ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

PSV Hermitage Offshore Services Ltd

0.43
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hermitage Offshore Services Ltd NYSE:PSV NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.43 0 00:00:00

Amended Statement of Beneficial Ownership (sc 13d/a)

11/09/2020 9:11pm

Edgar (US Regulatory)



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D/A
(Amendment No. 8)
THE SECURITIES EXCHANGE ACT OF 1934

Hermitage Offshore Services Ltd.
(Name of Issuer)

Common Shares, par value $0.01 per share
(Title of Class of Securities)

G4511M 108
(CUSIP Number)

Mr. Emanuele Lauro
LOM Building
27 Reid Street
Hamilton HM 11
Bermuda
 
with a copy to:
 
Edward S. Horton, Esq.
Seward & Kissel LLP
One Battery Park Plaza
New York, New York 10004
(212) 574-1200
 
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)

September 8, 2020
(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 ss.240.13d-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [ ].



CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Scorpio Offshore Investments Inc.
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
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)
 
 
 
 
 
 
 
0.0%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
CO
 
 


CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Scorpio Offshore Holding Inc.
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
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)
 
 
 
 
 
 
 
0.0%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
CO
 
 


CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Scorpio Services Holding Limited
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
 
7.
SOLE VOTING POWER
 
 
 
 
 
 
 
0
 
 
 
 
 
 
8.
SHARED VOTING POWER
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
9.
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
0
 
 
 
 
 
 
10.
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
[_]
 
 
 
 
 
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
 
 
 
 
 
8.8%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
CO
 
 


CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Scorpio Holdings Limited
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
 
7.
SOLE VOTING POWER
 
 
 
 
 
 
 
0
 
 
 
 
 
 
8.
SHARED VOTING POWER
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
9.
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
0
 
 
 
 
 
 
10.
SHARED DISPOSITIVE POWER
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 
 
 
 
 
 
 
 
 
2,754,005
 
 
 
 
 
 
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
[_]
 
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
 
 
 
 
 
8.8%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
CO
 
 


CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Culky Investments Inc.
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
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)
 
 
 
 
 
 
 
0.0%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
CO
 
 


CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Scorpio Services Holding Two Limited
 
 
 
 
 
 
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
 
 
(a) [_]
 
 
 
(b) [X]
 
 
 
 
 
3.
SEC USE ONLY
 
 
 
 
 
 
 
 
 
 
4.
SOURCE OF FUNDS
 
 
 
 
 
 
 
WC
 
 
 
 
 
 
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[_]
 
 
 
 
 
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
 
 
 
 
The Republic of the Marshall Islands
 
 
 
 
 
 
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)
 
 
 
 
 
 
 
0.0%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
CO
 
 

CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
 
Emanuele Lauro
 
 
 
 
 
 
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
 
 
 
 
 
 
 
Italy
 
 
 
 
 
 
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)
 
 
 
 
 
 
 
0.0%
 
 
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
 
 
IN
 
 

CUSIP No.
G4511M 108
 
 

1.
NAME OF REPORTING PERSONS
 
 
Annalisa Lolli-Ghetti
 
 
 
 
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
 
 
 
 
 
Italy
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
 
7.
SOLE VOTING POWER
 
 
 
 
 
0
 
 
 
 
8.
SHARED VOTING POWER
 
 
 
 
 
2,754,005
 
 
 
 
9.
SOLE DISPOSITIVE POWER
 
 
 
 
0
 
 
 
 
10.
SHARED DISPOSITIVE POWER
 
 
 
 
 
2,754,005
 
 
 
 
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 
 
 
2,754,005
 
 
 
 
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
[_]
 
 
 
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
 
 
 
8.8%
 
 
 
 
14.
TYPE OF REPORTING PERSON
 
 
 
 
 
IN
 



CUSIP No.
G4511M 108
 
 

Explanatory Note:
   
This Amendment No. 8 to the Schedule 13D that was originally filed on December 21, 2018 (and as thereafter amended on April 18, 2019, June 21, 2019, October 28, 2019, November 22, 2019, December 20, 2019, March 6, 2020 and September 4, 2020, the “Schedule 13D”) relates to the common stock, par value $0.01 per share (the “Common Shares”), of Hermitage Offshore Services Ltd. (formerly Nordic American Offshore Ltd.), a corporation formed under the laws of Bermuda (the “Issuer”). This Amendment No. 8 to the Schedule 13D is being filed to reflect transactions in the Common Shares by the Reporting Persons since the prior filing.
 
