Boston Omaha Corporation reported that 238 Plan Associates LLC and the Massachusetts Institute of Technology, through MIT Investment Management Company, together beneficially own 1,602,449 shares of Boston Omaha’s Class A common stock. This represents 5.2% of the outstanding Class A shares. The filing states that MIT is the non-member manager of 238 Plan Associates and that the shares are held directly by MIT and 238 Plan Associates. The reporting persons certify that the shares were not acquired and are not held for the purpose of changing or influencing control of Boston Omaha.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Boston Omaha Corporation
(Name of Issuer)
Class A Common Stock, par value $0.001
(Title of Class of Securities)
101044105
(CUSIP Number)
01/09/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
101044105
1
Names of Reporting Persons
238 Plan Associates LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,602,449.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,602,449.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,602,449.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
101044105
1
Names of Reporting Persons
Massachusetts Institute of Technology
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,602,449.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,602,449.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,602,449.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Boston Omaha Corporation
(b)
Address of issuer's principal executive offices:
292 Newbury Street, Suite 333, Boston, MA, 02115
Item 2.
(a)
Name of person filing:
This Statement is being filed on behalf of 238 Plan Associates LLC ("238 Plan Associates") and Massachusetts Institute of Technology ("MIT") through its division, MIT Investment Management Company ("MITIMCo"). MIT is the non-member manager of 238 Plan Associates. The two members of 238 Plan Associates are the MIT Basic Retirement Plan Trust and the MIT Welfare Benefit Plans Trust, each of which is an employee benefit plan as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), that is subject to the provisions of ERISA. The shares reported in this Schedule 13G (the "Shares") are held directly by MIT and 238 Plan Associates.
(b)
Address or principal business office or, if none, residence:
238 Plan Associates LLC
One Broadway
9th Floor, Suite 200
Cambridge
Massachusetts
02142
Massachusetts Institute of Technology
77 Massachusetts Avenue
Cambridge
Massachusetts
02139
(c)
Citizenship:
Each of 238 Plan Associates and MIT is organized under the laws of Massachusetts.
(d)
Title of class of securities:
Class A Common Stock, par value $0.001
(e)
CUSIP No.:
101044105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,602,449
(b)
Percent of class:
5.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,602,449
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,602,449
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
The Filing Persons expressly disclaim membership in a "group' as used in Rule 13d-5(b)(1)
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.
SIGNATURE
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.
238 Plan Associates LLC
Signature:
/s/ Seth Alexander
Name/Title:
President
Date:
01/09/2026
Massachusetts Institute of Technology
Signature:
/s/ Seth Alexander
Name/Title:
President, MIT Investment Management Company, Authorized Signatory
What stake in Boston Omaha Corporation (BOC) is reported in this Schedule 13G?
The filing reports beneficial ownership of 1,602,449 shares of Boston Omaha Class A common stock, representing 5.2% of the class.
Who are the reporting persons in the Boston Omaha (BOC) Schedule 13G?
The reporting persons are 238 Plan Associates LLC and the Massachusetts Institute of Technology (MIT), acting through its division MIT Investment Management Company.
How are the Boston Omaha (BOC) shares held by MIT and 238 Plan Associates?
The filing states that the Shares are held directly by MIT and 238 Plan Associates LLC. MIT is the non-member manager of 238 Plan Associates.
What voting and dispositive power do the reporting persons have over Boston Omaha (BOC) shares?
The reporting persons have sole power to vote and dispose of 1,602,449 shares, and report no shared voting or dispositive power.
Does MIT’s 13G filing indicate an intent to influence control of Boston Omaha (BOC)?
No. The certification states that the securities were not acquired and are not held for the purpose of changing or influencing the control of Boston Omaha.
What percentage threshold does this Boston Omaha (BOC) Schedule 13G relate to?
The filing confirms beneficial ownership of more than 5% of Boston Omaha’s Class A common stock, specifically 5.2% of the class.
