UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE13G*
Under the Securities Exchange Act of 1934
Nicholas Financial, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
65373J209
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(CUSIP Number)
December 31, 2015
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/x/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject
to all other provisions of the Act (however, see the Notes).
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
SEC 1745 (3-98)
CUSIP No. 65373J209
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Opportunity Capital, LLC
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
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3. SEC Use Only
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6. Citizenship or Place of Organization
Delaware
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Number of Shares 5. Sole Voting Power 460,968
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 54,553
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 460,968
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8. Shared Dispositive Power 54,553
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
515,521
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
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11. Percent of Class Represented by Amount in Row (9)
6.7%
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12. Type of Reporting Person (See Instructions)
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IA
CUSIP No. 65373J209
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Opportunity Partners, LP
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) /x/
(b) / /
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3. SEC Use Only
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6. Citizenship or Place of Organization
Delaware
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Number of Shares 5. Sole Voting Power 460,968
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 0
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 460,968
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8.Shared Dispositive Power 0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
460,968
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
/ /
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11. Percent of Class Represented by Amount in Row (9)
6.0%
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12. Type of Reporting Person (See Instructions)
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PN
Cusip No. 65373J209 13G Nicholas Financial, Inc.
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Item 1. Name and Address of Issuer.
(a) This statement relates to the shares of the common stock of
Nicholas Financial, Inc. ("Issuer").
(b) Issuer's address: 2454 McMullen Booth Road, Building C,
Clearwater, FL 33759.
Item 2. Filers
(a) This statement is filed by Wedbush Opportunity
Capital, LLC ("WOC"), and Wedbush Opportunity Partners, LP
("WOP").
(b) Business address of the above filers are as follows:
WOC - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457
WOP - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457
(c) WOC is a limited liability corporation
organized under the laws of the State of Delaware. WOP is
a limited partnership organized under the laws of the State
of Delaware.
(d) Common stock
(e) 65373J209
Item 3. Classification of Filers
(d) WOC is an investment company registered under Section 8 of the
Investment Company Act of 1940
Item 4. Ownership
The securities reported on this Schedule 13G are held directly by
Wedbush Opportunity Partners, L.P. (the Fund) and accounts under
management by Wedbush Opportunity Capital, LLC,for the benefit of
the Fund's investors. Such securities may be deemed to be indirectly
beneficially owned by Wedbush Opportunity Capital,LLC
(the General Partner), as the general partner of the Fund.
The Fund and the General Partner are the Filers.
The Filers and their affiliates report beneficial ownership in
conformity with the guidelines articulated by the SEC in
Release No. 34-39538 (January 12, 1998) relating to organizations,
such as that of the Filers and their affiliates, where
related entities exercise voting and investment powers over
securities that they hold independently from each other.
The General Partner's voting and investment powers over the securities
held by the Fund are exercised independently from all of the Filer's other
affiliates. The members of the Fund's investment team are also
compensated separately from the investment professionals of such
affiliates. Further, internal policies and procedures of the Filers and
their affiliates establish informational barriers that prevent
the flow between the Filers and such affiliates of information
that relates to the voting and investment powers over the securities
held by the Fund and the voting and investment powers held by such
affiliates. Consequently, the Filers and such affiliates report
the securities over which they hold investment and voting
power separately from each other for purposes of
Section 13 of the Act. Wedbush Opportunity Capital, LLC disclaim
beneficial ownership of shares owned by
Wedbush Opportunity Partners, L.P., except to the extent of any
pecuniary interest therein.
(a) Together, the Reporting Persons beneficially own
a total of 515,521 shares of Common Stock of the Issuer.
(b) Together, the Reporting Persons beneficially own
approximately 6.7% of the outstanding shares of the Issuer.
(c) Number of Shares as to which the filer has:
(i) Sole power to vote: WOC has 460,968 sole shares;
and WOP has 460,968 sole Shares.
(ii) Shared power to vote: WOC has 54,553 Shares; and WOP
has 0 Shares.
(iii) Sole power to dispose: WOC has 460,968 Shares to dispose;
and WOP has 460,968 Shares to dispose.
(iv) Shared power to dispose; WOC has 54,553 Shares;
and WOP has 0 Shares.
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.
Not applicable.
Item 7. Identification and Classification of Subsidiary which
Acquired the Securities Being Reported on by the Parent
Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of a Group.
Name Category
Wedbush Opportunity Capital, LLC IA
Wedbush Opportunity Partners, LP PN
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the Issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Wedbush Opportunity Capital, LLC
02/02/16
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Date
JEREMY Q. ZHU
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JEREMY Q. ZHU
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Signature
JEREMY Q. ZHU
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JEREMY Q. ZHU/ Managing Director
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Name/Title
Wedbush Opportunity Partners, LP
02/02/16
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Date
JEREMY Q. ZHU
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JEREMY Q. ZHU
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Signature
JEREMY Q. ZHU
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JEREMY Q. ZHU/ Managing Director
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Name/Title