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

美國

證券交易委員會

華盛頓特區20549

______________

13G表格

(規則13d-102)

依照文件所規定應包含的資訊

根據法規13d-1(b) (c)和(d)及其修訂已提交

依照13d-2(b)規則執行

（修正案編號）¹

dmc global inc.

(發行者名稱)

普通股, 面值$0.05

（證券類別的標題）

23291C103

(CUSIP號碼)

2024年10月25日

（需要報告此聲明的事件日期）

請選擇適當的方框，以指定此日程表所遵循的規則:

☐

規則13d-1(b)

☒

第13d-1(c)條規定

☐

規則13d-1(d)

¹該封面的剩餘部分須填寫，以便報告人在本表格上首次提交有關指證券的主體類別，以及任何隨後修訂內容包含可能改變所提供的披露資料在先前的封面頁中。

在本封面其餘部分所需的資訊，不應視為根據1934年證券交易所法第18條的"申報"，也不應受該法律條款的責任約束，但應受到該法的所有其他規定約束（然而， 請參見 信息註釋).

CUSIP編號23291C103


	1	報告人姓名

			VOSS VALUE MASTER 基金，L.P.
	2	若為集團成員，請勾選正確的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或組織地點

			開曼群島
持有人數			5	共同擁有表決權的股份數量
股份
被實益擁有					324,077
所有權			6	每位申報人持有之受益股份數量
每個股票持有人
報告有關人士持有之股份					0
擁有人			7	唯一的處分權力

					324,077
			8	共同處分權力

					0
	9	每家報告人擁有的受益股份總額

			324,077
	10	如果第9行的合計金額不包括某些股份，請勾選該方框				☐


	11	所代表類別的百分比在第9行中

			1.6%
	12	報告人類別

			PN

CUSIP編號23291C103

報告人姓名

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

若為集團成員，請勾選正確的方格

(a) ☐

(b) ☐

本局使用

公民身份或組織地點

得克薩斯

持有人數

共同擁有表決權的股份數量

股份

被實益擁有

24,000

所有權

每位申報人持有之受益股份數量

每個股票持有人

報告有關人士持有之股份

擁有人

唯一的處分權力

24,000

共同處分權力

每家報告人擁有的受益股份總額

24,000

如果第9行的合計金額不包括某些股份，請勾選該方框

☐

所代表類別的百分比在第9行中

不到1%

報告人類別

CUSIP編號23291C103


	1	報告人姓名

			VOSS ADVISORS GP, LLC
	2	若為集團成員，請勾選正確的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或組織地點

			得克薩斯
持有人數			5	共同擁有表決權的股份數量
股份
被實益擁有					348,077
所有權			6	每位申報人持有之受益股份數量
每個股票持有人
報告有關人士持有之股份					0
擁有人			7	唯一的處分權力

					348,077
			8	共同處分權力

					0
	9	每家報告人擁有的受益股份總額

			348,077
	10	如果第9行的合計金額不包括某些股份，請勾選該方框				☐


	11	所代表類別的百分比在第9行中

			1.7%
	12	報告人類別

			OO

CUSIP編號23291C103


	1	報告人姓名

			VOSS CAPITAL, L.P.
	2	若為集團成員，請勾選正確的方格				(a) ☐
						(b) ☐

	3	本局使用


	4	公民身份或組織地點

			得克薩斯
持有人數			5	共同擁有表決權的股份數量
股份
被實益擁有					1,174,077
所有權			6	每位申報人持有之受益股份數量
每個股票持有人
報告有關人士持有之股份					0
擁有人			7	唯一的處分權力

					1,174,077
			8	共同處分權力

					0
	9	每家報告人擁有的受益股份總額

			1,174,077
	10	如果第9行的合計金額不包括某些股份，請勾選該方框				☐


	11	所代表類別的百分比在第9行中

			5.9%
	12	報告人類別

			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