Form: SC 13G

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

August 25, 2021

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

Information to be included in statements filed

pursuant to §240.13d–1(b), (c), and (d)

and amendments thereto filed pursuant to §240.13d–2.

 

(Amendment No. )

 

Hillman Solutions Corp.

(Name of Issuer)

 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

431636109

(CUSIP Number)

 

August 15, 2021

(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)

 

x 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.: 431636109   Page 2 of 6

             
1.  

Names of Reporting Persons.

Jefferies Financial Group Inc., on behalf of itself and its controlled subsidiaries

2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨ (b) ¨

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

11,171,576(1)

  6.  

Shared Voting Power

2,004,266(2) 

  7.  

Sole Dispositive Power

11,171,576(1) 

  8.  

Shared Dispositive Power

2,004,266(2) 

9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

13,175,842(1)(2) 

10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11.  

Percent of Class Represented by Amount in Row (9)

6.9%(1)(2)(3) 

12.  

Type of Reporting Person:

CO 

 

(1) Includes 4,000,000 shares of common stock underlying warrants held by Jefferies Financial Group Inc. which are exercisable within 60 days of the date hereof.

(2) Includes 501,066 shares of common stock underlying warrants held by Jefferies LLC, a controlled subsidiary of Jefferies Financial Group Inc., which are exercisable within 60 days of the date hereof.

(3) The percentage reported herein is based on a total of 192,247,187 shares of Hillman Solutions Corp.’s common stock consisting of (i) 187,746,121 shares of Hillman Solutions Corp.’s common stock outstanding as reported in the Quarterly Report on Form 10-Q filed by Hillman Solutions Corp. with the U.S. Securities and Exchange Commission on July 29, 2021 (File No. 001-39609), (ii) 4,000,000 shares of common stock underlying warrants held by Jefferies Financial Group Inc. which are exercisable within 60 days of the date hereof and (iii) 501,066 shares of common stock underlying warrants held by Jefferies LLC, a controlled subsidiary of Jefferies Financial Group Inc., which are exercisable within 60 days of the date hereof.

 

 

 

 

CUSIP No.: 431636109   Page 3 of 6

 

Item 1    
   
(a)   Name of Issuer
   
    Hillman Solutions Corp. (f/k/a Landcadia Holdings III, Inc.)
   
(b)   Address of Issuer’s Principal Executive Offices
   
   

10590 Hamilton Avenue

Cincinnati, Ohio 45231

   
Item 2    
   
(a)   Name of Person Filing
   
    Jefferies Financial Group Inc., on behalf of itself and its controlled subsidiaries
   
(b)   Address of Principal Business Office or, if None, Residence
   
    520 Madison Ave., New York, New York 10022
   
(c)   Citizenship
   
    New York
   
(d)   Title of Class of Securities
   
    Common Stock, par value $0.0001 per share
   
(e)   CUSIP Number
   
    431636109

 

Item 3 If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)   ¨   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
     
(b)   ¨   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
     
(c)   ¨   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
     
(d)   ¨   Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

 

(e)   ¨   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
         
(f)   ¨   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
     
(g)   ¨   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
     
(h)   ¨   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
(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 (15 U.S.C. 80a-3);
     
(j)   ¨   A non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J);
     
(k)   ¨   Group, in accordance with § 240.13d-1(b)(1)(ii)(K)

 

 

 

 

CUSIP No.: 431636109 Page 4 of 6

 

If filing as a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4 Ownership
   

The following sets forth beneficial ownership information:

                 
(a)   Amount beneficially owned:   13,175,842(1)(2)    
       
(b)   Percent of class:   6.9%(1)(2)(3)    
       
(c)   Number of shares as to which the person has:        
         
    (i)   Sole power to vote or to direct the vote:   11,171,576(1)    
         
    (ii)   Shared power to vote or direct the vote:   2,004,266(2)    
         
    (iii)   Sole power to dispose or direct the disposition of:   11,171,576(1)    
         
    (iv)   Shared power to dispose or direct the disposition of:   2,004,266(2)    

 

(1) Includes 4,000,000 shares of common stock underlying warrants held by Jefferies Financial Group Inc. which are exercisable within 60 days of the date hereof.

(2) Includes 501,066 shares of common stock underlying warrants held by Jefferies LLC, a controlled subsidiary of Jefferies Financial Group Inc., which are exercisable within 60 days of the date hereof.

(3) The percentage reported herein is based on a total of 192,247,187 shares of Hillman Solutions Corp.’s common stock consisting of (i) 187,746,121 shares of Hillman Solutions Corp.’s common stock outstanding as reported in the Quarterly Report on Form 10-Q filed by Hillman Solutions Corp. with the U.S. Securities and Exchange Commission on July 29, 2021 (File No. 001-39609), (ii) 4,000,000 shares of common stock underlying warrants held by Jefferies Financial Group Inc. which are exercisable within 60 days of the date hereof and (iii) 501,066 shares of common stock underlying warrants held by Jefferies LLC, a controlled subsidiary of Jefferies Financial Group Inc., which are exercisable within 60 days of the date hereof.

 

 

 

 

CUSIP No.: 431636109   Page 5 of 6

 

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 5 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

 

Not applicable

 

Item 9 Notice of Dissolution of Group

 

Not applicable

 

Item 10 Certification

 

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.

 

 

 

 

CUSIP No.: 431636109   Page 6 of 6

 

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.

 

Dated: August 25, 2021 Jefferies Financial Group Inc.
     
  By: /s/ Shanna B. Green
    Shanna B. Green
    Authorized Signatory