<SEC-DOCUMENT>0001437749-20-020770.txt : 20201006
<SEC-HEADER>0001437749-20-020770.hdr.sgml : 20201006
<ACCEPTANCE-DATETIME>20201006083012
ACCESSION NUMBER:		0001437749-20-020770
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20201006
DATE AS OF CHANGE:		20201006
GROUP MEMBERS:		MARK J. PENN
GROUP MEMBERS:		STAGWELL GROUP LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MDC PARTNERS INC
		CENTRAL INDEX KEY:			0000876883
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING AGENCIES [7311]
		IRS NUMBER:				980364441
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-53561
		FILM NUMBER:		201225620

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		646 429 1800

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 19TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC CORP INC
		DATE OF NAME CHANGE:	20001204

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC COMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19961028

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC CORPORATION
		DATE OF NAME CHANGE:	19950419

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Stagwell Agency Holdings LLC
		CENTRAL INDEX KEY:			0001771728
		IRS NUMBER:				833870147
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		1808 I STREENET, NW
		STREET 2:		6TH FLOOR
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006
		BUSINESS PHONE:		9177652638

	MAIL ADDRESS:	
		STREET 1:		1808 I STREENET, NW
		STREET 2:		6TH FLOOR
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20006
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>sah20201005_sc13da.htm
<DESCRIPTION>SCHEDULE 13D/A
<TEXT>
<html><head>
	<title>sah20201005_sc13da.htm</title>

	<!-- Generated by ThunderDome Portal - 10/6/2020 1:35:20 AM --><meta charset="utf-8"><meta name="format-detection" content="telephone=no">
</head>
<body style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding: 0in 0.1in; cursor: auto;">
<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION</b><br>
<b>WASHINGTON, DC </b><b>20549</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SCHEDULE 13D</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>UNDER THE SECURITIES EXCHANGE ACT OF 1934</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(Amendment No. 2)</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>MDC PARTNERS INC.</b></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;">(Name of Issuer)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Class A Subordinate Voting Shares</b></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;">(Title of Class of Securities)</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>552697104</b></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;">(CUSIP Number)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Stagwell Agency Holdings LLC </b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>c/o The Stagwell Group LLC </b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>1808 Eye Street, NW, Sixth Floor </b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Washington, DC 20006 </b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>Attention: Mark J. Penn </b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>(917) 765-2638</b></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-align: center;">(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>October 4, 2020</b></p>

