Page 5 of 10 – SEC Filing
Item 1(a). Name Of Issuer.
Nexeo Solutions, Inc. (the “Company”)
Item 1(b). Address of Issuer’s Principal Executive
Offices.
3 Waterway Square Place, Suite 1000
The Woodlands, Texas 77380
Item 2(a). Name of Person Filing.
This report on Schedule 13G
(this “Schedule 13G”), is being jointly filed by (i) Park West Asset Management LLC (“PWAM”), a
Delaware limited liability company and the investment manager to (a) Park West Investors Master Fund, Limited
(“PWIMF”), a Cayman Islands exempted company that is the holder of 7,768,196 shares of common stock, $0.0001 par
value per share, of the Company (the “Common Stock”) (including 3,685,393 Founder Shares (as defined in the
Company’s Form 10-Q for the quarterly period ended December 31, 2016, filed with the Securities and Exchange Commission
on February 9, 2017 (the “Form 10-Q”))) and warrants to purchase up to 1,017,177 shares of Common Stock, reported
on this Schedule 13G, and (b) Park West Partners International, Limited (“PWPI” and, collectively with PWIMF, the
“PW Funds”), a Cayman Islands exempted company that is the holder of 1,022,996 shares of Common Stock (including
482,972 Founder Shares) and warrants to purchase up to 129,243 shares of Common Stock reported on this Schedule 13G; (ii)
PWIMF; and (iii) Peter S. Park, as the sole member and manager of PWAM (“Mr. Park” and, collectively with PWAM,
the “Reporting Persons”).
The 8,791,192 shares of Common
Stock (including 4,168,365 Founder Shares) and the 1,146,420 shares of Common Stock underlying the warrants held in the
aggregate by the PW Funds, which constitute approximately 11.0% of the shares of Common Stock deemed to be issued and
outstanding as of April 12, 2017, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment adviser to
PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM.
As of April 12, 2017, PWIMF held
7,768,196 shares of Common Stock (including 3,685,393 Founder Shares) and warrants to purchase 1,017,177 shares of Common
Stock, constituting approximately 9.7% of the Common Stock deemed to be issued and outstanding as of April 12, 2017.
Item 2(b). Address of Principal Business Office or,
if None, Residence.
The address for the Reporting Persons is: 900 Larkspur Landing Circle,
Suite 165, Larkspur, California 94939.
Item 2(c). Citizenship.
PWAM is organized under the laws of the State of Delaware. Mr. Park
is a citizen of the United States.
Item 2(d). Title of Class of Securities.
Common Stock, $0.0001 par value per share.
Item 2(e). CUSIP No.
65342H102
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:
Not Applicable.
