0000950142-19-001303.txt : 20190607 0000950142-19-001303.hdr.sgml : 20190607 20190607081844 ACCESSION NUMBER: 0000950142-19-001303 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190607 DATE AS OF CHANGE: 20190607 GROUP MEMBERS: SC II PV TBO, L.P. GROUP MEMBERS: SC II TBO, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL II (FC) AIV, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL PARTNERS II GP, L.P. GROUP MEMBERS: SEARCHLIGHT CAPITAL PARTNERS II GP, LLC GROUP MEMBERS: SEARCHLIGHT II TBO GP, LLC GROUP MEMBERS: SEARCHLIGHT II TBO-W, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Global Eagle Entertainment Inc. CENTRAL INDEX KEY: 0001512077 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86238 FILM NUMBER: 19884207 BUSINESS ADDRESS: STREET 1: 6080 CENTER DRIVE STREET 2: SUITE 1200 CITY: LOS ANGELES STATE: CA ZIP: 90045 BUSINESS PHONE: 310-437-6000 MAIL ADDRESS: STREET 1: 6080 CENTER DRIVE STREET 2: SUITE 1200 CITY: LOS ANGELES STATE: CA ZIP: 90045 FORMER COMPANY: FORMER CONFORMED NAME: Global Eagle Acquisition Corp. DATE OF NAME CHANGE: 20110203 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Searchlight II TBO-W, L.P. CENTRAL INDEX KEY: 0001735628 IRS NUMBER: 824660026 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 745 FIFTH AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151 BUSINESS PHONE: 212-293-3730 MAIL ADDRESS: STREET 1: 745 FIFTH AVENUE, 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151 SC 13D/A 1 eh1900770_13da2-globaleagle.htm AMENDMENT NO. 2

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Global Eagle Entertainment Inc.
(Name of Issuer)
 
Warrants to Purchase Common Stock, $0.0001 par value
(Title of Class of Securities)
 
37951D102
(CUSIP Number)
 
Searchlight II TBO-W, L.P.
c/o Searchlight Capital Partners, L.P.
745 5th Avenue - 27th Floor
New York, NY 10151
Attention: Nadir Nurmohamed
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
June 5, 2019
(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), 13d-1(f) or 13d-1(g), check the following box. ☐
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be  subject to all other  provisions of the Act  (however, see the Notes).

 

 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 2 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight II TBO-W, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO (See item 3)
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
38,169,207(1)
8
SHARED VOTING POWER
 
None
9
SOLE DISPOSITIVE POWER
 
38,169,207(1)
10
SHARED DISPOSITIVE POWER
 
None
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207(1)
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
___________________
(1)
Represents the number of shares of common stock, par value $0.0001 per share, of the Issuer held by the reporting person plus common stock issuable to the reporting person upon the exercise of the Warrants and conversion of the Convertible Notes at the conversion rate in effect on the date of this Amendment No. 2.
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 3 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight II TBO GP, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
38,169,207
8
SHARED VOTING POWER
 
None
9
SOLE DISPOSITIVE POWER
 
38,169,207
10
SHARED DISPOSITIVE POWER
 
None
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 4 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
SC II PV TBO, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
None
8
SHARED VOTING POWER
 
38,169,207
9
SOLE DISPOSITIVE POWER
 
None
10
SHARED DISPOSITIVE POWER
 
38,169,207
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 5 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital II (FC) AIV, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
None
8
SHARED VOTING POWER
 
38,169,207
9
SOLE DISPOSITIVE POWER
 
None
10
SHARED DISPOSITIVE POWER
 
38,169,207
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 6 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
SC II TBO, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
None
8
SHARED VOTING POWER
 
38,169,207
9
SOLE DISPOSITIVE POWER
 
None
10
SHARED DISPOSITIVE POWER
 
38,169,207
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 7 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital Partners II GP, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
38,169,207
8
SHARED VOTING POWER
 
None
9
SOLE DISPOSITIVE POWER
 
38,169,207
10
SHARED DISPOSITIVE POWER
 
None
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 8 of 13

 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Searchlight Capital Partners II GP, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  ☒
3
SEC USE ONLY
 
 
  
4
SOURCE OF FUNDS
 
OO
  
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
38,169,207
8
SHARED VOTING POWER
 
None
9
SOLE DISPOSITIVE POWER
 
38,169,207
10
SHARED DISPOSITIVE POWER
 
None
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
38,169,207
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
 o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
30.9%
  
14
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 9 of 13

 
This Amendment No. 2 (“Amendment No. 2”) to Schedule 13D amends and supplements the statement on Schedule 13D filed with the United States Securities and Exchange Commission on April 5, 2018, as amended by Amendment No. 1 thereto filed on May 23, 2018 (as so amended, the “Statement”), relating to Global Eagle Entertainment Inc. (the “Issuer”).

