UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
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Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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Ardmore Shipping Corporation
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(Name of Issuer)
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Common Stock, par value $0.01 per share
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(Title of Class of Securities)
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Y0207T100
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(CUSIP Number)
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GA Holdings LLC
c/o Greenbriar Equity Group LLC
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555 Theodore Fremd Avenue, Suite A-201
Rye, NY 10580
(914) 925-9600
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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November 28, 2017
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(Date of Event which Requires Filing of this Statement)
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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d–7 for other parties to whom copies are to be sent.
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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GA Holdings LLC
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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4.
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Source of Funds (See Instructions)
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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6.
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Citizenship or Place of Organization
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Republic of the Marshall Islands
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7.
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Sole Voting Power
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0
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Number of Shares Beneficially Owned by Each Reporting Person
With
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8.
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Shared Voting Power
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0
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9.
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Sole Dispositive Power
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0
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10.
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Shared Dispositive Power
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0
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11.
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Aggregate Amount Beneficially Owned By Each Reporting Person
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0
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12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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13.
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Percent of Class Represented by Amount in Row (11)
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0%
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14.
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Type of Reporting Person (See Instructions)
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OO
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Greenbriar Equity Fund II, L.P.
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||||||||||
4.
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Source of Funds (See Instructions)
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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6.
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Citizenship or Place of Organization
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Delaware
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7.
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Sole Voting Power
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0
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Number of Shares Beneficially Owned by Each Reporting Person
With
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8.
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Shared Voting Power
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0
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9.
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Sole Dispositive Power
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0
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10.
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Shared Dispositive Power
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0
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11.
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Aggregate Amount Beneficially Owned By Each Reporting Person
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0
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||||||||||||
12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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13.
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Percent of Class Represented by Amount in Row (11)
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0%
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14.
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Type of Reporting Person (See Instructions)
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PN
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Greenbriar Equity Fund II-A, L.P.
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||||||||||
4.
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Source of Funds (See Instructions)
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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6.
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Citizenship or Place of Organization
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Delaware
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7.
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Sole Voting Power
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0
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Number of Shares Beneficially Owned by Each Reporting Person
With
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8.
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Shared Voting Power
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0
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||||||||||||
9.
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Sole Dispositive Power
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0
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||||||||||||
10.
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Shared Dispositive Power
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0
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||||||||||||
11.
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Aggregate Amount Beneficially Owned By Each Reporting Person
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0
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||||||||||||
12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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13.
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Percent of Class Represented by Amount in Row (11)
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0%
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14.
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Type of Reporting Person (See Instructions)
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PN
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Greenbriar Equity Capital II, L.P.
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||||||||||
4.
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Source of Funds (See Instructions)
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|||||||||||||
5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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6.
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Citizenship or Place of Organization
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Delaware
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7.
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Sole Voting Power
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0
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||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person
With
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||||||||||||||
8.
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Shared Voting Power
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0
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||||||||||||
9.
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Sole Dispositive Power
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0
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||||||||||||
10.
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Shared Dispositive Power
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0
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||||||||||||
11.
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Aggregate Amount Beneficially Owned By Each Reporting Person
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0
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||||||||||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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||||||||||||
13.
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Percent of Class Represented by Amount in Row (11)
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0%
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14.
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Type of Reporting Person (See Instructions)
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PN
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Greenbriar Holdings II, LLC
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||||||||||
4.
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Source of Funds (See Instructions)
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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||||||||||||
6.
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Citizenship or Place of Organization
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Delaware
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7.
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Sole Voting Power
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0
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||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person
With
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||||||||||||||
8.
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Shared Voting Power
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0
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||||||||||||
9.
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Sole Dispositive Power
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0
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||||||||||||
10.
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Shared Dispositive Power
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0
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||||||||||||
11.
|
Aggregate Amount Beneficially Owned By Each Reporting Person
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0
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||||||||||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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13.
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Percent of Class Represented by Amount in Row (11)
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0%
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||||||||||||
14.
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Type of Reporting Person (See Instructions)
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|||||||||||||
OO
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Joel S. Beckman
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||||||||||
4.
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Source of Funds (See Instructions)
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|||||||||||||
5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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6.
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Citizenship or Place of Organization
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United States of America
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7.
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Sole Voting Power
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0
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||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person
With
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||||||||||||||
8.
