SEC Form SC 13G/A filed by Ocwen Financial Corporation NEW (Amendment)
CUSIP No. 675746606
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Page 2 of 14
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1
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NAMES OF REPORTING PERSONS
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DEER PARK ROAD MANAGEMENT COMPANY, LP
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|||
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||||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
|
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0 |
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|||
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||||
6
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SHARED VOTING POWER
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683,858
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|||
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||||
7
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SOLE DISPOSITIVE POWER
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0 |
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|||
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||||
8
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SHARED DISPOSITIVE POWER
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683,858
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|||
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||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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||
683,858
|
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|||
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||||
10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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|||
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||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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9.09%
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|||
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||||
12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IA, PN
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CUSIP No. 675746606
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Page 3 of 14
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1
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NAMES OF REPORTING PERSONS
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DEER PARK ROAD MANAGEMENT GP, LLC
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|
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|||
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|
||||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
|
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|
|||
3
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SEC USE ONLY
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||
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|||
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||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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||
Delaware
|
|
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|||
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|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0 |
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
7
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SOLE DISPOSITIVE POWER
|
|
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||
0 |
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
683,858
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
9.09%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
OO, HC
|
|
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|||
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CUSIP No. 675746606
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Page 4 of 14
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1
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NAMES OF REPORTING PERSONS
|
|
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DEER PARK ROAD CORPORATION
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
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|
||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
Delaware
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0 |
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0 |
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
683,858
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
9.09%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
CO, HC
|
|
|
|||
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CUSIP No. 675746606
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Page 5 of 14
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1
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NAMES OF REPORTING PERSONS
|
|
|
||
MICHAEL CRAIG-SCHECKMAN
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
United States of America
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0 |
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0 |
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
683,858
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
9.09%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
IN, HC
|
|
|
|||
|
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CUSIP No. 675746606
|
Page 6 of 14
|
1
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NAMES OF REPORTING PERSONS
|
|
|
||
AGATECREEK LLC
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
Colorado
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0 |
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0 |
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
683,858
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
9.09%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
OO, HC
|
|
|
|||
|
|
CUSIP No. 675746606
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Page 7 of 14
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1
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NAMES OF REPORTING PERSONS
|
|
|
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SCOTT EDWARD BURG
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☐
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
|
|
|
||
|
|
|
|||
|
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
||
United States of America
|
|
|
|||
|
|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
|
|
0 |
|
|
|||
|
|
||||
6
|
SHARED VOTING POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
7
|
SOLE DISPOSITIVE POWER
|
|
|
||
0 |
|
|
|||
|
|
||||
8
|
SHARED DISPOSITIVE POWER
|
|
|
||
683,858
|
|
|
|||
|
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
683,858
|
|
|
|||
|
|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☐
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
9.09%
|
|
|
|||
|
|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|
|
||
IN, HC
|
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|
|||
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CUSIP No. 675746606
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Page 8 of 14
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Item 1(a). |
Name of Issuer:
|
Item 1(b). |
Address of Issuer’s Principal Executive Offices:
|
Item 2(a). |
Name of Person Filing
|
i) |
Deer Park Road Management Company, LP (“Deer Park”);
|
ii) |
Deer Park Road Management GP, LLC (“DPRM”);
|
iii) |
Deer Park Road Corporation (“DPRC”);
|
iv) |
Michael Craig-Scheckman (“Mr. Craig-Scheckman”);
|
v) |
AgateCreek LLC (“AgateCreek”); and
|
vi) |
Scott Edward Burg (“Mr. Burg”).
|
Item 2(b). |
Address of Principal Business Office or, if None, Residence:
|
Item 2(c). |
Citizenship:
|
i) |
Deer Park is a limited partnership organized in Delaware;
|
ii) |
DPRM is a limited liability company organized in Delaware;
|
iii) |
DPRC is a Delaware corporation;
|
iv) |
Mr. Craig-Scheckman is a citizen of the United States of America;
|
v) |
AgateCreek is a limited liability company organized in Colorado; and
|
vi) |
Mr. Burg is a citizen of the United States of America.
|
Item 2(d). |
Title of Class of Securities:
|
Item 2(e). |
CUSIP Number:
|
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:
|
(e) |
☒ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
|
(g) |
☒ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
|
Item 4. |
Ownership:
|
Item 4(a) |
Amount Beneficially Owned:
|
Item 4(b) |
Percent of Class:
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CUSIP No. 675746606
|
Page 9 of 14
|
Item 4(c) |
Number of Shares as to which such person has:
|
(i) Sole power to vote or direct the vote:
|
0
|
(ii) Shared power to vote or direct the vote:
|
683,858
|
(iii) Sole power to dispose or direct the disposition of:
|
0
|
(iv) Shared power to dispose or direct the disposition of:
|
683,858
|
Item 5. |
Ownership of Five Percent or Less of a Class:
|
Item 6. |
Ownership of More than Five Percent on Behalf of Another Person:
|
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:
|
Item 8. |
Identification and Classification of Members of the Group:
|
Item 9. |
Notice of Dissolution of Group:
|
Item 10. |
Certification:
|
CUSIP No. 675746606
|
Page 10 of 14
|
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DEER PARK ROAD MANAGEMENT COMPANY, LP
|
|
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By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Chief Operating Officer
|
|
DEER PARK ROAD MANAGEMENT GP, LLC
|
|
|
By:
|
Deer Park Road Corporation, its managing member
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Road Corporation
|
|
DEER PARK ROAD CORPORATION
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Road Corporation
|
|
MICHAEL CRAIG-SCHECKMAN
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman
|
|
AGATECREEK LLC
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Scott Edward Burg, Sole Member of AgateCreek LLC
|
|
SCOTT EDWARD BURG
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Scott Edward Burg
|
March 1, 2023
|
|
|
CUSIP No. 675746606
|
Page 11 of 14
|
Ex.
|
|
Page No.
|
|
|
|
A
|
Joint Filing Agreement
|
12
|
B
|
Power of Attorney for Michael Craig-Scheckman
|
13
|
C
|
Power of Attorney for Scott Edward Burg
|
14
|
CUSIP No. 675746606
|
Page 12 of 14
|
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DEER PARK ROAD MANAGEMENT COMPANY, LP
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Chief Operating Officer
|
|
DEER PARK ROAD MANAGEMENT GP, LLC
|
|
|
By:
|
Deer Park Road Corporation, its managing member
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Road Corporation
|
|
DEER PARK ROAD CORPORATION
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman, Chief Executive Officer of Deer Park Road Corporation
|
|
MICHAEL CRAIG-SCHECKMAN
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Michael Craig-Scheckman
|
|
AGATECREEK LLC
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Scott Edward Burg, Sole Member of AgateCreek LLC
|
|
SCOTT EDWARD BURG
|
|
|
By:
|
/s/ Bradley W. Craig
|
|
Name:
|
Bradley W. Craig
|
|
Title:
|
Attorney-in-fact for Scott Edward Burg
|
CUSIP No. 675746606
|
Page 13 of 14
|
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/s/ Michael Craig-Scheckman
|
|
Michael Craig-Scheckman
|
CUSIP No. 675746606
|
Page 14 of 14
|
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/s/ Scott Edward Burg
|
|
Scott Edward Burg
|