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