SEC Form SC 13D/A filed by NextGen Healthcare, Inc. (Amendment)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

(Amendment No. 3)¹

NextGen Healthcare, Inc.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

65343C102

(CUSIP Number)

SHELDON RAZIN

C/O NEXTGEN HEALTHCARE, INC.

3525 Piedmont Road, NE

Building 6, Suite 700

Atlanta, Georgia 30305

ANDREW M. FREEDMAN, ESQ.

OLSHAN FROME WOLOSKY LLP

1325 Avenue of the Americas

New York, New York 10019

(212) 451-2250

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

October 13, 2021

(Date of Event Which Requires Filing of This Statement)

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 §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-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 § 240.13d-7 for other parties to whom copies are to be sent.

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).

The following constitutes Amendment No. 3 to the Schedule 13D filed by the undersigned (“Amendment No. 3”). This Amendment No. 3 amends the Schedule 13D as specifically set forth herein.

Item 2 is hereby amended to add the following:

As further described in Item 4 below, following the Issuer’s 2021 annual meeting of shareholders held on October 13, 2021 (the “2021 Annual Meeting”), Lance E. Rosenzweig, Kenneth H. Fearn, Jr. and Ruby Sharma are no longer members of the Section 13(d) group and shall cease to be Reporting Persons immediately upon the filing of this Amendment No. 3 to the Schedule 13D.

Item 4 is hereby amended to add the following:

On October 13, 2021, Mr. Razin issued the following statement with respect to the 2021 Annual Meeting:

“On behalf of the Razin Group, I thank shareholders for their engagement over these past weeks.

As the Company’s founder and largest shareholder, I am proud of the growth and market expansion that the Company has achieved, and wish NextGen Healthcare’s Board of Directors and management team success going forward.

NextGen Healthcare has an outstanding portfolio of products and services that have transformed ambulatory care. With the appointment of the Company’s new CEO, David Sides, and the talented and dedicated team across the organization, I believe NextGen Healthcare is well positioned to build on its market leadership.”

Also on October 13, 2021, the parties to that certain Joint Filing and Solicitation Agreement, dated August 19, 2021, as amended by that certain Amended and Restated Joint Filing and Solicitation Agreement, dated September 16, 2021 (as amended, the “Joint Filing and Solicitation Agreement”), agreed to terminate the Joint Filing and Solicitation Agreement effective immediately. Accordingly, the Reporting Persons are no longer members of a Section 13(d) group. Mr. Razin, as the sole remaining Reporting Person, shall continue filing statements on Schedule 13D with respect to the beneficial ownership of securities of the Issuer to the extent required by applicable law.

SIGNATURES

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

Dated: October 14, 2021