Brian Lovig Amends ARVANA INC. Stake, Signals Ownership Change
Ticker: AVNI · Form: SC 13D/A · Filed: Jan 31, 2024 · CIK: 1113313
| Field | Detail |
|---|---|
| Company | Arvana INC (AVNI) |
| Form Type | SC 13D/A |
| Filed Date | Jan 31, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, shareholder-update
TL;DR
**Brian Lovig just updated his stake in ARVANA INC., watch for potential shifts!**
AI Summary
Brian Lovig, along with group members BONDOCK LLC and PINTO CONCEPTS INC., filed an amendment to their Schedule 13D on January 30, 2024, regarding their ownership in ARVANA INC. This filing, Amendment No. 3, indicates a change in their beneficial ownership or control over ARVANA INC.'s Common Shares, with the event triggering the filing occurring on January 29, 2024. This matters to investors because it signals a significant shareholder, Brian Lovig, is updating their position or influence, which could impact future corporate decisions or stock performance.
Why It Matters
This filing indicates a significant shareholder, Brian Lovig, has updated their position or influence over ARVANA INC., which could signal future strategic moves or changes in company direction.
Risk Assessment
Risk Level: medium — Changes in significant shareholder filings can indicate potential shifts in company control or strategy, introducing uncertainty.
Analyst Insight
Investors should monitor subsequent filings from Brian Lovig and ARVANA INC. for further details on the nature of this ownership change, as it could precede strategic shifts or changes in corporate governance.
Key Players & Entities
- Brian Lovig (person) — Reporting Person and significant shareholder of ARVANA INC.
- ARVANA INC. (company) — The subject company whose securities are being reported.
- BONDOCK LLC (company) — Group member associated with Brian Lovig in the filing.
- PINTO CONCEPTS INC. (company) — Group member associated with Brian Lovig in the filing.
- January 29, 2024 (date) — Date of the event requiring the filing of this statement.
FAQ
Who is the primary reporting person for this SC 13D/A filing?
The primary reporting person for this SC 13D/A filing is Brian Lovig, whose business address is 1057 Whitney Ranch Drive, Suite 350, Henderson, Nevada 89014.
What is the name of the issuer whose securities are the subject of this filing?
The name of the issuer is ARVANA INC., as stated in the 'Name of Issuer' section of the filing.
What is the CUSIP number for the class of securities reported in this filing?
The CUSIP number for the Common Shares of ARVANA INC. is 043279 20 7, as listed on the cover page of the filing.
What was the date of the event that required the filing of this amendment?
The date of the event which required the filing of this statement was January 29, 2024, as specified in the filing.
Which entities are listed as group members alongside Brian Lovig in this filing?
The entities listed as group members are BONDOCK LLC and PINTO CONCEPTS INC., as indicated under 'GROUP MEMBERS' in the filing's header information.
Filing Stats: 1,221 words · 5 min read · ~4 pages · Grade level 9.5 · Accepted 2024-01-30 21:00:58
Key Financial Figures
- $0.001 — 1. SECURITY AND ISSUER Common stock, $0.001 par value of Arvana Inc., a Nevada corp
Filing Documents
- avni013024form13da.htm (SC 13D/A) — 37KB
- 0001607062-24-000047.txt ( ) — 39KB
SECURITY AND ISSUER
ITEM 1. SECURITY AND ISSUER Common stock, $0.001 par value of Arvana Inc., a Nevada corporation with principal executive offices located at 299 Main Street, 13 th Floor, Salt Lake City, Utah 84111.
IDENTITY AND BACKGROUND
ITEM 2. IDENTITY AND BACKGROUND (a) Brian Lovig (b) 1057 Whitney Ranch Drive, Suite 350, Henderson, Nevada 89014 (c) Business consultant (d) No. (e) No. (f) Canada (a) Bondock LLC (b) 1057 Whitney Ranch Drive, Suite 350, Henderson, Nevada 89014 (c) Business consulting (d) No. (e) No. (f) Nevada (a) Pinto Concepts Inc. (b) 905-1631 Dickson Avenue, Kelowna, British Columbia Canada V1Y 0B5 (c) Business consulting (d) No. (e) No. (f) British Columbia, Canada
Source and
ITEM 3. Source and Amount of Funds or Other Consideration
of the Schedule 13D is amended and restated in its entirety
Item 3 of the Schedule 13D is amended and restated in its entirety to read as follows: Bondock LLC transferred 10,000,000 shares to Pinto Concepts Inc., a related entity, and assigned 1,000,000 shares to An Chun Ouyang, an unrelated party.
. PURPOSE OF TRANSACTION
ITEM 4 . PURPOSE OF TRANSACTION
of the Schedule 13D is amended and restated in its entirety
Item 4 of the Schedule 13D is amended and restated in its entirety to read as follows: On January 29, 2024, Bondock transferred 10,000,000 shares of the Issuer’s Common Stock to Pinto Concepts, Inc., an entity wholly owned and directed by Brian Lovig. On January 29, 2024, the Bondock disposed of 1,000,000 shares of the Issuer’s Common Stock to An Chun Ouyang an unrelated individual in exchange for services. The Reporting Persons will continue to review their investment in the Issuer on an ongoing basis. Depending on the factors discussed herein, the Reporting Persons may, from time to time, acquire additional shares of Common Stock and/or retain and/or sell all or a portion of their shares of Common Stock in the open market or in privately negotiated transactions, and/or may distribute their Common Stock to other entities. Any actions the Reporting Persons might undertake will be dependent upon the Reporting Persons’ review of numerous factors, including, the price of the Common Stock, general market conditions, economic factors, business results, financial conditions, Issuer’s operations, and other future developments. From time to time, the Reporting Persons may engage in discussions with the Issuer’s management team concerning, potential business combinations, strategic alternatives, the business, operations, capital structure, governance, management, and other matters that concern the Issuer. Except as set forth above, the Reporting Persons have no present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
INTEREST IN SECURITIES OF THE ISSUER
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
of the Schedule 13D is amended and restated in its entirety to read as follows
Item 5 of the Schedule 13D is amended and restated in its entirety to read as follows: (a) For information regarding beneficial ownership, see the information presented on the cover page of this Schedule 13D. The Common Stock owned by the Reporting Persons is directly held by Bondock LLC and Pinto Concepts Inc. for which entities Brian Lovig is the sole beneficial owner. (b) The Reporting Persons have discretionary voting and dispositive power with respect to the shares of Common Stock reported herein as directly held by Bondock LLC and Pinto Concepts Inc., entities that are beneficially owned by Brian Lovig. (c) None. (d) Not applicable. (e) Not applicable.
Contracts, Arrangements, Understandings
ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer On January 29, 2024, Bondock LLC transferred 10,000,000 shares of the Issuer’s Common Stock to Pinto Concepts Inc., an entity wholly owned by Brian Lovig. On January 29, 2024, Bondock LLC, disposed of 1,000,000 shares of the Issuer’s Common Stock to An Chun Ouyang for services.
MATERIAL TO BE FILED AS EXHIBITS
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. 3
SignatureS
SignatureS 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. January 30, 2024 /s/ Brian Lovig Brian Lovig Bondock LLC /s/ Brian Lovig By: Brian Lovig Its: President Pinto Concepts Inc. /s/ Brian Lovig By: Brian Lovig Its: President Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). 4