Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     *)

 

 

 

LRAD Corporation

(Name of Issuer)

 

 

 

Common Stock, $0.0001 par value

(Title of Class of Securities)

 

50213V 10 9

(CUSIP Number)

 

March 31, 2011

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x 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 on the remainder of this cover page 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).

Continued on following pages

Page 1 of 5 Pages

 

 

 


Page 2 of 5 Pages

 

 

  1   

Names of Reporting Persons

I.R.S. Identification Nos. of above persons (entities only)

 

MANATUCK HILL PARTNERS, LLC

  2  

Check the Appropriate Box If a Member of a Group (See Instructions)

(a)  ¨        (b)  ¨

 

  3  

SEC Use Only

 

  4  

Citizenship or Place of Organization

 

    DELAWARE

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

     

Sole Voting Power

 

    1,951,122

   6   

Shared Voting Power

 

    0

   7   

Sole Dispositive Power

 

    1,951,122

   8   

Shared Dispositive Power

 

    0

  9

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

    1,951,122

10

 

Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11

 

Percent of Class Represented By Amount in Row (9)

 

    6.4%

12

 

Type of Reporting Person (See Instructions)

 

    IA

 


Page 3 of 5 Pages

 

Item 1  

(a)

   Name of Issuer:      
     LRAD Corporation (the “Issuer”)      
 

1(b)

   Address of the Issuer’s Principal Executive Offices:      
    

15378 Avenue of Science, Suite 100

San Diego, California 92128

     
Item 2  

(a) – (c)

   Name, Principal Business Address, and Citizenship of Person Filing:      
    

Manatuck Hill Partners, LLC

1465 Post Road East

Westport, CT 06880

which is a Delaware corporation.

     
 

2(d)

   Title of Class of Securities:      
     Common Stock, $0.00001 par value      
 

2(e)

   CUSIP Number:      
     50213V 10 9      
Item 3.   This statement is filed pursuant to Rule 13d-1(c).   


Page 4 of 5 Pages

 

Item 4.    Ownership:      
   Ownership as of March 31, 2011 is incorporated herein by reference from items (5) – (9) and (11) of the cover page of this Schedule 13G.      
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:      
   The Reporting Person is an investment adviser acting on behalf of its clients’ accounts and, as such, has beneficial ownership of the shares which are the subject of this filing through the investment discretion the Reporting Person exercises over such accounts. One account of the Reporting Person, Manatuck Hill Scout Fund L.P., owns of record more than 5% of the Issuer’s Common Stock.      
Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
   Not applicable.
Item 8.    Identification and Classification of Members of the Group:      
   Not applicable.      
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 and are held in the ordinary course of business and 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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

     


Page 5 of 5 Pages

 

SIGNATURES

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

 

Date: April 5, 2011     MANATUCK HILL PARTNERS, LLC
    By:  

/s/ Tom Scalia

      Name:   Tom Scalia
      Title:   Chief Financial Officer