Nelson Obus‘ Wynnefield Partners currently owns 1.70 million shares of Layne Christensen Company (NASDAQ:LAYN), as a filing with the Securities and Exchange Commission showed. The 13D filing revealed that the activist position held by Wynnefield amasses around 8.5% of Layne Christensen’s outstanding stock. Moreover, the current stake represents a considerable increase from the 320,700 shares that Wynnefield disclosed in its last 13F filing (for the end of the third quarter of 2015).
You can access the original SEC filing by clicking here.
Page 1 of 15 SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Name of Issuer)
(Title of Class of Securities)
Wynnefield Partners Small Cap Value, L.P.
450 Seventh Avenue, Suite 509
New York, New York 10123
Attention: Mr. Nelson Obus
Jeffrey S. Tullman, Esq.
Kane Kessler, P.C.
1350 Avenue of the Americas, 26th
New York, New York 10019
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
(Date of Event which requires Filing of
If the filing person has previously filed
a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because
of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]