SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
S&W SEED COMPANY
(Name of Issuer)
Common Stock, $0.001 Par Value
(Title and Class of Securities)
785135104
(CUSIP Number)
December 31, 2016
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this schedule is filed:
x Rule 13d-1(b)
¨ Rule 13d-1(c)
¨ Rule 13d-1(d)
| CUSIP No. 785135104 | Page 2 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. 13-3688497
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 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
674,743 Shares |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
674,743 Shares | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
674,743 Shares | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.8% | |
| 12 |
TYPE OF REPORTING PERSON
PN | |
| 2 |
| CUSIP No. 785135104 | Page 3 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I 13-3953291
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 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
1,088,826 Shares |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
1,088,826 Shares | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,088,826 Shares | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.1% | |
| 12 |
TYPE OF REPORTING PERSON
PN | |
| 3 |
| CUSIP No. 785135104 | Page 4 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. (No IRS Identification No.)
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 3 | SEC USE ONLY | |
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER
261,422 Shares |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
261,422 Shares | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
261,422 Shares | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% | |
| 12 |
TYPE OF REPORTING PERSON
CO | |
| 4 |
| CUSIP No. 785135104 | Page 5 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD CAPITAL INC. PROFIT SHARING PLAN (No IRS Identification No.)
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 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
99,235 Shares |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
99,235 Shares | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
99,235 Shares | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6% | |
| 12 |
TYPE OF REPORTING PERSON
EP | |
| 5 |
| CUSIP No. 785135104 | Page 6 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD CAPITAL MANAGEMENT, LLC 13-4018186
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 3 | SEC USE ONLY | |
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
New York | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER
1,763,569 Shares (1) |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
1,763,569 Shares (1) | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,763,569 Shares (1) | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9% (1) | |
| 12 |
TYPE OF REPORTING PERSON
OO | |
(1) Wynnefield Capital Management, LLC holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P. and Wynnefield Partners Small Cap Value, L.P. I.
| 6 |
| CUSIP No. 785135104 | Page 7 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
WYNNEFIELD CAPITAL, INC. 13-3688495
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 3 | SEC USE ONLY | |
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 |
SOLE VOTING POWER
261,422 Shares (1) |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
261,422 Shares (1) | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
261,422 Shares (1) | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.5% (1) | |
| 12 |
TYPE OF REPORTING PERSON
CO | |
(1) Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd.
| 7 |
| CUSIP No. 785135104 | Page 8 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
NELSON OBUS
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 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
2,124,226 Shares (1) |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
2,124,226 Shares (1) | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,124,226 Shares (1) | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9% (1) | |
| 12 |
TYPE OF REPORTING PERSON
IN | |
(1) Mr. Obus may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd.), and a co-trustee of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Obus, and the inclusion of information herein and therein with respect to Mr. Obus, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Obus disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.
| 8 |
| CUSIP No. 785135104 | Page 9 of 13 Pages |
| 1 |
NAMES OF REPORTING PERSONS
JOSHUA LANDES
| |
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x Reporting Person is affiliated with other persons |
|
| 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
2,124,226 Shares (1) |
| 6 |
SHARED VOTING POWER
0 | |
| 7 |
SOLE DISPOSITIVE POWER
2,124,226 Shares (1) | |
| 8 |
SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,124,226 Shares (1) | |
| 10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ |
|
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9% (1) | |
| 12 |
TYPE OF REPORTING PERSON
IN | |
(1) Mr. Landes may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, Wynnefield Small Cap Value Offshore Fund, Ltd. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a co-managing member of Wynnefield Capital Management, LLC, a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund, Ltd.), and a co-trustee of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Landes, and the inclusion of information herein and therein with respect to Mr. Landes, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Landes disclaims any beneficial ownership of the shares of Common Stock covered by this Statement.
