Item 4 of the Schedule 13D is hereby supplemented as follows: From December 27, 2024 through February 12, 2025, the Reporting Person sold an aggregate of 217,833 shares of Class A Stock at prices ranging between $11.03 and $12.27 per share, for total proceeds of $2,502,082.99, pursuant to Rule 144 under the Securities Act of 1933, as amended. As a consequence, the Reporting Person's beneficial ownership decreased to 19,942,588 shares of Class A Stock (including the 7,719,779 Warrant Shares). The Reporting Person's beneficial ownership represents 48.6% of the outstanding Class A Stock and 24.0% of the combined voting Common Stock, a decrease primarily caused by a 7,911,580 increase in the number of shares of Class A Stock outstanding (including the issuance of the 3,955,790 Second Closing PIPE Shares and the issuance of 3,955,790 shares of Class A Stock by the Issuer in a private investment in public equity on October 25, 2024, as well as other issuances of Class A Stock by the Issuer), as well as by such sale by the Reporting Person of 217,833 shares of Class A Stock. A schedule of each such sale transaction by the Reporting Person is attached hereto as Exhibit 4.1.

Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows: The following sets forth, as of the date of this Amendment No. 3, the aggregate number of shares of Issuer's Class A Stock and percentage of Class A Stock (including Warrant Shares) beneficially owned by the Reporting Person, and which the Reporting Person has the sole or shared power to vote or to direct the vote, sole or shared power to dispose or to direct the disposition of, as of the date hereof, based on 29,391,337 outstanding shares of Class A Stock of the Issuer, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the Warrant Shares and the Second Closing PIPE Shares. The following also sets forth the combined voting power of the 19,942,588 shares of Class A Stock (including Warrant Shares) beneficially owned by the Reporting Person relative to the Issuer's total outstanding Common Stock, as to which the Reporting Person has the sole or shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition of, as of the date hereof, based on 29,391,337 shares of Class A Stock and 42,046,356 shares of the Issuer's Class B Stock issued and outstanding as of as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the Warrant Shares and plus the Second Closing PIPE Shares. Reporting Person: Boston Omaha Corporation Class A Common Stock - Number(1): 19,942,588 Class A Common Stock - %(2): 48.6% Class B Common Stock - Number: - Class B Common Stock - %: - Combined Voting Power - %(3): 24.0% (1) Consists of 12,222,809 shares of Class A Stock and 7,719,779 Warrant Shares held by the Reporting Person. (2) Calculated based on the shares of Class A Stock, including Warrant Shares, beneficially owned by the Reporting Person relative to the Issuer's 29,391,337 outstanding shares of Class A Stock, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the 7,719,779 Warrant Shares and plus the 3,955,790 Second Closing PIPE Shares. (3) Calculated based on the shares of Class A Stock, including Warrant Shares, beneficially owned by the Reporting Person relative to the Issuer's 29,391,337 outstanding shares of Class A Stock and 42,046,356 outstanding shares of Class B Stock, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the 7,719,779 Warrant Shares and plus the 3,955,790 Second Closing PIPE Shares. Holders of Class A Stock and Class B Stock are entitled to one vote per share on all matters submitted to the stockholders for their vote or approval.

Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows: The following sets forth, as of the date of this Amendment No. 3, the aggregate number of shares of Issuer's Class A Stock and percentage of Class A Stock (including Warrant Shares) beneficially owned by the Reporting Person, and which the Reporting Person has the sole or shared power to vote or to direct the vote, sole or shared power to dispose or to direct the disposition of, as of the date hereof, based on 29,391,337 outstanding shares of Class A Stock of the Issuer, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the Warrant Shares and the Second Closing PIPE Shares. The following also sets forth the combined voting power of the 19,942,588 shares of Class A Stock (including Warrant Shares) beneficially owned by the Reporting Person relative to the Issuer's total outstanding Common Stock, as to which the Reporting Person has the sole or shared power to vote or to direct the vote, and sole or shared power to dispose or to direct the disposition of, as of the date hereof, based on 29,391,337 shares of Class A Stock and 42,046,356 shares of the Issuer's Class B Stock issued and outstanding as of as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the Warrant Shares and plus the Second Closing PIPE Shares. Reporting Person: Boston Omaha Corporation Class A Common Stock - Number(1): 19,942,588 Class A Common Stock - %(2): 48.6% Class B Common Stock - Number: - Class B Common Stock - %: - Combined Voting Power - %(3): 24.0% (1) Consists of 12,222,809 shares of Class A Stock and 7,719,779 Warrant Shares held by the Reporting Person. (2) Calculated based on the shares of Class A Stock, including Warrant Shares, beneficially owned by the Reporting Person relative to the Issuer's 29,391,337 outstanding shares of Class A Stock, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the 7,719,779 Warrant Shares and plus the 3,955,790 Second Closing PIPE Shares. (3) Calculated based on the shares of Class A Stock, including Warrant Shares, beneficially owned by the Reporting Person relative to the Issuer's 29,391,337 outstanding shares of Class A Stock and 42,046,356 outstanding shares of Class B Stock, as of November 4, 2024, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024, plus the 7,719,779 Warrant Shares and plus the 3,955,790 Second Closing PIPE Shares. Holders of Class A Stock and Class B Stock are entitled to one vote per share on all matters submitted to the stockholders for their vote or approval.

Except as described elsewhere in this Amendment No. 3, including in Item 4 and Exhibit 4.1 incorporated herein by reference, during the past 60 days, neither the Reporting Person nor, to the knowledge of the Reporting Person, any person named in Item 2 hereof, have effected any transactions with respect to the Issuer's Class A Stock.

No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of the Issuer's Class A Stock.

Not applicable.

The information in Item 4 of this Amendment No. 3 is incorporated by reference into this Item 6.

Exhibit 2.1 - Schedule of Officers and Directors Exhibit 4.1 - Schedule of Transactions for Item 4 and Item 5(c) of Amendment No. 3.