Filing Details
- Accession Number:
- 0000921895-23-002259
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-09-26 17:33:35
- Reporting Period:
- 2023-09-25
- Accepted Time:
- 2023-09-26 17:33:35
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1014111 | Glassbridge Enterprises Inc. | GLAE | Investment Advice (6282) | 411838504 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1134119 | Clinton Group Inc | 411 East 57Th Street New York NY 10018 | No | No | No | Yes | |
| 1566939 | E. George Hall | 411 East 57Th Street New York NY 10018 | No | No | No | Yes | |
| 1584551 | Geh Capital Inc. | 411 East 57Th Street New York NY 10018 | No | No | No | Yes | |
| 1621471 | Ltd. Fund Master Opportunities Special Clinton | 411 East 57Th Street New York NY 10018 | No | No | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2023-09-25 | 7,578 | $164.95 | 0 | No | 4 | S | Indirect | See footnotes |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnotes |
Footnotes
- The securities reported herein may be deemed to be indirectly beneficially owned by Mr. George E. Hall ("Mr. Hall"), which securities are directly held by: (i) GEH Capital, Inc., which is indirectly owned by Mr. Hall and (ii) Clinton Special Opportunities Master Fund Ltd. ("CSO"), of which Clinton Group, Inc. ("CGI") is also deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CSO (collectively, the "Reporting Persons"). Mr. Hall serves as the Chief Executive Officer of CGI.
- On September 25, 2023, the Reporting Persons entered into a redemption agreement (the "Redemption Agreement") with the Issuer. Under the terms of the Redemption Agreement, the Reporting Persons sold an aggregate of 7,578 Shares to the Issuer in exchange for cash proceeds of $1,250,000 and mutual releases, subject to certain exceptions.
- As of September 25, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock.
Billionaire Hedge Funds
