Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

13D Filing: Lazarus Management Company Loads Up on Blue Sphere Corp. (BLSP)

At Insider Monkey, we closely monitor the moves made by activist investors. Their targets are often undervalued stocks with firm foundations that for one reason or another have failed to execute. At times, all it takes is a fresh outlook and a slight tweak to completely alter the makeup and efficiency of a company, and activists can provide this. They also shine a spotlight on shareholder value creation, which can be neglected by entrenched management who often have their priorities elsewhere. Below and on the following pages we have embedded the latest 13D activist filing related to Blue Sphere Corp (OTCMKTS:BLSP), which shows that 67.45 million of its shares are held by Lazarus Management Company. You can see the details in the table and filing below.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Lazarus Management Company 67,448,619 0 67,448,619 0 67,448,619 28.7%
Justin B. Borus 67,448,619 0 67,448,619 0 67,448,619 28.7%
Lazarus Israel Opportunities Fund LL 47,137,404 0 47,137,404 0 47,137,404 20.5%
Lazarus Israel Opportunities Fund II LL 9,238,011 0 9,238,011 0 9,238,011 4.2%
Lazarus Investment Partners LL 11,073,204 0 11,073,204 0 11,073,204 5.0%

Page 1 of 10 SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No.  )
Under the Securities Exchange Act of 1934
Blue Sphere Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
09605C202
(CUSIP Number)
Adam D. Averbach, Esq.
Lazarus Management Company LLC
3200 Cherry Creek South Drive, Suite 670
Denver, CO  80209
(303) 500-8821
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 15, 2016
(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 § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box
Follow Blue Sphere Corp. (OTCMKTS:BLSP)
Trade (OTCMKTS:BLSP) Now!
Loading...