SEC Form SC 13G/A filed by Qumu Corporation (Amendment)

$QUMU
Retail: Computer Software & Peripheral Equipment
Technology
Get the next $QUMU alert in real time by email
SC 13G/A 1 tm226177d4_sc13ga.htm SC 13G/A

 

 

 

  UNITED STATES  
  SECURITIES AND EXCHANGE COMMISSION  
  Washington, D.C. 20549  
     

SCHEDULE 13G

 

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.
(Amendment No.  1   )*

 

Qumu Corporation

(Name of Issuer)

 

Common

(Title of Class of Securities)

 

749063103

(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:

 

¨ Rule 13d-1(b)
x 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.  749063103
 
  1. Names of Reporting Persons
Portolan Capital Management, LLC
 
  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

 

0

 
6.

Shared Voting Power

 

 
7.

Sole Dispositive Power

 

0

 
8.

Shared Dispositive Power

 

 

 
  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

 
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
 
  11. Percent of Class Represented by Amount in Row (9)
0%
 
  12. Type of Reporting Person (See Instructions)
IA
           

 

2

 

 

CUSIP No.  749063103
 
  1. Names of Reporting Persons
George McCabe
 
  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
USA
     
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5.

Sole Voting Power

 

0

 
6.

Shared Voting Power

 

 
7.

Sole Dispositive Power

 

0

 
8.

Shared Dispositive Power

 

 

 
  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

 
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨
 
  11. Percent of Class Represented by Amount in Row (9)
0%
 
  12. Type of Reporting Person (See Instructions)
IN
           

 

3

 

 

Item 1.
  (a) Name of Issuer
Qumu Corporation
  (b)

400 S 4th St., Suite 401-412

Minneapolis, Minnesota 55415

 
Item 2.
  (a)

Name of Person Filing

This statement is being filed with respect to the shares of common stock (“Common Stock”) of the Issuer beneficially owned (1) directly by Portolan Capital Management, LLC, a registered investment adviser, in its capacity as investment manager for various clients, and (2) indirectly by George McCabe, the Manager of Portolan Capital Management, LLC. Portolan Capital Management, LLC and Mr. McCabe are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons.”

  (b)

Address of Principal Business Office or, if none, Residence

Portolan Capital Management, LLC and George McCabe
2 International Place, FL 26, Boston, MA 02110

  (c)

Citizenship
Portolan Capital Management, LLC – DE

Mr. McCabe – USA

  (d) Title of Class of Securities
Common
  (e) CUSIP Number
749063103
 
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) ¨ 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) ¨ A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);
  (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

4

 

 

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.
 

Reference is hereby made to Items 5-9 and 11 of pages 1 - 2 of this Schedule, which Items are incorporated by reference herein.

 
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  x.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
Not applicable
 
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

 

5

 

 

Item 10. Certification
   

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 11, 2022
  Date
   
  Portolan Capital Management, LLC
   
  By: /s/ George McCabe
    George McCabe, Manager
     
  /s/ George McCabe
  George McCabe

 

  ATTENTION  
     
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

6

Get the next $QUMU alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$QUMU

DatePrice TargetRatingAnalyst
More analyst ratings

$QUMU
Press Releases

Fastest customizable press release news feed in the world

See more
  • Enghouse Releases Second Quarter Results

    MARKHAM, ON, June 12, 2023 /CNW/ - Enghouse Systems Limited (TSX:ENGH) today announced its second quarter unaudited financial results for the period ended April 30, 2023.  All the financial information is in Canadian dollars unless otherwise indicated. Financial and operational highlights for the three and six months ended April 30, 2023 compared to the three and six months ended April 30, 2022 are as follows: Revenue achieved was $113.5 and $219.9 million, respectively, compared to revenue of $106.3 and $217.4 million;Results from operating activities was $25.6 and $55.5 million, respectively, compared to $31.1 and $66.8 million;Net income was $12.5 and $29.6 million, respectively, compared

