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Magnetar Financial LLC, et al. – ‘SC 13D/A’ on 4/3/24 re: Daseke, Inc.

On:  Wednesday, 4/3/24, at 8:26am ET   ·   Accession #:  1104659-24-42901   ·   File #:  5-89264

Previous ‘SC 13D’:  ‘SC 13D’ on 2/14/24   ·   Next & Latest:  ‘SC 13D/A’ on 4/25/24

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/03/24  Magnetar Financial LLC            SC 13D/A               3:93K  Daseke, Inc.                      Toppan Merrill/FA
          David J. Snyderman
          Magnetar Capital Partners LP
          Supernova Management LLC

Amendment to Statement of Acquisition of Beneficial Ownership by an “Active” Investor   —   Schedule 13D   —   WA’68

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment to Statement of Acquisition of            HTML     77K 
                Beneficial Ownership by an "Active" Investor                     
 2: EX-99.1     Miscellaneous Exhibit                               HTML      9K 
 3: EX-99.2     Miscellaneous Exhibit                               HTML      7K 


‘SC 13D/A’   —   Amendment to Statement of Acquisition of Beneficial Ownership by an “Active” Investor


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

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 1 )*

 

DASEKE, INC.

 

(Name of Issuer)

 

Common Stock Class A, par value $.00001

 

(Title of Class of Securities)

 

23753F107

 

(CUSIP Number of Class of Securities)

 

David J. Snyderman

Magnetar Capital LLC

1603 Orrington Ave.

EvanstonIllinois 60201

(847) 905-4400

 

(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

 

April 1, 2024

 

(Date of Event which Requires Filing of this Statement)

 

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. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7(b) for other parties to whom copies are to be sent.

 

*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 disclosures provided in a prior cover page.

 

The information required on 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. 23753F107 SCHEDULE 13D  Page 2 of 8

 

1.

NAME OF REPORTING PERSON:

 

Magnetar Financial LLC 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

    (b) x
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 2(e)

 

 

¨

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON

WITH

7.

SOLE VOTING POWER

 

0

8.

SHARED VOTING POWER

 

0

9.

SOLE DISPOSITIVE POWER

 

0

10.

SHARED DISPOSITIVE POWER

 

0 

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           ¨

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14.

TYPE OF REPORTING PERSON

 

IA; OO

 

 

 

 

 

CUSIP No. 23753F107 SCHEDULE 13D  Page 3 of 8

 

1.

NAME OF REPORTING PERSON:

 

Magnetar Capital Partners LP 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

    (b) x
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 2(e)

 

 

¨

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON

WITH

7.

SOLE VOTING POWER

 

0

8.

SHARED VOTING POWER

 

0

9.

SOLE DISPOSITIVE POWER

 

0

10.

SHARED DISPOSITIVE POWER

 

0 

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           ¨

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14.

TYPE OF REPORTING PERSON

 

HC; OO

 

 

 

 

CUSIP No. 23753F107 SCHEDULE 13D  Page 4 of 8

 

1.

NAME OF REPORTING PERSON:

 

Supernova Management LLC 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

    (b) x
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 2(e)

 

 

¨

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON

WITH

7.

SOLE VOTING POWER

 

0

8.

SHARED VOTING POWER

 

0

9.

SOLE DISPOSITIVE POWER

 

0

10.

SHARED DISPOSITIVE POWER

 

0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           ¨

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14.

TYPE OF REPORTING PERSON

 

HC; OO

 

 

 

 

CUSIP No. 23753F107 SCHEDULE 13D  Page 5 of 8

 

1.

NAME OF REPORTING PERSON:

 

David J. Snyderman 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ¨

    (b) x
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 2(e)

 

 

¨

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America  

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON

WITH

7.

SOLE VOTING POWER

 

0

8.

SHARED VOTING POWER

 

0

9.

SOLE DISPOSITIVE POWER

 

0

10.

SHARED DISPOSITIVE POWER

 

0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           ¨

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14.

TYPE OF REPORTING PERSON

 

HC; IN

 

 

 

 

SCHEDULE 13D

 

This Amendment No. 1 (“Amendment No. 1”) relates to the Statement of Beneficial Ownership on Schedule 13D filed jointly by Magnetar Financial LLC, a Delaware limited liability company (“Magnetar Financial”), Magnetar Capital Partners LP, a Delaware limited partnership (“Magnetar Capital Partners”), Supernova Management LLC, a Delaware limited liability company (“Supernova Management”), and David J. Snyderman (“Mr. Snyderman”) with the SEC on January 22, 2024 (as amended by this Amendment No. 1, the “Schedule 13D”). This Amendment No. 1 is being filed to report that the Reporting Persons are no longer beneficial owners of more than 5% of the Shares. The filing of this Amendment No. 1 represents the final amendment to this Schedule 13D and constitutes an exit filing for the Reporting Persons.

 

Except as set forth below, all Items of the Schedule 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D.

 

ITEM 4.PURPOSE OF TRANSACTION

 

Item 4 of the Schedule 13D is hereby amended to add the following information for updating:

 

The Reporting Persons acquired the Shares reported herein on behalf of the Funds after the public announcement of the Merger Agreement (as defined below) for purposes of receiving the merger consideration described below upon consummation of the Merger (as described below).

 

Finally, on April 1, 2024, the Issuer consummated a merger (the “Merger”) pursuant to which each issued and outstanding Shares were submitted for the cash offering of $8.30 per share and the shares of Daeske, Inc. were delisted. Magnetar Financial submitted 2,546,713 shares for the merger consideration.

 

ITEM 5.INTEREST IN SECURITIES OF THE ISSUER

 

Item 5(a)-(c) and (e) of the Schedule 13D is hereby amended to add the following information for updating:

 

(a)            As of the closing of the Merger on April 1, 2024, each of the Reporting Persons may have been deemed to have beneficial ownership of 0 Shares.

 

(b)            As of the closing of the Merger on April 1, 2024, each of the Reporting Persons may have been deemed to share the power to vote and direct the disposition of 0 Shares, which represented beneficial ownership of 0% of the Shares.

 

(c)            The response to Item 4 of this Amendment No. 1 is incorporated herein by reference. The Funds had no transactions in the Shares since the filing of the Schedule D on January 22, 2024.

 

(d)            As of April 1, 2024, the Reporting Persons ceased to be beneficial owners of more than five percent of the Shares.

 

 

 

 

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.

 

Date April 3, 2024

 

  magnetar financial llc
   
  By: Magnetar Capital Partners LP, its Sole Member
  By: Supernova Management LLC, its General Partner
   
  By: /s/ Hayley Stein
  Name: Hayley Stein
  Title: Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC
   
  magnetar capital partners LP
   
  By: Supernova Management LLC, its General Partner
   
  By: /s/ Hayley Stein
  Name: Hayley Stein
  Title:  Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC
   
  supernova management llc
   
  By: /s/ Hayley Stein
  Name: Hayley Stein
  Title: Attorney-in-fact for David J. Snyderman, Manager
   
  DAVID J. SNYDERMAN
   
  By: /s/ Hayley Stein
  Name: Hayley Stein
  Title: Attorney-in-fact for David J. Snyderman

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
     
99.1   Joint Filing Agreement, dated as of  April 3, 2024, among the Reporting Persons.
99.2   Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons on April 3, 2024.

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13D/A’ Filing    Date    Other Filings
Filed on:4/3/24
4/1/2410-K/A,  4,  8-K,  POS AM,  S-8 POS
1/22/24PREM14A,  SC 13D
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