BALLY’S CORPORATION |
(Name of Issuer)
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Common Stock, $0.01 par value per share |
(Title of Class of Securities)
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90171V204 |
(CUSIP Number)
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Joseph Mause
Standard General L.P.
767 Fifth Avenue, 12th Floor
New York, NY 10153
Tel. No.: 212-257-4701
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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January 25, 2022 |
(Date of Event which Requires Filing of this Statement)
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1
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NAMES OF REPORTING PERSONS
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Standard General L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☐
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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AF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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11,424,849
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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11,424,849
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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11,424,849
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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21.0%
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IA
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1
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NAMES OF REPORTING PERSONS
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Soohyung Kim
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☐
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||||
3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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AF
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||||
5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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||||
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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||||
8
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SHARED VOTING POWER
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11,424,849
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||||
9
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SOLE DISPOSITIVE POWER
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0
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||||
10
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SHARED DISPOSITIVE POWER
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11,424,849
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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11,424,849
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||||
12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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|
☐
|
||
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|
||||
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||||
13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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21.0%
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN, HC
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Transaction
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Date of Transaction
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No. Underlying Shares
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Option Purchase Price/Share
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Exercise Price/Share
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Option Expiration Date
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||||||||||
Stock Option (right to buy)
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12/10/2021
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34,884
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$
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32.7914
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$
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5.00
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12/17/2021
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||||||||
Stock Option (right to buy)
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12/13/2021
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45,155
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$
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31.1691
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$
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5.00
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12/17/2021
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||||||||
Stock Option (right to buy)
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12/14/2021
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57,607
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$
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30.6938
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$
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5.00
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12/17/2021
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||||||||
Stock Option (right to buy)
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12/16/2021
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88,025
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$
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29.0816
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$
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5.00
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12/17/2021
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Transaction
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Date of Transaction
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No. Underlying Shares
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Exercise Price/Share
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Stock Option Exercise
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12/17/2021
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725,780
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$
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5.00
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Stock Option Exercise
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12/17/2021
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357,000
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$
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0.01
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STANDARD GENERAL L.P.
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By:
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/s/ Joseph Mause
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Name: Joseph Mause
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Title: Chief Finanical Officer
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SOOHYUNG KIM
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By:
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/s/ Soohung Kim
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Sooyung Kim
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