Kingdom Capital Advisors LLC Acquires 7.2% Stake in Beasley Broadcast Group Inc

Kingdom Capital Advisors LLC, alongside David Bastian and Kurt Cooper, has filed a Schedule 13G indicating a new substantial ownership position in Beasley Broadcast Group Inc (BBGI). As of the event date on June 3, 2026, the reporting persons collectively beneficially own 70,136 shares of Class A Common Stock, representing a 7.2% stake in the company. This filing marks an increase from a previous 0% ownership level, establishing the group as a significant institutional shareholder. The shares are held in discretionary accounts managed by Kingdom Capital Advisors, a Virginia-based registered investment advisor. David Bastian and Kurt Cooper, as co-owners and managers of the firm, share voting and dispositive power over the reported shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This move highlights a new strategic interest by the investment firm in the Naples-based broadcasting company.