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. Checkbox checked

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 (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D




Comment for Type of Reporting Person:
This Schedule 13D (this "Schedule 13D") is being filed on behalf of Gate City Capital Management, LLC, an Illinois limited liability company (the "Management Company") and Michael Melby. Mr. Melby serves as the managing member of the Management Company. The Management Company serves as an adviser to certain private investment funds and managed accounts (the "Funds"). This Schedule 13D relates to Common Shares (the "Common Shares") of Saga Communications Inc (the "Issuer") held by the Funds.


SCHEDULE 13D


 
Gate City Capital Management, LLC
 
Signature:/s/ Michael Melby
Name/Title:Michael Melby, Managing Member
Date:01/08/2025
 
Michael Melby
 
Signature:/s/ Michael Melby
Name/Title:Michael Melby, Managing Member
Date:01/08/2025
Comments accompanying 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. In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this joint filing agreement is attached, and have duly executed this joint filing agreement as of the date set forth below.

Schedule A

Transactions – Past 60 days

 

The Reporting Person effected the following transactions in the Stock in open market transactions on the dates indicated, and such transactions are the only transactions in the Stock by the Reporting Person during the sixty days prior to and including January 8, 2025 (date range: November 10, 2024 through January 8, 2025):

 

12/9/2024 Bought 1,655 shares at $11.7666
12/10/2024 Bought 23,014 shares at $11.8493
12/11/2024 Bought 4,334 shares at $11.8447
12/17/2024 Bought 10,797 shares at $11.884
12/18/2024 Bought 10,595 shares at $11.8978
12/19/2024 Bought 1,316 shares at $11.8896
12/20/2024 Bought 112,394 shares at $11.8997
12/27/2024 Bought 15,000 shares at $11.30
12/31/2024 Bought 240,609 shares at $11.2496