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Enghouse Acquires Qumu Corporation

    Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230208005830/en/ Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Enghouse Acquires Qumu Corporation

    Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering MARKHAM, ON and MINNEAPOLIS , Feb. 8, 2023 /PRNewswire/ - Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU).   Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly owned subsidiary of Enghouse. Qumu will now join Enghouse's Interac

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology

$QUMU
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

$QUMU
Insider Trading

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

See more

$QUMU
SEC Filings

See more

$QUMU
Leadership Updates

Live Leadership Updates

See more
  • Qumu Announces Results of 2022 Annual Meeting of Shareholders

    Qumu Corporation (NASDAQ:QUMU), a leading provider of cloud-based enterprise video technology, today announced the results of its 2022 Annual Meeting of Shareholders held Thursday, June 2, 2022 at 2:00 p.m. Mountain Time with respect to all proposals described in Qumu's notice and proxy statement filed with the Securities and Exchange Commission on May 2, 2022. A total of 13,846,935 shares of Qumu common stock were represented at the Annual Meeting, which is approximately 77.5% of the shares outstanding as of the close of business on the record date of April 25, 2022. At the Annual Meeting, each director nominee was elected to serve as a director of the Company. Further, shareholders appr

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Blackbird hires Sumit Rai as Chief Product Officer

    LONDON, May 12, 2022 /PRNewswire/ -- Blackbird plc (AIM: BIRD) (OTCQX:BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, today announces the appointment of Sumit Rai as Chief Product Officer. Sumit will join the Company in June 2022 from VEGAS Creative Software where he holds the same role. Sumit has over 23 years leadership experience in the video and film industry. Starting off as a visual effects and video editor in news production, children's TV and film, Sumit progressed to Chief Technology Officer at Pukka Films developing an innovative, award-winning production facility before founding Kulu Valley. Providing ente

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Qumu Appoints Rose Bentley as the Company's New President and Chief Executive Officer

    Qumu Corporation (NASDAQ:QUMU), a leading provider of cloud-based enterprise video technology, has appointed current Chief Operating Officer Rose Bentley as its new President and Chief Executive Officer, effective April 16, 2022. Bentley succeeds TJ Kennedy, who is leaving the company to pursue an opportunity with a company in the public safety industry. Bentley's election to the Qumu Board of Directors will become effective concurrently with her appointment as CEO. "On behalf of the board of directors, I would like to thank TJ for his contributions in transforming Qumu into a leading cloud-first company. We wish TJ all the best in his future pursuits," said Chair of the Board Neil E. Cox.

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology

$QUMU
Financials

Live finance-specific insights

See more
  • Enghouse Releases Second Quarter Results

    MARKHAM, ON, June 12, 2023 /CNW/ - Enghouse Systems Limited (TSX:ENGH) today announced its second quarter unaudited financial results for the period ended April 30, 2023.  All the financial information is in Canadian dollars unless otherwise indicated. Financial and operational highlights for the three and six months ended April 30, 2023 compared to the three and six months ended April 30, 2022 are as follows: Revenue achieved was $113.5 and $219.9 million, respectively, compared to revenue of $106.3 and $217.4 million;Results from operating activities was $25.6 and $55.5 million, respectively, compared to $31.1 and $66.8 million;Net income was $12.5 and $29.6 million, respectively, compared

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Enghouse Acquires Qumu Corporation

    Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230208005830/en/ Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology
  • Enghouse Acquires Qumu Corporation

    Qumu's Video SaaS Solution For The Enterprise Market Expands Enghouse's Video Offering MARKHAM, ON and MINNEAPOLIS , Feb. 8, 2023 /PRNewswire/ - Enghouse Systems Limited (TSX:ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ:QUMU).   Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse subsidiary merged with Qumu, resulting in Qumu becoming a wholly owned subsidiary of Enghouse. Qumu will now join Enghouse's Interac

    $QUMU
    Retail: Computer Software & Peripheral Equipment
    Technology

$QUMU
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more