UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 
 
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 4)
[Rule 13d-101]
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2(a)
 
 
RLJ Entertainment, Inc.
(Name of Issuer)
 
Common Stock, Par Value $0.001 Per Share
(Title of Class of Securities)
 
74965F203
(CUSIP Number)
 
Dayton Judd
Sudbury Capital Fund, LP
136 Oak Trail
Coppell, Texas 75019
972-304-5000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
October 31, 2018
(Date of Event Which Requires Filing of this Statement)
 
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐
 
Note . Schedules filed in paper format shall include a signed original and five copes of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
 
*
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 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 ).
 
 
 
 
 
 
  1 
 
NAMES OF REPORTING PERSONS
 
Dayton Judd
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)  ☐        (b)  ☒
 
  3
 
SEC USE ONLY
    
 
  4
 
SOURCE OF FUNDS (see instructions)
 
N/A
  5
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)  ☐
    
 
  6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States of America
NUMBER OF
SHARES
BENEFICIALLY  
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  
  7 
  
SOLE VOTING POWER
 
0
  
  8
  
SHARED VOTING POWER
 
0
  
  9
  
SOLE DISPOSITIVE POWER
 
0
  
10  
  
SHARED DISPOSITIVE POWER
 
0
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
12
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)  ☐
    
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
14
 
TYPE OF REPORTING PERSON (See Instructions)
 
IN
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  1 
 
NAMES OF REPORTING PERSONS
 
Sudbury Capital Fund, LP
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)  ☐        (b)  ☒
 
  3
 
SEC USE ONLY
 
  4
 
SOURCE OF FUNDS (see instructions)
 
N/A
  5
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)  ☐
 
    
  6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY  
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  
  7 
  
SOLE VOTING POWER
 
0
  
  8
  
SHARED VOTING POWER
 
0
  
  9
  
SOLE DISPOSITIVE POWER
 
0
  
10  
  
SHARED DISPOSITIVE POWER
 
0
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
12
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)  
    
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
14
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
 
 
 
 
 
 
 
 
 
 
  1 
 
NAMES OF REPORTING PERSONS
 
Sudbury Holdings, LLC
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)  ☐        (b)  ☒
 
  3
 
SEC USE ONLY
 
  4
 
SOURCE OF FUNDS (see instructions)
 
N/A
  5
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)  ☐
 
 
  6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY  
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  
  7 
  
SOLE VOTING POWER
 
0
  
  8
  
SHARED VOTING POWER
 
0
  
  9
  
SOLE DISPOSITIVE POWER
 
0
  
10  
  
SHARED DISPOSITIVE POWER
 
0
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
12
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)  ☐
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
14
 
TYPE OF REPORTING PERSON (See Instructions)
 
HC
 
 
 
 
 
 
 
 
  1 
 
NAMES OF REPORTING PERSONS
 
Sudbury Capital GP, LP
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)  ☐        (b)  ☒
 
  3
 
SEC USE ONLY
 
  4
 
SOURCE OF FUNDS (see instructions)
 
N/A
  5
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)OR 2(e)  ☐
 
 
  6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY  
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  
  7 
  
SOLE VOTING POWER
 
0
  
  8
  
SHARED VOTING POWER
 
0
  
  9
  
SOLE DISPOSITIVE POWER
 
0
  
10  
  
SHARED DISPOSITIVE POWER
 
0
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
12
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)  ☐
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
14
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
 
 
 
 
 
 
 
  1 
 
NAMES OF REPORTING PERSONS
 
Sudbury Capital Management, LLC
  2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a)  ☐        (b)  ☒
 
  3
 
SEC USE ONLY
 
  4
 
SOURCE OF FUNDS (see instructions)
 
N/A
  5
 
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d)OR 2(e)  ☐
 
 
  6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY  
OWNED BY
EACH
REPORTING
PERSON
WITH
 
  
  7 
  
SOLE VOTING POWER
 
0
  
  8
  
SHARED VOTING POWER
 
0
  
  9
  
SOLE DISPOSITIVE POWER
 
0
  
10  
  
SHARED DISPOSITIVE POWER
 
0
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
12
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)  ☐
 
    
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
14
 
TYPE OF REPORTING PERSON (See Instructions)
 
OO; IA
 
 
 
 
 
 
ITEM 1.
SECURITY AND ISSUER.
 
