Magnolia Capital Fund Amends Old Market Capital Stake

Ticker: OMCC · Form: SC 13D/A · Filed: Dec 17, 2024 · CIK: 1000045

Sentiment: neutral

Topics: 13D-filing, amendment, ownership-change

TL;DR

Magnolia Capital Fund updated its stake in Old Market Capital. Keep an eye on this.

AI Summary

Magnolia Capital Fund, LP has amended its Schedule 13D filing concerning Old Market Capital Corporation. The filing, dated December 13, 2024, indicates a change in beneficial ownership. Magnolia Capital Fund, LP is based in Omaha, Nebraska.

Why It Matters

This amendment signals a potential shift in control or investment strategy by Magnolia Capital Fund, LP regarding Old Market Capital Corporation, which could impact the stock's future performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased stock volatility.

Key Players & Entities

FAQ

What is the CUSIP number for Old Market Capital Corporation's common stock?

The CUSIP number for Old Market Capital Corporation's common stock is 65373A109.

What is the filing date of this Schedule 13D/A amendment?

The date of the event which requires filing of this statement is December 13, 2024.

What is the business address of Old Market Capital Corporation?

The business address of Old Market Capital Corporation is 1601 Dodge St., Suite 3350, Omaha, Nebraska 68102.

Who is the person authorized to receive notices and communications for this filing?

The person authorized to receive notices and communications is listed at 1601 Dodge Street, Suite 3350, Omaha, Nebraska 68102.

What was the former company name of Old Market Capital Corporation?

The former company name of Old Market Capital Corporation was NICHOLAS FINANCIAL INC, with a date of name change on 19950829.

Filing Stats: 2,066 words · 8 min read · ~7 pages · Grade level 8.7 · Accepted 2024-12-17 19:20:03

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 fp0091410-1_sc13da.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 13) Old Market Capital Corporation (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 65373A109 (CUSIP Number) 1601 Dodge Street, Suite 3350 Omaha, Nebraska 68102 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 13, 2024 (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 [ X ]. Note : Schedules filed in paper format shall include a signed original and five copies 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 ("Act") 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). Continued on following pages CUSIP No. 65373A109 13D Page 1 of 9 Pages 1. NAMES OF REPORTING PERSONS Magnolia 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) WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER (power for all SMAs) 2,499,067 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 2,499,067 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,499,067 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 37.6% 14. TYPE OF REPORTING PERSON (see instructions) PN CUSIP No. 65373A109 13D Page 2 of 9 Pages 1. NAMES OF REPORTING PERSONS The Magnolia Group, 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) WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6. CITIZENSHIP OR PLACE OF ORGANIZATION NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 2,499,067 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 2,499,067 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,499,067 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 37.6% 14. TYPE OF REPORTING PERSON (see instructions) IA CUSIP No. 65373A109 13D Page 3 of 9 Pages 1. NAMES OF REPORTING PERSONS Adam K. Peterson 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) WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 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 2,515,471 8. SHARED VOTING POWER 0 9. SOLE DISPOSITIVE POWER 2,515,471 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,515,471 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 37.8% 14. TYPE OF REPORTING PERSON (see instructions) IN CUSIP No. 65373A109 13D Page 4 of 9 Pages Item 1. Security and Issuer. This Capital Corporation (the “Issuer”). The address of the principal executive office of the Issuer is 1601 Dodge Street, Suite 3350, Omaha, Nebraska 68102. Item 2. Identity and Background. (a)-(c) This Schedule 13D is being jointly filed by Magnolia Capital Fund, LP (“MCF”), The Magnolia Group, LLC (“TMG”), a registered investment adviser, and Adam K. Peterson (each

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