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EMC HoldCo 2 B.V., et al. – ‘SC 13G/A’ on 8/8/17 re: Global Eagle Entertainment Inc.

On:  Tuesday, 8/8/17, at 5:03pm ET   ·   Accession #:  1104659-17-50309   ·   File #:  5-86238

Previous ‘SC 13G’:  ‘SC 13G’ on 8/5/16   ·   Latest ‘SC 13G’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 8/08/17  EMC HoldCo 2 B.V.                 SC 13G/A               2:224K Global Eagle Entertainment Inc.   Merrill Corp-MD/FA
          Abry Investment Partnership, L.P.
          Abry Partners VII Co-Investment Fund, L.P.
          Abry Partners VII, L.P.
          Emc Acquisition Holdings LLC
          Jay Grossman
          Peggy Koenig

Amendment to Statement of Beneficial Ownership   —   Sch. 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership      HTML    121K 
 2: EX-1        Underwriting Agreement                              HTML     25K 


SC 13G/A   —   Amendment to Statement of Beneficial Ownership


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

GLOBAL EAGLE ENTERTAINMENT INC.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

37951D102

(CUSIP Number)

July 27, 2017

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*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 (“Act”) 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

 

 

1.

Name of Reporting Person
ABRY Partners VII, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


*             Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

2



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
ABRY Partners VII Co-Investment Fund, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


*             Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

3



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
ABRY Investment Partnership, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
PN

 


*          Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

4



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
EMC Holdco 2 B.V.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Netherlands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
FI

 


*          Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

5



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
EMC Acquisition Holdings LLC

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
5,080,049*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
5,080,049*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,080,049*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
5.6%*

 

 

12.

Type of Reporting Person (See Instructions)
OO

 


*          Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

6



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
Jay Grossman

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
IN

 


*          Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

7



 

CUSIP No. 37951D102

 

 

1.

Name of Reporting Person
Peggy Koenig

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
9,637,955*

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
9,637,955*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
9,637,955*

 

 

10.

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
10.6%*

 

 

12.

Type of Reporting Person (See Instructions)
IN

 


*          Based on 90,594,470 shares of the Issuer’s Common Stock outstanding as of July 27, 2017.

 

8


 


 

CUSIP No. 37951D102

 

STATEMENT ON SCHEDULE 13G

 

This Amendment No. 1 (this “Amendment”) relates to the Schedule 13G (the “Schedule 13G”), dated August 5, 2016, filed jointly by ABRY Partners VII, L.P., ABRY Partners VII Co-Investment Fund, L.P., ABRY Investment Partnership, L.P., EMC Holdco 2 B.V., Jay Grossman and Peggy Koenig with respect to their ownership of shares of common stock, par value $0.0001 per share (the “Shares”), of Global Eagle Entertainment Inc. (the “Issuer”).  Capitalized terms used in this Amendment without definition have the meanings ascribed to them in the Schedule 13G.

 

This is the First amendment to Schedule 13G being filed by each of the Reporting Persons hereon, with the exception of EMC Acquisition Holdings LLC.  This is the Initial Schedule 13G being filed by EMC Acquisition Holdings LLC.

 

Item 1.

 

(a)

Name of Issuer:
Global Eagle Entertainment Inc.

 

(b)

Address of Issuer’s Principal Executive Offices:
4553 Glencoe Avenue, Los Angeles, CA 90292

 

Item 2.

 

(a)

Name of Person Filing:
ABRY Partners VII, L.P.

ABRY Partners VII Co-Investment Fund, L.P.

ABRY Investment Partnership, L.P.

EMC Holdco 2 B.V.

EMC Acquisition Holdings LLC

Jay Grossman

Peggy Koenig

 

(b)

Address of Principal Business Office, or, if none, Residence:
c/o ABRY Partners, 888 Boylston Street, 16th Floor, Boston, MA 02199

 

(c)

Citizenship:
See Item 4 of each cover page.

 

(d)

Title of Class of Securities:
Common stock, $0.0001 par value per share.

 

(e)

CUSIP Number:
37951D102

 

Item 3.

 

 

Not applicable.

 

Item 4.

