13G Filing: Omega Advisors and Nordic American Offshore Ltd. (NAO)

According to a recent 13G filing with the Securities and Exchange Commission, billionaire Leon Cooperman‘s Omega Advisors owns a passive stake in Nordic American Offshore Ltd (NYSE:NAO). The filing showed that Omega Advisors holds around 7.7% of Nording American Offshore’s outstanding stock, the position containing 1.60 million shares. In its latest 13F filing, Omega Advisors revealed ownership of 3.67 million shares of the company as of the end of December.

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
LEON G. COOPERMAN 0 1,600,000 0 1,600,000 1,600,000 7.7%
OMEGA CHARITABLE PARTNERSHIP 0 1,600,000 0 1,600,000 1,600,000 7.7%
Leon Cooperman
Leon Cooperman
Omega Advisors

Page 1 of 7 SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act
of 1934

(Amendment No 2)*

NORDIC AMERICAN OFFSHORE LTD
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
Y6366T112
(CUSIP Number)
February 18, 2016
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:

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).

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