Form 4: Impact Prosperity Partners, LLC Reports Disposition of Wilhelmina International Shares

Impact Prosperity Partners, LLC, along with related entities and individuals, reported the disposition of 950,000 shares of Wilhelmina International, Inc. common stock on December 29, 2023.

Summary

• Impact Prosperity Partners, LLC (IPP) reported a transaction involving Wilhelmina International, Inc. (WHLM) shares.
• On December 29, 2023, IPP disposed of 950,000 shares of WHLM common stock.
• The shares were held by IPP for the benefit of lenders under secured notes.
• IPP transferred record ownership of these securities to its affiliate Omni Retail Enterprises LLC for the benefit of the lenders.
• Impact Services, LLC (IPS) and ADS Manager, LLC (ADS) are the managing members of IPP.
• Rajesh Gupta is the manager and a member of IPS, and Anna Simpson is the sole member of ADS.
• The reporting persons disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a change in ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell the company's stock. This filing indicates a change in ownership of Wilhelmina International shares by a former 10% owner.

Key Dates

Keywords

Wilhelmina International, Impact Prosperity Partners, share disposition, Form 4, securities, ownership, WHLM