Hitchcock Group Amends Minim Stake
Ticker: FIEE · Form: SC 13D/A · Filed: Aug 6, 2024 · CIK: 1467761
| Field | Detail |
|---|---|
| Company | Minim, INC. (FIEE) |
| Form Type | SC 13D/A |
| Filed Date | Aug 6, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: MINM
TL;DR
Hitchcock Capital Partners just updated their Minim, Inc. ownership filing. Big players involved.
AI Summary
On August 6, 2024, Hitchcock Capital Partners, LLC, along with associated entities like Orbit Group LLC and Slingshot Capital, LLC, filed an amendment to their Schedule 13D for Minim, Inc. This filing indicates a change in beneficial ownership of Minim, Inc. common stock, with the group collectively holding a significant stake. The filing date of August 6, 2024, marks the latest update to their ownership position.
Why It Matters
This filing signals a potential shift in control or influence over Minim, Inc. by a significant investment group, which could impact the company's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate activist investor intentions or significant shifts in a company's shareholder base, potentially leading to volatility.
Key Players & Entities
- Hitchcock Capital Partners, LLC (company) — Filing entity
- Orbit Group LLC (company) — Group member
- Slingshot Capital, LLC (company) — Group member
- Minim, Inc. (company) — Subject company
- HITCHCOCK JEREMY P. (person) — Filing person
- Megan Ward (person) — Authorized contact
FAQ
What is the primary purpose of this SC 13D/A filing?
The primary purpose is to report an amendment to a Schedule 13D, indicating a change in beneficial ownership of Minim, Inc. common stock by the filing persons.
Who are the main entities involved in this filing?
The main entities include Hitchcock Capital Partners, LLC, Orbit Group LLC, Slingshot Capital, LLC, and the subject company, Minim, Inc.
When was this amendment filed?
This amendment was filed on August 6, 2024.
What was Minim, Inc.'s former company name?
Minim, Inc.'s former company name was Zoom Telephonics, Inc., with a date of name change on July 7, 2009.
Where is Minim, Inc. headquartered?
Minim, Inc. is headquartered at 848 Elm Street, Manchester, NH 03101.
Filing Stats: 3,087 words · 12 min read · ~10 pages · Grade level 14.5 · Accepted 2024-08-06 20:42:37
Key Financial Figures
- $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securitie
Filing Documents
- ea0210728-13da24hitch_minim.htm (SC 13D/A) — 126KB
- 0001213900-24-065838.txt ( ) — 127KB
From the Filing
SC 13D/A 1 ea0210728-13da24hitch_minim.htm AMENDMENT NO. 24 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 24)* Minim, Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) 60365W102 (CUSIP Number) Megan Ward Orbit Group LLC 848 Elm Street, 2nd Floor Manchester, NH 03101 (603) 943-0020 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 12, 2024 (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 . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. 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 SCHEDULE 13D CUSIP No. 60365W102 1 NAMES OF REPORTING PERSONS Jeremy P. Hitchcock 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 1,447,867 1 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,447,867 1 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,447,867 1 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 55.2% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN 1 The shares reported in this Amendment have been split adjusted to reflect the reverse stock split of the Issuer’s shares of common stock at a ratio of 1-for-25, which became effective on April 17, 2023. The percentage represented in Row 13 is based off of the Issuer’s shares outstanding as of March 29, 2023 included in the Issuer’s most recent periodic report, which is its Form 10-K filed on March 31, 2023, plus the 734,743 shares of Common Stock acquired by Slingshot Capitol, LLC. Jeremy P. Hitchcock disclaims any beneficial interest in capital stock of the Issuer and in any other shares or securities of the Issuer and/or any of its subsidiaries issued or issuable in respect thereof on and after the Signature Date, other than (i) individually through Elizabeth Cash Hitchcock, (ii) through Hitchcock Capitol LLC, (iii) through Orbit Group LLC, (iv) through Zulu Holdings, LLC and (v) through Slingshot Capitol, LLC. Jeremy P. Hitchcock, an individual, Orbit Group LLC, Hitchcock Capital Partners, LLC, Zulu Holdings LLC, Slingshot Capital, LLC, and Ms. Elizabeth Cash Hitchcock, an individual, disclaim the formation of a group with David Elliot Lazar, an individual and of any shared beneficial ownership with him. 2 SCHEDULE 13D CUSIP No. 60365W102 1 NAMES OF REPORTING PERSONS Elizabeth Cash Hitchcock 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 1,447,867 2 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,447,867 2 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,447,867 2 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 55.2% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN 2 The shares reported in this Amendment have been split adjusted to reflect the reverse stock split of the Issuer’s shares of common stock at a ratio of 1-for-25, which became effective on April 17, 2023. The percentage represented in Row 13 is based off of the Issuer’s shares outstanding as of March 29, 2023 included in the Issuer’s most recent periodic report, which is its Form 10-K filed o