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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
Cumulus Media Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0000001 per share
(Title of Class of Securities)
231082801
(CUSIP Number)
July 21, 2023
(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. 231082801
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1.
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NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Renew Group Private Ltd.
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☐
(b) ☐ |
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Singapore
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH:
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5.
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SOLE VOTING POWER
829,618* |
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6.
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SHARED VOTING POWER
0 |
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7.
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SOLE DISPOSITIVE POWER
829,618* |
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8.
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SHARED DISPOSITIVE POWER
0 |
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 829,618*
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES |
☐
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.15%*
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12.
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TYPE OF REPORTING PERSON
CO
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* The shares reported herein are the shares held as of the close of business on July 21, 2023, with the ownership percentage determined using publicly
available information regarding the shares reported as outstanding as of June 14, 2023.
| ITEM 1(a). |
NAME OF ISSUER:
Cumulus Media Inc. (the “Issuer”) |
| ITEM 1(b). |
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
780 Johnson Ferry Road, NE, Suite 500, Atla nta, Georgia 30342 |
| ITEM 2(a). |
NAME OF PERSON FILING:
Renew Group Private Ltd. (“Renew Group”) |
| ITEM 2(b). |
ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
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The address of the principal business office of Renew Group is 6 Serangoon North Avenue 5 #06-01 Singapore, Singapore 554910.
| ITEM 2(c) |
CITIZENSHIP:
The place of organization of Renew Group is Singapore. |
| ITEM 2(d). |
TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $0.0000001 per share (“Common Stock”) |
| ITEM 2(e). |
CUSIP NUMBER:
231082801 |
| ITEM 3. |
IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13D-1(B), OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
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| ITEM 4. |
OWNERSHIP:
Items 5-11 of the cover page is incorporated herein by reference.
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| ITEM 5. |
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable |
| ITEM 6. |
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
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See Item 4.
| ITEM 7. |
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON:
See Items 3 and 4. |
| ITEM 8. |
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable |
| ITEM 9. |
NOTICE OF DISSOLUTION OF GROUP:
Not Applicable |
| ITEM 10. |
CERTIFICATION:
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. |
LIST OF EXHIBITS
None.
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: July 25, 2023
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RENEW GROUP PRIVATE LTD.
By: /s/ Ravinder Sajwan
Name: Ravinder Sajwan
Title: Chief Executive Officer
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