and Communications)
|
|
January 6,
2021
|
(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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule
13d-1(f) or Rule 13d-1(g), check the following box. [ ]
(Page 1 of 8 Pages)
______________________________
* 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).
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 2 of 8 Pages
|
1
|
NAME OF REPORTING PERSON
The SI Organization Holdings LLC
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
7
|
SOLE VOTING POWER
-0-
|
8
|
SHARED VOTING POWER
18,877,244 SEE ITEM 5
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
18,877,244 SEE ITEM 5
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
18,877,244 SEE ITEM 5
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.7%*
|
14
|
TYPE OF REPORTING PERSON
CO
|
|
|
|
|
|
|
*
|
All percentages of Common Stock (as defined below) contained herein are based on 160,963,698 shares of Common Stock outstanding
as of October 30, 2020.
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 3 of 8 Pages
|
1
|
NAME OF REPORTING PERSON
The Veritas Capital Fund IV, L.P.
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
18,877,244 SEE ITEM 5
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
18,877,244 SEE ITEM 5
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
18,877,244 SEE ITEM 5
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.7%
|
14
|
TYPE OF REPORTING PERSON
PN
|
|
|
|
|
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 4 of 8 Pages
|
1
|
NAME OF REPORTING PERSON
Veritas Capital Partners IV, L.L.C.
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
18,877,244 SEE ITEM 5
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
18,877,244 SEE ITEM 5
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
18,877,244 SEE ITEM 5
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.7%
|
14
|
TYPE OF REPORTING PERSON
OO
|
|
|
|
|
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 5 of 8 Pages
|
1
|
NAME OF REPORTING PERSON
Ramzi M. Musallam
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ¨
(b) ¨
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
¨
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
|
7
|
SOLE VOTING POWER
0
|
8
|
SHARED VOTING POWER
23,273,341 SEE ITEM 5
|
9
|
SOLE DISPOSITIVE POWER
0
|
10
|
SHARED DISPOSITIVE POWER
23,273,341 SEE ITEM 5
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
23,273,341 SEE ITEM 5
|
12
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
¨
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.5%
|
14
|
TYPE OF REPORTING PERSON
IN
|
|
|
|
|
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 6 of 8 Pages
|
This Amendment No. 1 to Schedule 13D amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on June 6, 2018 (the “Original 13D” and, together with this Amendment No. 1, the “Schedule 13D”), with respect to the shares of common stock, par value $0.01 per share (the “Common Stock”), of Perspecta Inc., a Nevada corporation (the “Company”).
|
Item 4.
|
PURPOSE OF TRANSACTION
|
|
|
|
Item 4 of the Schedule 13D is hereby amended and supplemented by the addition of the following:
|
|
|
|
Pursuant to the standstill
obligations under the Side Letter Agreement disclosed in the Original 13D, Veritas Capital Management is prohibited from making
any offer to acquire shares of Common Stock it does not already own. On January 6, 2021 (the “Effective
Date”), the Company granted Veritas Capital Management a limited waiver from certain of these standstill obligations
(the “Limited Standstill Waiver”). Under the Limited Standstill Waiver, Veritas Capital Management
will be permitted to make confidential offers or proposals to the board of directors of the Company (the “Board”)
with respect to an acquisition, including a potential cash acquisition of all of the shares of Common Stock it does not already
own (a “Potential Transaction”). Except for certain limited provisions, the Limited Standstill
Waiver will expire at 5:00 p.m. New York City time on the date 60 days from the Effective Date, at which time all standstill
obligations under the Side Letter Agreement will again apply in accordance with the terms of the Side Letter Agreement.
|
|
|
|
In connection with exploring a Potential Transaction, Veritas Capital Management has been granted access to initial due diligence materials from the Company, engaged financial and legal advisers and is in preliminary discussions with the Company regarding a Potential Transaction. Veritas Capital Management plans to engage in confidential discussions and negotiations with the Company, members of management, and the Board regarding the Potential Transaction. Veritas Capital also plans to engage in confidential discussions with potential debt and equity financing sources, and other third parties regarding the Potential Transaction. If such a Potential Transaction were to occur, one or more of the transactions, events or actions specified in clauses (a) through (j) of Item 4 of Schedule 13D may result, including, without limitation, an acquisition of additional securities of the Company or an extraordinary corporate transaction (such as a merger) involving the Company, and the shares of Common Stock would no longer be publicly traded and would be eligible for termination of registration pursuant to Section 12(g)(4) of the Act.
|
|
|
|
While Veritas Capital
Management currently intends to submit a bid for such transaction, any final decision by Veritas Capital Management to
proceed with a Potential Transaction will be subject to the completion of its due diligence review, agreement with the
Company on definitive terms and documentation with respect to a Potential Transaction and receipt of internal approvals,
among other things. Veritas Capital Management ultimately may decide not to pursue a Potential Transaction, and even if
Veritas Capital Management does pursue a Potential Transaction, it may be unable to negotiate and execute a definitive
agreement with the Company for a Potential Transaction (for example, if it is unable to reach agreement with the Company on
the price per share of Common Stock to be paid).
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 7 of 8 Pages
|
Item 6.
|
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
|
|
|
|
Item 6 of the Schedule 13D is hereby amended and supplemented by the addition of the following:
|
|
|
|
The Reporting Persons’ response to Item 4 is incorporated herein by reference.
|
|
|
|
|
|
CUSIP No. 715347100
|
SCHEDULE 13D/A
|
Page 8 of 8 Pages
|
SIGNATURES
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.
Date: January 6, 2021
|
THE SI ORGANIZATION HOLDINGS LLC
|
|
|
By:
|
The Veritas Capital Fund IV, L.P., acting as the Majority of Members
|
|
|
|
|
By:
|
/s/ Ramzi M. Musallam
|
|
|
Name: Ramzi M. Musallam
|
|
|
Title: Authorized Signatory
|
|
|
|
|
THE VERITAS CAPITAL FUND IV, L.P.
|
|
By:
|
Veritas Capital Partners IV, L.L.C., its General Partner
|
|
|
|
|
By:
|
/s/ Ramzi M. Musallam
|
|
|
Name: Ramzi M. Musallam
|
|
|
Title: Managing Partner
|
|
|
|
|
VERITAS CAPITAL PARTNERS IV, L.C.C.
|
|
|
|
|
By:
|
/s/ Ramzi M. Musallam
|
|
|
Name: Ramzi M. Musallam
|
|
|
Title: Managing Partner
|
|
|
|
|
RAMZI M. MUSALLAM
|
|
|
|
|
By:
|
/s/ Ramzi M. Musallam
|
|
|
|
|
|
|
|
Perspecta (NYSE:PRSP)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Perspecta (NYSE:PRSP)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024
Real-Time news about Perspecta Inc (New York Stock Exchange): 0 recent articles
Plus d'articles sur Perspecta Inc.