0001140361-18-014763.txt : 20180323 0001140361-18-014763.hdr.sgml : 20180323 20180323131622 ACCESSION NUMBER: 0001140361-18-014763 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180323 DATE AS OF CHANGE: 20180323 GROUP MEMBERS: GRUPO MVS, S.A. DE C.V. GROUP MEMBERS: HSBC TRUST AGREEMENT NUMBER 61549 GROUP MEMBERS: SANTANDER TRUST AGREEMENT NUMBER 2003914 GROUP MEMBERS: UTRERA, S.A.P.I. DE C.V. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HEMISPHERE MEDIA GROUP, INC. CENTRAL INDEX KEY: 0001567345 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 800885255 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87408 FILM NUMBER: 18709464 BUSINESS ADDRESS: STREET 1: 4000 PONCE DE LEON BLVD., SUITE 650 CITY: CORAL GABLES STATE: FL ZIP: 33146 BUSINESS PHONE: 305-421-6364 MAIL ADDRESS: STREET 1: 4000 PONCE DE LEON BLVD., SUITE 650 CITY: CORAL GABLES STATE: FL ZIP: 33146 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Cinema Aeropuerto, S.A. de C.V. CENTRAL INDEX KEY: 0001573604 IRS NUMBER: 000000000 STATE OF INCORPORATION: O5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BLVD. MANUEL AVILA CAMACHO 147 STREET 2: CHAPULTEPEC MORALES CITY: CUIDAD DE MEXICO, D.F. STATE: O5 ZIP: 11510 BUSINESS PHONE: 525552834371 MAIL ADDRESS: STREET 1: BLVD. MANUEL AVILA CAMACHO 147 STREET 2: CHAPULTEPEC MORALES CITY: CUIDAD DE MEXICO, D.F. STATE: O5 ZIP: 11510 SC 13D/A 1 formsc13da.htm SC 13D/A

Securities and Exchange Commission
Washington, D.C. 20549

SCHEDULE 13D
(Amendment No. 4)
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

Hemisphere Media Group, Inc.
(Name of Issuer)

Class A Common Stock Par Value $0.001 Per Share
(Class of Securities)

42365Q103
(CUSIP Number)
 
Grupo MVS, S.A. de C.V.

Blvd. Manuel Ávila Camacho, 147

Chapultepec Morales
Ciudad de México, D.F. 11510

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

March 12, 2018
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box ☐.
 


CUSIP Number of Class A Common Stock: 42365Q103
 
1
NAMES OF REPORTING PERSONS:
 
 
Cinema Aeropuerto, S.A. de C.V.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
 
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS:
 
 
AF
 
 
 
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E).
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
 
Mexico
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
0
 
 
 
 
8
SHARED VOTING POWER
 
 
3,208,045(1)
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
3,208,045(1)
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
 
 
3,208,045(1)
 
 
 
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
13.8% (See Item 5 for calculation of outstanding shares.)
 
 
 
 
14
TYPE OF REPORTING PERSON:
 
 
CO
 
 
 
 
 
(1)
These shares of Class A Common Stock are comprised of 2,996,999 shares of Issuer's Class B common stock, convertible at any time at the option of the holder thereof, into an equal number of fully paid and non-assessable shares of Issuer's Class A Common Stock and 211,046 shares of Issuer's Class A Common Stock issuable upon the exercise of warrants.
 

CUSIP Number of Class A Common Stock: 42365Q103
 
1
NAMES OF REPORTING PERSONS:
 
 
UTRERA, S.A.P.I. de C.V. (formerly Grupo Frecuencia Modulada Televisión, S.A. de C.V.)
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
 
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS:
 
 
AF
 
 
 
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E).
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
 
Mexico
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
0
 
 
 
 
8
SHARED VOTING POWER
 
 
3,208,045(1)
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
3,208,045(1)
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
 
 
3,208,045(1)
 
 
 
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
13.8% (See Item 5 for calculation of outstanding shares.)
 
 
 
 
14
TYPE OF REPORTING PERSON:
 
 
CO
 
 
 
 
 

CUSIP Number of Class A Common Stock: 42365Q103
 
1
NAMES OF REPORTING PERSONS:
 
 
Grupo MVS, S.A. de C.V.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
 
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS:
 
 
AF
 
 
 
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E).
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
 
Mexico
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
0
 
 
 
 
8
SHARED VOTING POWER
 
 
3,208,045(1)
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
3,208,045(1)
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
 
 
3,208,045
 
 
 
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
13.8% (See Item 5 for calculation of outstanding shares.)
 