Ownership.

 

(a)

Amount beneficially owned:   

On July 27, 2017, EMC Acquisition Holdings LLC (“EMC Acquisition Holdings”) became the direct owner of 5,080,049, or 5.6%, of the Shares of the Issuer, based on 90,594,470 Shares outstanding as of

 

9



 

CUSIP No. 37951D102

 

 

 

July 27, 2017.  EMC Holdco 2 B.V. (“EMC Holdco 2”) is the direct owner of 83.37% of the common stock of EMC Acquisition Holdings and has voting and dispositive power over the securities held directly by EMC Acquisition Holdings.  EMC Holdco 2 B.V. directly owns 4,557,906, or 5.0%, of the Shares of the Issuer, based on 90,594,470 Shares outstanding as of July 27, 2017.  In the aggregate, EMC Holdco 2 beneficially owns 9,637,955, or 10.6%, of the Shares of the Issuer, based on 90,594,470 Shares outstanding as of July 27, 2017.  EMC Holdco 2 is a company incorporated under the laws of the Netherlands, the managing directors of which are Karina Franciska Johanna Jansen, Djonie Maria Angela Spreeuwers, Tomer Yosef-Or and Robert Joseph Nicewicz, Jr.  Each such person may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.  EMC Holdco 1 Coöperatief U.A., a cooperative entity organized and existing under the laws of the Netherlands (“EMC Holdco 1”) is the sole owner of EMC Holdco 2 and may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2.

 

EMC Aggregator, LLC, a Delaware limited liability company, is the direct owner of 99.0% of the common stock of EMC Holdco 1 and EMC Aggregator Sub, LLC, a wholly owned subsidiary of EMC Aggregator, LLC, a Delaware limited liability company, is the direct owner of 1.0% of the common stock of EMC Holdco 1.  Each of EMC Aggregator, LLC and EMC Aggregator Sub, LLC may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 1.  Each of Ingrid Mulder, Sidney Stacie, Marc Hollander, Corfas B.V., C.J. Brucato, Brian St. Jean, and Messrs. Yosef-Or and Nicewicz are directors of EMC Holdco 1.  Each such person or entity may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 1, but disclaims beneficial ownership of the Shares.

 

As the direct owner of 96.72429% of the equity interests of EMC Aggregator, LLC, ABRY Partners VII, L.P., a Delaware limited partnership, also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2.   As the direct owner of 3.19196% of the equity interests of EMC Aggregator, LLC, ABRY Partners VII Co-Investment Fund, L.P., a Delaware limited partnership, also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2.  As the direct owner of 0.08375% of the equity interests of EMC Aggregator, ABRY Investment Partnership, L.P. also may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2.  Each of James Scola and Messrs. Yosef-Or and Brucato is a member of the board of directors of each of EMC Aggregator, LLC and EMC Aggregator Sub, LLC and may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

EMC Holdco 1, EMC Aggregator, LLC, EMC Aggregator Sub, LLC, ABRY Partners VII, L.P., ABRY Partners VII Co-Investment Fund, L.P. and ABRY Investment Partnership, L.P. disclaims beneficial ownership of such Shares beneficially owned by EMC Holdco 2.  

 

ABRY VII Capital Partners, L.P., a Delaware limited partnership, the general partner of ABRY Partners VII, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

ABRY Partners VII Co-Investment GP, LLC, a Delaware limited liability company, the general partner of ABRY Partners VII Co-Investment Fund, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

ABRY VII Capital Investors, LLC, a Delaware limited liability company, the general partner of ABRY VII Capital Partners, L.P. and member of ABRY Partners VII Co-Investment GP, LLC, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

ABRY Investment GP, LLC, a Delaware limited liability company, the general partner of ABRY Investment Partnership, L.P., may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

10



 

CUSIP No. 37951D102

 

 

 

Each of Mr. Jay Grossman and Ms. Peggy Koenig, equal members and managers of each of ABRY Investment GP, LLC and ABRY VII Capital Investors, LLC, may be deemed to share voting and dispositive power with respect to any Shares beneficially owned by EMC Holdco 2, but disclaims beneficial ownership of such Shares.

