StealthGas Inc.

Major Shareholding Notification • Feb 16, 2021

SC 13G/A 1 d8799553_13g-a.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

| StealthGas
Inc. |
| --- |
| (Name
of Issuer) |

| Common
Stock, par value $0.01 per share |
| --- |
| (Title
of Class of Securities) |

Y81669106
(CUSIP
Number)

| December
31, 2020 |
| --- |
| (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 in 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).

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CUSIP No.
1.	NAME OF REPORTING PERSONS
	I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
	Redwood Capital Management,
LLC
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) [_]
	(b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER
	0
6.	SHARED VOTING POWER
	2,404,887
7.	SOLE DISPOSITIVE POWER
	0
8.	SHARED DISPOSITIVE POWER
	2,404,887
9.	AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
	2,404,887
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)
	6.08%
12.	TYPE OF REPORTING PERSON
(SEE INSTRUCTIONS) OO, IA

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CUSIP No.
1.	NAME OF REPORTING PERSONS
	I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
	Redwood Capital Management
Holdings, LP
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) [_]
	(b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER
	0
6.	SHARED VOTING POWER
	2,404,887
7.	SOLE DISPOSITIVE POWER
	0
8.	SHARED DISPOSITIVE POWER
	2,404,887
9.	AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
	2,404,887
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)
	6.08%
12.	TYPE OF REPORTING PERSON
(SEE INSTRUCTIONS) PN, HC

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CUSIP No.
1.	NAME OF REPORTING PERSONS
	I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
	Double Twins K, LLC
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) [_]
	(b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER
	0
6.	SHARED VOTING POWER
	2,404,887
7.	SOLE DISPOSITIVE POWER
	0
8.	SHARED DISPOSITIVE POWER
	2,404,887
9.	AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
	2,404,887
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)
	6.08%
12.	TYPE OF REPORTING PERSON
(SEE INSTRUCTIONS) OO, HC

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CUSIP No.
1.	NAME OF REPORTING PERSONS
	I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
	Redwood Master Fund, Ltd.
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) [_]
	(b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	Cayman Islands
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER
	0
6.	SHARED VOTING POWER
	2,404,887
7.	SOLE DISPOSITIVE POWER
	0
8.	SHARED DISPOSITIVE POWER
	2,404,887
9.	AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
	2,404,887
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)
	6.08%
12.	TYPE OF REPORTING PERSON
(SEE INSTRUCTIONS) CO

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CUSIP No.
1.	NAME OF REPORTING PERSONS
	I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS (ENTITIES ONLY)
	Ruben Kliksberg
2.	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) [_]
	(b) [X]
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	United States of America
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5.	SOLE VOTING POWER
	0
6.	SHARED VOTING POWER
	2,404,887
7.	SOLE DISPOSITIVE POWER
	0
8.	SHARED DISPOSITIVE POWER
	2,404,887
9.	AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
	2,404,887
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)
	6.08%
12.	TYPE OF REPORTING PERSON
(SEE INSTRUCTIONS) IN, HC

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CUSIP No. Y81669106

Item 1.
StealthGas
Inc.

(b).
331 Kifissias Avenue Erithrea 14561 Athens, Greece

| Item 2. |
| --- |
| Redwood Capital Management,
LLC Redwood Capital Management
Holdings, LP Double Twins K, LLC Redwood Master Fund, Ltd. Ruben Kliksberg |

| (b). |
| --- |
| Redwood Capital Management,
LLC 910 Sylvan Avenue Englewood Cliffs, NJ 07632 Redwood Capital Management
Holdings, LP 910 Sylvan Avenue Englewood Cliffs, NJ 07632 Double Twins K, LLC 910 Sylvan Avenue Englewood Cliffs, NJ 07632 Redwood Master Fund, Ltd. c/o Ogier Global (Cayman) Limited 89 Nexus Way Camana
Bay Grand
Cayman, KY1-9009 Cayman Islands Ruben Kliksberg c/o Redwood Capital Management,
LLC 910 Sylvan Avenue Englewood Cliffs, NJ 07632 |

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| (c). |
| --- |
| Redwood Capital Management,
LLC – Delaware Redwood
Capital Management Holdings, LP – Delaware Double
Twins K, LLC – Delaware Redwood Master Fund, Ltd.
– Cayman Islands Ruben Kliksberg – United
States of America |

(d).
Common
Stock, par value $0.01 per share

(e).
Y81669106

ITEM 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

(a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [_] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

(i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [_] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