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Shared Voting Power
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0
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||||||||||||
9.
|
Sole Dispositive Power
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0
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||||||||||||
10.
|
Shared Dispositive Power
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0
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||||||||||||
11.
|
Aggregate Amount Beneficially Owned By Each Reporting Person
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0
|
||||||||||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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||||||||||||
13.
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Percent of Class Represented by Amount in Row (11)
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0%
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||||||||||||
14.
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Type of Reporting Person (See Instructions)
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|||||||||||||
IN
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Reginald L. Jones, III
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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(b)
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[X]
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3.
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SEC Use Only
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|||||
4.
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Source of Funds (See Instructions)
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|||||
5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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[_]
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||||
6.
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Citizenship or Place of Organization
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United States of America
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7.
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Sole Voting Power
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0
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Number of Shares Beneficially Owned by Each Reporting Person
With
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||||||
8.
|
Shared Voting Power
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0
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9.
|
Sole Dispositive Power
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0
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10.
|
Shared Dispositive Power
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0
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||||
11.
|
Aggregate Amount Beneficially Owned By Each Reporting Person
|
0
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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[_]
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||||
13.
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Percent of Class Represented by Amount in Row (11)
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0%
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14.
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Type of Reporting Person (See Instructions)
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IN
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Schedule 13D/A
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||||
CUSIP No.
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Y0207T100
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1.
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Names of Reporting Persons
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Gerald Greenwald
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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[_]
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|||||||||||||
(b)
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[X]
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|||||||||||||
3.
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SEC Use Only
|
|||||||||||||
4.
|
Source of Funds (See Instructions)
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|||||||||||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
[_]
|
||||||||||||
6.
|
Citizenship or Place of Organization
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United States of America
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||||||||||||
7.
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Sole Voting Power
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0
|
||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person
With
|
||||||||||||||
8.
|
Shared Voting Power
|
0
|
||||||||||||
9.
|
Sole Dispositive Power
|
0
|
||||||||||||
10.
|
Shared Dispositive Power
|
0
|
||||||||||||
11.
|
Aggregate Amount Beneficially Owned By Each Reporting Person
|
0
|
||||||||||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
|
[_]
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||||||||||||
13.
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Percent of Class Represented by Amount in Row (11)
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0%
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||||||||||||
14.
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Type of Reporting Person (See Instructions)
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|||||||||||||
IN
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Schedule 13D/A
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CUSIP No.
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Y0207T100
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ITEM 5. |
Interest in Securities of the Issuer.
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ITEM 6. |
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
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Exhibit A
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The Joint Filing Agreement.
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Exhibit D
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Share Purchase Agreement, dated November 26, 2017, between the Issuer and GA Holdings.
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Exhibit E
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Underwriting Agreement, dated November 28, 2017, among the Issuer, GA Holdings and Morgan Stanley & Co. LLC (incorporated by reference from the Issuer's Report on Form 6-K, filed with the Commission on November 30, 2017).
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Exhibit F
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Assignment of Registration Rights, dated as of November 30, 2017, between GA Holdings, Seacove Shipping Ventures LLC, Paul Tivnan, Mark Cameron and Brian Dunne.
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Dated: December 1, 2017
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GA HOLDINGS LLC
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By:
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/s/ Reginald L. Jones, III
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Reginald L. Jones, III
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Director
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GREENBRIAR EQUITY FUND II, L.P.
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By:
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Greenbriar Equity Capital II, L.P., its general partner
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By:
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Greenbriar Holdings II, LLC, its general partner
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By:
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/s/ Reginald L. Jones, III
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Reginald L. Jones, III
Managing Member
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GREENBRIAR EQUITY FUND II-A, L.P.
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By:
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Greenbriar Equity Capital II, L.P., its general partner
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By:
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Greenbriar Holdings II, LLC, its general partner
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By:
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/s/ Reginald L. Jones, III
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Reginald L. Jones, III
Managing Member
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GREENBRIAR EQUITY CAPITAL II, L.P.
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By: Greenbriar Holdings II, LLC, its general partner
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By:
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/s/ Reginald L. Jones, III
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Reginald L. Jones, III
Managing Member
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GREENBRIAR HOLDINGS II, LLC
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By:
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/s/ Reginald L. Jones, III
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Reginald L. Jones, III
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Managing Member
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JOEL S. BECKMAN*
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/s/ Joel S. Beckman
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REGINALD L. JONES, III*
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/s/ Reginald L. Jones, III
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GERALD GREENWALD*
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/s/ Gerald Greenwald
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