# EDGAR Filing Document

**Accession Number:** 0001014111
**File Stem:** 0001641172-25-015450
**Filing Date:** 2025-6
**Character Count:** 5404
**Document Hash:** df9d1995da268230e6e7390d75a2364d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-015450.hdr.sgml**: 20250617

**ACCESSION NUMBER**: 0001641172-25-015450

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250611

**ITEM INFORMATION**: Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

**FILED AS OF DATE**: 20250617

**DATE AS OF CHANGE**: 20250617

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GlassBridge Enterprises, Inc.
- **CENTRAL INDEX KEY:** 0001014111
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 411838504
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14310
- **FILM NUMBER:** 251054152

**BUSINESS ADDRESS:**
- **STREET 1:** 551 MADISON AVE
- **STREET 2:** SUITE 800
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-220-3300

**MAIL ADDRESS:**
- **STREET 1:** 551 MADISON AVE
- **STREET 2:** SUITE 800
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IMATION CORP
- **DATE OF NAME CHANGE:** 19960619

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 3M INFORMATION PROCESSING INC
- **DATE OF NAME CHANGE:** 19960619

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (date of earliest reported event): June 11, 2025**

**GLASSBRIDGE ENTERPRISES, INC.**

(Exact name of registrant as specified in its charter)

**Commission File No. 001-14310**

---

| | |
|:---|:---|
| **Delaware** | **41-1838504** |
| (State or other jurisdiction of<br> Incorporation or organization) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **551 Madison Ave Suite 800**<br> **New York, New York** | **10022** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's Telephone Number, including Area Code: **(212) 220-3300**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| None | Not applicable | None |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.**

As previously disclosed, on May 30, 2024, GlassBridge Enterprises, Inc. (the "Company") entered into a certain Limited Guaranty, Pledge and Security Agreement (the "Pledge Agreement") in favor of Western Alliance Bank ("WAB"). Pursuant to the Pledge Agreement, the Company pledged its right, title and interest in certain agreements related to mortgage servicing rights (the "Collateral") to WAB, as security for certain obligations of its third party servicer under such servicer's loan agreement with WAB (the "WAB Loan"). As of today, the amount outstanding under the WAB loan was approximately $34.1 million secured by Collateral with a fair market value of at least $61.9 million.

On June 11, 2025, the Company received a notice that its third party servicer had defaulted on the WAB Loan as a result of its (i) failure to maintain the level of liquid assets required under the WAB Loan, (ii) its failure to provide certain audited financial statements, and (iii) its temporary suspension as an approved seller of Fannie Mae Mortgage Loan pools. As a result, WAB may be entitled to foreclose upon the Collateral. The Company has been informed by its third party servicer that the default will be cured promptly and does not anticipate that any such foreclosure will occur.

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  |  | GlassBridge Enterprises, Inc. | GlassBridge Enterprises, Inc. |
| Date: | June 17, 2025 | By: | */s/ Daniel Strauss* |
|  |  |  | Daniel Strauss |
|  |  |  | Chief Executive Officer |

---