Steven Baughman and Divisar Capital’s First Activist Target: Telenav Inc. (TNAV)

1.

NAME OF REPORTING PERSONS

Divisar Capital Management LLC

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)     o

(b)     o

3.

SEC USE ONLY

4.

SOURCE OF FUNDS

AF

5.

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

3,909,592 (4)

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,909,592 (4)

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,909,592 (4)

12.

CHECK IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS)

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.6% (3)

14.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IA, HC, OO