SEC Filing Summary
This filing is an amendment to a Schedule 13D, originally filed on July 29, 2021. The amendment details a non-binding proposal submitted on March 3, 2026, by Wesbild, Inc. and Richmond Hill Investment Co., LP (the "Investors") to acquire all outstanding shares of Reservoir Media, Inc. not already owned by the Investors. The proposed cash purchase price is $10.50 per share, representing a significant premium over recent trading prices. The Investors intend to finance the transaction, which would not be subject to a financing condition. They expect the Issuer's board to form a special committee to review the proposal. If completed, the transaction would result in the delisting of Reservoir Media, Inc. from The Nasdaq Stock Market LLC. The filing also outlines the ownership details of various reporting persons and includes exhibits such as a Joint Filing Agreement and the text of the proposal.