Item 1. Security and Issuer.
 
No material change.
 
Item 2. Identity and Background.
No material change.
 
Item 3. Source or Amount of Funds or Other Consideration.
Item 3 is hereby amended by adding the following paragraph as the last paragraph thereof:

Set forth on Exhibit A are the trade dates, number of shares purchased and the average price per share on each trade date, for all transactions in the Common Stock by the Reporting Persons since the Statement was amended on May 23, 2018.  The source of funds for these purchases was capital contributions made by investors in the Reporting Persons together with available lines of credit.
 
Item 4. Purpose of Transaction.
No material change.
 

Item 5. Interest in Securities of the Issuer.
No material change.
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 10 of 13

 
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
No material change.
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 11 of 13
 
 
Item 7. Material to Be Filed as Exhibits.
 
The following are filed herewith as Exhibits to this Schedule 13D:
 
Exhibit 1
Exhibit 2
Exhibit 3
Exhibit 4
Exhibit 5
Exhibit 6  Indenture (including the Form of Convertible Note), dated as of February 18, 2015, between the Issuer and U.S. Bank National Association, as trustee (incorporated by reference to Exhibit 4.1 to the Issuer’s current report on Form 8-K filed February 19, 2015).
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 12 of 13
 
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: June 7, 2019

   
Searchlight II TBO-W, L.P.
  
   
By: 

Searchlight II TBO GP, LLC
  
   
Its:
general partner
  
   
By: 

/s/ Eric Zinterhofer 
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  

   
Searchlight II TBO GP, LLC
  
   
By: 

/s/ Eric Zinterhofer 
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  

   
SC II PV TBO, L.P.
  
   
By: 

Searchlight Capital Partners II GP, L.P.
  
   
Its:
general partner
  
   
By: 

/s/ Eric Zinterhofer 
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  

   
Searchlight Capital II (FC) AIV, L.P.
  
   
By: 

Searchlight Capital Partners II GP, L.P.
  
   
Its:
general partner
  
   
By: 

/s/ Eric Zinterhofer 
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  
 
 
 
 
CUSIP No. 37951D102
 SCHEDULE 13D
Page 13 of 13
 
 
   
SC II TBO, L.P.
  
   
By: 

Searchlight Capital Partners II GP, L.P.
  
   
Its:
general partner
  
   
By: 

/s/ Eric Zinterhofer
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  

   
Searchlight Capital Partners II GP, L.P.
  
   
By: 

Searchlight Capital Partners II GP, LLC
  
   
Its:
general partner
  
   
By: 

/s/ Eric Zinterhofer
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  

   
Searchlight Capital Partners II GP, LLC
  
   
By: 

/s/ Eric Zinterhofer
  
     
Name:  Eric Zinterhofer
Title:  Authorized Person
  


 

 
ANNEX A
 
Searchlight Capital Partners II GP, LLC Managers
 
 
Name
Business Address
Citizenship
Oliver Haarmann
56 Conduit Street, 4th Floor
London W1S 2YZ
United Kingdom
German
Erol Uzumeri
22 Adelaide Street West, 35th Floor
Bay-Adelaide Centre
Toronto, ON M5H 4E3
Canada
Canadian
Eric Zinterhofer
745 Fifth Avenue, 27th Floor
New York, NY 10151
United States
American
 
 
 
 
Exhibit A
 
 
Transaction in the Common Stock
Since the Statement was amended on May 23, 2018

PURCHASES BY SEARCHLIGHT II TBO-W, L.P.
 
Trade Date
Number of Shares Purchased
Average Price (in dollars)
Price Range
(in dollars)
05/23/2018
90,382
  
1.9136
  
1.88 - 1.95
  
05/24/2018
30,290
  
1.9600
  
1.96
  
05/25/2018  173,641    1.9676    1.93 - 1.98  
06/05/2019 5,000,000   0.3000   0.30  
 
 
 
*     The Reporting Persons undertake to provide upon request by the staff of the Securities and Exchange Commission, Global Eagle Entertainment Inc. (the “Global Eagle”) or a security holder of Global Eagle full information regarding the number of shares of Common Stock purchased at each separate price within the range set forth in this column.