Mediaco Hldg Inc SEC Filings

Mediaco Holding Inc. (MDIA): BlackRock Portfolio Management LLC reports that on 09/05/2025 SLF LBI Aggregator, LLC exercised a warrant to purchase 28,206,152 shares of Class A common stock at an exercise price of $0.00001 per share, paid on a cashless basis so the issuer withheld 214 shares to cover the exercise price. After the transaction, the reporting group is shown as beneficially owning 35,257,690 Class A shares. The filing notes that HPS Group GP, LLC and Scott Kapnick are related parties to the aggregator and that each disclaims beneficial ownership except to the extent of pecuniary interest.

BlackRock Portfolio Management LLC (BPM) filed Amendment No. 1 to a Schedule 13D reporting significant ownership in MediaCo Holding Inc. BPM reports 35,257,476 shares of Class A common stock as beneficially owned by the reporting business units, representing 46.1% of the class per the cover page calculations. The filing incorporates prior Schedule 13D disclosures and clarifies ownership and voting/dispositive powers shown on the cover page.

The amendment discloses that on September 5, 2025 an affiliated Aggregator exercised a Warrant to purchase 28,206,152 Warrant Shares, with the issuer withholding 214 shares to cover the exercise price and issuing 28,205,938 Warrant Shares to Aggregator. BPM states there are no other arrangements or understandings regarding transfer or voting of the issuer's securities, aside from ordinary securities lending activity.

MediaCo Holding Inc. reported consolidated net revenues of $31.245 million for the quarter, up from $26.202 million a year earlier, and $59.275 million for the six months versus $32.908 million a year earlier, reflecting revenue contributed by the Estrella acquisition. Operating loss improved to $(6.785) million for the quarter from $(13.326) million a year earlier, and consolidated net loss narrowed to $(8.800) million versus $(48.307) million, partly because a prior-period noncash $(31.027) million fair value loss on a warrant liability did not recur and the warrant was reclassified to equity after shareholder approval.

The balance sheet shows total assets of $315.150 million, total liabilities of $217.899 million and total equity of $97.251 million. Cash and cash equivalents were $2.936 million. Long-term debt (net) totaled $66.698 million and Series B Preferred Stock is recorded at $38.328 million. Goodwill of $28.338 million and intangible assets support the acquired Estrella operations. The company reports a makegood liability related to network sales of $8.8 million expected to be recognized over up to four years.

MediaCo Holding (MDIA) has submitted its Annual Report to Shareholders (ARS) on June 28, 2025. The ARS filing, which complements the company's annual financial reporting requirements, has been accepted by the SEC on June 27, 2025.

Due to the limited content available in the filing preview, specific financial metrics, operational performance, and detailed shareholder information cannot be directly assessed. The complete report is available only in PDF format through the SEC's system.

The ARS document typically provides shareholders with:

• Detailed financial statements and performance analysis
• Management's discussion of operations
• Corporate governance information
• Shareholder return metrics
• Company's strategic initiatives and outlook

MediaCo Holding (NASDAQ:MDIA) filed a DEFA14A on June 27, 2025, providing definitive additional proxy soliciting materials related to its forthcoming shareholder meeting. The document is limited to the cover page, confirms that no SEC filing fee is required, and contains no new proposals, compensation data, strategic updates, or other material disclosures. This appears to be a routine administrative submission designed to supplement previously distributed proxy information without altering any voting matters.