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    Amendment: SEC Form SCHEDULE 13D/A filed by comScore Inc.

    3/18/25 4:30:07 PM ET
    $SCOR
    Business Services
    Consumer Discretionary
    Get the next $SCOR alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 4)


    COMSCORE, INC.

    (Name of Issuer)


    Common Stock, par value $0.001 per share

    (Title of Class of Securities)


    20564W204

    (CUSIP Number)


    Alexander D. Benjamin
    Cerberus Capital Management, L.P., 875 Third Avenue, 11th Floor
    New York, NY, 10022
    (212) 891-2100

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    03/14/2025

    (Date of Event Which Requires Filing of This Statement)


    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






    SCHEDULE 13D

    CUSIP No.
    20564W204


    1 Name of reporting person

    Pine Investor, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    OO
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    1,794,624.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    1,794,624.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    1,794,624.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox checked
    13Percent of class represented by amount in Row (11)

    27.2 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    See Item 5 for additional information.


    SCHEDULE 13D

    CUSIP No.
    20564W204


    1 Name of reporting person

    Cerberus Capital Management, L.P.
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    OO
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    1,794,624.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    1,794,624.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    1,794,624.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox checked
    13Percent of class represented by amount in Row (11)

    27.2 %
    14Type of Reporting Person (See Instructions)

    IA

    Comment for Type of Reporting Person:
    See Item 5 for additional information.


    SCHEDULE 13D

    Item 1.Security and Issuer
    (a)Title of Class of Securities:

    Common Stock, par value $0.001 per share
    (b)Name of Issuer:

    COMSCORE, INC.
    (c)Address of Issuer's Principal Executive Offices:

