|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
|
LEE ENTERPRISES, Inc (Name of Issuer) |
Common Stock, Par Value $ 0.01 per share (Title of Class of Securities) |
(CUSIP Number) |
Raghav Bahl Carnoustie Building 9th Floor, Plot No. 1 Sector 16A Film City Noida, K7, 201301 7290091890 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
10/29/2026 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Quint Digital Ltd | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF, OO, WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
INDIA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,244,800.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
14.4 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13D
|
| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, Par Value $ 0.01 per share |
| (b) | Name of Issuer:
LEE ENTERPRISES, Inc |
| (c) | Address of Issuer's Principal Executive Offices:
4600 E. 53RD STREET, DAVENPORT,
IOWA
, 52807. |
| Item 2. | Identity and Background |
| (a) | Quint Digital Limited |
| (b) | Registerd Office Address - 403 Prabhat Kiran 17, Rajendra Place, Delhi, India, 110008
Corporate Address: Carnoustie Building, 9th Floor Plot No. 1, Sector 16A, Film City Noida - 201301, Uttar Pradesh, India
|
| (c) | Quint Digital Limited is a digital media and AI-focused technology company that combines journalism, publishing technology, audience analytics, and experiential media businesses. The securities of Quint Digital Limited is listed on Bombay Stock Exchange Limited in India (https://quintdigital.in/) |
| (d) | No Reporting Person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the past five years |
| (e) | During the past five years, No Reporting Person has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding no Reporting Person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws |
| (f) | Indian Public Listed Company |
| Item 3. | Source and Amount of Funds or Other Consideration |
From 2024 to 2026, the Reporting Person purchased the shares the Common Stock reported in this Schedule 13D for an aggregate consideration of approximately USD 16.75 million in a series of transactions | |
| Item 4. | Purpose of Transaction |
The Reporting Person acquired the Common Stock to which this Schedule 13D relates in the ordinary course of business as a long-term strategic investment. Consistent with such purposes, the Reporting Person may engage constructively with the Issuer's management and Board of Directors in support of the Issuer's long-term success. Such engagement may include discussions regarding potential Board representation, which would be pursued cooperatively with the Issuer and subject to applicable contractual and legal requirements. The Reporting Person does not currently intend to seek control of the Issuer or to initiate a contested solicitation for the election of directors.
The Reporting Person is party to certain agreements with the Issuer, including a Stock Purchase Agreement dated December 30, 2025, as amended by the First Amendment to the Stock Purchase Agreement dated July 24, 2026 (collectively referred to as Share Purchase Agreement). The Reporting Person's investment activities are subject to the standstill provisions of the Share Purchase Agreement. Those provisions permit certain additional acquisitions pursuant to a qualifying Rule 10b5-1 trading plan approved by the Issuer, subject to the terms and limitations of the Share Purchase Agreement.
On October 29, 2026, the Reporting Person has adopted a Rule 10b5-1 trading plan, pursuant to which additional Common Stock of the Issuer may be acquired from time to time by the Reporting Person or its affiliates. Any such acquisitions are subject to the terms and limitations of the Rule 10b5-1 trading plan, applicable law and, to the extent applicable, any ownership limitations under the Issuer's governing documents.
Except as described in this Schedule 13D, the Reporting Person does not presently have any plan or proposal that relates to or would result in any of the actions described in Items 4(a) through 4(j) of Schedule 13D. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | As on October 30, 2026, the Reporting Person beneficially owned 3,244,800 Common Stock, representing approximately 14.38% of the outstanding shares of Common Stock. The percentage in this paragraph relating to beneficial ownership of Common Stock is based on Form 8-K filed by Lee Enterprises filed on October 16, 2026. |
| (b) | 3,244,800 common stocks |
| (c) | No such transactions |
| (d) | Not Applicable |
| (e) | Not Applicable |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
The Reporting Person is party to certain agreements with the Issuer, including a Stock Purchase Agreement dated December 30, 2025, as amended by the First Amendment to the Stock Purchase Agreement dated July 24, 2026 (collectively referred to as Share Purchase Agreement). The Reporting Person investment activities are subject to the standstill provisions of the Share Purchase Agreement. Those provisions permit certain additional acquisitions pursuant to a qualifying Rule 10b5-1 trading plan approved by the Issuer, subject to the terms and limitations of the Share Purchase Agreement.
On October 29, 2026, the Reporting Person has adopted a Rule 10b5-1 trading plan, pursuant to which additional Common Stock of the Issuer may be acquired from time to time by the Reporting Person or its affiliates. Any such acquisitions are subject to the terms and limitations of the Rule 10b5-1 trading plan, applicable law and, to the extent applicable, any ownership limitations under the Issuer's governing documents.
Except as described herein, the Reporting Person has no other contracts, arrangements, understandings or relationships with respect to any securities of the Issuer
| |
| Item 7. | Material to be Filed as Exhibits. |
Stock Purchase Agreement, dated as of December 30, 2025, by and among the Company, Anchor Investor and the Other Investors party thereto (incorporated by reference to Exhibit 10.1 of the Company's Current Report on Form 8-K filed on December 30, 2025).
First Amendment to Stock Purchase Agreement, dated July 24, 2026, by and among Lee Enterprises, Incorporated and the Investors party thereto.
Below are the link to access 8-K form filed in connection with above:
https://investors.lee.net/static-files/11d2be59-eedf-4ac2-a2bb-15f3fc2de06b
https://investors.lee.net/static-files/9e911e42-556e-4db3-9769-7a9a8c9e3534 |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
|
|