Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Loral Space & Communications Inc. |
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(Name of Issuer) |
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Voting common stock, par value $0.01 per share |
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(Title of Class of Securities) |
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543881106 |
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(CUSIP Number) |
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December 31, 2020 |
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(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☒ Rule 13d-1(b)
☐ Rule 13d-1(c)
☐ Rule 13d-1(d)
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CUSIP No. 543881106
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13G |
Page 2 of 6 |
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1 |
NAME OF REPORTING PERSONS |
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ☐ |
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3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
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NUMBER OF |
5 |
SOLE VOTING POWER 0 |
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| SHARES BENEFICIALLY |
6 |
SHARED VOTING POWER 473,375 |
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| OWNED BY EACH |
7 |
SOLE DISPOSITIVE POWER 0 |
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| REPORTING PERSON WITH |
8 |
SHARED DISPOSITIVE POWER 473,375 |
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
473,375 |
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10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.2% |
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12 |
TYPE OF REPORTING PERSON*
IA, PN |
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.
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CUSIP No. 543881106
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13G |
Page 3 of 6 |
SCHEDULE 13G/A
This Schedule 13G (this “Schedule 13G”) is being filed on behalf of Highland Capital Management Fund Advisors, L.P., a Delaware limited partnership.
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Item 1(a) |
Name of Issuer. |
| Loral Space & Communications, Inc. |
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Item 1(b) |
Address of Issuer’s Principal Executive Offices. |
| 600 Fifth Avenue, New York, NY |
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Item 2(a) |
Name of Person Filing. |
| Highland Capital Management Fund Advisors, L.P. |
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Item 2(b) |
Address of Principal Business Office, or, if none, Residence. |
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300 Crescent Court, Suite 700 Dallas, Texas 75201 |
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Item 2(c) |
Citizenship or Place of Organization. |
| Highland Capital Management Fund Advisors, L.P. is a Delaware limited partnership. |
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Item 2(d) |
Title of Class of Securities. |
| Common Stock, par value $0.01 per share |
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Item 2(e) |
CUSIP Number. |
| 543881106 |
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Item 3 |
Reporting Person. |
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CUSIP No. 543881106
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13G |
Page 4 of 6 |
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), 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 advisor 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 association 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) |
☐ |
Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
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Item 4 |
Ownership. |
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(a) |
Amount beneficially owned: |
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| Highland Capital Management Fund Advisors, L.P.: 473,375 |
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(b) |
Percent of Class: |
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| Highland Capital Management Fund Advisors, L.P.: 2.2% |
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(c) |
Number of shares as to which the person has: |
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(i) |
Sole power to vote or to direct the vote: |
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| Highland Capital Management Fund Advisors, L.P.: 0 |
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CUSIP No. 543881106
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13G |
Page 5 of 6 |
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(ii) |
Shared power to vote or direct the vote: |
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| Highland Capital Management Fund Advisors, L.P.: 473,375 |
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(iii) |
Sole power to dispose or to direct the disposition of: |
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| Highland Capital Management Fund Advisors, L.P.: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: |
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| Highland Capital Management Fund Advisors, L.P.: 473,375 |
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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 [ X ] |
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Item 6 |
Ownership of More Than Five Percent on Behalf of Another Person. |
| Inapplicable. |
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Item 7 |
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company. |
| Inapplicable. |
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Item 8 |
Identification and Classification of Members of the Group. |
| Inapplicable. |
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Item 9 |
Notice of Dissolution of Group. |
| Inapplicable. |
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Item 10 |
Certification. |
| By signing below each of the Reporting Persons certifies that, to the best of such person’s 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. |
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CUSIP No. 543881106
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13G |
Page 6 of 6 |
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.
Date: February 12, 2021
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HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. |
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By: Strand Advisors XVI, Inc., its general partner |
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By: |
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/s/ James D. Dondero |
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Name: James D. Dondero |
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Title: Sole Member |
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