| 9 |
| CUSIP No. 785135104 | Page 10 of 13 Pages |
| Item 1(a). |
Name of Issuer:
S&W Seed Company. |
| Item 1(b). |
Address of Issuer's Principal Executive Offices:
7108 North Fresno Street, Suite 380, Fresno, CA 93720 |
| Item 2(a). | Name of Person Filing: |
Wynnefield Partners Small Cap Value, L.P. (“Partners”)
Wynnefield Partners Small Cap Value, L.P. I (“Partners I”)
Wynnefield Small Cap Value Offshore Fund, Ltd. (“Fund”)
Wynnefield Capital, Inc., Profit Sharing Plan
Wynnefield Capital Management, LLC (“WCM”)
Wynnefield Capital, Inc. (“WCI”)
Nelson Obus
Joshua Landes
| Item 2(b). |
Address of Principal Business Office or, if None, Residence:
450 Seventh Avenue, Suite 509, New York, New York 10123 |
| Item 2(c). | Citizenship: |
Partners and Partners I are Delaware limited partnerships.
Fund is Cayman Islands company.
WCM is a New York limited liability company.
WCI is a Delaware corporation.
The Plan is organized in Delaware.
Mr. Obus and Mr. Landes are United States citizens.
| 10 |
| CUSIP No. 785135104 | Page 11 of 13 Pages |
| Item 2(d). |
Title of Class of Securities:
Common Stock, $0.001 Par Value Per Share. |
| Item 2(e). |
CUSIP Number:
785135104 |
| Item 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
| (a) | ¨ | Broker or Dealer registered under Section 15 of the Act. | |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act. | |
| (c) | ¨ | Insurance Company as defined in Section 3(a)(19) of the Act. | |
| (d) | ¨ | Investment Company registered under Section 8 of the Investment Company Act. | |
| (e) | þ | Investment Adviser registered in accordance with Rule 13d-1(b)(1)(ii)(E). | |
| (f) | ¨ | Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F). | |
| (g) | ¨ | Parent Holding Company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). | |
| (h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. | |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c) (14) of the Investment Company Act of 1940. | |
| (j) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(J). | |
| If this Statement is filed pursuant to Rule 13d-1(c), check this box ¨. |
| 11 |
| CUSIP No. 785135104 | Page 12 of 13 Pages |
| Item 4. | Ownership. |
| (a) | Amount beneficially owned by all Reporting Persons: 2,124,226 Common Shares |
| (b) | Percent of Class: 11.9% of outstanding Common Shares |
| (c) | Number of Shares as to which the Reporting Persons have: |
| (i) | Sole power to vote or to direct the vote: 2,124,226 Common Shares |
| (ii) | Shared power to vote or to direct the vote: 0 |
| (iii) | Sole power to dispose or to direct the disposition of: 2,124,226 Common Shares |
| (iv) | Shared Power to dispose or to direct the disposition of: 0 |
| 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. ¨. | ||
| 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.
See Item 2(a)-(c). | |
| Item 9. |
Notice of Dissolution of Group.
Not Applicable. | |
| Item 10. |
Certifications.
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. | |
| 12 |
| CUSIP No. 785135104 | Page 13 of 13 Pages |
SIGNATURE
| Date: February 14, 2017 | WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. | ||
| By: | Wynnefield Capital Management, LLC, General Partner | ||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, Managing Member | |||
| WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. I | |||
| By: | Wynnefield Capital Management, LLC, General Partner | ||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, Managing Member | |||
| WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. | |||
| By: | Wynnefield Capital, Inc. | ||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, President | |||
| WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN | |||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, Authorized Signatory | |||
| WYNNEFIELD CAPITAL MANAGEMENT, LLC | |||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, Co-Managing Member | |||
| WYNNEFIELD CAPITAL, INC. | |||
| By: | /s/ Nelson Obus | ||
| Nelson Obus, President | |||
| /s/ Nelson Obus | |||
| Nelson Obus, Individually | |||
| /s/ Joshua Landes | |||
| Joshua Landes, Individually | |||
| 13 |