Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Playboy, Inc. (PLBY) is the issuer in an amendment reporting beneficial ownership by Drawbridge Special Opportunities Fund and related Fortress entities. The reporting persons list shared voting and dispositive power, with zero sole voting or dispositive power. Reported amounts include 10,746,179 shares (9.2%) for Drawbridge Special Opportunities Fund, 10,889,014 shares (9.3%) for Drawbridge Special Opportunities Advisors LLC, and 11,827,626 shares (10.1%) for Fortress Investment Group LLC and other entities in the ownership chain. These are separate entity-level attributions within that chain, not a combined share total. The percentages are based on 119,807,688 common shares outstanding as of August 6, 2026.
Key Figures
Beneficial ownership:10,746,179 sharesPercent of class:9.2%Beneficial ownership:10,889,014 shares+4 more
7 metrics
Beneficial ownership10,746,179 sharesDrawbridge Special Opportunities Fund
Percent of class9.2%Drawbridge Special Opportunities Fund
Beneficial ownership10,889,014 sharesDrawbridge Special Opportunities Advisors LLC
Percent of class9.3%Drawbridge Special Opportunities Advisors LLC
Beneficial ownership11,827,626 sharesFortress Investment Group LLC and other entities in the ownership chain
Percent of class10.1%Fortress Investment Group LLC and other entities in the ownership chain
Common shares outstanding119,807,688 sharesAs of August 6, 2026; basis for the reported ownership percentages
Key Terms
beneficially own, Shared Voting Power, Shared Dispositive Power
3 terms
beneficially owntechnical
"may therefore be deemed to beneficially own the Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Shared Voting Powertechnical
"Shared Voting Power 10,746,179.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powertechnical
"Shared Dispositive Power 10,746,179.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many PLBY shares did Drawbridge report owning?
Drawbridge Special Opportunities Fund reported beneficial ownership of 10,746,179 shares, or 9.2%; Drawbridge Special Opportunities Advisors LLC reported 10,889,014 shares, or 9.3%. These are separately reported amounts for related entities in the ownership chain.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Playboy, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
72814P109
(CUSIP Number)
09/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Drawbridge Special Opportunities Fund LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,746,179.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,746,179.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,746,179.00
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)
9.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Drawbridge Special Opportunities Advisors 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,889,014.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,889,014.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,889,014.00
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)
9.3 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Drawbridge Special Opportunities GP 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,746,179.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,746,179.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,746,179.00
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)
9.2 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FIG 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Fortress Principal Investment Holdings IV 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,746,179.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,746,179.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,746,179.00
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)
9.2 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Fortress Operating Entity I LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
PN, HC
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FIG Blue 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Fortress Investment Group 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FINCO I Intermediate Holdco 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FINCO I 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FIG Parent, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
Foundation Holdco LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
72814P109
1
Names of Reporting Persons
FIG Buyer GP, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,827,626.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,827,626.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,827,626.00
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)
10.1 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Playboy, Inc.
(b)
Address of issuer's principal executive offices:
10960 Wilshire Blvd., Suite 2200, Los Angeles, California 90024
Item 2.
(a)
Name of person filing:
This statement is filed with respect to the Common Stock, par value $0.0001 per share (the "Common Stock") of Playboy, Inc. (the "Issuer") by the following (collectively, the "Reporting Persons"):
I. Drawbridge Special Opportunities Fund LP ("DBSO"), a Delaware limited partnership, which directly holds Common Stock and is the direct or indirect holder of membership interests in certain entities that hold Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
II. Drawbridge Special Opportunities Advisors LLC ("DBSO Advisors"), a Delaware limited liability company, which is the investment adviser to DBSO and investment manager to an entity that holds Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
III. Drawbridge Special Opportunities GP LLC ("DBSO GP"), a Delaware limited liability company, which is the general partner of DBSO and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
IV. FIG LLC, a Delaware limited liability company, which is the holder of all membership interests in DBSO Advisors and another investment adviser to certain investment funds that hold Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
V. Fortress Principal Investment Holdings IV LLC ("FPI IV"), a Delaware limited liability company, which is the managing member of DBSO GP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
VI. Fortress Operating Entity I LP ("FOE"), a Delaware limited partnership, which is the holder of all of the issued and outstanding membership interests of FIG LLC and FPI IV and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
VII. FIG Blue LLC ("FIG Blue"), a Delaware limited liability company, which is the general partner of FOE and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
VIII. Fortress Investment Group LLC ("Fortress"), a Delaware limited liability company, which is the sole member of FIG Blue and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
IX. FINCO I Intermediate Holdco LLC ("FINCO Intermediate"), a Delaware limited liability company, which is the sole member of Fortress and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
X. FINCO I LLC ("FINCO"), a Delaware limited liability company, which is the sole member of FINCO Intermediate and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
XI. FIG Parent, LLC ("FIG Parent"), a Delaware limited liability company, which is the sole member of FINCO and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
XII. Foundation Holdco LP ("Foundation"), a Delaware limited partnership, which is the sole member of FIG Parent, LLC and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; and
XIII. FIG Buyer GP, LLC, a Delaware limited liability company, which is the general partner of Foundation and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby.
(b)
Address or principal business office or, if none, residence:
The address of the principal office of each Reporting Person is: c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.
(c)
Citizenship:
See Row 4 of each of the cover pages.
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
72814P109
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:
See Row 9 of each of the cover pages.
(b)
Percent of class:
See Row 11 of each of the cover pages. The percentages set forth herein are calculated based upon 119,807,688 shares of Common Stock outstanding as of August 6, 2026, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 10, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Row 5 of each of the cover pages.
(ii) Shared power to vote or to direct the vote:
See Row 6 of each of the cover pages.
(iii) Sole power to dispose or to direct the disposition of:
See Row 7 of each of the cover pages.
(iv) Shared power to dispose or to direct the disposition of:
See Row 8 of each of the cover pages.
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.
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.
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.
Drawbridge Special Opportunities Fund LP
Signature:
/s/ David N. Brooks
Name/Title:
By Drawbridge Special Opportunities GP LLC, its general partner By: David N. Brooks, Secretary
Date:
10/28/2026
Drawbridge Special Opportunities Advisors LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
Drawbridge Special Opportunities GP LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
FIG LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
Fortress Principal Investment Holdings IV LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, General Counsel
Date:
10/28/2026
Fortress Operating Entity I LP
Signature:
/s/ David N. Brooks
Name/Title:
By FIG Blue LLC, its general partner By: David N. Brooks, Secretary
Date:
10/28/2026
FIG Blue LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
Fortress Investment Group LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
FINCO I Intermediate Holdco LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
FINCO I LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
FIG Parent, LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
Foundation Holdco LP
Signature:
/s/ David N. Brooks
Name/Title:
By FIG Buyer GP, LLC, its general partner By: David N. Brooks, Secretary
Date:
10/28/2026
FIG Buyer GP, LLC
Signature:
/s/ David N. Brooks
Name/Title:
David N. Brooks, Secretary
Date:
10/28/2026
Comments accompanying signature: Joint Filing Agreement, dated as of February 5, 2025, incorporated by reference into this Amendment No. 3 to Schedule 13G
