Sec Form 3/A Filing - Drawbridge Special Opportunities Fund LP @ J. Alexander's Holdings, Inc. - 2021-07-02

FORM 3/A 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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Drawbridge Special Opportunities Fund LP 2. Issuer Name and Ticker or Trading Symbol J. Alexander's Holdings, Inc. [ JAX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Footnotes 1-8 Below (Last) (First) (Middle) 1345 AVENUE OF THE AMERICAS, 46TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 07/02/2021 (Street) NEW YORK, NY10105 4. If Amendment, Date Original Filed (MM/DD/YY) 07/12/2021 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 0 ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) ( 7 ) ( 8 ) I See Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) ( 7 ) ( 8 )

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 Drawbridge Special Opportunities Fund LP 1345 AVENUE OF THE AMERICAS, 46TH FLOOR NEW YORK, NY10105 X See Footnotes 1-8 Below SPB Hospitality LLC 19219 KATY FREEWAY, SUITE 500 HOUSTON, TX77094 X See Footnotes 1-8 Below SPB Titan Holdings, LLC 19219 KATY FREEWAY, SUITE 500 HOUSTON, TX77094 X See Footnotes 1-8 Below Titan Merger Sub, Inc. 19219 KATY FREEWAY, SUITE 500 HOUSTON, TX77094 X See Footnotes 1-8 Below Signatures DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP, By: Drawbridge Special Opportunities GP LLC, its general partner, By: /s/ David N. Brooks, Name: David N. Brooks, Title: Secretary 07/15/2021 Signature of Reporting Person Date SPB HOSPITALITY LLC, By: /s/ Morgan J. McClure, Name: Morgan J. McClure, Title: President 07/15/2021 Signature of Reporting Person Date SPB TITAN HOLDINGS, LLC, By: /s/ Morgan J. McClure, Name: Morgan J. McClure, Title: President 07/15/2021 Signature of Reporting Person Date TITAN MERGER SUB, INC., By: /s/ Morgan J. McClure, Name: Morgan J. McClure, Title: President 07/15/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On July 2, 2021, J. Alexander's Holdings, Inc., a Tennessee corporation (the "Issuer"), entered into an agreement and plan of merger (the "Merger Agreement") with SPB Hospitality LLC, a Delaware limited liability company ("SPB Hospitality"), and Titan Merger Sub, Inc., a Tennessee corporation and an indirect, wholly-owned subsidiary of SPB Hospitality ("Merger Sub"). The Merger Agreement provides that, upon the terms and subject to the satisfaction or waiver of the conditions set forth therein, Merger Sub will merge with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and an indirect, wholly-owned subsidiary of SPB Hospitality. ( 2 )In connection with the execution of the Merger Agreement, certain shareholders of the Issuer (the "Supporting Shareholders") entered into voting agreements with SPB Hospitality and Merger Sub (collectively, the "Voting Agreements") pursuant to which, among other things and subject to the terms and conditions therein, the Supporting Shareholders agreed to vote their respective shares of Common Stock, par value $0.001 per share, of the Issuer ("Common Stock"), in favor of the Merger. Copies of the Voting Agreements were filed as exhibits to the Schedule 13D filed by the Reporting Persons (as defined below) on July 12, 2021 (the "Schedule 13D"). ( 3 )As a result of entering into the Voting Agreements, the Reporting Persons may be deemed to have beneficial ownership of an aggregate of 3,405,716 shares of Common Stock, excluding certain additional shares of Common Stock that may be acquired by certain of the Supporting Shareholders in the event that any such Supporting Shareholder exercises certain stock options or elects to exchange certain securities of a subsidiary of the Issuer, as further described in the Schedule 13D. ( 4 )Drawbridge Special Opportunities Fund LP, a Delaware limited partnership ("DBSO") may be deemed to beneficially own Common Stock by virtue of its indirect ownership of SPB Hospitality and Merger Sub. Drawbridge Special Opportunities Advisors LLC, a Delaware limited liability company ("DBSO Advisors"), is the investment advisor to DBSO. Drawbridge Special Opportunities GP LLC, a Delaware limited liability company ("DBSO GP"), is the general partner of DBSO. FIG LLC, a Delaware limited liability company ("FIG LLC"), is the parent of DBSO Advisors. Fortress Principal Investment Holdings IV LLC ("FPI IV"), a Delaware limited liability company, is the managing member of DBSO GP. Fortress Operating Entity I LP, a Delaware limited partnership ("FOE I"), is the sole owner of FIG LLC and FPI IV. FIG Corp., a Delaware corporation ("FIG Corp."), is the general partner of FOE I. Fortress Investment Group LLC, a Delaware limited liability company ("Fortress"), is the sole owner of FIG Corp. ( 5 )(Continued from Footnote 4) DBFLF CFTWE Holdings L.P., a Delaware limited partnership ("CFTWE Holdings"), is the sole owner of SPB Hospitality. DBFLF CFTWE GP LLC, a Delaware limited liability company ("CFTWE GP"), is the general partner of CFTWE Holdings. SPB Hospitality is the sole owner of SPB Titan Holdings, LLC, a Delaware limited liability company ("Titan Holdings"). Titan Holdings is the sole owner of Merger Sub. DBSO, DBSO Advisors, DBSO GP, FIG LLC, FPI IV, FOE I, FIG Corp., Fortress, CFTWE Holdings, CFTWE GP, SPB Hospitality, Titan Holdings and Merger Sub are referred to herein as the "Reporting Persons." ( 6 )Because the number of Reporting Persons exceeds ten, Fortress, DBSO Advisors, DBSO GP, FIG LLC, FPI IV, FOE I, FIG Corp., CFTWE Holdings and CFTWE GP are filing an additional, substantially identical Form 3 concurrently with the filing of this Form 3. ( 7 )The Reporting Persons are filing this Form 3 solely to the extent it may be required by federal securities laws in connection with the Supporting Shareholders' obligations under the Voting Agreements, and neither the filing of this Form 3 nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that it is the beneficial owner of any shares of Common Stock and any such beneficial ownership is expressly denied. ( 8 )None of the Reporting Persons has any pecuniary interest in any shares of Common Stock.

Remarks: On the basis of SPB Hospitality and Merger Sub's entry into the Voting Agreements, the Reporting Persons may be deemed members of a "group" (as such term is used in Section 13(d) of the Securities Exchange Act of 1934 and the rules promulgated thereunder) that beneficially owns more than 10% of the outstanding shares of Common Stock. Each of the Reporting Persons disclaims membership in any such group.This amendment is being filed to include the SEC filing codes for SPB Hospitality, Titan Holdings and Merger Sub, which were not available at the time of the original filing.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.