0001493152-23-045304.txt : 20231218
0001493152-23-045304.hdr.sgml : 20231218
20231218182749
ACCESSION NUMBER: 0001493152-23-045304
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231214
FILED AS OF DATE: 20231218
DATE AS OF CHANGE: 20231218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cassidy Bruce A. Sr.
CENTRAL INDEX KEY: 0001484879
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41508
FILM NUMBER: 231495102
MAIL ADDRESS:
STREET 1: C/O LOOP MEDIA
STREET 2: 700 N CENTRAL AVENUE, SUITE 430
CITY: GLENDALE
STATE: CA
ZIP: 91203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Excel Family Partners LLLP
CENTRAL INDEX KEY: 0001993712
ORGANIZATION NAME:
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41508
FILM NUMBER: 231495101
BUSINESS ADDRESS:
STREET 1: 700 N CENTRAL AVENUE
STREET 2: SUITE 430
CITY: GLENDALE
STATE: CA
ZIP: 91203
BUSINESS PHONE: 720-793-1421
MAIL ADDRESS:
STREET 1: 700 N CENTRAL AVENUE
STREET 2: SUITE 430
CITY: GLENDALE
STATE: CA
ZIP: 91203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Loop Media, Inc.
CENTRAL INDEX KEY: 0001643988
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 473975872
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 2600 WEST OLIVE AVENUE
STREET 2: SUITE 5470
CITY: BURBANK
STATE: CA
ZIP: 91505
BUSINESS PHONE: (213) 436-2100
MAIL ADDRESS:
STREET 1: 2600 WEST OLIVE AVENUE
STREET 2: SUITE 5470
CITY: BURBANK
STATE: CA
ZIP: 91505
FORMER COMPANY:
FORMER CONFORMED NAME: Interlink Plus, Inc.
DATE OF NAME CHANGE: 20150603
4
1
ownership.xml
X0508
4
2023-12-14
0
0001643988
Loop Media, Inc.
LPTV
0001484879
Cassidy Bruce A. Sr.
C/O LOOP MEDIA, INC.
2600 OLIVE AVENUE WEST, SUITE 5470
BURBANK
CA
91505
1
0
1
0
0001993712
Excel Family Partners LLLP
C/O LOOP MEDIA, INC.
2600 WEST OLIVE AVENUE, SUITE 5470
BURBANK
CA
91505
0
0
1
0
0
Common Stock
2023-12-14
4
A
0
2910771
0.80
A
12730632
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
24242
0.80
A
12754874
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
12121
0.80
A
12766995
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
12121
0.80
A
12779116
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
106666
0.80
A
12885782
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
283045
0.80
A
13168827
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
209398
0.80
A
13378225
I
By Excel Family Partners, LLLP
Common Stock
2023-12-14
4
M
0
138889
0.80
A
2738889
I
By Eagle Investment Group, LLC
Common Stock
85617
D
Warrant (right to buy)
0.80
2023-12-14
4
A
0
3125000
0
A
2023-12-14
2026-12-14
Common Stock
3125000
3125000
I
By Excel Family Partners LLLP
Warrant (right to buy)
8.25
2023-12-14
4
D
0
24242
0
D
2021-04-01
2024-12-01
Common Stock
24242
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
24242
0
A
2021-04-01
2024-12-01
Common Stock
24242
24242
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
24242
0
D
2021-04-01
2024-12-01
Common Stock
24242
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
8.25
2023-12-14
4
D
0
12121
0
D
2021-05-01
2024-12-01
Common Stock
12121
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
12121
0
A
2021-05-01
2024-12-01
Common Stock
12121
12121
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
12121
0
D
2021-05-01
2024-12-01
Common Stock
12121
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
8.25
2023-12-14
4
D
0
12121
0
D
2021-06-01
2024-12-01
Common Stock
12121
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
12121
0
A
2021-06-01
2024-12-01
Common Stock
12121
12121
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
12121
0
D
2021-06-01
2024-12-01
Common Stock
12121
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
8.25
2023-12-14
4
D
0
106666
0
D
2021-09-30
2024-09-30
Common Stock
106666
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
106666
0
A
2021-09-30
2024-09-30
Common Stock
106666
106666
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
106666
0
D
2021-09-30
2024-09-30
Common Stock
106666
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
5.25
2023-12-14
4
D
0
283045
0
D
2022-04-25
2025-04-25
Common Stock
283045
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
283045
0
A
2022-04-25
2025-04-25
Common Stock
283045
283045
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
283045
0
D
2022-04-25
2025-04-25
Common Stock
283045
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
4.33
2023-12-14
4
D
0
209398
0
D
2023-09-12
2026-05-10
Common Stock
209398
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
A
0
209398
0
A
2023-09-12
2026-05-10
Common Stock
209398
209398
I
By Excel Family Partners LLLP
Warrant (right to buy)
0.80
2023-12-14
4
M
0
209398
0
D
2023-09-12
2026-05-10
Common Stock
209398
0
I
By Excel Family Partners LLLP
Warrant (right to buy)
2.25
2023-12-14
4
D
0
138889
0
D
2020-09-03
2030-03-11
Common Stock
138889
0
I
By Eagle Investment Group, LLC
Warrant (right to buy)
2.25
2023-12-14
4
A
0
138889
0
A
2020-09-03
2030-03-11
Common Stock
138889
138889
I
By Eagle Investment Group, LLC
Warrant (right to buy)
2.25
2023-12-14
4
M
0
138889
0
D
2020-09-03
2030-03-11
Common Stock
138889
0
I
By Eagle Investment Group, LLC
The shares of Common Stock were acquired in connection with a Note Conversion Agreement with the Issuer, pursuant to which the principal and interest outstanding in the amount of $2,328,617 on a line of credit extended by Excel Family Partners, LLLP, an entity managed by the Reporting Person, was converted into shares of Common Stock of the Issuer at a per share price of $0.80.
Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
The shares of Common Stock were acquired upon the exercise of a warrant at a per share exercise price of $0.80.
The warrant was acquired in connection with a note issued by the Issuer in favor of Excel Family Partners, LLLP, an entity managed by the Reporting Person, as coverage for one hundred percent (100%) of the principal thereunder. The aggregate principal of the note is $2,500,000.
The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Excel Family Partners, LLLP, Eagle Investment Group, LLC, and the Issuer, to decrease the per share exercise price of the warrant from $8.25 to $0.80. Each of Excel Family Partners, LLLP and Eagle Investment Group, LLC is an entity managed by the Reporting Person.
The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Excel Family Partners, LLLP, Eagle Investment Group, LLC, and the Issuer, to decrease the per share exercise price of the warrant from $5.25 to $0.80. Each of Excel Family Partners, LLLP and Eagle Investment Group, LLC is an entity managed by the Reporting Person.
The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Excel Family Partners, LLLP, Eagle Investment Group, LLC, and the Issuer, to decrease the per share exercise price of the warrant from $4.33 to $0.80. Each of Excel Family Partners, LLLP and Eagle Investment Group, LLC is an entity managed by the Reporting Person.
The warrant was repriced pursuant to a Warrant Reprice Letter Agreement effective December 14, 2023, between Excel Family Partners, LLLP, Eagle Investment Group, LLC, and the Issuer, to decrease the per share exercise price of the warrant from $2.25 to $0.80. Each of Excel Family Partners, LLLP and Eagle Investment Group, LLC is an entity managed by the Reporting Person.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
/s/ Joanne Lytle, Attorney-in Fact for Bruce A. Cassidy, Sr.
2023-12-18
/s/ Joanne Lytle, Attorney-in Fact for Excel Family Partners LLLP
2023-12-18