Sec Form 4 Filing - SCW Capital Management, LP @ AKUMIN INC. - 2022-07-21

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
SCW Capital Management, LP
2. Issuer Name and Ticker or Trading Symbol
AKUMIN INC. [ AKU]
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)
3131 TURTLE CREEK BLVD., #302
3. Date of Earliest Transaction (MM/DD/YY)
07/21/2022
(Street)
DALLAS, TX75219
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 Shares 07/21/2022 S 3,065,257( 1 ) D $ 0.52 0 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 6 )
Common Shares 07/21/2022 P 1,931,112( 1 ) A $ 0.52 6,231,315 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 7 )
Common Shares 07/21/2022 P 1,134,145( 1 ) A $ 0.52 3,167,742 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 8 )
Common Shares 2,000,547 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 9 )
Common Shares 60,000 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 10 )
Common Shares 110,000 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 11 )
Common Shares 33,309 I See Footnotes( 2 )( 3 )( 4 )( 5 )( 12 )
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
SCW Capital Management, LP
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
SCW Capital, LP
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
SCW Capital QP, LP
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
SCW Single-Asset Partnership, LP
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
SCW Single-Asset Partnership QP, LP
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
Trinity Investment Group, LLC
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
Cathey Robert N.
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
SMITH G STACY
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
Wagner John R.
3131 TURTLE CREEK BLVD., #302
DALLAS, TX75219
X
Signatures
SCW CAPITAL MANAGEMENT, LP, By: Trinity Investment Group, LLC, Its: General Partner, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
SCW CAPITAL, LP, By: Trinity Investment Group, LLC, Its: General Partner, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
SCW CAPITAL QP, LP, By: Trinity Investment Group, LLC, Its: General Partner, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
SCW SINGLE-ASSET PARTNERSHIP, LP, By: Trinity Investment Group, LLC, Its: General Partner, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
SCW SINGLE-ASSET PARTNERSHIP QP, LP, By: Trinity Investment Group, LLC, Its: General Partner, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
TRINITY INVESTMENT GROUP, LLC, By: /s/ John R. Wagner, Name: John R. Wagner, Title: Co-Managing Member 07/22/2022
Signature of Reporting Person Date
ROBERT N. CATHEY, /s/ Robert N. Cathey 07/22/2022
Signature of Reporting Person Date
G. STACY SMITH, /s/ G. Stacy Smith 07/22/2022
Signature of Reporting Person Date
JOHN R. WAGNER, /s/ John R. Wagner 07/22/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a cross-trade between SCW Capital, LP ("SCW Capital"), SCW Capital QP, LP ("SCW Capital QP") and SCW Single-Asset Partnership QP, LP ("SCW Single-Asset Partnership QP"), in which SCW Single-Asset Partnership QP disposed of and each of SCW Capital and SCW Capital QP acquired common shares of Akumin Inc. (the "Issuer"). The reported transactions occurred simultaneously at no profit to the reporting persons and resulted in no change in the aggregate beneficial ownership of the reporting persons that may be exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), pursuant to Rule 16a-13 thereunder. As a result of the foregoing transaction, SCW Single-Asset Partnership QP will no longer be a reporting person.
( 2 )This statement is jointly filed by and on behalf of each of SCW Capital, SCW Capital QP, SCW Single-Asset Partnership QP, SCW Single-Asset Partnership, LP ("SCW Single-Asset Partnership"), Trinity Investment Group, LLC ("Trinity"), SCW Capital Management, LP ("SCW Capital Management"), Robert N. Cathey, John R. Wagner, and G. Stacy Smith. SCW Capital, SCW Capital QP, SCW Single-Asset Partnership, SCW Single-Asset Partnership QP, Mr. Cathey, Mr. Wagner, and Mr. Smith are the direct beneficial owners of the securities covered by this statement.
( 3 )SCW Capital Management is the investment manager of, and may be deemed to beneficially own securities owned by, each of SCW Capital, SCW Capital QP, SCW Single-Asset Partnership, and SCW Single-Asset Partnership QP. Trinity is the general partner of, and may be deemed to beneficially own securities owned by, each of SCW Capital, SCW Capital QP, SCW Single-Asset Partnership, SCW Single-Asset Partnership QP, and SCW Capital Management. Mr. Cathey, Mr. Wagner, and Mr. Smith are the co-managers of, and may each be deemed to beneficially own securities owned by, Trinity.
( 4 )Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
( 5 )Each reporting person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
( 6 )SCW Single-Asset Partnership QP, LP is the record and direct beneficial owner of these securities of the Issuer.
( 7 )SCW Capital, LP is the record and direct beneficial owner of these securities of the Issuer.
( 8 )SCW Capital QP, LP is the record and direct beneficial owner of these securities of the Issuer.
( 9 )SCW Single-Asset Partnership, LP is the record and direct beneficial owner of these securities of the Issuer.
( 10 )Robert N. Cathey is the record and direct beneficial owner of these securities of the Issuer.
( 11 )John R. Wagner is the record and direct beneficial owner of these securities of the Issuer.
( 12 )G. Stacy Smith is the record and direct beneficial owner of these securities of the Issuer.

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