Sec Form 4 Filing - L6 Holdings Inc. @ TruBridge, Inc. - 2024-03-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
L6 Holdings Inc.
2. Issuer Name and Ticker or Trading Symbol
TruBridge, Inc. [ CPSI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
49 LEUTY AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
03/15/2024
(Street)
TORONTO, A6M4E 2R2
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock, par value $0.001 per share ("Common Stock") 03/15/2024 P 18,342 A $ 9.888 ( 1 ) 1,341,156 I See footnotes ( 4 ) ( 5 ) ( 6 )
Common Stock 03/18/2024 P 60,044 A $ 9.91 ( 2 ) 1,401,200 I See footnotes ( 4 ) ( 5 ) ( 6 )
Common Stock 03/19/2024 P 10,000 A $ 9.966 ( 3 ) 1,411,200 I See footnotes ( 4 ) ( 5 ) ( 6 )
Common Stock 500,000 I See footnotes ( 4 ) ( 5 ) ( 7 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
L6 Holdings Inc.
49 LEUTY AVENUE
TORONTO, A6M4E 2R2
X
Pinetree Capital Ltd.
49 LEUTY AVENUE
TORONTO, A6M4E 2R2
X
Signatures
L6 Holdings Inc., By: /s/ Damien Leonard, Managing Director 03/19/2024
Signature of Reporting Person Date
Pinetree Capital Ltd., By: /s/ Damien Leonard, President 03/19/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.633 to $10.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
( 2 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.790 to $9.990, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
( 3 )The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.820 to $9.990, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
( 4 )This Form 4 is filed jointly by: (i) L6 Holdings Inc., a corporation organized under the laws of Ontario, Canada ("L6") and (ii) Pinetree Capital Ltd., a corporation organized under the laws of Ontario, Canada ("PCL"). Each of the foregoing is referred to as a "Reporting Person" and collectively, as the "Reporting Persons."
( 5 )Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities.
( 6 )Securities held by L6. Damien Leonard ("Mr. Leonard") is a Managing Director of L6.
( 7 )Securities held by Pinetree Income Partnership ("PIP"). Pinetree Capital Investment Corp., a corporation organized under the laws of Ontario, Canada ("PCIC"), holds 99.99% of the outstanding equity interests of PIP. Emerald Capital Corp., a corporation formed under the laws of the Province of Alberta, Canada ("Emerald"), holds .01% of the outstanding equity interests of PIP. PCL is the parent company and holds 100% of the outstanding capital stock of each of PCIC and Emerald. Mr. Leonard is the President and the ultimate control person of PCL.

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