<SEC-DOCUMENT>0000905148-25-004037.txt : 20251114
<SEC-HEADER>0000905148-25-004037.hdr.sgml : 20251114
<ACCEPTANCE-DATETIME>20251114162454
ACCESSION NUMBER:		0000905148-25-004037
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20251114
DATE AS OF CHANGE:		20251114

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Canterbury Park Holding Corp
		CENTRAL INDEX KEY:			0001672909
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-RACING, INCLUDING TRACK OPERATION [7948]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				475349765
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-89579
		FILM NUMBER:		251486855

	BUSINESS ADDRESS:	
		STREET 1:		1100 CANTERBURY ROAD S.
		CITY:			SHAKOPEE
		STATE:			MN
		ZIP:			55379
		BUSINESS PHONE:		(952) 445-7223

	MAIL ADDRESS:	
		STREET 1:		1100 CANTERBURY ROAD S.
		CITY:			SHAKOPEE
		STATE:			MN
		ZIP:			55379

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	New Canterbury Park Holding Corp
		DATE OF NAME CHANGE:	20160422

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Black Diamond Capital Management I, LLLP
		CENTRAL INDEX KEY:			0002084285
		ORGANIZATION NAME:           	
		EIN:				660774462
		STATE OF INCORPORATION:			VI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		5330 YACHT HAVEN GRANDE
		STREET 2:		SUITE 100, BOX 35
		CITY:			ST. THOMAS
		PROVINCE COUNTRY:   	VI
		ZIP:			00802
		BUSINESS PHONE:		340-777-2950

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		5330 YACHT HAVEN GRANDE
		STREET 2:		SUITE 100, BOX 35
		CITY:			ST. THOMAS
		PROVINCE COUNTRY:   	VI
		ZIP:			00802

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Black Diamond Holdings, LLLP
		DATE OF NAME CHANGE:	20250903
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0002084285</cik>
<ccc>XXXXXXXX</ccc>
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<liveTestFlag>LIVE</liveTestFlag>



