SCHEDULE 13G/A: Running Wind LLC Discloses 4.68% Stake in Loop Media, Inc. Following Recent Corporate Actions

Running Wind LLC has filed an amended Schedule 13G, reporting a 4.68% beneficial ownership stake in Loop Media, Inc. common stock.

Summary

• Running Wind LLC beneficially owns 3,878,989 shares of Loop Media, Inc. common stock.
• This ownership represents 4.68% of the 82,953,569 shares of Common Stock issued and outstanding as of February 3, 2025, as reported in Loop Media, Inc.'s Form 10-Q for the quarterly period ended December 31, 2024.
• The reported beneficial ownership reflects several past corporate actions, including the cash payment in full of Loop Media, Inc.'s convertible promissory note to Running Wind LLC on May 9, 2022.
• It also accounts for a one-for-three reverse stock split of Loop Media, Inc.'s Common Stock, which became effective on September 20, 2022.
• Furthermore, the ownership includes shares resulting from the automatic cashless exercise of warrants in connection with Loop Media, Inc.'s public offering on September 26, 2022.
• Running Wind LLC holds sole voting power and sole dispositive power over all 3,878,989 beneficially owned shares.

Sentiment

Score: 6

Explanation: The document is a neutral, factual disclosure of beneficial ownership. The continued holding of a significant stake by Running Wind LLC could be seen as mildly positive, indicating ongoing investor confidence, but it provides no new operational or financial performance data to significantly alter sentiment.

Positives

• The filing indicates a continued, significant ownership stake by Running Wind LLC, suggesting ongoing investor confidence in Loop Media, Inc.
• Running Wind LLC's certification states that the shares are not held for the purpose of changing or influencing control of the issuer, which can be viewed positively for corporate stability and management autonomy.

Negatives

• The document is a routine ownership disclosure and does not contain any negative financial or operational information about Loop Media, Inc.

Risks

• The document itself does not explicitly state current or future risks for Loop Media, Inc. It mentions past corporate actions like a reverse stock split and a public offering, which could be indicative of past financial or strategic challenges, but these are presented as historical events rather than ongoing risks within this filing.

Future Outlook

This document is a historical ownership disclosure and does not contain forward-looking statements or guidance regarding Loop Media, Inc.'s future performance, strategy, or financial outlook.

Management Comments

• Allen D. Berry, III, Managing Member of Running Wind LLC, certified that 'the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.'

Industry Context

This filing is a routine disclosure of a significant, non-controlling ownership stake by an institutional investor in Loop Media, Inc. It does not provide specific insights into broader industry trends or competitive dynamics within the media or entertainment sector, but it confirms continued investment in the company.

Comparison to Industry Standards

• This document is a standard beneficial ownership filing (Schedule 13G) and does not contain financial or operational results that would allow for a direct comparison to industry standards or specific comparable companies/projects.
• The 4.68% stake held by Running Wind LLC is a significant but non-controlling interest, which is typical for passive investors filing a Schedule 13G, indicating compliance with regulatory thresholds for passive investment.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant non-controlling shareholder. The stability of this ownership may be viewed positively as it indicates continued investment without intent to control.

Next Steps

• The document itself does not outline any specific future actions, events, or milestones for Loop Media, Inc. or Running Wind LLC beyond the regulatory filing.

Key Dates

Keywords

Loop Media Inc., Running Wind LLC, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Shareholding, Institutional Investor, Corporate Governance, Reverse Stock Split, Warrants, Public Offering