Quantisnow Logo
Dashboard

SEC Form SC 13G/A filed by Communications Systems Inc. (Amendment)

$JCS
Telecommunications Equipment
Public Utilities
Get the next $JCS alert in real time by email
SC 13G/A 1 jcs-13g_20211231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* COMMUNICATIONS SYSTEMS, INC. ---------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value, $.05 per share ---------------------------------------------------------------------------- (Title of Class of Securities) 203900105 ---------------------------------------------------------------------------- (CUSIP Number) December 31, 2021 ---------------------------------------------------------------------------- (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) *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 the disclosures provided in a prior cover page. The information required in 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. 203900105 13G Page 2 of 8 Pages ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). Renaissance Technologies LLC 26-0385758 ----------------------------------------------------------------------------- (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 ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 540,463 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 0 _____________________________ (7) SOLE DISPOSITIVE POWER 630,983 _____________________________ (8) SHARED DISPOSITIVE POWER 0 ______________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 630,983 ------------------------------------------------------------------------------ (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) 6.49 % ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA Page 2 of 8 pages ============================================================================= Page 3 of 8 pages ----------------------------------------------------------------------------- CUSIP NO. 203900105 13G Page 3 of 8 Pages ----------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION 13-3127734 ----------------------------------------------------------------------------- (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 ----------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF SHARES 540,463 BENEFICIALLY OWNED _____________________________ BY EACH REPORTING PERSON WITH: (6) SHARED VOTING POWER 0 _____________________________ (7) SOLE DISPOSITIVE POWER 630,983 _____________________________ (8) SHARED DISPOSITIVE POWER 0 _____________________________ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 630,983 ----------------------------------------------------------------------------- (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) 6.49 % ----------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC Page 3 of 8 pages ============================================================================= ----------------------------------------------------------------------------- CUSIP NO. 203900105 13G Page 4 of 8 Pages ----------------------------------------------------------------------------- Item 1. (a) Name of Issuer COMMUNICATIONS SYSTEMS, INC. (b) Address of Issuer's Principal Executive Offices. 10900 Red Circle Drive, Minnetonka, MN 55343 Item 2. (a) Name of Person Filing: This Schedule 13G is being filed by Renaissance Technologies LLC ("RTC") and Renaissance Technologies Holdings Corporation ("RTHC"). (b) Address of Principal Business Office or, if none, Residence. The principal business address of the reporting persons is: 800 Third Avenue New York, New York 10022 (c) Citizenship. RTC is a Delaware limited liability company, and RTHC is a Delaware corporation. (d) Title of Class of Securities. Common Stock, par value, $.05 per share (e) CUSIP Number. 203900105 Page 4 of 8 pages ============================================================================= Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13-d-2(b) or (c),check whether the person filing is a: (a) [_] Broker or dealer registered under section 15 of the Act. (b) [_] Bank as defined in section 3(a)(6) of the Act. (c) [_] Insurance Company as defined in section 3(a)(19) of the Act. (d) [_] Investment Company registered under section 8 of the Investment Company Act. (e) [x] Investment Adviser in accordance with Sec.240.13d-1(b)(1)(ii)(E). (f) [_] Employee Benefit Plan or Endowment Fund in accordance with Sec. 240.13d-1(b)(1)(ii)(F). (g) [_] Parent holding company, in accordance with Sec.240.13d-1(b)(1)(ii)(G). (h) [_] A savings associations 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 of 1940. (j) [_] Group, in accordance with Sec.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. (a) Amount beneficially owned. RTC: 630,983 shares RTHC: 630,983 shares, comprising the shares beneficially owned by RTHC, because of RTHC's majority ownership of RTC. (b) Percent of Class. RTC: 6.49 % RTHC: 6.49 % (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: RTC: 540,463 RTHC: 540,463 (ii) Shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: RTC: 630,983 RTHC: 630,983 (iv) Shared power to dispose or to direct the disposition of: RTC: 0 RTHC: 0 Page 5 of 8 pages ============================================================================= 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: [_] Item 6. Ownership of More than Five Percent on Behalf of Another Person. Certain funds and accounts managed by RTC have the right to receive dividends and proceeds from the sale of the securities which are the subject of this report. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable Item 8. Identification and Classification of Members of the Group. Not applicable Item 9. Notice of Dissolution of a Group. Not applicable Page 6 of 8 pages ============================================================================= Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. Date: February 11, 2022 Renaissance Technologies LLC By: /s/ James S. Rowen Chief Operating Officer Renaissance Technologies Holdings Corporation By: /s/ James S. Rowen Vice President Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 7 of 8 Pages ============================================================================== EXHIBIT 99.1 AGREEMENT REGARDING JOINT FILING UNDER RULE 13D-1(K) OF THE EXCHANGE ACT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees to the filing on behalf of each of a Statement on Schedule 13G, and all amendments thereto, with respect to the shares of Common Stock, par value, $.05 per share of COMMUNICATIONS SYSTEMS, INC. Date: February 11, 2022 Renaissance Technologies LLC By: /s/ James S. Rowen Chief Operating Officer Renaissance Technologies Holdings Corporation By: /s/ James S. Rowen Vice President Page 8 of 8 Pages
Get the next $JCS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$JCS

DatePrice TargetRatingAnalyst
More analyst ratings

$JCS
 Press Releases

Fastest customizable press release news feed in the world

See more

  • Communications Systems, Inc. Announces Closing of the Merger with Pineapple Energy LLC and Changes its Name to Pineapple Holdings, Inc.