(k) [_] Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

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ITEM 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

| (a) |
| --- |
| Redwood Capital Management,
LLC – 2,404,887 Redwood Capital Management
Holdings, LP – 2,404,887 Double Twins K, LLC –
2,404,887 Redwood Master Fund, Ltd.
– 2,404,887 Ruben Kliksberg – 2,404,887 |

| (b) |
| --- |
| Redwood Capital Management,
LLC – 6.08% Redwood Capital Management
Holdings, LP – 6.08% Double Twins K, LLC –
6.08% Redwood Master Fund, Ltd
– 6.08% Ruben Kliksberg – 6.08% |

(c) Number of shares as to which the person has:

| (i) | Sole power to vote or to direct
the vote |
| --- | --- |
| | Redwood Capital Management,
LLC – 0 Redwood Capital Management
Holdings, LP – 0 Double Twins K, LLC –
0 Redwood Master Fund, Ltd
– 0 Ruben Kliksberg – 0 |
| (ii) | Shared power to vote or to direct the
vote |
| | Redwood Capital Management,
LLC – 2,404,887 Redwood Capital Management
Holdings, LP – 2,404,887 Double Twins K, LLC –
2,404,887 Redwood Master Fund, Ltd
– 2,404,887 Ruben Kliksberg – 2,404,887 |
| (iii) | Sole power to dispose or to direct the
disposition of |
| | Redwood Capital Management,
LLC – 0 Redwood Capital Management
Holdings, LP – 0 Double Twins K, LLC –
0 Redwood Master Fund, Ltd
– 0 Ruben Kliksberg - 0 |

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| (iv) |
| --- |
| Redwood Capital Management,
LLC – 2,404,887 Redwood Capital Management
Holdings, LP – 2,404,887 Double Twins K, LLC –
2,404,887 Redwood Master Fund, Ltd
– 2,404,887 Ruben Kliksberg - 2,404,887 |

	Instruction: For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item 5.	Ownership of Five Percent or Less of a Class.
	If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_].
	N/A
Item 6.	Ownership of More Than Five Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
	All securities reported in this Schedule 13G are owned by advisory clients of Redwood Capital Management, LLC. With the exception of Redwood Master Fund Ltd., none of the advisory clients individually own more than 5% of the outstanding Common Stock of StealthGas Inc.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
	N/A
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to § 240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.
	N/A
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
	N/A
Item 10.	Certification.
	By signing below I certify that, to the best of my 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.

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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.

(Date)
REDWOOD CAPITAL
MANAGEMENT, LLC *
By: Redwood Capital Management
Holdings, LP, its sole member
By: Double Twins K, LLC, its
general partner
/s/ Ruben
Kliksberg
By: Ruben Kliksberg Title: Managing Member of
the general partner
REDWOOD CAPITAL MANAGEMENT HOLDINGS, LP
*
By: Double Twins K, LLC, its general partner
/s/ Ruben
Kliksberg
By: Ruben Kliksberg Title: Managing Member of
the general partner
DOUBLE TWINS K, LLC *
/s/ Ruben
Kliksberg
By: Ruben Kliksberg Title: Managing Member
REDWOOD MASTER FUND, LTD.
/s/ Ruben
Kliksberg
By: Ruben Kliksberg
Title: Director
Ruben Kliksberg
*
/s/ Ruben
Kliksberg

• The Reporting Persons disclaim beneficial ownership in the Shares reported herein except to the extent of their pecuniary interest therein.

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

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Exhibit A

AGREEMENT

The undersigned agree that this Schedule 13G dated February 16, 2021 relating to the Common Stock, par value $0.01 per share, of StealthGas Inc., shall be filed on behalf of the undersigned.

| February
16, 2021 |
| --- |
| (Date) |
| REDWOOD CAPITAL MANAGEMENT,
LLC |
| By: Redwood Capital Management Holdings,
LP, its sole member |
| By: Double Twins K, LLC, its general
partner |
| /s/ Ruben
Kliksberg |
| By: Ruben Kliksberg Title: Managing Member of
the general partner |
| REDWOOD CAPITAL MANAGEMENT HOLDINGS, LP |
| By: Double Twins K, LLC, its general
partner |
| /s/ Ruben
Kliksberg |
| By: Ruben Kliksberg Title: Managing Member of
the general partner |
| DOUBLE TWINS K, LLC |
| /s/ Ruben
Kliksberg |
| By: Ruben Kliksberg Title: Managing Member |
| REDWOOD MASTER FUND, LTD. |
| /s/ Ruben
Kliksberg |
| By: Ruben Kliksberg |
| Title: Director |
| Ruben Kliksberg |
| /s/ Ruben
Kliksberg |