SC 13G 1 e663987_sc13g-dmc.htm SCHEDULE 13G

美国

证券交易委员会

华盛顿特区20549

______________

13G表格

(规则13d-102)

依照文件所规定应包含的资讯

根据法规13d-1(b) (c)和(d)及其修订已提交

依照13d-2(b)规则执行

（修正案编号）¹

dmc global inc.

(发行者名称)

普通股, 面值$0.05

（证券类别的标题）

23291C103

(CUSIP号码)

2024年10月25日

（需要报告此声明的事件日期）

请选择适当的方框，以指定此日程表所遵循的规则:

☐

规则13d-1(b)

☒

第13d-1(c)条规定

☐

规则13d-1(d)

¹该封面的剩余部分须填写，以便报告人在本表格上首次提交有关指证券的主体类别，以及任何随后修订内容包含可能改变所提供的披露资料在先前的封面页中。

在本封面其余部分所需的资讯，不应视为根据1934年证券交易所法第18条的"申报"，也不应受该法律条款的责任约束，但应受到该法的所有其他规定约束（然而， 请参见 信息注释).

CUSIP编号23291C103


	1	报告人姓名

			VOSS VALUE MASTER 基金，L.P.
	2	若为集团成员，请勾选正确的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或组织地点

			开曼群岛
持有人数			5	共同拥有表决权的股份数量
股份
被实益拥有					324,077
所有权			6	每位申报人持有之受益股份数量
每个股票持有人
报告有关人士持有之股份					0
拥有人			7	唯一的处分权力

					324,077
			8	共同处分权力

					0
	9	每家报告人拥有的受益股份总额

			324,077
	10	如果第9行的合计金额不包括某些股份，请勾选该方框				☐


	11	所代表类别的百分比在第9行中

			1.6%
	12	报告人类别

			PN

CUSIP编号23291C103

报告人姓名

VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND, L.P.

若为集团成员，请勾选正确的方格

(a) ☐

(b) ☐

本局使用

公民身份或组织地点

得克萨斯

持有人数

共同拥有表决权的股份数量

股份

被实益拥有

24,000

所有权

每位申报人持有之受益股份数量

每个股票持有人

报告有关人士持有之股份

拥有人

唯一的处分权力

24,000

共同处分权力

每家报告人拥有的受益股份总额

24,000

如果第9行的合计金额不包括某些股份，请勾选该方框

☐

所代表类别的百分比在第9行中

不到1%

报告人类别

CUSIP编号23291C103


	1	报告人姓名

			VOSS ADVISORS GP, LLC
	2	若为集团成员，请勾选正确的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或组织地点

			得克萨斯
持有人数			5	共同拥有表决权的股份数量
股份
被实益拥有					348,077
所有权			6	每位申报人持有之受益股份数量
每个股票持有人
报告有关人士持有之股份					0
拥有人			7	唯一的处分权力

					348,077
			8	共同处分权力

					0
	9	每家报告人拥有的受益股份总额

			348,077
	10	如果第9行的合计金额不包括某些股份，请勾选该方框				☐


	11	所代表类别的百分比在第9行中

			1.7%
	12	报告人类别

			OO

CUSIP编号23291C103


	1	报告人姓名

			VOSS CAPITAL, L.P.
	2	若为集团成员，请勾选正确的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或组织地点

			得克萨斯
持有人数			5	共同拥有表决权的股份数量
股份
被实益拥有					1,174,077
所有权			6	每位申报人持有之受益股份数量
每个股票持有人
报告有关人士持有之股份					0
拥有人			7	唯一的处分权力

					1,174,077
			8	共同处分权力

					0
	9	每家报告人拥有的受益股份总额

			1,174,077
	10	如果第9行的合计金额不包括某些股份，请勾选该方框				☐


	11	所代表类别的百分比在第9行中

			5.9%
	12	报告人类别

			OO

CUSIP No. 23291C103


	1	NAME OF REPORTING PERSON

			TRAVIS W. COCKE
	2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP				(a) ☐
						(b) ☐

	3	SEC USE ONLY


	4	CITIZENSHIP OR PLACE OF ORGANIZATION

			USA
NUMBER OF			5	SOLE VOTING POWER
SHARES
BENEFICIALLY					1,174,077
OWNED BY			6	SHARED VOTING POWER
EACH
REPORTING					0
PERSON WITH			7	SOLE DISPOSITIVE POWER

					1,174,077
			8	SHARED DISPOSITIVE POWER

					0
	9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

			1,174,077
	10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES				☐


	11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

			5.9%
	12	TYPE OF REPORTING PERSON

			IN

CUSIP No. 23291C103

Item 1(a).

Name of Issuer:

DMC Global Inc., a Delaware corporation (the “Issuer”).

Item 1(b).

Address of Issuer’s Principal Executive Offices:

11800 Ridge Parkway, Suite 300, Broomfield, Colorado 80021.

Item 2(a).

Name of Person Filing

Item 2(b).

Address of Principal Business Office or, if None, Residence

Item 2(c).

