Filing Details

Accession Number:
0000921895-23-000371
Form Type:
13G Filing
Publication Date:
2023-02-08 19:00:00
Filed By:
Voss Capital
Company:
Bluelinx Holdings Inc. (NYSE:BXC)
Filing Date:
2023-02-09
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
VOSS VALUE MASTER FUND 302,500 302,500 0 302,500 3.3%
VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND 40,000 40,000 0 40,000 Less than 1%
VOSS ADVISORS GP 342,500 342,500 0 342,500 3.8%
VOSS CAPITAL 432,223 432,223 167,500 599,723 6.6%
TRAVIS W. COCKE 432,223 432,223 167,500 599,723 6.6%
Filing

 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1)1

 

BlueLinx Holdings Inc.

 (Name of Issuer)

Common Stock, par value $0.01 per share

 (Title of Class of Securities)

09624H208

 (CUSIP Number)

December 31, 2022

 (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)

 

 

 

1              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 disclosures provided in a prior cover page.

The information required on 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).

 

CUSIP No. 09624H208

 

  1   NAME OF REPORTING PERSON  
         
        VOSS VALUE MASTER FUND, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
        (b) ☐
           
  3   SEC USE ONLY    
           
             
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        CAYMAN ISLANDS  
NUMBER OF   5   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         302,500  
OWNED BY   6   SHARED VOTING POWER  
EACH          
REPORTING         0  
PERSON WITH   7   SOLE DISPOSITIVE POWER  
         
          302,500  
    8   SHARED DISPOSITIVE POWER  
           
          0  
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        302,500  
  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
       
           
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
        3.3%  
  12   TYPE OF REPORTING PERSON  
         
        PN  

  

2

CUSIP No. 09624H208

  1   NAME OF REPORTING PERSON  
         
        VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND, L.P.  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
        (b) ☐
           
  3   SEC USE ONLY    
           
             
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        TEXAS  
NUMBER OF   5   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         40,000  
OWNED BY   6   SHARED VOTING POWER  
EACH          
REPORTING         0  
PERSON WITH   7   SOLE DISPOSITIVE POWER  
         
          40,000  
    8   SHARED DISPOSITIVE POWER  
           
          0  
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        40,000  
  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
       
           
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
        Less than 1%  
  12   TYPE OF REPORTING PERSON  
         
        PN  

  

3

CUSIP No. 09624H208

 

  1   NAME OF REPORTING PERSON  
         
        VOSS ADVISORS GP, LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
        (b) ☐
           
  3   SEC USE ONLY    
           
             
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        TEXAS  
NUMBER OF   5   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         342,500  
OWNED BY   6   SHARED VOTING POWER  
EACH          
REPORTING         0  
PERSON WITH   7   SOLE DISPOSITIVE POWER  
         
          342,500  
    8   SHARED DISPOSITIVE POWER  
           
          0  
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        342,500  
  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
       
           
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
        3.8%  
  12   TYPE OF REPORTING PERSON  
         
        OO  

  

4

CUSIP No. 09624H208

 

  1   NAME OF REPORTING PERSON  
         
        VOSS CAPITAL, LLC  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
        (b) ☐
           
  3   SEC USE ONLY    
           
             
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        TEXAS  
NUMBER OF   5   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         432,223  
OWNED BY   6   SHARED VOTING POWER  
EACH          
REPORTING         167,500  
PERSON WITH   7   SOLE DISPOSITIVE POWER  
         
          432,223  
    8   SHARED DISPOSITIVE POWER  
           
          167,500  
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        599,723  
  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
       
           
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
        6.6%  
  12   TYPE OF REPORTING PERSON  
         
        OO  

  

5

CUSIP No. 09624H208

 

  1   NAME OF REPORTING PERSON  
         
        TRAVIS W. COCKE  
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐
        (b) ☐
           
  3   SEC USE ONLY    
           
             
  4   CITIZENSHIP OR PLACE OF ORGANIZATION  
         
        USA  
NUMBER OF   5   SOLE VOTING POWER  
SHARES          
BENEFICIALLY         432,223  
OWNED BY   6   SHARED VOTING POWER  
EACH          
REPORTING         167,500  
PERSON WITH   7   SOLE DISPOSITIVE POWER  
         
          432,223  
    8   SHARED DISPOSITIVE POWER  
           
          167,500  
  9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
         
        599,723  
  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES     ☐
       
           
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
         
        6.6%  
  12   TYPE OF REPORTING PERSON  
         
        IN  

  

6

CUSIP No. 09624H208

Item 1(a).Name of Issuer:

 

BlueLinx Holdings, Inc., a Delaware corporation (the “Issuer”).

 

Item 1(b).Address of Issuer’s Principal Executive Offices:

 

1950 Spectrum Circle, Suite 300

Marietta, Georgia 30067

 

Item 2(a).Name of Person Filing
Item 2(b).Address of Principal Business Office or, if None, Residence
Item 2(c).Citizenship

 

Voss Value Master Fund, L.P. (“Voss Value Master Fund”)

3773 Richmond, Suite 500

Houston, Texas 77046

Citizenship: Cayman Islands

 

Voss Value-Oriented Special Situations Fund, L.P. (“Voss Value-Oriented Special Situations Fund”)

3773 Richmond, Suite 500

Houston, Texas 77046

Citizenship: Texas

 

Voss Advisors GP, LLC (“Voss GP”)

3773 Richmond, Suite 500

Houston, Texas 77046

Citizenship: Texas

 

Voss Capital, LLC (“Voss Capital”),

3773 Richmond, Suite 500

Houston, Texas 77046

Citizenship: Texas

 

Travis W. Cocke

3773 Richmond, Suite 500

Houston, Texas 77046

Citizenship: USA

 

Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

 

Item 2(d).Title of Class of Securities:

 

Common Stock, par value $0.01 per share (the “Shares”).