    11950 DEMOCRACY DRIVE, Suite 600, Reston, VIRGINIA , 20190.
    Item 1 Comment:
    The following constitutes Amendment No. 4 ("Amendment No. 4") to the Schedule 13D related to the common stock, par value $0.001 per share ("Common Stock"), of comScore, Inc., a Delaware corporation (the "Issuer"), as filed with the Securities and Exchange Commission (the "SEC") by Pine Investor, LLC ("Pine") and Cerberus Capital Management, L.P. ("Cerberus", and together with Pine, the "Reporting Persons") on March 19, 2021, as amended by Amendment No. 1 filed on July 1, 2022, Amendment No. 2 filed on December 16, 2022, and Amendment No. 3 filed on July 26, 2024. This Amendment No. 4 amends and supplements the Schedule 13D as specifically set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D, as amended. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.
    Item 2.Identity and Background
    (a)
    Items 2(a)-(f) of the Schedule 13D are hereby amended and restated in their entirety as follows: This Schedule 13D is being filed by Pine and Cerberus. Cerberus, either directly or through one or more intermediate entities, including Pine, has the sole power to vote or to direct the voting of and the sole power to dispose or direct the disposition of the shares of Common Stock beneficially owned by it as reported in this Schedule 13D, subject to the restrictions described in Item 6. Set forth on Exhibit 1 to this Amendment No. 4 (which amends and restates in its entirety and supersedes in all respects the Schedule A previously filed with the initial Schedule 13D submission), are the names and principal business addresses of the control persons of each Reporting Person (collectively, the "Scheduled Persons").
    (b)
    The principal business address for the Reporting Persons is 875 Third Avenue, 11th Floor, New York, New York 10022.
    (c)
    The principal business of Cerberus is to provide investment management services, in its capacity as the investment manager to one or more funds and managed accounts (the "Cerberus Funds and Accounts") managed by Cerberus and/or one or more of its affiliated management companies, and to do all things incidental or related thereto. The principal business of Pine is a holding company.
    (d)
    Neither Reporting Person nor, to the best knowledge of the Reporting Persons, any of the Scheduled Persons, have been, during the last five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
    (e)
    Neither Reporting Person nor, to the best knowledge of the Reporting Persons, any of the Scheduled Persons, have been, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding 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)
    Pine is a Delaware limited liability company. Cerberus is a Delaware limited partnership. See also Exhibit 1 for information regarding the Scheduled Persons.
    Item 5.Interest in Securities of the Issuer
    (a)
    Items 5(a)-(e) of the Schedule 13D are hereby amended and restated in their entirety as follows: The Reporting Persons may be deemed to beneficially own, in the aggregate, 1,794,624 shares of Common Stock, consisting of (i) 1,681,117 shares of Common Stock issuable upon conversion of 31,928,301 shares of Series B Preferred Stock beneficially owned by the Reporting Persons, based upon the conversion rate of the Series B Preferred Stock including accrued dividends as of the date of event which requires the filing of this Amendment No. 4; (ii) 109,654 outstanding shares of Common Stock beneficially owned by the Reporting Persons; and (iii) 3,853 shares of Common Stock underlying vested, deferred stock units resulting from restricted stock unit awards previously granted by the Issuer to Nana Banerjee in 2021 in respect of director fees and assigned by Dr. Banerjee to Cerberus. The Series B Preferred Stock is convertible into shares of Common Stock at any time at the holder's option, based on a conversion rate subject to certain adjustments, including for anti-dilution and accrued dividends (which accrue at 7.5% per annum), determined in the manner set forth in the Certificate of Designations of the Series B Preferred Stock (as amended from time to time, the "Certificate of Designations"). The aggregate of 1,794,624 shares of Common Stock referred to above as beneficially owned by the Reporting Persons represents approximately 27.2% of the outstanding shares of Common Stock, based upon 4,913,077 shares of Common Stock outstanding as of February 28, 2025, as reported in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on March 6, 2025, as calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). As a result of the Amended and Restated Stockholders Agreement (as defined and described in Item 6 of Amendment No. 3 to the Schedule 13D), the Reporting Persons may be deemed to be members of a group with the parties to the Amended and Restated Stockholders Agreement under Section 13(d) of the Exchange Act. Neither the filing of this Schedule 13D, as amended, nor any of its contents shall be deemed to constitute an admission by any Reporting Person that, except as expressly set forth herein, it has or shares beneficial ownership of any shares of Common Stock held by any other person for purposes of Section 13(d) of the Exchange Act or for any other purpose, and such beneficial ownership thereof is expressly disclaimed.
    (b)
    Items 7 through 10 of each of the cover pages of this Schedule 13D are incorporated herein by reference. Each of the Reporting Persons may be deemed to have sole voting power and sole dispositive power over 1,794,624 shares of Common Stock. Cerberus, either directly or through one or more intermediate entities, including Pine, has the sole power to vote or to direct the voting of and the sole power to dispose or direct the disposition of the shares of Common Stock beneficially owned by it as reported in this Schedule 13D, subject to the restrictions described in Item 6. The information in Item 5(a) above is incorporated herein by reference.
    (c)
    Except as disclosed in this Schedule 13D, as amended, there have been no transactions by the Reporting Persons or the Scheduled Persons in the Common Stock during the 60 days preceding the date hereof.
    (d)
    The disclosures regarding the Reporting Persons in Items 2(a) and 2(c) of this Schedule 13D are incorporated herein by reference. Except as disclosed in this Schedule 13D, as amended, no other person has the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of, the securities described herein.
    (e)
    Not applicable.
    Item 7.Material to be Filed as Exhibits.
     
    Item 7 of the Schedule 13D is hereby amended by replacing the previously filed Schedule A (which is superseded in all respects), with the amended and restated schedule of control persons of the Reporting Persons filed as Exhibit 1 herewith: Exhibit 1: Control Persons of the Reporting Persons.

        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.

     
    Pine Investor, LLC
     
    Signature:/s/ Alexander D. Benjamin
    Name/Title:Alexander D. Benjamin, Managing Director
    Date:03/18/2025
     
    Cerberus Capital Management, L.P.
     
    Signature:/s/ Alexander D. Benjamin
    Name/Title:Alexander D. Benjamin, Chief Operating Officer, Chief Legal Officer, and Senior Managing Director
    Date:03/18/2025
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