SEC Form SC 13G/A filed by Hudson Global Inc. (Amendment)

2/14/23 1:25:18 PM ET

Professional Services

Consumer Discretionary

Get the next $HSON alert in real time by email

SC 13G/A 1 HSON13g16.txt HUDSON GLOBAL, INC. AMENDMENT 16 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.16) HUDSON GLOBAL, INC. (Name of Issuer) Common Shares (Title of Class of Securities) 443787205 (CUSIP Number) Hotchkis and Wiley Capital Management, LLC 601 S. Figueroa Street 39th Fl, Los Angeles, CA 90017 213-430-1897 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) 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. 443787205 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Hotchkis and Wiley Capital Management, LLC S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-4871957 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| Joint filing (b)| | -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 269,786 SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER 0 EACH REPORTING ---------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER 338,766 WITH ---------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 338,766 shares (Ownership disclaimed pursuant to Section 13d-4 of the 1934 Act) -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ___ -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.14% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Hotchkis and Wiley Small Cap Value Fund S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 22-2617726 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| Joint filing (b)| | -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 147,460 SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER 0 EACH REPORTING ---------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER 147,460 WITH ---------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 147,460 shares (Ownership disclaimed pursuant to Section 13d-4 of the 1934 Act) -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ___ -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.28% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IV -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: HUDSON GLOBAL, INC. Item 1(b). Address of Issuer's Principal Executive Offices: 53 Forest Avenue Old Greenwich, CT 06870 Item 2(a). Name of Person Filing: (a) Hotchkis and Wiley Capital Management, LLC (b) Hotckis and Wiley Small Cap Value Fund Item 2(b). Address of Principal Business Office or, if none, Residence: (a) 601 S. Figueroa Street 39th Fl, Los Angeles, CA 90017 (b) 601 S. Figueroa Street 39th Fl, Los Angeles, CA 90017 Item 2(c). Citizenship: (a) Delaware (b) Delaware Item 2(d). Title of Class of Securities: Common Shares Item 2(e). CUSIP Number: 443787205 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: (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)/X/ Investment company registered under Section 8 of the Investment Company Act. (as to 2(a)(b) above) (e)/X/ An investment adviser in accordance with Rule 13d-1(b)(1)(ii) (E). (as to 2(a)(a) above) (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)(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)/ / Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4(a). Amount beneficially owned: (a) 338,766 (Ownership disclaimed pursuant to Section 13d-4 of the 1934 Act) (includes ownership reported in 4(a)(b) below) (b) 147,460 Item 4(b). Percent of class: (a) 12.14% (includes ownership reported in 4(b)(b) below) (b) 5.28% Item 4(c). Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: (a) 269,786 (includes ownership reported in 4(c)(i)(b) below) (b) 147,460 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: (a) 338,766 (includes ownership reported in 4(c)(iii)(b) below) (b) 147,460 (iii) Shared power to dispose or to direct the disposition of: 0 Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, HWCM has the power to dispose of more Common Shares than it can vote. Item 5. Ownership of Five Percent or Less of a Class. (a) 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 [] (b) 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 [] See Exhibit A. Item 7. Identification and Classification of the Subsidiary which 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. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable 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 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. Date: February 13, 2023 Signature: /s/ Tina H. Kodama Name/Title: Tina H. Kodama Chief Compliance Officer EXHIBIT A The securities as to which this Schedule is filed by HWCM, in its capacity as investment adviser, are owners of record by clients of HWCM. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: Hotchkis and Wiley Small Cap Value Fund The Board of Trustees of the Hotchkis and Wiley Small Cap Value Fund can direct the disposition of dividends received by such fund and can dispose of such securities. HWCM disclaims ownership of securities for all clients. EXHIBIT B The undersigned investment company hereby acknowledges and agrees that a report on Schedule 13G filed by Hotchkis and Wiley Capital Management, LLC on or about the date hereof, relating to the Common Stock of Hudson Global, Inc. is filed on behalf of the undersigned. Dated: February 13, 2023 Hotchkis and Wiley Small Cap Value Fund By: /s/ Tina Kodama Tina Kodama Chief Compliance Officer Hotchkis & Wiley Capital Management, LLC Investment Advisor to the Hotchkis & Wiley Small Cap Value Fund

Get the next $HSON alert in real time by email

SEC Form SC 13G/A filed by Hudson Global Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for
$HSON

$HSON
Financials

Live finance-specific insights

Hudson Global Reports 2024 Fourth Quarter and Full-Year Results

Hudson Global to Report Fourth Quarter 2024 Financial Results on March 14th

Hudson Global Reports 2024 Third Quarter Results

$HSON
Press Releases

Fastest customizable press release news feed in the world

Engine Capital Nominates Two Highly Qualified and Independent Candidates for Election to Lyft's Board of Directors at the 2025 Annual Meeting

Hudson Global Reports 2024 Fourth Quarter and Full-Year Results

Hudson Global to Report Fourth Quarter 2024 Financial Results on March 14th

$HSON
Insider Purchases

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

Zabkowicz Jacob bought $3,979 worth of Common Stock. (245 units at $16.24), increasing direct ownership by 0.38% to 65,350 units (SEC Form 4)

$HSON
SEC Filings

$HSON
Leadership Updates

Live Leadership Updates

$HSON
Insider Trading

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

$HSON
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form 10-K filed by Hudson Global Inc.

Hudson Global Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Hudson Global Inc. filed SEC Form 8-K: Leadership Update

Hudson RPO Launches Digital Division

Hudson RPO Appoints Jake Zabkowicz as Global CEO

Hudson Global Appoints Mimi Drake as Chair of the Board

Director Pearse Robert G. was granted 1,335 units of Common Stock., increasing direct ownership by 11% to 13,301 units (SEC Form 4)

Director Nelson Connia M was granted 1,008 units of Common Stock., increasing direct ownership by 3% to 39,298 units (SEC Form 4)

Director Drake Mimi K was granted 1,493 units of Common Stock., increasing direct ownership by 4% to 41,812 units (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by Hudson Global Inc.

SEC Form SC 13G filed by Hudson Global Inc.