<hr style="height: 1px; color: #000000; background-color: #000000; width: 100%; border: none; margin: 3pt 0">
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt 72pt;text-align:center;">(Date of Event Which Requires Filing of This Statement)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">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 &#167;&#167; 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: &#9744;</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;"><i>Note</i>: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See &#167;240.13d-7 for other parties to whom copies are to be sent.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">* The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;<u>Act</u>&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, <i>see</i> the Notes).</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SCHEDULE 13D</b><b>/A</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td style="vertical-align: top; border-width: thin thin 1px; border-style: solid; border-color: rgb(0, 0, 0); width: 35%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>CUSIP No. </b><b>&nbsp;</b><b>552697104</b></p>
			</td>
			<td style="vertical-align:top;width:35%;">&nbsp;</td>
			<td style="vertical-align: top; border-width: thin thin 1px; border-style: solid; border-color: rgb(0, 0, 0); width: 29.9%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Page 2 of 8&nbsp;Pages</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-width: 1px; border-style: solid; border-color: black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>1</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-top: 1px solid black; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">NAME OF REPORTING PERSON<br>
			I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">Stagwell Agency Holdings LLC</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>2</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&nbsp;&nbsp;&nbsp;&nbsp;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">(a) &#9744;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">(b) &#9746;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>3</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SEC USE ONLY</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>4</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOURCE OF FUNDS (SEE INSTRUCTIONS)<br>
			OO<b>&nbsp;</b><b>&nbsp;</b>(See Item 3)</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>5</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED<br>
			PURSUANT TO ITEMS 2(d) or 2(e)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: right;">&nbsp;&#9744;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>6</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CITIZENSHIP OR PLACE OF ORGANIZATION<br>
			Delaware</p>
			</td>
		</tr>
		<tr>
			<td colspan="3" rowspan="4" style="vertical-align: top; width: 21.8%; border-left: 1px solid black; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br>
			<b>NUMBER OF </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SHARES</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>BENEFICIALLY </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>OWNED BY</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>EACH </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>REPORTING</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>PERSON WITH</b></p>
			</td>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>7</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,348,689 (See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>8</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>9</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,348,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 6.9%; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>10</b></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 71.2%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>11</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,348,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>12</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">See Item 5.</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>13</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">19.7% (See Item 5)**</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>14</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">OO</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">*Reflects the maximum number of Class A Shares of the Issuer issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion. The Preference Shares are convertible as described in the Schedule 13D.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">**The calculation is based on the 14,285,714 Class A Shares of the Issuer beneficially owned by the Reporting Person plus the maximum number of Class A Shares issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SCHEDULE 13D</b><b>/A</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td style="vertical-align: top; border-width: 1px; border-style: solid; border-color: black black rgb(0, 0, 0); width: 35%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>CUSIP No. </b><b>&nbsp;</b><b>552697104</b></p>
			</td>
			<td style="vertical-align:top;width:35%;">&nbsp;</td>
			<td style="vertical-align: top; border-width: 1px; border-style: solid; border-color: black black rgb(0, 0, 0); width: 29.9%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Page 3 of 8&nbsp;Pages</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-width: 1px; border-style: solid; border-color: black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>1</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-top: 1px solid black; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">NAME OF REPORTING PERSON<br>
			I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">The Stagwell Group LLC</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>2</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&nbsp;&nbsp;&nbsp;&nbsp;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">(a) &#9744;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">(b) &#9746;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>3</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SEC USE ONLY</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>4</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOURCE OF FUNDS (SEE INSTRUCTIONS)<br>
			OO<b>&nbsp;</b>(See Item 3)</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>5</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED<br>
			PURSUANT TO ITEMS 2(d) or 2(e)&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: right;">&#9744;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>6</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CITIZENSHIP OR PLACE OF ORGANIZATION<br>
			Delaware</p>
			</td>
		</tr>
		<tr>
			<td colspan="3" rowspan="4" style="vertical-align: top; width: 21.8%; border-left: 1px solid black; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br>
			<b>NUMBER OF </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SHARES</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>BENEFICIALLY </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>OWNED BY</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>EACH </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>REPORTING</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>PERSON WITH</b></p>
			</td>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>7</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,463,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>8</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>9</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,463,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 6.9%; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>10</b></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 71.2%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-right: 1px solid black; border-left: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>11</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,463,689 (See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-right: 1px solid black; border-left: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>12</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">See Item 5.</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-right: 1px solid black; border-left: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>13</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">19.9% (See Item 5)**</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-right: 1px solid black; border-left: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>14</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">OO</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">* Reflects the maximum number of Class A Shares of the Issuer issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion. The Preference Shares are convertible as described in the Schedule 13D.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">**The calculation is based on the 14,400,714 Class A Shares of the Issuer beneficially owned by the Reporting Person plus the maximum number of Class A Shares issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SCHEDULE 13D</b><b>/A</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td style="vertical-align: top; border-width: 1px; border-style: solid; border-color: black black rgb(0, 0, 0); width: 35%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>CUSIP No. </b><b>&nbsp;</b><b>552697104</b></p>
			</td>
			<td style="vertical-align:top;width:35%;">&nbsp;</td>
			<td style="vertical-align: top; border-width: 1px; border-style: solid; border-color: black black rgb(0, 0, 0); width: 29.9%;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">Page 4 of 8&nbsp;Pages</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="margin-left:0.1%;width:99.1%;text-indent:0;font-family:'Times New Roman', Times, serif;font-size:10pt;">