 
 
 
14
TYPE OF REPORTING PERSON:
 
 
CO
 
 
 
 
 

CUSIP Number of Class A Common Stock: 42365Q103
 
1
NAMES OF REPORTING PERSONS:
 
 
HSBC Trust Agreement Number 61549
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
 
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS:
 
 
AF
 
 
 
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E).
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
 
Mexico
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
0
 
 
 
 
8
SHARED VOTING POWER
 
 
0
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
 
 
0)
 
 
 
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
0 (See Item 5 for calculation of outstanding shares.)
 
 
 
 
14
TYPE OF REPORTING PERSON:
 
 
OO
 
 
 
 
 

CUSIP Number of Class A Common Stock: 42365Q103
 
1
NAMES OF REPORTING PERSONS:
 
 
SANTANDER Trust Agreement Number 2003914
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
 
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
SOURCE OF FUNDS:
 
 
AF
 
 
 
 
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E).
 
 
 
 
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
 
Mexico
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 
0
 
 
 
 
8
SHARED VOTING POWER
 
 
3,208,045(1)
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
3,208,045(1)
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
 
 
3,208,045(1)
 
 
 
 
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 
 
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 
13.8% (See Item 5 for calculation of outstanding shares.)
 
 
 
 
14
TYPE OF REPORTING PERSON:
 
 
OO
 
 
 
 
 

The statement (the "Statement") on Schedule 13D filed (1) by (i) Cinema Aeropuerto, S.A. de C.V., a Mexican Sociedad Anonima de Capital Variable (variable capital corporation) (“Cinema Aeropuerto”), (ii) UTRERA, S.A.P.I. de C.V., a Mexican Sociedad Anonima Promotora de Inversion de Capital Variable (variable capital corporation) (“UTRERA”), and (iii) Grupo MVS, S.A. de C.V., a Mexican Sociedad Anonima de Capital Variable (variable capital corporation) (“Grupo MVS”) on April 15, 2013 and December 16, 2014 and  (2) by Cinema Aeropuerto, UTRERA, Grupo MVS and HSBC Trust Agreement Number 61549 (HSBC) on December 26, 2016 is hereby amended. The following constitutes Amendment No. 4 to the Statement and is filed by Cinema Aeropuerto, UTRERA, Grupo MVS, HSBC and SANTANDER Trust Agreement Number 2003914 (the Trust, and together with Cinema Aeropuerto, UTRERA, Grupo MVS, HSBC and the Trust, the "Reporting Persons".)  Capitalized terms used herein without definition have the same meanings as those ascribed to them in the Statement.

No shares of the Issuers Class A Common Stock, par value $0.0001 per share (Class A Common Stock), or other capital stock of the Issuer have been acquired or disposed of by the Reporting Persons since the filing of Amendment No. 3. This Amendment No. 4 is being filed solely to disclose that the Trust is now the owner of Grupo MVS and may be deemed to beneficially own the shares of Class A Common Stock held by each of Cinema Aeopuerto, UTRERA and Grupo MVS. HSBC will cease reporting with respect to ownership of shares of the Issuer.
 

Item 2.
Identity and Background

(a)  This statement is being filed by the Reporting Persons.

(b)  The address of Cinema Aeropuerto, Utrera, and Grupo MVS is Boulevard Manuel Ávila Camacho 147, Chapultepec Morales, Ciudad de México, D.F. 11510. The address of HSBC is Avenida Paseo de la Reforma #347, 3er piso Colonia Cuauhtémoc, Mexico 06500. The address of the Trust is Vasco de Quiroga # 3900, Torre B, Piso 2, Lomas de Santa Fe.

(c) The principal business of Cinema Aeropuerto is to invest in the common stock of the Issuer and to appoint a voting member of the Issuer's board of directors. In connection with an internal restructuring, Frecuencia Modulada was merged with and into Utrera. The principal business of Utrera is to own a controlling interest in Cinema Aeropeuerto. The principal business of Grupo MVS is to acquire and operate radio, television and publishing businesses, and to provide satellite, distribution and licensing services to such businesses. Cinema Aeropuerto and Utrera are indirect wholly-owned subsidiaries of, and are controlled by, Grupo MVS. The Trust, directly and indirectly, owns a 98.06% interest in Grupo MVS. The Trust is organized under the laws of Mexico for the benefit of descendants of José Joaquín Vargas Gómez.