 

Item 2(e).CUSIP Number:

 

09624H208

 

7

CUSIP No. 09624H208

Item 3.If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

    /x/ Not applicable.
       
  (a) / / Broker or dealer registered under Section 15 of the Exchange Act.
       
  (b) / / Bank as defined in Section 3(a)(6) of the Exchange Act.
       
  (c) / / Insurance company as defined in Section 3(a)(19) of the Exchange Act.
       
  (d) / / Investment company registered under Section 8 of the Investment Company Act.
       
  (e) / / An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
       
  (f) / / An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).
       
  (g) / / A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
       
  (h) / / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
       
  (i) / / A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
       
  (j) / / A non-U.S. institution, in accordance with Rule 13d-1(b)(1)(ii)(J).
       
  (k) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____

 

Item 4.Ownership

 

(a)Amount beneficially owned:

 

As of the close of business on December 31, 2022:

 

(i)Voss Value Master Fund beneficially owned 302,500 Shares.

 

(ii)Voss Value-Oriented Special Situations Fund beneficially owned 40,000 Shares.

 

(iii)Voss GP, as the general partner of each of Voss Value Master Fund and Voss Value-Oriented Special Situations Fund, may be deemed the beneficial owner of the (i) 302,500 Shares beneficially owned by Voss Value Master Fund and (ii) 40,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund.

 

8

CUSIP No. 09624H208

(iv)Voss Capital, as the investment manager of Voss Value Master Fund, Voss Value-Oriented Special Situations Fund and certain accounts managed by Voss Capital (the “Voss Managed Accounts”), may be deemed the beneficial owner of the (i) 302,500 Shares beneficially owned by Voss Value Master Fund, (ii) 40,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund, and (iii) 257,223 Shares held in the Voss Managed Accounts.

 

(v)Mr. Cocke, as the managing member of each of Voss Capital and Voss GP, may be deemed the beneficial owner of the (i) 302,500 Shares owned by Voss Value Master Fund, (ii) 40,000 Shares owned by Voss Value-Oriented Special Situations Fund, and (iii) 257,223 Shares held in the Voss Managed Accounts.

 

(b)Percent of class:

 

The aggregate percentage of the Shares reported owned by each person named herein is based upon 9,035,469 Shares outstanding as of October 28, 2022, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 1, 2022.

 

As of the close of business on December 31, 2022:

 

(i)Voss Value Master Fund may be deemed to beneficially own approximately 3.3% of the outstanding Shares;

 

(ii)Voss Value-Oriented Special Situations Fund may be deemed to beneficially own less than 1% of the outstanding Shares;

 

(iii)Voss GP may be deemed to beneficially own approximately 3.8% of the outstanding Shares;

 

(iv)Voss Capital may be deemed to beneficially own approximately 6.6% of the outstanding Shares (approximately 2.8% of the outstanding Shares are held in the Voss Managed Accounts); and

 

(v)Mr. Cocke may be deemed to beneficially own approximately 6.6% of the outstanding Shares.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote

 

See Cover Pages Items 5-9.

 

(ii)Shared power to vote or to direct the vote

 

See Cover Pages Items 5-9.

 

(iii)Sole power to dispose or to direct the disposition of

 

See Cover Pages Items 5-9.

 

9

CUSIP No. 09624H208

(iv)Shared power to dispose or to direct the disposition of

 

See Cover Pages Items 5-9.

 

Item 5.Ownership of Five Percent or Less of a Class.

 

Not applicable.

 

Item 6.Ownership of More than Five Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7.Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not applicable.

 

Item 8.Identification and Classification of Members of the Group.

 

See Exhibit 99.1 to the Schedule 13G filed with the Securities and Exchange Commission on September 21, 2022.

 

Item 9.Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.Certifications.

 

By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

10

CUSIP No. 09624H208

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 9, 2023

  VOSS VALUE MASTER FUND, L.P.
   
  By:

Voss Advisors GP, LLC

General Partner

     
  By:

/s/ Travis W. Cocke

    Name: Travis W. Cocke
    Title: Managing Member

 

 

  VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND, L.P.
   
  By:

Voss Advisors GP, LLC

General Partner

     
  By:

/s/ Travis W. Cocke

    Name: Travis W. Cocke
    Title: Managing Member

 

 

  VOSS ADVISORS GP, LLC
   
  By:

/s/ Travis W. Cocke

    Name: Travis W. Cocke
    Title: Managing Member

 

 

  VOSS CAPITAL LLC
   
  By:

/s/ Travis W. Cocke

    Name: Travis W. Cocke
    Title: Managing Member

 

 

 

/s/ Travis W. Cocke

  Travis W. Cocke

 

11