 

ABRY Partners VII, L.P. has the right under a nomination agreement (the “ABRY Nomination Agreement”) to nominate one individual for election to the Issuer’s board of directors. This right terminates when (i) ABRY Partners VII, L.P. holds less than 5% of the Issuer’s outstanding common stock, (ii) ABRY Partners VII, L.P. or its affiliates consummate a “competitive transaction” (as defined in the ABRY Nomination Agreement) or (iii) any partner, member or employee of ABRY Partners VII, L.P. or any of its affiliates becomes a director, board observer or executive officer of any competitor of the Issuer. The ABRY Nomination Agreement also requires that, subject to certain exceptions, ABRY Partners VII, L.P. and its affiliates will be subject to a “standstill” provision. This provision prohibits ABRY Partners VII, L.P. and its affiliates from taking certain actions to influence or control the Issuer (including acquiring additional securities of the Issuer) until six months after the termination of ABRY Partners VII, L.P.’s nomination right.

 

The address of the principal business office of each individual named above who is an affiliate of EMC is c/o ABRY Partners, 888 Boylston Street, 16th Floor, Boston, MA 02199. Each such individual who is an affiliate of ABRY Partners is a citizen of the United States.

 

(b)

Percent of class:   

See Item 11 of each cover page, which is based upon Item 6 of each cover page. See also Item 4(a) above.

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

See Item 5 of each cover page.

 

 

(ii)

Shared power to vote or to direct the vote    

See Item 6 of each cover page.

 

 

(iii)

Sole power to dispose or to direct the disposition of   

See Item 7 of each cover page.

 

 

(iv)

Shared power to dispose or to direct the disposition of   

See Item 8 of each cover page.

 

Item 5.

Ownership of Five Percent or Less of a Class.

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

See Item 4 above.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

 

11



 

CUSIP No. 37951D102

 

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

Not applicable.

 

Item 10.

Certifications.

By signing below I certify that, to the best of my knowledge and belief, 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.

 

12



 

CUSIP No. 37951D102

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Dated August 8, 2017

EMC ACQUISITION HOLDINGS LLC

 

 

 

 

 

By:

/s/ Tomer Yosef-Or

 

Name:

Tomer Yosef-Or

 

Title:

Authorized Person

 

 

 

 

EMC HOLDCO 2 B.V.

 

 

 

 

By:

/s/ Tomer Yosef-Or

 

Name:

Tomer Yosef-Or

 

Title:

Director

 

 

 

 

ABRY PARTNERS VII, L.P.

 

 

 

 

By:

ABRY VII Capital Partners, L.P.

 

 

Its General Partner

 

 

 

 

By:

ABRY VII Capital Investors, LLC

 

 

Its General Partner

 

 

 

 

By:

/s/ Jay Grossman

 

Name:

Jay Grossman

 

Title:

Authorized Person

 

 

 

 

ABRY PARTNERS VII CO-INVESTMENT FUND, L.P.

 

 

 

 

By:

ABRY Partners VII Co-Investment GP, LLC

 

 

Its General Partner

 

 

 

 

By:

ABRY VII Capital Investors, LLC

 

 

Its Member

 

 

 

 

By:

/s/ Jay Grossman

 

Name:

Jay Grossman

 

Title:

Authorized Person

 

 

 

 

ABRY INVESTMENT PARTNERSHIP, L.P.

 

 

 

 

By:

ABRY Investment GP, LLC

 

 

Its General Partner

 

 

 

 

By:

/s/ Jay Grossman

 

Name:

Jay Grossman

 

Title:

Authorized Person

 

13



 

CUSIP No. 37951D102

 

 

/s/ Peggy Koenig

 

Peggy Koenig

 

 

 

 

 

/s/ Jay Grossman

 

Jay Grossman

 

14



 

CUSIP No. 37951D102

 

EXHIBITS

 

Exhibit
Number

 

Title

 

 

 

1

 

Joint Filing Agreement

 

15



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13G/A’ Filing    Date    Other Filings
Filed on:8/8/17
7/27/173
8/5/164,  SC 13G
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