As a result of the transactions reflected in this Amendment No. 8, this Amendment No. 8 constitutes an exit filing for Scorpio Services Holding Two Limited, a corporation formed under the laws of the Republic of the Marshall Islands (“SSHT”), Culky Investments Inc., a corporation formed under the laws of the Republic of the Marshall Islands (“Culky”), Scorpio Offshore Holding Inc., a corporation formed under the laws of the Republic of the Marshall Islands (“SOHI”), Scorpio Offshore Investments Inc., a corporation formed under the laws of the Republic of the Marshall Islands (“SOI”), and Emanuele Lauro (“Mr. Lauro”).
   
Item 1.
Security and Issuer.
 
 
 
There are no material changes to the Schedule 13D.
 
 
 
Item 2.
Identity and Background.
 
 
Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows:
 
 
This Schedule 13D is being filed on behalf of the following:
 
Scorpio Holdings Limited, a corporation formed under the laws of the Republic of the Marshall Islands (“Scorpio Holdings”);
 
Scorpio Services Holding Limited, a corporation formed under the laws of the Republic of the Marshall Islands (“SSH”), and a wholly-owned subsidiary of Scorpio Holdings;
 
SSHT;
 
Culky;
 
SOHI, a joint subsidiary of SSH, SSHT and Culky;
 
SOI, a wholly-owned subsidiary of SSHT;
 
Mr. Lauro, the sole shareholder of Culky; and
 
Annalisa Lolli-Ghetti, the majority shareholder of Scorpio Holdings and SSHT (“Ms. Lolli-Ghetti”, and together with Scorpio Holdings, SSH, SSHT, Culky, SOHI, SOI, and Mr. Lauro, the “Reporting Persons”).
 
Ms. Lolli-Ghetti, Scorpio Holdings and SSH may be deemed the beneficial owners of 8.8% of the Issuer’s outstanding Common Shares and SSHT, Culky, SOHI, SOI and Mr. Lauro may be deemed the beneficial owners of 0.0% of the Issuer’s outstanding Common Shares.
 
The principal business of Scorpio Holdings is acting as a holding company for SSH and certain other companies. The principal business of SSH is the provision of administrative services relating to the ownership and operation of vessels. The principal business of SOI, SOHI and Culky is investing in the offshore industry. The principal business of SSHT is investing in, owning and operating (via subsidiaries) vessels, including offshore vessels.
 
The principal business address and principal office address of each of the Reporting Persons is 9, Boulevard Charles III, MC 98000, Monaco.
 
The identity, present principal occupation/employment, citizenship and business address of the executive officers, directors, and controlling persons of the Reporting Persons, other than Ms. Lolli-Ghetti for whom such information is provided elsewhere herein, (together, the “Principals”) is set forth below.



  
Name
 
Principal Occupation and Employment(1)
 
Citizenship
 
Emanuele Lauro
 
Director and Chief Executive Officer of Scorpio Holdings, SSHT, SSH, the Issuer, Scorpio Tankers Inc., Scorpio Bulkers Inc. and other entities within the Scorpio group of companies, and Director and Secretary of SOHI.
 
Italy
 
Robert Bugbee
 
Director and President of Scorpio Holdings, SSHT, SSH, the Issuer, Scorpio Tankers Inc., Scorpio Bulkers Inc. and other entities within the Scorpio group of companies, and Director of SOHI.
 
Britain
 
Cameron Mackey
 
Director and Chief Operating Officer of Scorpio Holdings, SSHT, SSH, the Issuer, Scorpio Tankers Inc. and other entities within the Scorpio group of companies, and Chief Operating Officer of Scorpio Bulkers Inc.
 
USA
 
Filippo Lauro
 
Director and Vice President of Scorpio Holdings, SSHT, SSH and other entities within the Scorpio group of companies, and Vice President of the Issuer, Scorpio Bulkers Inc. and Scorpio Tankers Inc.
 
Italy
 
Brian Lee
 
Chief Financial Officer of Scorpio Holdings, SSHT, SSH, Scorpio Tankers Inc. and other entities within the Scorpio group of companies.
 
USA
 
Rosada Guglielmi
 
Director and Secretary of Culky, SOI and other entities within the Scorpio group of companies.
 
Italy
 
 
(1)  The business address of the Principals, Scorpio Tankers Inc., Scorpio Bulkers Inc. and other entities within the Scorpio group of companies is 9, Boulevard Charles III, MC 98000, Monaco.
 
 
 
The Reporting Persons, and, to the best of their knowledge, the Principals, have not, during the last five years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).
 
 
 
The Reporting Persons, and, to the best of their knowledge, the Principals, have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws.

Item 3.
Source and Amount of Funds or Other Consideration.
 
 
There are no material changes to the Schedule 13D.
 
 
 
 
Item 4.
Purpose of Transaction.
 
 
There are no material changes to the Schedule 13D.
 
