Wilhelmina shares surge after Lopez reports stake

Wilhelmina International

12/04/2021 15:57

** Wilhelmina International  WHLM.O  shares up 43.17% at
$7.52 as trading resumes following volatility halt
    ** According to an SEC filing https://www.sec.gov/Archives/edgar/data/0001013706/000119312521111666/d137209dsc13d.htm
 late Friday, Retail Ecommerce Ventures LLC (REV) disclosed an
18.4% stake in the fashion model and talent management services
provider
    ** REV is 100% owned by Modell's Sporting Goods Online Inc,
of which internet marketer Tai Lopez and Alex Mehr each own
42.8% of the equity interests both directly and through
ownership of REV 
    ** Lopez and Mehr have bought up various companies in
bankruptcy, including RadioShack, Pier 1 and Dressbarn 
    ** A request for comment from Wilhelmina was not immediately
returned
    ** WHLM up 14.4% YTD through Friday's close

 ((charles.mikolajczak@tr.com; @ChuckMik; Reuters Messaging:
charles.mikolajczak.thomsonreuters.com@reuters.net))