SC 13D/A 1 formsc13da.htm SCHEDULE 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)

 

GLORY STAR NEW MEDIA GROUP HOLDINGS

(Name of Issuer)

 

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

 

G88950 103

(CUSIP Number)

 

Alexander Donnelly

Maven Investment Partners Ltd

Level 7, 155 Bishopsgate

London, United Kingdom, EC2M 3TQ

+44 20 3763 2003

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

February 13, 2023

(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. o

 

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.

 

 

 

 

 

 

CUSIP No. G88950 103

 

1   

NAME OF REPORTING PERSONS

Maven Investment Partners Ltd (“MIPL”)
2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o (b) x
3  

SEC USE ONLY

 
4  

SOURCE OF FUNDS

 WC
5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 
6  

CITIZENSHIP OR PLACE OF ORGANIZATION

United Kingdom

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH REPORTING

PERSON

WITH 

   7   

SOLE VOTING POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”) and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.
  8  

SHARED VOTING POWER

0
  9  

SOLE DISPOSITIVE POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”) and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.
  10  

SHARED DISPOSITIVE POWER

0

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,356,565
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.93%(1)
14.  

TYPE OF REPORTING PERSON

CO
(1) Based on 68,124,402 ordinary shares issued and outstanding as of June 30, 2022

 

2

 

 

 CUSIP No. G88950 103

 

1   

NAME OF REPORTING PERSONS

Ian Mark Toon (“Ian”)
2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o (b) x
3  

SEC USE ONLY

 
4  

SOURCE OF FUNDS

 OO
5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 
6  

CITIZENSHIP OR PLACE OF ORGANIZATION

United Kingdom

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH REPORTING

PERSON

WITH 

   7   

SOLE VOTING POWER

0
  8  

SHARED VOTING POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.
  9  

SOLE DISPOSITIVE POWER

0
  10  

SHARED DISPOSITIVE POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,356,565
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.93%(1)
14.  

TYPE OF REPORTING PERSON

CO
(1) Based on 68,124,402 ordinary shares issued and outstanding as of June 30, 2022

 

3

 

 

 CUSIP No. G88950 103

 

1   

NAME OF REPORTING PERSONS

Ivan Ivanov Koedjikov (“Ivan”)
2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o (b) x
3  

SEC USE ONLY

 
4  

SOURCE OF FUNDS

 OO
5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 
6  

CITIZENSHIP OR PLACE OF ORGANIZATION

Bulgaria

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH REPORTING

PERSON

WITH 

   7   

SOLE VOTING POWER

0
  8  

SHARED VOTING POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.
  9  

SOLE DISPOSITIVE POWER

0
  10  

SHARED DISPOSITIVE POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,356,565
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.93%(1)
14.  

TYPE OF REPORTING PERSON

CO
30
(1) Based on 68,124,402 ordinary shares issued and outstanding as of June 30, 2022

 

4

 

 

 CUSIP No. G88950 103

 

1   

NAME OF REPORTING PERSONS

Benjamin Nur Huda (“Ben”)
2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o (b) x
3  

SEC USE ONLY

 
4  

SOURCE OF FUNDS

 OO
5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 
6  

CITIZENSHIP OR PLACE OF ORGANIZATION

Australia

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH REPORTING

PERSON

WITH 

   7   

SOLE VOTING POWER

0
  8  

SHARED VOTING POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.
  9  

SOLE DISPOSITIVE POWER

0
  10  

SHARED DISPOSITIVE POWER

3,356,565 ordinary shares that are owned directly MIPL. Ian Mark Toon (“Ian”), Ivan Ivanov Koedjikov (“Ivan”)and Benjamin Nur Huda (“Ben”),the directors of MIPL, may be deemed to have shared investment discretion and voting power in respect to these shares.

11  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,356,565
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
13  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.93%(1)
14.  

TYPE OF REPORTING PERSON

CO
(1) Based on 68,124,402 ordinary shares issued and outstanding as of June 30, 2022

 

5

 

 

 

This Amendment No. 2 (this “Amendment”) amends and supplements the statement on Schedule 13D (the “Schedule 13D”) filed by Maven Investment Partners Ltd (“MIPL”) on October 04,2022 and the Amended Schedule 13D/A filed on November 04,2022.

Item 5. Interest in Securities of the Issuer.

 

Item 5 of the Schedule 13D is hereby supplemented with the following information:

 

(c)

Date Action Total Quantity Price per share
15 December 2022 Buy 5,814 1.4818
16 December 2022 Buy 3,400 1.4868
19 December 2022 Buy 2,510 1.49
20 December 2022 Buy 2,500 1.49
21 December 2022 Buy 2,500 1.49
22 December 2022 Buy 7,500 1.4817
23 December 2022 Buy 8,000 1.4738
27 December 2022 Sold 1,795 1.4702
30 December 2022 Buy 2,800 1.45
04 January 2023 Buy 12 1.4167
05 January 2023 Sold 10,100 1.4501
06 January 2023 Buy 1,000 1.42
09 January 2023 Sold 29,500 1.3672
10 January 2023 Sold 11,500 1.3506
11 January 2023 Sold 14,000 1.3293
12 January 2023 Sold 1,300 1.3162
13 January 2023 Sold 21,500 1.2829
17 January 2023 Sold 19,299 1.2745
18 January 2023 Sold 23,580 1.2894
19 January 2023 Sold 33,600 1.27
20 January 2023 Sold 20,500 1.273
23 January 2023 Sold 13,500 1.2699
24 January 2023 Sold 12,721 1.2699
25 January 2023 Sold 62,900 1.2799
26 January 2023 Sold 17,129 1.277
27 January 2023 Sold 52,881 1.1933
30 January 2023 Sold 16,000 1.1798
31 January 2023 Sold 7,500 1.1532
01 February 2023 Sold 5,686 1.16
02 February 2023 Sold 4,557 1.1347
03 February 2023 Sold 22,000 1.1325
06 February 2023 Sold 31,500 1.0656
07 February 2023 Sold 47,379 0.9557
08 February 2023 Sold 163,179 0.9545
09 February 2023 Sold 153,500 0.9901
10 February 2023 Sold 8,000 0.9689
13 February 2023 Sold 82,224 0.9495

6

 

 

SIGNATURES

 

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2023

 

MAVEN INVESTMENT PARTNERS LTD  
   
/s/ IAN MARK TOON  
Name: IAN MARK TOON  
Title: DIRECTOR  
   
/s/ IAN MARK TOON  
IAN MARK TOON  
   
/s/ IVAN IVANOV KOEDJIKOV  
IVAN IVANOV KOEDJIKOV  
 
/s/ BENJAMIN NUR HUDA  
BENJAMIN NUR HUDA  
 

 

 

7