Sec Form 13G Filing - Aleph Tiger Investors LP filing for GTT COMMUNICATIONS INC (GTTNQ) - 2020-02-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

GTT Communications, Inc.

(Name of Issuer)

 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

362393100

(CUSIP Number)

 

December 31, 2019

(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)

 

☒ 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. 362393100

13G

 

1	NAME OF REPORTING PERSON   Aleph Tiger Investors LP*
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   Guernsey*

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER   -0- (see Item 4)
	6	SHARED VOTING POWER   -0- (see Item 4)
	7	SOLE DISPOSITIVE POWER   -0- (see Item 4)
	8	SHARED DISPOSITIVE POWER   -0- (see Item 4)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   -0- (see Item 4)
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0% (see Item 4)
12	TYPE OF REPORTING PERSON*   PN

*

Entity has been liquidated.

 

 

 

 

CUSIP NO. 362393100

13G

 

1	NAME OF REPORTING PERSON   Aleph Capital Partners GP Limited
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   Guernsey

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER   -0- (see Item 4)
	6	SHARED VOTING POWER   -0- (see Item 4)
	7	SOLE DISPOSITIVE POWER   -0- (see Item 4)
	8	SHARED DISPOSITIVE POWER   -0- (see Item 4)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   -0- (see Item 4)
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0% (see Item 4)
12	TYPE OF REPORTING PERSON*   CO

 

 

 

 

CUSIP NO. 362393100

13G

 

1	NAME OF REPORTING PERSON   Hugues Bernard Charles Lepic
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION   France

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER   486,111 (see Item 4)
	6	SHARED VOTING POWER   -0- (see Item 4)*
	7	SOLE DISPOSITIVE POWER   486,111 (see Item 4)
	8	SHARED DISPOSITIVE POWER   -0- (see Item 4)*

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   486,111 (see Item 4)*
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0.9% (see Item 4)*
12	TYPE OF REPORTING PERSON*   IN

*

Includes all of the shares beneficially owned by an affiliate.

 

 

 

 

CUSIP NO. 362393100

13G

 

1	NAME OF REPORTING PERSON   Crestview III Tiger, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (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   397,260 (see Item 4)
	6	SHARED VOTING POWER   -0- (see Item 4)
	7	SOLE DISPOSITIVE POWER   397,260 (see Item 4)
	8	SHARED DISPOSITIVE POWER   -0- (see Item 4)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   397,260 (see Item 4)
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9   0.7% (see Item 4)
12	TYPE OF REPORTING PERSON*   PN

 

 

 

 

CUSIP NO. 362393100

13G

 

Item 1 (a).

Name of Issuer:

 

GTT Communications, Inc. (the “Issuer”)

 

Item 1 (b).

Address of Issuer’s Principal Executive Offices:

 

7900 Tysons One Place Suite 1450

Mclean, VA 22102

 

Item 2 (a).

Name of Person Filing:

 

Aleph Capital Partners GP Limited (“Aleph Capital”) on behalf of itself and Aleph Tiger Investors LP (“Aleph Tiger”) which has been liquidated, Hugues Bernard Charles Lepic (“Lepic”) and Crestview III Tiger, L.P. (“Crestview”) are each a “Reporting Person” and referred to herein collectively as the “Reporting Persons”.

 

An agreement among the Reporting Persons that this Schedule 13G is filed on behalf of each of them is attached hereto as Exhibit 1.

 

Item 2 (b).

Address of Principal Business Office or, if none, Residence:

 

For Aleph Capital:

c/o Aztec Financial Services (Guernsey) Limited

East Wing Trafalgar Court Les Banques St Peter Port Guernsey

GY1 3PP, United Kingdom

 

For Lepic:

c/o Aleph Capital Partners LLP

14 St George Street London

W1S 1FE, United Kingdom

 

For Crestview:

590 Madison Avenue, 42nd Floor

New York, NY 10022

 

Item 2 (c).

Citizenship:

 

Aleph Tiger is a liquidated Guernsey limited partnership. Aleph Capital is a Guernsey corporation. Lepic is a citizen of France. Crestview is a Delaware limited partnership.

 

Item 2 (d).

Title of Class of Securities:

 

Common Stock, par value $0.0001 per share (the “Common Stock”)

 

Item 2 (e).

CUSIP Number:

 

362393100

 

 

 

 

 

CUSIP NO. 362393100

13G

 

Item 3.

Not Applicable

 

Item 4

Ownership

 

(a)-(c) The responses of the Reporting Persons to Rows 5, 6, 7, 8, 9 and 11 in each of their respective cover pages which relate to the beneficial ownership of the Common Stock, as of the date hereof, are incorporated by reference.

 

As of the date hereof, Aleph Capital beneficially owned in the aggregate 0 shares of Common Stock, Lepic beneficially owned in the aggregate 486,111 shares of Common Stock, which were directly owned by an affiliate, representing approximately 0.9% of the shares of Common Stock outstanding, and Crestview beneficially owned in the aggregate 397,260 shares of Common Stock, representing approximately 0.7% of the shares of Common Stock outstanding (in each case, based on 56,650,772 outstanding shares of Common Stock as of November 8, 2019, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2019).

 

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 ⮽.

 

The Reporting Persons have each ceased to be the beneficial owner of more than five percent of the Common Stock. See Item 9.

 

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

 

Not Applicable.

 

Item 8.

Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group

 

See Exhibit 2 attached hereto.

 

 

 

 

CUSIP NO. 362393100

13G

 

Item 10.

Certification

 

(c) 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, other than activities solely in connection with a nomination under § 240.14a-11.

 

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth i n this statement is true, complete and correct.

 

Dated: February 12, 2020	ALEPH CAPITAL PARTNERS GP LIMITED
	By:	/s/ Ben Freeman
		Name: Ben Freeman
		Title: Director
	/s/ Hugues Bernard Charles Lepic
	Hugues Bernard Charles Lepic

 

 

	CRESTVIEW III TIGER, L.P.
	Acting by its general partner:
	Crestview III Tiger GP, LLC
	By:	/s/ Ross Oliver
		Name: Ross Oliver
		Title: General Counsel