Pinetree Capital Ltd. - Mar 11, 2024 Form 3 Insider Report for COMPUTER PROGRAMS & SYSTEMS INC (CPSI)

Role
10%+ Owner
Signature
L6 Holdings Inc., By: /s/ Damien Leonard, Managing Director
Stock symbol
CPSI
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
3
Date filed
3/12/2024, 09:50 PM
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPSI Common stock, par value $0.001 per share ("Common Stock") 1.09M Mar 11, 2024 See footnotes F1, F2, F3
holding CPSI Common Stock 500K Mar 11, 2024 See footnotes F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is filed jointly by: (i) L6 Holdings Inc., a corporation organized under the laws of Ontario, Canada ("L6") and (ii) Pinetree Capital Ltd., a corporation organized under the laws of Ontario, Canada ("PCL"). Each of the foregoing is referred to as a "Reporting Person" and collectively, as the "Reporting Persons."
F2 Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities.
F3 Securities held by L6. Damien Leonard ("Mr. Leonard") is a Managing Director of L6.
F4 Securities held by Pinetree Income Partnership ("PIP"). Pinetree Capital Investment Corp., a corporation organized under the laws of Ontario, Canada ("PCIC"), holds 99.99% of the outstanding equity interests of PIP. Emerald Capital Corp., a corporation formed under the laws of the Province of Alberta, Canada ("Emerald"), holds .01% of the outstanding equity interests of PIP. PCL is the parent company and holds 100% of the outstanding capital stock of each of PCIC and Emerald. Mr. Leonard is the President and the ultimate control person of PCL.