SEC Form SC 13G filed by Rimini Street Inc. (DE)

2/14/23 6:14:23 AM ET

Business Services

Consumer Discretionary

Get the next $RMNI alert in real time by email

SC 13G 1 riministreetconifer22ye.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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. ) Rimini Street Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 76674Q107 (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: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) CUSIP No. 76674Q107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Conifer Management, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 4,919,848 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 4,919,848 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,919,848 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.57% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA, CO CUSIP No. 76674Q107 Item 1.(a). Name of Issuer: Rimini Street Inc. Item 1.(b). Address of issuer's principal executive offices: 3993 Howard Hughes Parkway, Suite 500 Las Vegas, NV 89169 Item 2.(a). Name of person filing: Conifer Management, L.L.C. Item 2.(b).Address or principal business office or, if none, residence: Conifer Management, L.L.C. 9 West 57th Street, Suite 5000 New York, New York 10019 Item 2.(c). Citizenship: Delaware Item 2.(d). Title of class of securities: Common Stock Item 2.(e). CUSIP No.: 76674Q107 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 (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c). (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Item 4.(a) Amount beneficially owned: 4,919,848 Item 4.(b) Percent of class: 5.57% Item 4.(c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 4,919,848 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 4,919,848 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. N/A Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to 240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. N/A Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A Item 10. Certification. By signing below the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 14, 2023 (Date) Conifer Management, L.L.C. By: /s/ Gregory Alexander Name: Gregory Alexander Title: Managing Member

Get the next $RMNI alert in real time by email

Recent Analyst Ratings for

$RMNI

Date	Price Target	Rating	Analyst
2/28/2025		Neutral → Buy	Alliance Global Partners
12/17/2024	$6.00	Hold → Buy	Craig Hallum
7/31/2024		Buy → Neutral	Alliance Global Partners
7/27/2023	$10.00 → $3.00	Buy → Hold	Craig Hallum
3/3/2022	$10.50 → $8.50	Neutral → Buy	Alliance Global Partners
1/19/2022	$8.00	Neutral → Buy	Roth Capital
11/4/2021	$10.00 → $10.50	Buy → Neutral	Alliance Global Partners
11/4/2021	$13.50 → $10.00	Outperform → Market Perform	Cowen & Co.

More analyst ratings

SEC Form SC 13G filed by Rimini Street Inc. (DE)

Chat with this insight

Recent Analyst Ratings for
$RMNI

$RMNI
Press Releases

Fastest customizable press release news feed in the world

Rimini Street Announces the Extension of Support for All SAP ECC 6.0 and S/4HANA Releases Through 2040

Rimini Street Appoints Vijay Kumar as EVP and Chief Operating Officer

Rimini Street Launches Rimini Manage™ for Dayforce

$RMNI
SEC Filings

Rimini Street Inc. (DE) filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

Rimini Street Inc. (DE) filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Rimini Street Inc. (DE) filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

$RMNI
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Rimini Street upgraded by Alliance Global Partners

Rimini Street upgraded by Craig Hallum with a new price target

Rimini Street downgraded by Alliance Global Partners

$RMNI
Leadership Updates

Live Leadership Updates

Rimini Street Appoints Vijay Kumar as EVP and Chief Operating Officer

Rimini Street Appoints Joe Locandro as EVP and Chief Information Officer to Lead Global IT Strategy

Rimini Street Appoints Martyn Hoogakker as GVP & General Manager for EMEA Region

$RMNI
Financials

Live finance-specific insights

Rimini Street Announces Fiscal First Quarter 2025 Financial and Operating Results

Rimini Street to Report First Quarter 2025 Financial Results on May 1, 2025

Rimini Street Announces Fiscal Fourth Quarter and Annual 2024 Financial and Operating Results

$RMNI
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Murray Robin P. converted options into 65,335 units of Common Stock (SEC Form 4)

Director Acosta Jack L converted options into 65,335 units of Common Stock, increasing direct ownership by 31% to 273,994 units (SEC Form 4)

Director Snyder Jay G converted options into 65,335 units of Common Stock, increasing direct ownership by 41% to 226,018 units (SEC Form 4)

$RMNI
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Rimini Street Inc. (DE) (Amendment)

SEC Form SC 13D filed by Rimini Street Inc. (DE)