<SEC-DOCUMENT>0001445866-16-002842.txt : 20161109
<SEC-HEADER>0001445866-16-002842.hdr.sgml : 20161109
<ACCEPTANCE-DATETIME>20161109125451
ACCESSION NUMBER:		0001445866-16-002842
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20161109
FILED AS OF DATE:		20161109
DATE AS OF CHANGE:		20161109

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOSTON OMAHA Corp
		CENTRAL INDEX KEY:			0001494582
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS [6510]
		IRS NUMBER:				270788438
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		292 NEWBURY STREET, SUITE 333
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02115
		BUSINESS PHONE:		857-256-0079

	MAIL ADDRESS:	
		STREET 1:		292 NEWBURY STREET, SUITE 333
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02115

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	REO PLUS, INC.
		DATE OF NAME CHANGE:	20100618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Peterson Adam K
		CENTRAL INDEX KEY:			0001667769

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-55714
		FILM NUMBER:		161983423

	MAIL ADDRESS:	
		STREET 1:		1411 HARNEY STREET, SUITE 200
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAGNOLIA GROUP, LLC
		CENTRAL INDEX KEY:			0001618376
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-55714
		FILM NUMBER:		161983424

	BUSINESS ADDRESS:	
		STREET 1:		1411 HARNEY STREET
		STREET 2:		SUITE 200
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68102
		BUSINESS PHONE:		918-796-3158

	MAIL ADDRESS:	
		STREET 1:		1411 HARNEY STREET
		STREET 2:		SUITE 200
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68102

	FORMER NAME:	
		FORMER CONFORMED NAME:	MAGNOLIA GROUP LLC
		DATE OF NAME CHANGE:	20140902

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MAGNOLIA CAPITAL FUND, LP
		CENTRAL INDEX KEY:			0001618333
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-55714
		FILM NUMBER:		161983425

	BUSINESS ADDRESS:	
		STREET 1:		1411 HARNEY ST., SUITE 200
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68102
		BUSINESS PHONE:		402-509-8456

	MAIL ADDRESS:	
		STREET 1:		1411 HARNEY ST., SUITE 200
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68102
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2016-11-09</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001494582</issuerCik>
        <issuerName>BOSTON OMAHA Corp</issuerName>
        <issuerTradingSymbol>BOMN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001618333</rptOwnerCik>
            <rptOwnerName>MAGNOLIA CAPITAL FUND, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1411 HARNEY ST., SUITE 200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>OMAHA</rptOwnerCity>
            <rptOwnerState>NE</rptOwnerState>
            <rptOwnerZipCode>68102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001618376</rptOwnerCik>
            <rptOwnerName>MAGNOLIA GROUP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1411 HARNEY STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>OMAHA</rptOwnerCity>
            <rptOwnerState>NE</rptOwnerState>
            <rptOwnerZipCode>68102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001667769</rptOwnerCik>
            <rptOwnerName>Peterson Adam K</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1411 HARNEY STREET, SUITE 200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>OMAHA</rptOwnerCity>
            <rptOwnerState>NE</rptOwnerState>
            <rptOwnerZipCode>68102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $0.001 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3893623</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Class A Common Stock, par value $0.001 per share</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>527780</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Class A Common Stock Warrants (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>8</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-06-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1262</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Class A Common Stock Warrants (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>10</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-06-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>51516</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">All of the reported shares and derivative securities are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC (&quot;TMG&quot;) is the general partner and investment manager. Adam K. Peterson (&quot;Mr. Peterson&quot;) is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares and derivative securities reported herein.</footnote>
        <footnote id="F2">TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.</footnote>
        <footnote id="F3">Mr. Peterson serves as a director of the issuer, and as the co-chief executive officer of the issuer.</footnote>
        <footnote id="F4">The Class A common stock is convertible at any time, at the holder's election and for no additional consideration, into shares of Common Stock on a one-for-one basis. The conversion right has no expiration date.</footnote>
        <footnote id="F5">The Class A common stock warrants are convertible at any time at the holder's election into shares of the issuer's Class A common stock, which in turn is convertible at any time, at the holder's election and for no additional consideration, into shares of Common Stock on a one-for-one basis.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Adam K. Peterson on behalf of the Magnolia Capital Fund LP, as managing member The Magnolia Group, LLC, its general partner</signatureName>
        <signatureDate>2016-11-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Adam K. Peterson on behalf of The Magnolia Group, LLC, as its managing member</signatureName>
        <signatureDate>2016-11-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Adam K. Peterson</signatureName>
        <signatureDate>2016-11-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
