Please wait





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




SCHEDULE 13D/A 0001104659-24-116684 0001352851 XXXXXXXX LIVE 1 Common Stock Par Value $.01 01/23/2025 false 0000931584 913837100 United Stainless & Alloy Products, Inc. 600 Mayer Street Bridgeville PA 15017 David J. Snyderman 847-905-4400 1603 Orrington Avenue 13th Floor Evanston IL 60201 0001352851 N Magnetar Financial LLC b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 IA OO 0001353085 N Magnetar Capital Partners LP b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 HC OO 0001368026 N Supernova Management LLC b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 HC OO Y David J. Snyderman b OO N X1 0.00 0.00 0.00 0.00 0.00 N 0 IN OO Common Stock Par Value $.01 United Stainless & Alloy Products, Inc. 600 Mayer Street Bridgeville PA 15017 Since the filing of Schedule D on November 12, 2024, on January 23, 2025, the Issuer consummated a merger (the "Merger") pursuant to which each issued and outstanding Share was cancelled and converted into the right to receive $45.00 in cash, without interest. In connection with the Merger, the Reporting Persons' 618,018 Shares, which consisted of 156,251 Shares sold for the benefit of Systematic Master Fund, 394,430 Shares sold for the benefit of PRA Master Fund, 35,639 Shares sold for the benefit of the Relative Value Master Fund and 31,698 Shares sold for the benefit of Managed Account, were cancelled and converted into the right to receive $45.00 in cash, without interest. As of the closing of the Merger on January 23, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 0 Shares. As of the closing of the Merger on January 23, 2025, each of the Reporting Persons may have been deemed to share the power to vote and direct the disposition of 0 Shares, which represented beneficial ownership of 0% of the Shares. Except as set forth on Schedule A attached hereto and Item 6, the Funds had no transactions in the Shares during the 60 days preceding the date of filing of this Statement. All of the transactions set forth on Schedule A attached hereto were effected in the ordinary course of business of Magnetar Financial for the accounts of each of the Funds. The transactions in the Shares set forth on Schedule A were effected in open market transactions on the NASDAQ and various other trading markets. Pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the Reporting Persons have entered into an agreement with respect to the joint filing of this Statement, and any amendment or amendments hereto. Except as otherwise described herein, no contracts, arrangements, understandings or similar relationships exist with respect to the securities of the Company among or between the Reporting Persons or any other person or entity. 99.1 Joint Filing Agreement, dated as of January 27, 2025, among the Reporting Persons 99.2 Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons on January 25, 2025. 99.3. Schedule A Magnetar Financial LLC /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC, Magnetar Capital Partners LP, its Sole Member 01/27/2025 Magnetar Capital Partners LP /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC, Supernova Management LLC, its General Partner 01/27/2025 Supernova Management LLC /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager 01/27/2025 David J. Snyderman /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman 01/27/2025