		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-width: 1px; border-style: solid; border-color: black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>1</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-top: 1px solid black; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">NAME OF REPORTING PERSON<br>
			I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">Mark J. Penn</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>2</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&nbsp;&nbsp;&nbsp;&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt -9pt; text-align: right;">(a) &#9744;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">(b) &#9746;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>3</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SEC USE ONLY</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>4</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOURCE OF FUNDS (SEE INSTRUCTIONS)<br>
			OO<b>&nbsp;</b>(See Item 3)</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; width: 10%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>5</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 90%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED<br>
			PURSUANT TO ITEMS 2(d) or 2(e)&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: right;">&#9744;</p>
			</td>
		</tr>
		<tr>
			<td colspan="2" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 10%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>6</b></p>
			</td>
			<td colspan="3" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CITIZENSHIP OR PLACE OF ORGANIZATION<br>
			United States</p>
			</td>
		</tr>
		<tr>
			<td colspan="3" rowspan="4" style="vertical-align: top; width: 21.8%; border-left: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><br>
			<b>NUMBER OF </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>SHARES</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>BENEFICIALLY </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>OWNED BY</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>EACH </b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>REPORTING</b></p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>PERSON WITH</b></p>
			</td>
			<td style="vertical-align: top; width: 6.9%; border-right: 1px solid black; border-left: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>7</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,488,689 (See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-left: 1px solid black; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>8</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED VOTING POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-left: 1px solid black; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>9</b></p>
			</td>
			<td style="vertical-align: top; width: 71.2%; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SOLE DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,488,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 6.9%; border-left: 1px solid black; border-right: 1px solid black; border-bottom: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>10</b></p>
			</td>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 71.2%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">SHARED DISPOSITIVE POWER</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">0</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>11</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">14,488,689&nbsp;(See Items 4 and 5)*</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 9.6%; border-bottom: 1px solid black; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>12</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 90.4%; border-bottom: 1px solid black; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">See Item 5.</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>13</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">19.9% (See Item 5)**</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 9.6%; border-left: 1px solid black; border-right: 1px solid black;">
			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>14</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0); width: 90.4%; border-right: 1px solid black;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 9pt; text-align: left;">IN</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">* Reflects the maximum number of Class A Shares of the Issuer issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion. The Preference Shares are convertible as described in the Schedule 13D.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">**The calculation is based on the 14,425,714 Class A Shares of the Issuer beneficially owned by the Reporting Person plus the maximum number of Class A Shares issuable upon conversion of the 50,000 Preference Shares beneficially owned by the Reporting Person that are currently eligible for conversion.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">This Amendment No. 2 to Schedule 13D (this &#8220;<u>Amendment No. </u><u>2</u>&#8221;) is being filed jointly by: (i) Stagwell Agency Holdings LLC, a Delaware limited liability company (&#8220;<u>SAH</u>&#8221;), (ii) The Stagwell Group LLC, a Delaware limited liability company, and (iii) Mark J. Penn, a United States citizen (collectively, the &#8220;<u>Reporting Persons</u>&#8221; and each, individually, a &#8220;<u>Reporting Person</u>&#8221;), and amends the original statement on Schedule 13D filed jointly by the Reporting Persons with the Securities and Exchange Commission on March 14, 2019, as amended by Amendment No. 1 on June 26, 2020 (the &#8220;<u>Schedule 13D</u>&#8221;), with respect to the Class A Subordinate Voting Shares of MDC Partners Inc.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">This Amendment No. 2 amends the Schedule 13D as set forth herein. Unless otherwise indicated herein, each capitalized term used but not otherwise defined herein shall have the meaning given to such term in the Schedule 13D.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item</b><b> 4.&nbsp;&nbsp;</b><b>Purpose of Transaction</b><b>.