     Company raises $32 million in private placement Trading under "PEGY" on the Nasdaq Capital Market to begin March 29, 2022 Communications Systems, Inc. (NASDAQ:JCS) (the "Company" or "Pineapple Energy") today announced the closing of its merger with Pineapple Energy LLC. In connection with the closing, the Company changed its name to "Pineapple Holdings, Inc." on March 28, 2022 and its common stock is expected to trade on the Nasdaq Capital Market under the new symbol "PEGY" on Tuesday, March 29, 2022. Immediately prior to the merger, Pineapple Energy completed its acquisition of two Hawaiian solar companies, Hawaii Energy Connection, LLC and E-Gear, LLC. Following the merger, Pineapple E

    $JCS
    Telecommunications Equipment
    Public Utilities

  • Communications Systems, Inc. Receives Shareholder Approval to Merge With Pineapple Energy and Announces Expected Merger Closing Date

    - CSI Shareholders Approved Merger Proposal at Special Meeting on March 25, 2022 - CSI Expects Closing of Merger to Occur on Monday, March 28, 2022 - CSI Shareholders of Record as of the Close of Business on Friday, March 25, 2022 Will Receive CVRs Assuming Closing on March 28, 2022 Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. Roger Lacey, Executive Chair and Interim Chief Executive Officer of CSI, commented, "On behalf o

    $JCS
    Telecommunications Equipment
    Public Utilities

  • Communications Systems, Inc. Adjourns Special Meeting

    - Meeting Adjourned to March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET - Proposal #1 – Pineapple Merger Proposal – Requires 2/3 of Outstanding - CSI Urges Shareholders to Vote Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that the CSI special meeting of shareholders has been adjourned to Friday, March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET solely with respect to Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC. Proposal #1, along with the other proposals, is described in the proxy statement/prospectus dated February 3, 2022. Proposal #1 continues to have very strong levels of CSI shareholder support. Approximately 66

    $JCS
    Telecommunications Equipment
    Public Utilities

$JCS
 Analyst Ratings

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

See more

$JCS
 Insider Trading

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

See more

$JCS
 SEC Filings

See more

$JCS
 Leadership Updates

Live Leadership Updates

See more

  • Communications Systems, Inc. Appoints Anita Kumar as Chief Executive Officer

    MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI’s Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI’s Board of Directors. Ms. Kumar joined CSI in 2011 and was promoted to General Manager of Transition Networks in 2019, where she led business operations and oversaw the Electronics & Software assets of CSI. Prior to joining CSI, sh

    $JCS
    $ERIC
    Telecommunications Equipment
    Public Utilities
    Radio And Television Broadcasting And Communications Equipment
    Technology

$JCS
 Financials

Live finance-specific insights

See more

  • Communications Systems, Inc. Receives Shareholder Approval to Merge With Pineapple Energy and Announces Expected Merger Closing Date

    - CSI Shareholders Approved Merger Proposal at Special Meeting on March 25, 2022 - CSI Expects Closing of Merger to Occur on Monday, March 28, 2022 - CSI Shareholders of Record as of the Close of Business on Friday, March 25, 2022 Will Receive CVRs Assuming Closing on March 28, 2022 Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. Roger Lacey, Executive Chair and Interim Chief Executive Officer of CSI, commented, "On behalf o

    $JCS
    Telecommunications Equipment
    Public Utilities

  • Communications Systems, Inc. Adjourns Special Meeting

    - Meeting Adjourned to March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET - Proposal #1 – Pineapple Merger Proposal – Requires 2/3 of Outstanding - CSI Urges Shareholders to Vote Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that the CSI special meeting of shareholders has been adjourned to Friday, March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET solely with respect to Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC. Proposal #1, along with the other proposals, is described in the proxy statement/prospectus dated February 3, 2022. Proposal #1 continues to have very strong levels of CSI shareholder support. Approximately 66

    $JCS
    Telecommunications Equipment
    Public Utilities

  • Communications Systems, Inc. Reminds Investors that Every Share is Critical to the Approval of the Merger with Pineapple Energy

    Urges Investors to vote FOR the Merger at its Special Meeting Submit your vote through your broker, vote online (voting deadline is March 22 at 11:59pm ET) or at the shareholder meeting on March 23 at 1:00 pm CT (2:00pm ET) Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today urges CSI shareholders to vote "FOR" Proposal #1 to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the special meeting of shareholders that will be held on Wednesday, March 23, 2022 at 1:00 p.m. Central Time. As of the close of the business day on March 21, 2022, approximately 62% of the CSI total outstanding shares have already voted in favor of Proposal #1. With at l

    $JCS
    Telecommunications Equipment
    Public Utilities

$JCS
 Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more