Citizenship

Voss Value Master Fund, L.P. (“Voss Value Master Fund”)
3773 Richmond, Suite 500
Houston, Texas 77046
Citizenship: Cayman Islands

Voss Value-Oriented Special Situations Fund, L.P. (“Voss Value-Oriented Special Situations Fund”)
3773 Richmond, Suite 500
Houston, Texas 77046
Citizenship: Texas

Voss Advisors GP, LLC (“Voss GP”)
3773 Richmond, Suite 500
Houston, Texas 77046
Citizenship: Texas

Voss Capital, L.P. (“Voss Capital”),
3773 Richmond, Suite 500
Houston, Texas 77046
Citizenship: Texas

Travis W. Cocke
3773 Richmond, Suite 500
Houston, Texas 77046
Citizenship: USA

Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

Item 2(d).

Title of Class of Securities:

Common Stock, $0.05 Par Value (the “Shares”).

Item 2(e).

CUSIP Number:

23291C103

CUSIP No. 23291C103

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:

	☒	Not applicable.

(a)	☐	Broker or dealer registered under Section 15 of the Exchange Act.

(b)	☐	Bank as defined in Section 3(a)(6) of the Exchange Act.

(c)	☐	Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)	☐	Investment company registered under Section 8 of the Investment Company Act.

(e)	☐	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

(f)	☐	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).

(g)	☐	A 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.

(j)	☐	A non-U.S. institution, in accordance with Rule 13d-1(b)(1)(ii)(J).

(k)	☐	Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Item 4.

Ownership

(a)

Amount beneficially owned:

As of the close of business on November 1, 2024:

(i)

Voss Value Master Fund beneficially owned 324,077 Shares.

(ii)

Voss Value-Oriented Special Situations Fund beneficially owned 24,000 Shares.

(iii)

Voss GP, as the general partner of Voss Value Master Fund and Voss Value-Oriented Special Situations Fund, may be deemed the beneficial owner of the (i) 324,077 Shares beneficially owned by Voss Value Master Fund and (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund.

(iv)

Voss Capital, as the investment manager of Voss Value Master Fund, Voss Value-Oriented Special Situations Fund and certain accounts managed by Voss Capital (the “Voss Managed Accounts”), may be deemed the beneficial owner of the (i) 324,077 Shares beneficially owned by Voss Value Master Fund, (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund and (iii) 826,000 Shares held in the Voss Managed Accounts.

CUSIP No. 23291C103

(v)

Mr. Cocke, as the managing member of each of Voss Capital and Voss GP, may be deemed the beneficial owner of the (i) 324,077 Shares owned by Voss Value Master Fund, (ii) 24,000 Shares beneficially owned by Voss Value-Oriented Special Situations Fund and (iii) 826,000 Shares held in the Voss Managed Accounts.

(b)

Percent of class:

The aggregate percentage of the Shares reported owned by each person named herein is based upon 20,038,774 Shares outstanding as of July 30, 2024, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 1, 2024.

As of the close of business on November 1, 2024:

(i)

Voss Value Master Fund may be deemed to beneficially own approximately 1.6% of the outstanding Shares;

(ii)

Voss Value-Oriented Special Situations Fund may be deemed to beneficially own less than 1% of the outstanding Shares;

(iii)

Voss GP may be deemed to beneficially own approximately 1.7% of the outstanding Shares;

(iv)

Voss Capital may be deemed to beneficially own approximately 5.9% of the outstanding Shares (approximately 4.1% of the outstanding Shares are held in the Voss Managed Accounts); and

(v)

Mr. Cocke may be deemed to beneficially own approximately 5.9% of the outstanding Shares.

(c)

Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote

See Cover Pages Items 5-9.

(ii)

Shared power to vote or to direct the vote

See Cover Pages Items 5-9.

(iii)

Sole power to dispose or to direct the disposition of

See Cover Pages Items 5-9.

(iv)

Shared power to dispose or to direct the disposition of

See Cover Pages Items 5-9.

CUSIP No. 23291C103

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary That Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

See Exhibit 99.1.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certifications.

By signing below each of the undersigned certifies that, to the best of its 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.

CUSIP No. 23291C103

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: November 1, 2024

VOSS VALUE MASTER FUND, L.P.

By:	Voss Advisors GP, LLC General Partner

By:	/s/ Travis W. Cocke
	Name:	Travis W. Cocke
	Title:	Managing Member

VOSS VALUE-ORIENTED SPECIAL SITUATIONS FUND, L.P.

By:	Voss Advisors GP, LLC General Partner

By:	/s/ Travis W. Cocke
	Name:	Travis W. Cocke
	Title:	Managing Member

VOSS ADVISORS GP, LLC

By:	/s/ Travis W. Cocke
	Name:	Travis W. Cocke
	Title:	Managing Member

VOSS CAPITAL, L.P.

By:	/s/ Travis W. Cocke
	Name:	Travis W. Cocke
	Title:	Managing Member

	/s/ Travis W. Cocke
	Travis W. Cocke