</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following:</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Following delivery of the Proposal Letter by Stagwell Media to the Board of the Issuer on June 25, 2020, the Reporting Persons and a special committee of the Board (the &#8220;<u>Special Committee</u>&#8221;) engaged in discussions concerning the transaction contemplated by the Proposal Letter (the &#8220;<u>Proposed Transaction</u>&#8221;), including with respect to the share consideration and transaction structure. In connection with these discussions, the Reporting Persons and the Special Committee have reached a preliminary, non-binding agreement in principle that (i) the pre-transaction holders of the Issuer&#8217;s common shares (without giving effect to any conversion of outstanding Preference Shares) would own 26% of the combined company on a pro forma basis immediately following consummation of the Proposed Transaction, and (ii) the Proposed Transaction would be effected through an &#8220;Up-C&#8221; structure, pursuant to which the Issuer would contribute all of its subsidiaries and other assets and certain liabilities to a subsidiary wholly-owned by the Issuer (&#8220;<u>OpCo</u>&#8221;) and Stagwell Media would immediately thereafter contribute a holding company that holds the in-scope businesses of Stagwell Media to OpCo in exchange for newly issued units of OpCo and an equal number of shares of a newly created class of Issuer common shares that has voting but no economic rights (together with the OpCo units, the &#8220;<u>Paired Equity Interests</u>&#8221;). Each Paired Equity Interest would be exchangeable, at the holder&#8217;s election, for one Class A Share of the Issuer. This agreement in principle is non-binding and subject to, among other things, satisfactory completion of due diligence by both the Issuer and Stagwell Media and the negotiation of definitive documentation. Accordingly, there is no assurance that a definitive agreement will be reached, or that the Proposed Transaction will occur, on the terms and conditions described herein or at all. A copy of a press release announcing this agreement in principle is attached hereto as Exhibit G and the information in the press release is incorporated herein by reference.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 5.&nbsp; Interest in Securities of the Issuer.</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Subparts (a) and (b) of Item 5 of the Schedule 13D are hereby amended and restated as follows:</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Calculations of the percentage of Class A Shares beneficially owned are based on the number of outstanding Class A Shares of the Issuer beneficially owned by the applicable Reporting Person plus the maximum number of Class A Shares issuable upon conversion of Preference Shares beneficially owned by such Reporting Person that are currently eligible for conversion on and subject to the Ownership Limitation described in Item 6 and assumes that there are a total of 72,740,767 Class A Shares outstanding (which is the number of Class A Shares reported to be outstanding, as of July 24, 2020, in the Issuer&#8217;s quarterly report for the quarter ended June 30, 2020 filed by the Issuer on August 10, 2020 on Form 10-Q).</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">The aggregate number and percentage of shares of Class A Shares beneficially owned by each Reporting Person and, for each Reporting Person, the number of Class A Shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Amendment No. 2 and are incorporated herein by reference.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">As of the date hereof, SAH directly holds 14,285,714 Class A Shares and 50,000 Preference Shares. The current aggregate liquidation preference of the Preference Shares is $56,520,966, subject to an 8% accretion, compounded quarterly until March 14, 2024. The current Conversion Price is $5.00 per Preference Share, subject to customary anti-dilution protection, and therefore, the Preference Shares are convertible into 11,304,193 Class A Shares, before giving effect to the Ownership Limitation described in Item 6.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">As of the date hereof, The Stagwell Group LLC directly holds 115,000 Class A Shares.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">As of the date hereof, Mark J. Penn directly holds 602,500 Class A Shares, of which 577,500 are shares of unvested restricted stock that are not scheduled to vest until December 31, 2022 subject to achievement of financial performance targets and continued employment.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">The Stagwell Group LLC is the manager of SAH. Mark J. Penn is the controlling person of The Stagwell Group LLC.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">To the best knowledge of the Reporting Persons, none of the individuals named in Item 2 beneficially owns any Class A Shares except as described herein.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">Neither the filing of this Amendment No. 2 nor any of its contents shall be deemed to constitute an admission that any of the Reporting Persons is the beneficial owner of any securities covered by this statement for purposes of Section 13(d) of the Exchange Act of 1934, as amended (the &#8220;<u>Exchange Act</u>&#8221;), or for any other purpose, except to the extent of its or his pecuniary interest therein, if any, and such beneficial ownership is expressly disclaimed. The filing of this statement should not be construed to be an admission that any Reporting Person is a member of a &#8220;group&#8221; for the purposes of Sections 13(d) or 13(g) of the Exchange Act.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item</b><b> </b><b>6</b><b>.&nbsp;&nbsp;</b><b>Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</b><b>.</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">The disclosure set forth under Item 4 of this Amendment No. 2 is incorporated herein by reference.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Item 7.&nbsp;&nbsp;Material to be Filed as Exhibits</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><u>Exhibit </u><u>G</u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a href="ex_206089.htm" style="-sec-extract:exhibit;">Press Release, dated October 6, 2020.</a></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGFTR" style="text-align: center; width: 100%">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">
<div class="hf-row">
<div class="hf-cell TOCLink">&nbsp;</div>
</div>
</div>
</div>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">After reasonable inquiry and to the best of its or his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Date: October 6, 2020</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%;">

