13D Filings
Lovesac Co
LOVE
Amendment
Ownership

6.00%

Total Shares

932,261

Issuer CIK

1701758

CUSIP

54738L109

Event Date

Mar 12, 2025

Accepted

Mar 25, 2025, 11:45 AM

Reporting Persons (6)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
Anson Funds Management LP
Investment Adviser
6.00%932,2610932,261
Anson Management GP LLC
Holding Company
6.00%932,2610932,261
Tony Moore
Individual
6.00%932,2610932,261
Anson Advisors Inc.
CO
6.00%932,2610932,261
Amin Nathoo
Individual
6.00%932,2610932,261
Moez Kassam
Individual
6.00%932,2610932,261
Disclosure Items (4)

Security Title

Common Stock, par value $0.00001 per share

Issuer Name

Lovesac Co

Issuer Address

TWO LANDMARK SQUARE, SUITE 300, STAMFORD, CT, 06901

The Common Stock reported herein as being beneficially owned by the Reporting Persons was purchased using working capital of the Funds. An aggregate of approximately $22,004,565 (excluding brokerage commissions) was used to purchase the Common Stock reported as beneficially owned by the Reporting Persons in the Schedule 13D.

Percentage of Class

See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentage of the Common Stock beneficially owned by each of the Reporting Persons. The percentages reported in this Schedule 13D were calculated based upon the 15,432,856 shares of Common Stock outstanding as of December 6, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended November 3, 2024, filed with the Securities and Exchange Commission on December 12, 2024.

Number of Shares

See rows (7) through (10) of the cover pages to this Schedule 13D for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.

Transactions

The transactions effected by the Reporting Persons in the Common Stock of the Issuer during the past sixty (60) days are set forth in Schedule A. All such transactions were effected in the open market.

The Funds have entered into notional principal amount derivative agreements in the form of long cash settled swaps (the "Long Derivative Agreements") with respect to an aggregate of 514,160 shares of Common Stock (collectively representing economic exposure comparable to 3.3% of the outstanding shares of Common Stock). The Long Derivative Agreements provide the Funds with economic results that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the Long Derivative Agreements (such shares, the "Subject Long Shares"). The Reporting Persons disclaim beneficial ownership in the Subject Long Shares. The counterparties to the Long Derivative Agreements are unaffiliated third party financial institutions. Except as set forth herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among any Reporting Person or between such persons and any person with respect to any securities of the Issuer, including any class of the Issuer's securities used as a reference security, in connection with any of the following: call options, put options, security-based swaps or any other derivative securities, transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

Lovesac Co — Schedule 13D | 13D Filings