0001398344-24-011549.txt : 20240610 0001398344-24-011549.hdr.sgml : 20240610 20240610152732 ACCESSION NUMBER: 0001398344-24-011549 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240607 FILED AS OF DATE: 20240610 DATE AS OF CHANGE: 20240610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MAGNOLIA GROUP, LLC CENTRAL INDEX KEY: 0001618376 ORGANIZATION NAME: STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38113 FILM NUMBER: 241032481 BUSINESS ADDRESS: STREET 1: 1601 DODGE STREET STREET 2: SUITE 3300 CITY: OMAHA STATE: NE ZIP: 68102 BUSINESS PHONE: 918-796-3158 MAIL ADDRESS: STREET 1: 1601 DODGE STREET STREET 2: SUITE 3300 CITY: OMAHA STATE: NE ZIP: 68102 FORMER NAME: FORMER CONFORMED NAME: MAGNOLIA GROUP LLC DATE OF NAME CHANGE: 20140902 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MAGNOLIA BOC I, LP CENTRAL INDEX KEY: 0001732690 ORGANIZATION NAME: STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38113 FILM NUMBER: 241032480 BUSINESS ADDRESS: STREET 1: 1411 HARNEY ST. STREET 2: SUITE 200 CITY: OMAHA STATE: NE ZIP: 68102 BUSINESS PHONE: 402-509-8456 MAIL ADDRESS: STREET 1: 1411 HARNEY ST. STREET 2: SUITE 200 CITY: OMAHA STATE: NE ZIP: 68102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Peterson Adam K CENTRAL INDEX KEY: 0001667769 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38113 FILM NUMBER: 241032482 MAIL ADDRESS: STREET 1: 1601 DODGE STREET, SUITE 3300 CITY: OMAHA STATE: NE ZIP: 68102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON OMAHA Corp CENTRAL INDEX KEY: 0001494582 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS [6510] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 270788438 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1601 DODGE STREET STREET 2: SUITE 3300 CITY: OMAHA STATE: NE ZIP: 68102 BUSINESS PHONE: 857-256-0079 MAIL ADDRESS: STREET 1: 1601 DODGE STREET STREET 2: SUITE 3300 CITY: OMAHA STATE: NE ZIP: 68102 FORMER COMPANY: FORMER CONFORMED NAME: REO PLUS, INC. DATE OF NAME CHANGE: 20100618 4 1 fp0088709-1_4.xml X0508 4 2024-06-07 0 0001494582 BOSTON OMAHA Corp BOC 0001667769 Peterson Adam K 1601 DODGE STREET, SUITE 3300 OMAHA NE 68102 1 1 1 0 Chief Executive Officer 0001618376 MAGNOLIA GROUP, LLC 1601 DODGE STREET SUITE 3300 OMAHA NE 68102 0 0 1 0 0001732690 MAGNOLIA BOC I, LP 1601 DODGE STREET, SUITE 3300 OMAHA NE 68102 0 0 1 0 0 Class A Common Stock, par value $0.001 per share 2024-06-07 4 P 0 7500 13.97 A 6743318 D The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson"), Mr. Peterson's Minor Children, Magnolia Capital Fund ("MCF"), and Magnolia BOC I, LP ("BOC I"). The Magnolia Group, LLC ("TMG") is the general partner and investment manager of MCF and BOC I. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein for those reporting persons. TMG and Mr. Peterson disclaim beneficial ownership with respect to the shares held by MCF and BOC I except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. Mr. Peterson serves as a 10% Owner and Director of the Issuer, and as the Chief Executive Officer of the Issuer. This transaction was executed in multiple trades at prices ranging from $13.95 to $13.97. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. MCF may be the beneficial owner of 580,558 shares of Common Stock that it holds (comprised of 527,780 shares of Class B Common Stock, 51,516 $10 Warrants to purchase Common Stock, and 1,262 $8 Warrants to purchase Common Stock). BOC I may be deemed the beneficial owner of 5,589,253 shares of Common Stock that it holds. TMG may be deemed the beneficial owner of 6,169,811 shares of Common Stock, which includes the shares held by MCF and BOC I. Adam Peterson may be deemed the beneficial owner of 6,743,318 shares of Common Stock including the 573,507 shares of Common Stock that he holds directly or indirectly through Mr. Peterson's minor children's account, and the shares held by MCF and BOC I. The purchase of shares being reported on this Form 4 were purchased by Adam Peterson directly for his personal account. No shares were purchased by the other Reporting Persons. /s/ Adam K. Peterson on behalf of Magnolia BOC I, LP, by its General Partner, The Magnolia Group LLC 2024-06-10 /s/ Adam K. Peterson, managing member on behalf of The Magnolia Group, LLC 2024-06-10 /s/ Adam K. Peterson 2024-06-10