		<tr>
			<td style="width: 50%;">&nbsp;</td>
			<td style="width: 50%;">
			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">STAGWELL AGENCY HOLDINGS LLC</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">By: The Stagwell Group LLC, its manager</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">By: <u>&nbsp;/s/ Mark J. Penn&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u><u>&nbsp;</u><u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;</u></p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Name: Mark J. Penn</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Title: Manager</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">THE STAGWELL GROUP LLC</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">By: <u>&nbsp;/s/ Mark J. Penn&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u><u>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u></p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Name: Mark J. Penn</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Title: Manager</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:216pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

			<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:216pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><u>&nbsp;/s/ Mark J. Penn&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u></p>

			<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Mark J. Penn</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:216pt;margin-right:0pt;margin-top:0pt;text-align:left;">&nbsp;</p>

<div class="LAST-PAGE-BREAK">
<div class="PGFTR">
<div class="hf-row">
<div class="hf-cell PGNUM">&nbsp;</div>
</div>
</div>
</div>


</body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.G
<SEQUENCE>2
<FILENAME>ex_206089.htm
<DESCRIPTION>EXHIBIT G
<TEXT>
<html><head>
	<title>ex_206089.htm</title>

	<!-- Generated by ThunderDome Portal - 10/6/2020 1:26:43 AM --><meta charset="utf-8"><meta name="format-detection" content="telephone=no">
</head>
<body style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding: 0in 0.1in; cursor: auto;">
<p style="margin: 0pt; text-align: right;"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt"><b>Exhibit G</b></font></p>

<p style="margin-bottom: 0px; text-align: left; margin-top: 0px"><font style="font-family: 'Times New Roman', Times, serif; font-size: 10pt">&nbsp;</font></p>

<table border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; width: 100%;">

		<tr>
			<td style="width: 70%; border-right: thin solid rgb(0, 0, 0);">
			<div><img alt="logo01.jpg" src="logo01.jpg"></div>
			</td>
			<td style="width: 30%;">
			<p style="margin: 0pt 0pt 0pt 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">1808 Eye Street, Floor 6</p>

			<p style="margin: 0pt 0pt 0pt 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">Washington, DC 20006</p>

