GVIC Amends RMCF Stake Disclosure

TL;DR

**Global Value Investment Corp. just updated their ownership filing for Rocky Mountain Chocolate Factory, Inc.**

AI Summary

Global Value Investment Corp. (GVIC) filed an Amendment No. 11 to its Schedule 13D on February 26, 2024, regarding its beneficial ownership in Rocky Mountain Chocolate Factory, Inc. (RMCF). The filing indicates that GVIC, along with its group members including James P. Geygan, Jeffrey R. Geygan, Kathleen M. Geygan, Shawn G. Rice, and Stacy A. Wilke, continues to report their holdings in RMCF. This amendment updates previous disclosures about their investment in the confectionery company.

Why It Matters

This filing updates the public record on a significant shareholder's position in Rocky Mountain Chocolate Factory, which can influence investor perception and potentially future corporate actions.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing, indicating ongoing disclosure rather than a new, sudden event.

Key Players & Entities

• Global Value Investment Corp. (company) — Filing entity
• Rocky Mountain Chocolate Factory, Inc. (company) — Subject company
• James P. Geygan (person) — Group member
• Jeffrey R. Geygan (person) — Group member
• Kathleen M. Geygan (person) — Group member
• Shawn G. Rice (person) — Group member
• Stacy A. Wilke (person) — Group member

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o
• $6,756,460.78 — Common Stock acquired was approximately $6,756,460.78 (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
• $3.99 — 24 Purchase of Common Stock 3,280 $3.99 (1) GVIC 02/08/2024 Purchase of C
• $4.00 — 2024 Purchase of Common Stock 189 $4.00 (1) GVIC 02/12/2024 Purchase of C
• $4.10 — 4 Purchase of Common Stock 21,763 $4.10 (1) GVIC 02/14/2024 Purchase of C
• $4.13 — 24 Purchase of Common Stock 5,867 $4.13 (1) GVIC 02/15/2024 Purchase of C
• $4.20 — 2024 Purchase of Common Stock 240 $4.20 (1) GVIC 02/20/2024 Purchase of C
• $4.37 — 24 Purchase of Common Stock 3,265 $4.37 (1) GVIC 02/22/2024 Purchase of C
• $4.32 — 4 Purchase of Common Stock 22,348 $4.32 (1) ______________________ (1) This

Filing Documents

• o226240sc13da11.htm (SC 13D/A) — 113KB
• 0001214659-24-003523.txt ( ) — 115KB

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 1,132,482 shares of Common Stock acquired was approximately $6,756,460.78 (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 Statement are incorporated herein by reference. As of 4:00 p.m., Eastern time, on February 26, 2024, the Reporting Persons beneficially owned 1,132,482 shares of Common Stock, representing approximately 17.93% 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 26, 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 26, 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

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