(d) During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors)

(e)  None of the Reporting Persons has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) The Reporting Persons are organized under the laws of Mexico.

Item 5.
Interest in Securities of the Issuer

(i)   Assuming conversion of all shares of Class B stock owned by it, Cinema Aeropuerto individually beneficially owns 3,208,045 shares of Class A Common Stock representing 13.8% of all of the outstanding shares of Class A Common Stock, including (A) 211,046 shares of Class A Common Stock of the Issuer issuable upon conversion of certain warrants of the issuer which are exercisable at $12.00 per share and (B) 2,996,999 shares of Class A Common Stock of the Issuer, which are issuable upon conversion of the Class B Common Stock of the Issuer, which is convertible on a one for one basis.

(ii)    UTRERA, as the owner of a controlling interest in Cinema Aeropuerto, may be deemed to beneficially own the shares of Class A Common Stock held by Cinema Aeropuerto.

(iii)   Grupo MVS, as the beneficial owner of a controlling interest in each of Cinema Aeropuerto and UTRERA, may be deemed to beneficially own the shares of Class A Common Stock held by each of Cinema Aeropuerto and UTRERA.

(iv)  The Trust, as the owner of Grupo MVS, may be deemed to beneficially own the shares of Class A Common Stock held by each of Cinema Aeopuerto, UTRERA and Grupo MVS.

The above percentages are based on the 20,282,202 shares of Class A Common Stock reported as outstanding on the Issuer’s Form 10-K filed on March 12, 2018.

Item 7
Material to be Filed as Exhibits

 
Joint Filing Agreement
 

SIGNATURE

After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated March 23, 2018.

 
Cinema Aeropuerto, S.A. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name: Joaquin Vargas Guajardo
   
 
Title:   Attorney-in-fact
   
 
UTRERA, S.A.P.I. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name: Joaquin Vargas Guajardo
   
 
Title:  Attorney-in-fact
   
 
Grupo MVS, S.A. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name:  Joaquin Vargas Guajardo
   
 
Title:  Attorney-in-fact
   
 
HSBC Trust Agreement Number 61549
   
 
By: HSBC Mexico, S.A., as Trustee
   
 
By: /s/ Jose Antonio Abad Garcia
 
Name: Jose Antonio Abad Garcia
 
Title: Legal Representative
   
 
SANTANDER Trust Agreement Number 2003914
   
 
By: BANCO SANTANDER (MEXICO), S.A. as Trustee
   
 
By: /s/ Jose Antonio Abad Garcia
 
Name: Jose Antonio Abad Garcia
 
Title: Legal Representative
 
 

EX-1 2 ex1.htm EXHIBIT 1

EXHIBIT 1

JOINT FILING AGREEMENT

Each of the undersigned hereby acknowledges and agrees, in compliance with the provisions of Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, that the Schedule 13D to which this Agreement is attached as an Exhibit (the “Schedule 13D”), and any amendments thereto, will be filed with the Securities and Exchange Commission jointly on behalf of the undersigned.  This Agreement may be executed in one or more counterparts.

Date:    March 23, 2018
 
 
Cinema Aeropuerto, S.A. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name: Joaquin Vargas Guajardo
   
 
Title:   Attorney-in-fact
   
 
UTRERA, S.A.P.I. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name: Joaquin Vargas Guajardo
   
 
Title:  Attorney-in-fact
   
 
Grupo MVS, S.A. de C.V.
   
 
By: /s/ Joaquin Vargas Guajardo
   
 
Name:  Joaquin Vargas Guajardo
   
 
Title:  Attorney-in-fact
   
 
HSBC Trust Agreement Number 61549
   
 
By: HSBC Mexico, S.A., as Trustee
   
 
By: /s/ Jose Antonio Abad Garcia
 
Name: Jose Antonio Abad Garcia
 
Title: Legal Representative
   
 
SANTANDER Trust Agreement Number 2003914
   
 
By: BANCO SANTANDER (MEXICO), S.A. as Trustee
   
 
By: /s/ Jose Antonio Abad Garcia
 
Name: Jose Antonio Abad Garcia
 
Title: Legal Representative