SCHEDULE: Beryl Capital Entities Disclose 9.9% Stake in DallasNews Corp
Beneficial Ownership Report
Beryl Capital Management LLC, Beryl Capital Management LP, and David A. Witkin have disclosed a 9.9% beneficial ownership stake in DallasNews Corp's Series A Common Stock.
Summary
- Beryl Capital Management LLC, Beryl Capital Management LP, and David A. Witkin each beneficially own 470,309 shares of DallasNews Corp's Series A Common Stock, representing 9.9% of the class.
- Beryl Capital Partners II LP beneficially owns 355,634 shares, representing 7.5% of the Series A Common Stock.
- The percentages are calculated based on 4,739,014 shares of Series A Common Stock outstanding on April 28, 2025, as disclosed in DallasNews Corp's Form 10-Q for the quarter ended March 31, 2025.
- All reporting persons hold shared voting and shared dispositive power over their respective reported shares.
- David A. Witkin is identified as the control person of Beryl Capital Management LLC, which serves as the investment adviser to Beryl Capital Partners II LP and other accounts.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing represents a significant passive investment by Beryl Capital entities in DallasNews Corp, a media company. Such disclosures are common for institutional investors accumulating stakes in publicly traded companies, indicating a belief in the company's long-term value or potential for strategic engagement.
Stakeholder Impact
- Shareholders: The disclosure of a significant ownership stake by institutional investors may be viewed positively, potentially signaling confidence in the company or attracting further investor interest.
Key Dates
| Date | Description |
|---|---|
| 2025-04-28 | Date on which 4,739,014 shares of Series A Common Stock were outstanding, used for percentage calculation. |
| 2025-07-15 | Date of event which requires the filing of this statement. |
| 2025-07-18 | Date of signing the Schedule 13G. |
Keywords
DallasNews Corp, Beryl Capital Management, Beneficial Ownership, Series A Common Stock, Investment Adviser, Institutional Ownership, SEC Filing, Schedule 13G
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