Impact Prosperity Partners Takes 19.9% Stake in Wilhelmina Intl.

TL;DR

**Impact Prosperity Partners just bought a huge 19.9% chunk of Wilhelmina International!**

AI Summary

Impact Prosperity Partners, LLC, along with ADS Manager, LLC, Anna Simpson, Impact Services, LLC, and Rajesh Gupta, reported a new passive stake in Wilhelmina International, Inc. (WHLM) as of December 29, 2023. This group now collectively owns 1,000,000 shares of WHLM's Common Stock, representing 19.9% of the company. This significant stake indicates a strong belief in Wilhelmina's future, which could signal potential growth or strategic changes for current and prospective shareholders.

Why It Matters

A large, new investor group taking a nearly 20% stake can influence company strategy and potentially drive stock performance, making it crucial for investors to monitor their actions.

Risk Assessment

Risk Level: low — This filing indicates a new, significant passive investment, which generally carries a low risk for existing shareholders as it's not an activist stake.

Analyst Insight

Investors should monitor future filings from Impact Prosperity Partners, LLC for any changes in their stake or stated intentions, as a nearly 20% passive stake could evolve into a more active role, potentially influencing company strategy and stock performance.

Key Numbers

• 1,000,000 — Shares Beneficially Owned (Total shares held by the reporting group in Wilhelmina International, Inc.)
• 19.9% — Percentage of Class Owned (The significant stake held by the reporting group in Wilhelmina International, Inc.)

Key Players & Entities

• Impact Prosperity Partners, LLC (company) — filer and reporting person
• Wilhelmina International, Inc. (company) — subject company (issuer)
• ADS Manager, LLC (company) — group member
• Anna Simpson (person) — group member
• Impact Services, LLC (company) — group member
• Rajesh Gupta (person) — group member
• 1,000,000 (dollar_amount) — shares beneficially owned
• 19.9% (dollar_amount) — percentage of class owned
• December 29, 2023 (date) — date of event requiring filing

Forward-Looking Statements

• The significant stake taken by Impact Prosperity Partners, LLC could lead to increased scrutiny of Wilhelmina International's management and strategic direction. (Wilhelmina International, Inc.) — medium confidence, target: Within 6-12 months
• The stock price of Wilhelmina International, Inc. may experience increased volatility due to the new large shareholder, especially if their intentions become more active. (Wilhelmina International, Inc.) — medium confidence, target: Within 3 months

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o

Filing Documents

• tm244538d1_sc13g.htm (SC 13G) — 68KB
• tm244538d1_ex1.htm (EX-99.1) — 6KB
• 0001104659-24-008102.txt ( ) — 76KB

If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b)

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); (k) Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: Page 7 of 11

Ownership

Item 4. Ownership. See Items 5-9 and 11 on the cover page for each Reporting Person, and Item 2, which information is given as of the close of business on the Event Date, and remains accurate as of the close of business on the date of filing of this Schedule 13G. The percentages of beneficial ownership contained herein are based on 5,157,344 shares of Common Stock outstanding as of November 9, 2023, as reported by the Issuer in its Form 10-Q filed with the SEC on November 9, 2023.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:

Ownership of More than Five Percent on Behalf of Another

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary Which

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable. Page 8 of 11

Certification

Item 10. Certification. (a) Not applicable. (b) Not applicable. (c) 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. Page 9 of 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. Dated: January 30, 2024 Impact Prosperity Partners, LLC Impact Services, LLC By: /s/ Rajesh Gupta Name: Rajesh Gupta Title: Authorized Signatory ADS Manager, LLC By: /s/ Anna Simpson Name: Anna Simpson Title: Authorized Signatory /s/ Rajesh Gupta Rajesh Gupta /s/ Anna Simpson Anna Simpson Page 10 of 11 EXHIBIT INDEX Exhibit No. Document 1 Joint Filing Agreement Page 11 of 11

View Full Filing

View this SC 13G filing on SEC EDGAR