FIG Buyer GP, LLC has filed an updated Schedule 13G/A with the SEC, detailing its significant shareholdings in Playboy, Inc. This filing, dated October 28, 2026, highlights FIG's continued investment in the company, which is noteworthy for both the firm and the broader retail industry.

Playboy, Inc., previously known as PLBY Group, Inc., operates within the retail sector, specifically in miscellaneous retail. This change in name reflects its evolving business strategy and market positioning. The company is incorporated in Delaware and has its principal executive office located at 10960 Wilshire Blvd., Suite 2200, Los Angeles, CA 90024.

What the Filing Says

The Schedule 13G/A filing reveals that FIG Buyer GP, LLC, along with its affiliates, holds a substantial amount of Playboy's common stock. The filing indicates that FIG LLC, a related entity, beneficially owns 11,827,626 shares, representing approximately 10.1% of the total shares outstanding. Additionally, Drawbridge Special Opportunities Fund LP and Drawbridge Special Opportunities Advisors LLC also report significant holdings, with 10.1% and 9.3% respectively.

"The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

Impact

This update may affect various stakeholders, including shareholders, management, and competitors in the retail sector. The significant shareholdings by FIG and its affiliates suggest a strong interest in Playboy's future direction and may influence the company's strategic decisions. Competitors in the retail space may need to consider FIG's involvement in Playboy as they strategize their market positions.

What's Next

The filing does not say what happens next, leaving stakeholders to speculate on FIG's future actions regarding its investment in Playboy, Inc.