			<p style="margin: 0pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</p>

			<p style="margin: 0pt 0pt 0pt 9pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">www.stagwellgroup.com</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><u><b>Stagwell </b></u><u><b>Reaches Preliminary, Non-Binding Agreement in Principle </b></u><u><b>with </b></u><u><b>Special Committee of </b></u><u><b>MDC Partners</b></u><u><b> </b></u><u><b>on Certain Terms of </b></u><u><b>a </b></u><u><b>Potential Business </b></u><u><b>Combination</b></u></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Washington, DC &#8211; October 6, 2020<b> - </b>Stagwell Media LP (&#8220;Stagwell&#8221;) announced today it reached a preliminary, non-binding agreement in principle on October 4, 2020 on certain terms for a potential business combination with MDC Partners, Inc. (&#8220;MDC&#8221;).</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Following delivery by Stagwell to the Board of Directors of MDC on June 25, 2020 of a letter proposing a potential business combination with MDC, Stagwell and a special committee of the Board of Directors of MDC (the &#8220;Special Committee&#8221;) engaged in discussions concerning the transaction contemplated by the letter, including with respect to the share consideration and transaction structure. In connection with these discussions, Stagwell and the Special Committee have reached a preliminary, non-binding agreement in principle that (i) the pre-transaction holders of MDC&#8217;s common shares (without giving effect to any conversion of outstanding preference shares) would own 26% of the combined company on a pro forma basis immediately following consummation of the proposed transaction, and (ii) the proposed transaction would be effected through an &#8220;Up-C&#8221; structure, pursuant to which MDC would contribute all of its subsidiaries and other assets and certain liabilities to a subsidiary wholly-owned by MDC (&#8220;OpCo&#8221;) and Stagwell would immediately thereafter contribute a holding company that holds the in-scope businesses of Stagwell to OpCo in exchange for newly issued units of OpCo and an equal number of shares of a newly created class of MDC common shares that has voting but no economic rights (together with the OpCo units, the &#8220;Paired Equity Interests&#8221;). Each Paired Equity Interest would be exchangeable, at the holder&#8217;s election, for one MDC Class A share. This agreement in principle is non-binding and subject to, among other things, satisfactory completion of due diligence by both MDC and Stagwell Media and the negotiation of definitive documentation. Accordingly, there is no assurance that a definitive agreement will be reached, or that the proposed transaction will occur, on the terms and conditions described in this press release or at all.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&#8220;I am glad that Stagwell and the Special Committee have reached an agreement in principle. I remain enthusiastic about the potential combination of MDC Partners and Stagwell, and look forward to undertaking the next steps to complete this process,&#8221; said Mark Penn, Chairman and CEO of MDC Partners and Managing Partner of the Stagwell Group.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">This press release is being issued by Stagwell to comply with its obligations under Canadian securities laws.</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>About Stagwell Group</b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">The Stagwell Group is the first and only independent, digital-first, and fully-integrated organization of size &amp; scale servicing brands across the continuum of marketing services. Collaborative by design, Stagwell is not weighed down by legacy points of view and its people are united in their desire to innovate, evolve, grow and deliver superior results for their clients. Stagwell&#8217;s high growth brands include experts in four categories: digital transformation and marketing, research and insights, marketing communications, and content and media. The address of Stagwell is 1808 Eye Street, Floor 6, Washington, D.C., 20006. As of the date hereof, Stagwell and its affiliates beneficially own 50,000 series 6 preference shares (representing 100% of the outstanding Series 6 preference shares) and 14,425,714 Class A shares (representing 19.8% of the outstanding Class A shares) of MDC. A copy of the early warning report to be filed by Stagwell in connection with this press release may be obtained from Beth Lester Sidhu (917-765-2638).</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>&nbsp;</b></p>

<div class="LAST-PAGE-BREAK">
<div class="PGFTR">
<div class="hf-row">
<div class="hf-cell PGNUM" style="text-align: center;">1</div>
</div>
</div>
</div>


</body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo01.jpg
<TEXT>
begin 644 logo01.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X0!P17AI9@  34T *@    @ !@$Q  (
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M^'-PNG^,?'GC6\G@\-:)?LH8Z?!';CSKNY12"X0JL9P&R37VU<M(MM(8U5I
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MZV>JVL=&)X5P=;ZWS.2^L\O/9K[*LDM-+K1[W/G7X=?\$NO@OX7\ Z+IVJ>
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BNO&?B'7$%E<_:(_LU[J4]S =V!\WER+D=CQ7TW110!__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
