<SEC-DOCUMENT>0000895345-21-000694.txt : 20210806
<SEC-HEADER>0000895345-21-000694.hdr.sgml : 20210806
<ACCEPTANCE-DATETIME>20210806172406
ACCESSION NUMBER:		0000895345-21-000694
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210804
FILED AS OF DATE:		20210806
DATE AS OF CHANGE:		20210806

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gross Bradley J.
		CENTRAL INDEX KEY:			0001447253

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13718
		FILM NUMBER:		211153921

	MAIL ADDRESS:	
		STREET 1:		85 BROAD STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004

ISSUER:		

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

	BUSINESS ADDRESS:	
		STREET 1:		ONE WORLD TRADE CENTER, FLOOR 65
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10007
		BUSINESS PHONE:		646 429 1800

	MAIL ADDRESS:	
		STREET 1:		ONE WORLD TRADE CENTER, FLOOR 65
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10007

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC Stagwell Holdings Inc
		DATE OF NAME CHANGE:	20210729

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC PARTNERS INC
		DATE OF NAME CHANGE:	20040206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC CORP INC
		DATE OF NAME CHANGE:	20001204
</SEC-HEADER>
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        <issuerName>Stagwell Inc</issuerName>
        <issuerTradingSymbol>MDCA</issuerTradingSymbol>
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            <rptOwnerName>Gross Bradley J.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GOLDMAN, SACHS &amp; CO., 200 WEST ST</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10282</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
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    <footnotes>
        <footnote id="F1">The Reporting Person is a managing director of Goldman, Sachs &amp; Co. (&quot;Goldman Sachs&quot;). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. (&quot;GS Group&quot;). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.</footnote>
        <footnote id="F2">On February 14, 2017 MDC Partners Inc. (&quot;MDC Canada&quot;) and Broad Street Principal Investments, L.L.C. (&quot;BSPI&quot;) entered into a Securities Purchase Agreement (as amended from time to time, the &quot;Purchase Agreement&quot;), pursuant to which MDC Canada agreed to issue and BSPI agreed to purchase (the &quot;Private Placement&quot;) 95,000 Series 4 Convertible Preference Shares of MDC Canada (the &quot;Preference Shares&quot;).</footnote>
        <footnote id="F3">On March 6, 2017 BSPI assigned its right to purchase 11,813 and 4,187 Preference Shares of MDC Canada to StoneBridge 2017, L.P., a Delaware limited partnership (&quot;SB Employee Fund&quot;) and StoneBridge 2017 Offshore, L.P., a Cayman Islands exempted limited partnership (&quot;SB Employee Fund Offshore,&quot; and together with SB Employee Fund, the &quot;Employee Funds&quot;), respectively, pursuant to two Assignment and Assumption Agreements. GS Group is the direct owner of BSPI and Bridge Street Opportunity Advisors, L.L.C. (&quot;Bridge Street&quot;). Bridge Street is the general partner of each Employee Fund.</footnote>
        <footnote id="F4">In December 2020, MDC Canada and Stagwell Media LP (&quot;Stagwell&quot;) entered into a transaction agreement (the &quot;Transaction Agreement&quot;), providing for, among other things, the redomiciliation (the &quot;Redomiciliation&quot;) of MDC Canada from the federal jurisdiction of Canada to the State of Delaware and the subsequent combination (the &quot;Business Combination&quot;) of MDC Canada's business with the business of the subsidiaries of Stagwell that own and operate a portfolio of marketing services companies. The Redomiciliation, the Business Combination, and a series of related transactions are referred to herein as the &quot;Transactions&quot;, and following such Business Combination, the combined company is referred to herein as the &quot;Combined Company&quot; or the &quot;Issuer&quot;.</footnote>
        <footnote id="F5">In connection with the consummation of the Transactions, each Class A Subordinate Voting Share of MDC Canada was converted into one share of Class A common stock, par value $0.001 per share of the Combined Company (&quot;Class A Common Stock&quot;), and each Series 4 Preference Share of MDC Canada was converted into a share of Series 4 Convertible Preferred Stock, par value $0.001 per share of the Combined Company (&quot;Series 4 Preferred Stock&quot;).</footnote>
        <footnote id="F6">In connection with the closing of the Transactions, on August 4, 2021, (i) the Issuer redeemed 21,151 shares of Series 4 Preferred Stock from BSPI and the Employee Funds (which were convertible into 6,001,218.02 shares of Class A Common Stock) in exchange for $25 million in cash, and (ii)  BSPI and the Employee Funds delivered to the issuer, and the Issuer accepted from BSPI and the Employee Funds, 73,849 shares of Series 4 Preferred Stock (which were convertible into 20,953,333.15 shares of Class A Common Stock) in exchange for the issuance to the Holders of 73,849 shares of Series 8 Convertible Preferred Stock, par value $0.001 per share of the Combined Company (the &quot;Series 8 Preferred Stock&quot;) having the terms set forth in the certificate of designation designating the Series 8 Preferred Stock.</footnote>
        <footnote id="F7">BSPI and the Employee Funds have the right to convert the Series 8 Preferred Stock into shares of Class A Common Stock in whole at any time and from time to time, and in part at any time and from time to time, subject to certain ownership limitations.</footnote>
        <footnote id="F8">Because of the relationship by and between GS Group, Goldman Sachs, BSPI and the Employee Funds, GS Group and Goldman Sachs may be deemed (for purposes of Rule 13d-3(a) and Rule 16a-1(a) only and not for any other applicable purpose) to beneficially own an aggregate of 20,991,737.48 shares of Class A Common Stock, consisting of (i) 17,424,273.07 shares of Class A Common Stock (deliverable to BSPI upon conversion of the Series 8 Preferred Stock directly held by BSPI), (ii) 3,529,060.08 shares of Class A Common Stock (deliverable to the Employee Funds upon conversion of the Series 8 Preferred Stock directly held by the Employee Funds), and (iii) Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 38,404.33 shares of Class A Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jamison Yardley, Attorney-in-fact</signatureName>
        <signatureDate>2021-08-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