This Amendment No. 4 to Schedule 13D (this “Amendment”) relates to the Common Stock, par value $0.001 per share (the “Common Stock”), of RLJ Entertainment, Inc., a Nevada corporation (the “Company”), and amends and supplements the statement on Schedule 13D originally filed in duplicate by the Reporting Persons on May 22, 2015, as amended by that certain Amendment No. 1 to Schedule 13D filed on January 19, 2017, as amended by that certain Amendment No. 2 filed on October 6, 2017 (duplicate filed on October 10, 2017), and as amended by that certain Amendment No. 3 filed on October 11, 2018 (as amended, the “Prior Schedule 13D”). Except as otherwise specified in this Amendment, all items left blank remain unchanged in all material respects and any items that are reported are deemed to amend and restate the corresponding items in the Prior Schedule 13D. Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings ascribed to them in the Prior Schedule 13D.
 
ITEM 5.
INTEREST IN SECURITIES OF ISSUER.
 
Item 5 of the Prior Schedule 13D is hereby amended and restated as follows:
 
 
 
(a)
Each of the Reporting Persons beneficially owns zero shares of Common Stock.
 
 
(b)
The number of shares of Common Stock to which each Reporting Person has:
 
 
 
(i) Sole power to vote or to direct the vote: 0
 
 
 
(ii) Shared power to vote or to direct the vote: 0
 
 
 
(iii)   Sole power to dispose or to direct the disposition: 0
 
 
 
(iv)   Shared power to dispose or to direct the disposition: 0
 
 
(c)
On October 31, 2018, the Company completed the merger pursuant to that certain Agreement and Plan of Merger, dated as of July 29, 2018, as subsequently amended, by and among the Company, AMC Networks Inc. (“AMC”), Digital Entertainment Holdings LLC, and River Merger Sub Inc., a wholly owned subsidiary of AMC, whereby River Merger Sub Inc. merged with and into the Company, with the Company surviving as a wholly owned subsidiary of AMC (the “Merger”). As a result of the Merger, the Company amended and restated its articles of incorporation such that the total number of authorized shares of the Common Stock is 1,000 shares. Additionally, as a result of the Merger, the Common Stock ceased trading on the NASDAQ Capital Market upon the close of trading on October 31, 2018, and became eligible for termination of registration under the Securities Exchange Act of 1934 (the “Exchange Act”).
 
Upon effectiveness of the Merger, by virtue of the Merger and without any action on the part of any stockholders of the Company, each share of Common Stock issued and outstanding immediately prior to the effective time of the Merger was automatically converted into the right to receive a specified amount in cash, and each share of Common Stock issuable upon the exercise of warrants or subject to restricted stock awards outstanding immediately prior to the effective time of the Merger was automatically converted into the right to receive a specified amount in cash. Additionally, each share of preferred stock outstanding immediately prior to the effective time of the Merger was automatically converted into the right to receive, at the holder’s option, (i) a specified amount in cash or (ii) a security of the successor entity, in each case as provided in the certificate of designations of the preferred stock.
 
As a result of the completion of the Merger, none of the Reporting Persons beneficially owns any securities of the Company, as the surviving company of the Merger, that is or will continue to be registered under the Exchange Act.
 
 
(d)
Not applicable.
 
 
(e)
Each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the registered class of Common Stock on October 31, 2018.
 
 
 
 
 
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.
 
 
 
Date: N ovember 5, 2018
DAYTON JUDD
 
 
 
/s/ Dayton Judd
 
 
 
 
SUDBURY CAPITAL FUND, LP
 
 
 
By: Sudbury Capital GP, LP,
its General Partner
 
 
 
By: Sudbury Holdings, LLC
its General Partner
 
 
 
/s/ Dayton Judd
 
Dayton Judd
 
Title: Sole Member
 
 
 
 
SUDBURY CAPITAL GP, LP
 
 
 
By: Sudbury Holdings, LLC
its General Partner
 
 
 
/s/ Dayton Judd
 
Dayton Judd
 
Title: Sole Member
 
 
 
 
SUDBURY HOLDINGS, LLC
 
 
 
/s/ Dayton Judd
 
Dayton Judd
 
Title: Sole Member
 
 
 
 
SUDBURY CAPITAL MANAGEMENT, LLC
 
 
 
/s/ Dayton Judd
 
Dayton Judd
 
Title: Managing Member
 
 
 
 
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