If the filing person has previously filed a statement
on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [X].
CUSIP No.
|
206710402
|
13D/A25
|
Page 2 of 6
|
1
|
NAME OF REPORTING PERSON
|
Julian Singer
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
☐
|
|
|
(b)
|
☐
|
3
|
SEC USE ONLY
|
4
|
_______________
SOURCE OF FUNDS*
|
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2I
|
☐
|
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
3,586,269
|
8
|
SHARED VOTING POWER
|
0
|
9
|
SOLE DISPOSITIVE POWER
|
3,586,269
|
10
|
SHARED DISPOSITIVE POWER
|
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
3,586,269
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
☐
|
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
40.3 %
|
14
|
TYPE OF REPORTING PERSON
*
|
IN
|
|
|
|
|
|
|
|
CUSIP No.
|
206710402
|
13D/A25
|
Page 3 of 6
|
1
|
NAME OF REPORTING PERSON
|
JDS1, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a)
|
☐
|
|
|
(b)
|
☐
|
3
|
SEC USE ONLY
|
4
|
_______________
SOURCE OF FUNDS*
|
OO
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2I
|
☐
|
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
|
3,586,269
|
8
|
SHARED VOTING POWER
|
0
|
9
|
SOLE DISPOSITIVE POWER
|
3,586,269
|
10
|
SHARED DISPOSITIVE POWER
|
0
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
3,586,269
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
|
☐
|
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
40.3 %
|
14
|
TYPE OF REPORTING PERSON
*
|
OO
|
|
|
|
|
|
|
|
SCHEDULE 13D/A25
This constitutes Amendment No.
25 (the “
Amendment No. 25
”) to the statement on Schedule 13D filed on behalf of Julian Singer, dated and filed
February 16, 2016 (as amended, the “
Statement
”), relating to the common stock, $0.01 par value per share (the
“
Common Stock
”), of CCUR Holdings, Inc. (formerly known as Concurrent Computer Corporation) (the “
Issuer
”).
Unless specifically amended or modified hereby, the disclosure set forth in the Statement shall remain unchanged.
Item 4.
Purpose of the
Transaction
Item 4 of the Statement
is hereby amended to add the following:
The purpose of
this filing is to report that, since the filing of Amendment No. 24 to the Statement dated February 11, 2019 (“
Amendment
No. 24
”), a material change occurred in that the Reporting Person entered into a material agreement as set forth
below.
On February 14, 2019, as disclosed
in the Company’s Current Report Pursuant to Sections 13 or 15(d) of the Securities Exchange Act of 1934 on Form 8-K filed
on February 15, 2019 (“
Feb. 15 8-K
”), the Company entered into a Management Agreement (“
Management
Agreement
”) with CIDM, LLC (the “
Manager
”). Pursuant to the Management Agreement, as set forth in
the Feb. 15 8-K, the Manager will, subject to the oversight of the Company’s Board of Directors (the “
Board
”)
and the Asset Management Committee of the Board and the parameters set forth in the Company’s investment policy, (i) provide
the Company with advisory services with respect to the management and allocation of the Assets (as defined therein) of the Company
and its subsidiaries, and (ii) exercise discretionary management authority over the Company’s trading portfolio of publicly
traded securities. The Manager is an entity managed and owned by the Reporting Person.
Except as described above in this
Item 4 and herein, Mr. Singer does not currently have any specific plans or proposals that relate to or would result in any of
the actions or events specified in clauses (a) through (j) of Item 4 of Schedule 13D. Mr. Singer reserves the right to change plans
and take any and all actions that Mr. Singer may deem appropriate to maximize the value of his investments, including, among other
things, purchasing or otherwise acquiring additional securities of the Issuer, selling or otherwise disposing of any securities
of the Issuer beneficially owned by him, in each case in the open market or in privately negotiated transactions, or formulating
other plans or proposals regarding the Issuer or its securities to the extent deemed advisable by Mr. Singer in light of his general
investment policies, market conditions, subsequent developments affecting the Issuer and the general business and future prospects
of the Issuer. Mr. Singer may take any other action with respect to the Issuer or any of the Issuer’s debt or equity securities
in any manner permitted by applicable law.
Item 5.
Interest in Securities
of the Issuer
Item 5 of the Statement is hereby
amended and restated as follows:
The aggregate percentage of shares
of Common Stock reported owned is based upon 8,905,037 shares of Common Stock reported as outstanding on February 4, 2019 in the
Issuer’s Form 10-Q filed on February 6, 2019.
A. JDS1, LLC
(a) As
of the date hereof, JDS1 beneficially owns
3,586,269
shares of Common
Stock, which shares are held directly by JDS1.
Percentage: Approximately
40.3 %
(b) 1. Sole power to vote
or direct vote:
3,586,269
[2]
2. Shared power to vote
or direct vote: 0
3. Sole power to dispose
or direct the disposition:
3,586,269
[3]
4. Shared power to dispose
or direct the disposition: 0
(a) As
of the date hereof, Mr. Singer, as the managing member of JDS1, beneficially owns
3,586,269
shares of Common Stock held by JDS1.
Percentage: Approximately
40.3 %
(b) 1. Sole power to vote
or direct vote:
3,586,269
[4]
2. Shared power to vote
or direct vote: 0
3. Sole power to dispose
or direct the disposition:
3,586,269
[5]
4. Shared power to dispose
or direct the disposition: 0
(c) As
of the date hereof, the Reporting Person beneficially owns an aggregate of
3,586,269
shares of Common Stock, constituting approximately 40.3 % of the Shares outstanding.
(d) No
person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from,
or proceeds from the sale of, the shares of Common Stock.
(e) Not
applicable.
2
Mr. Singer has sole voting
power with respect to all shares held by JDS1
.
3
Mr. Singer has sole dispositive power with respect to all shares held by JDS1
.
4
See FN2
5
See FN3
After reasonable inquiry and to the
best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete
and correct.
Dated: February 21, 2019
JDS1, LLC
By:
/s/ Julian Singer
Name: Julian Singer
Title: Managing Member