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<formData>
<coverPageHeader>
<amendmentNo>6</amendmentNo>
<securitiesClassTitle>Common Stock, $.01 par value</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001672909</issuerCik>
<issuerName>Canterbury Park Holding Corp</issuerName>
<issuerCusip>13811E101</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>1100 Canterbury Road</com:street1>
<com:city>Shakopee</com:city>
<com:stateOrCountry>MN</com:stateOrCountry>
<com:zipCode>55379</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
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<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
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<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Black Diamond Capital Management I, LLLP</reportingPersonName>
<citizenshipOrOrganization>VI</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>859169</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>859169</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>859169</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>16.8</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<typeOfReportingPerson>PN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Deckoff Stephen H</reportingPersonName>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>859169</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>859169</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>859169</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>16.8</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<typeOfReportingPerson>HC</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Canterbury Park Holding Corp</issuerName>
<issuerPrincipalExecutiveOfficeAddress>1100 Canterbury Road, Shakopee, Minnesota, 55379</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>This statement is filed by Black Diamond Capital Management I, LLLP ("Black Diamond") and Stephen H. Deckoff ("Mr. Deckoff").  Black Diamond and Mr. Deckoff are each referred to as a "Reporting Person" and collectively as the "Reporting Persons."  &#13;
&#13;
This Amendment No. 6 to the Schedule 13G is being filed because, effective August 22, 2025, Black Diamond replaced BDCM CT, L.L.C. (f/k/a Black Diamond Capital Management, L.L.C.) as the primary registered investment adviser that exercises investment discretion on behalf of an investment advisory affiliate that serves as investment adviser to a Black Diamond investment vehicle for whose account the shares of common stock ("Shares") reported herein are held.  Accordingly, Black Diamond is replacing BDCM CT, L.L.C. as a Reporting Person in this Schedule 13G.  Mr. Deckoff is the Managing Principal of Black Diamond.  Black Diamond and Mr. Deckoff accordingly may be deemed to be the beneficial owners of all of the Shares reported herein.  The agreement among the Reporting Persons to file this statement jointly in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, is attached as Exhibit A to this statement.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>The principal business address of the Reporting Persons is 5330 Yacht Haven Grande, Suite 100, Box 35, St. Thomas, U.S. Virgin Islands 00802.</principalBusinessOfficeOrResidenceAddress>
<citizenship>Black Diamond is a U.S.Virgin Islands limited liability limited partnership.  Mr. Deckoff is a citizen of the United States of America.</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
<typeOfPersonFiling>HC</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>As of September 30, 2025, each of the Reporting Persons may be deemed the beneficial owner of 859,169 Shares held for the account of Black Diamond Credit Strategies Master Fund, Ltd.</amountBeneficiallyOwned>
<classPercent>As of September 30, 2025, each of the Reporting Persons may be deemed the beneficial owner of approximately 16.8% of the Shares outstanding.  (There were 5,099,272 Shares outstanding as of September 30, 2025, according to the Issuer's quarterly report on Form 10-Q, filed November 7, 2025.)</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>859,169</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>859,169</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>Black Diamond Credit Strategies Master Fund, Ltd. (and its investment adviser, Black Diamond Credit Strategies Fund Adviser, L.L.C.) has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this statement that may be deemed to be beneficially owned by the Reporting Persons.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>See disclosure in Item 2 hereof.</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>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 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, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<exhibitInfo>Exhibit A: Joint Filing Agreement</exhibitInfo>
<signatureInformation>
<reportingPersonName>Black Diamond Capital Management I, LLLP</reportingPersonName>
<signatureDetails>
<signature>/s/ Stephen H. Deckoff</signature>
<title>Stephen H. Deckoff, Managing Principal</title>
<date>11/14/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Deckoff Stephen H</reportingPersonName>
<signatureDetails>
<signature>/s/ Stephen H. Deckoff</signature>
<title>Stephen H. Deckoff</title>
<date>11/14/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.A
<SEQUENCE>2
<FILENAME>jointfilingagreement.htm
<DESCRIPTION>EXHIBIT A
<TEXT>
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    <title></title>
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         Copyright 1995 - 2025 Broadridge -->
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    <div>
      <div style="text-align: right; color: #000000; font-weight: bold;">EXHIBIT A</div>
      <div style="text-align: center; color: #000000; font-weight: bold;">JOINT FILING AGREEMENT</div>
      <div style="text-align: center; color: #000000; font-weight: bold;"> <br>
      </div>
      <div> </div>
      <div style="color: #000000;">The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Canterbury Park Holding Corporation dated as of
        November 14, 2025 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the
        Securities Exchange Act of 1934, as amended.</div>
      <div><br>
      </div>
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        <table cellspacing="0" cellpadding="0" border="0" id="z488ba725f84e4ec582fb24bf1ecaebbf" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">November 14, 2025</div>
              </td>
              <td colspan="3" style="vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td colspan="3" style="vertical-align: top;">
                <div style="color: #000000; font-weight: bold;">BLACK DIAMOND CAPITAL</div>
                <div style="color: #000000; font-weight: bold;">MANAGEMENT I, LLLP</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td colspan="3" style="vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">By:</div>
              </td>
              <td nowrap="nowrap" style="width: 34.63%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">/s/ Stephen H. Deckoff</div>
              </td>
              <td style="width: 12%; vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td style="width: 3%; vertical-align: top;"> <br>
              </td>
              <td nowrap="nowrap" style="width: 34.63%; vertical-align: bottom;">
                <div style="color: rgb(0, 0, 0);">Name: Stephen H. Deckoff</div>
              </td>
              <td style="width: 12%; vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td style="width: 3%; vertical-align: top;"> <br>
              </td>
              <td style="width: 34.63%; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Title: Managing Principal</div>
              </td>
              <td style="width: 12%; vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td style="width: 3%; vertical-align: top;"> <br>
              </td>
              <td style="width: 34.63%; vertical-align: top;"> <br>
              </td>
              <td style="width: 12%; vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;"> <br>
              </td>
              <td colspan="2" style="vertical-align: top;">
                <div style="color: rgb(0, 0, 0); font-weight: bold;">STEPHEN H. DECKOFF</div>
              </td>
              <td style="width: 12%; vertical-align: top;"> <br>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top; padding-bottom: 2px;"> <br>
              </td>
              <td colspan="2" rowspan="1" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">/s/ Stephen H. Deckoff</div>
              </td>
              <td style="width: 12%; vertical-align: top; padding-bottom: 2px;"> <br>
              </td>
            </tr>

        </table>
        <div> <br>
        </div>
        <div> <br>
        </div>
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          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
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</DOCUMENT>
</SEC-DOCUMENT>
