Global Value Investment Corp. Amends RMCF Stake on Jan 31

TL;DR

**Big investor Global Value Investment Corp. just updated their stake in Rocky Mountain Chocolate Factory.**

AI Summary

Global Value Investment Corp. (GVIC) filed an Amendment No. 10 to its Schedule 13D on February 2, 2024, indicating a change in their beneficial ownership of Rocky Mountain Chocolate Factory, Inc. (RMCF) common stock. The filing states that the event requiring this amendment occurred on January 31, 2024. This matters to investors because GVIC is a significant shareholder, and changes in their holdings or intentions can signal their confidence in RMCF's future or potential strategic moves.

Why It Matters

This filing updates the public on a major shareholder's position, which can influence market perception and potentially signal future actions like further buying, selling, or activist engagement.

Risk Assessment

Risk Level: low — This filing is an amendment to an existing disclosure, indicating a change in a major shareholder's position, which is generally a routine update unless significant changes in ownership or intent are declared.

Analyst Insight

Investors should review the full SC 13D/A filing to understand the specific changes in Global Value Investment Corp.'s beneficial ownership and any stated intentions, as this could impact their investment thesis for Rocky Mountain Chocolate Factory, Inc.

Key Players & Entities

• Global Value Investment Corp. (company) — the entity filing the SC 13D/A Amendment No. 10
• Rocky Mountain Chocolate Factory, Inc. (company) — the subject company whose common stock is being reported
• January 31, 2024 (date) — the date of the event requiring the filing
• February 2, 2024 (date) — the filing date of the SC 13D/A Amendment No. 10
• $0.001 (dollar_amount) — par value per share of Rocky Mountain Chocolate Factory, Inc. Common Stock

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o
• $6,446,096.26 — Common Stock acquired was approximately $6,446,096.26 (excluding commissions). Item 5. Inte
• $4.09 — 4 Purchase of Common Stock 72,491 $4.09 (1) Mr. Jeffrey Geygan 01/31/2024
• $4.08 — 4 Purchase of Common Stock 31,030 $4.08 (1) Ms. Stacy Wilke 02/01/2024 Pu

Filing Documents

• g22248sc13da10.htm (SC 13D/A) — 108KB
• 0001214659-24-001778.txt ( ) — 110KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration.

is amended and restated as follows

Item 3 is amended and restated as follows: All of the shares of Common Stock to which this Statement relates were purchased on behalf of the applicable Reporting Persons using the investment or personal capital of the Reporting Persons. Such shares of Common Stock are or may be held from time to time in margin accounts established with their respective brokers or banks, and a portion of the purchase price for the Common Stock may have been obtained through margin borrowing. Common Stock positions held in margin accounts may be pledged as collateral security for the repayment of debit balances in the margin accounts. The aggregate purchase price of the 1,057,972 shares of Common Stock acquired was approximately $6,446,096.26 (excluding commissions).

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

is amended and restated as follows

Item 5 is amended and restated as follows: (a) and (b) The responses of the Reporting Persons to rows 7, 8, 9, 10, 11 and 13 on the cover pages of this 2, 2024, the Reporting Persons beneficially owned 1,057,972 shares of Common Stock, representing approximately 16.75% of the outstanding shares of Common Stock. The percentage in this paragraph relating to beneficial ownership of Common Stock is based on 6,315,259 shares of Common Stock outstanding as of January 15, 2024, as reported in the Form 10-Q for the fiscal quarter ended November 30, 2023, of the Issuer. Each Reporting Person, as a member of a “group” with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed to be the beneficial owner of the shares of Common Stock directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial (c) Except as set forth in Schedule A, none of the Reporting Persons has effected any transactions in the Common Stock in the 60 days prior to the date of this Statement. (d) No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock covered by this Statement. (e) Not applicable. Page 10 of 12

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct. Dated: February 2, 2024 GLOBAL VALUE INVESTMENT CORP. By: /s/ Jeffrey R. Geygan Name: Jeffrey R. Geygan Title: Chief Executive Officer GVP 2021-A, L.P. By GVP 2021-A, L.L.C. By GLOBAL VALUE INVESTMENT CORP. By: /s/ Jeffrey R. Geygan Name: Jeffrey R. Geygan Title: Chief Executive Officer GVP 2021-A, L.L.C. By GLOBAL VALUE INVESTMENT CORP. By: /s/ Jeffrey R. Geygan Name: Jeffrey R. Geygan Title: Chief Executive Officer /s/ Jeffrey R. Geygan Jeffrey R. Geygan /s/ James P. Geygan James P. Geygan /s/ Stacy A. Wilke Stacy A. Wilke /s/ Kathleen M. Geygan Kathleen M. Geygan /s/ Shawn G. Rice Shawn G. Rice Page 11 of 12 Schedule A Transactions by the Reporting Persons in the Past 60 Days The following table sets forth all transactions with respect to the Common Stock effected in the last 60 days by or on behalf of the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., Eastern time, on February 2, 2024. Unless otherwise indicated, all such transactions were effected in the open market. Person Effecting the Transaction Transaction Date Nature of Transaction Securities Transacted Price per Share GVIC 01/31/2024 Purchase of Common Stock 72,491 $4.09 (1) Mr. Jeffrey Geygan 01/31/2024 Purchase of Common Stock 745 $4.09 (1) Ms. Kathleen Geygan 01/31/2024 Purchase of Common Stock 625 $4.09 (1) Ms. Stacy Wilke 01/31/2024 Purchase of Common Stock 555 $4.09 (1) Mr. Shawn Rice 01/31/2024 Purchase of Common Stock 425 $4.09 (1) GVIC 02/01/2024 Purchase of Common Stock 31,030 $4.08 (1) Ms. Stacy Wilke 02/01/2024 Purchase of Common Stock 50 $4.08 (1) Mr. Shawn Rice 02/01/2024 Purchase of Common Stock 1,120 $4.08 (1) GVIC 02/0

View Full Filing

View this SC 13D/A filing on SEC EDGAR