 
 
 


Item 5.
Interest in Securities of the Issuer.
 
 
Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
 
(a, b)
As of June 4, 2020, the Issuer reported 31,330,232 Common Shares outstanding.
 
As of the date of this filing:
 
Ms. Lolli-Ghetti, Scorpio Holdings and SSH may be deemed the beneficial owners of 2,754,005 Common Shares, representing approximately 8.8% of the Issuer’s outstanding Common Shares. Ms. Lolli-Ghetti, Scorpio Holdings and SSH have the shared power to vote and dispose of these Common Shares.
 
SSHT, Culky, SOHI, SOI and Mr. Lauro may be deemed the beneficial owners of 0 Common Shares, representing 0.0% of the Issuer’s outstanding Common Shares.
 
As of the date of this filing, the Principals do not beneficially own any Common Shares.
 
 
(c)
To the best of the Reporting Persons’ knowledge, transactions in the Common Shares effected by the Reporting Persons during the past 60 days and not previously reported are set forth on Exhibit A-2 to this Amendment No. 8 to the Schedule 13D.
 
 
(d)
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any of the Common Shares beneficially owned by the Reporting Persons or the Principals.
 
 
(e)
Each of SSHT, Culky, SOHI, SOI and Mr. Lauro no longer beneficially own any Common Shares.

Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
 
 
There are no material changes to the Schedule 13D.
 
 
 
Item 7.
Material to be Filed as Exhibits.
 
 
Item 7 of the Schedule 13D is hereby amended to include the following:
 
Exhibit A-2 – Information with Respect to Transactions Effected

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:  September 11, 2020
SCORPIO OFFSHORE INVESTMENTS INC.*
 
 
 
By:
 /s/ Rosada Guglielmi
 
Name:
Rosada Guglielmi
 
Title:
Secretary
 
 
 
 
SCORPIO OFFSHORE HOLDING INC.*
 
 
 
By:
/s/ Emanuele Lauro
 
Name:
Emanuele Lauro
 
Title:
Secretary
 
 
 
 
SCORPIO SERVICES HOLDING LIMITED*
 
 
 
By:
/s/ Filippo Lauro
 
Name:
Filippo Lauro 
 
Title:
Executive Chairman/Vice President
 
 
 
 
SCORPIO HOLDINGS LIMITED*
 
 
 
 
By:
/s/ Filippo Lauro
 
Name:
Filippo Lauro 
 
Title:
Executive Chairman/Vice President
 
 
 
 
 
 
 
SCORPIO SERVICES HOLDING TWO LIMITED*
 
 
 
By:
/s/ Filippo Lauro
 
Name:
Filippo Lauro 
 
Title:
Executive Chairman/Vice President
 
 
 
 
CULKY INVESTMENTS INC.*
 
 
 
By:
/s/ Rosada Guglielmi
 
Name:
Rosada Guglielmi
 
Title:
Secretary

 
EMANUELE LAURO*
 
 
 
By:
/s/ Emanuele Lauro
 
Name:
Emanuele Lauro 
 
 
 
 
ANNALISA LOLLI-GHETTI*
 
 
 
By:
/s/Annalisa Lolli-Ghetti
 
Name:
Annalisa Lolli-Ghetti

* The Reporting Person specifically disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.

 
Attention:  Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).


Exhibit A-2

INFORMATION WITH RESPECT TO TRANSACTIONS EFFECTED

Scorpio Services Holding Limited
Date of
Transaction

Type of Transaction
Number of Common Shares
Purchased/(Sold)
Average Price
per Common Share
 
 
 
   
September 8, 2020
Open Market Sale
(4,087,932)
$0.4166
       
September 9, 2020
Open Market Sale
(1,655,635)
$0.3987

Scorpio Offshore Holding Inc.

Date of
Transaction

Type of Transaction
Number of Common Shares
Purchased/(Sold)
Average Price
per Common Share
 
 
 
   
September 9, 2020
Open Market Sale
(1,684,193)
$0.382
       
September 10, 2020
Open Market Sale
(1,094,571)
$0.3371

Scorpio Offshore Investments Inc.

Date of
Transaction

Type of Transaction
Number of Common Shares
Purchased/(Sold)
Average Price
per Common Share
 
 
 
   
September 9, 2020
Open Market Sale
(2,162,502)
$0.382
       
September 10, 2020
Open Market Sale
(1,405,429)
$0.3371
       

1 Year Hermitage Offshore Servi... Chart

1 Year Hermitage Offshore Servi... Chart

1 Month Hermitage Offshore Servi... Chart

1 Month Hermitage Offshore Servi... Chart

Your Recent History

Delayed Upgrade Clock