Kaiser Files SC 13D for Gold Rock Holdings

TL;DR

**Kaiser files 13D for GRHC - ownership change incoming.**

AI Summary

On August 26, 2024, Richard Kaiser filed a Schedule 13D for Gold Rock Holdings, Inc. The filing indicates a change in beneficial ownership, though specific dollar amounts or percentage changes are not detailed in this excerpt. The filing is an initial report, as indicated by 'Amendment No. N/A'.

Why It Matters

This filing signals a potential shift in control or significant stake acquisition in Gold Rock Holdings, Inc., which could impact the company's stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty and potential volatility.

Key Players & Entities

• Gold Rock Holdings, Inc. (company) — Subject Company
• Richard Kaiser (person) — Filer and potential beneficial owner
• Daley Marcus (company) — Filing entity

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie
• $520,000 — stock of GRHI for the purchase price of $520,000, and such funds were obtained through p

Filing Documents

• grhisch13d08272024.htm (SC 13D) — 36KB
• 0001091818-24-000107.txt ( ) — 37KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration . The Reporting Persons acquired the shares of common stock of GRHI for the purchase price of $520,000, and such funds were obtained through personal savings.

Purpose of the Transaction

Item 4. Purpose of the Transaction . The Reporting Persons acquired their beneficial ownership in the shares as described in Item 3 above. Except as indicated below, the Reporting Person has no plans or proposals which relate to, or may result in, any of the matters listed in items 4(a)-(j) of Schedule 13D, including: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; This report is filed to reflect the reduction in the ownership of the Issuers of securities owned by the Reporting Person, due to a gift of 34,676,924 of the shares previously owned by such person. (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; GRHI and the Reporting Person reserve the right to engage in the acquisition of other entities in the form of a merger or acquisition in the future; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; GRHI and the Reporting Person reserves the right to engage in the sale or transfer of a material amount of assets in the future. (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; Mr. Marcus Daley was appointed to the Board of Directors on October 2, 2023. He also serves as the Company CEO; Form 8K filed on October 2, 2023. CUSIP No. 380709303 Page 3 of 5 Pages (e) Any material change in the present capitalization or dividend policy of the Issuer; GRHI reserves the right to change the capital structure of the Company in the future. (f) Any other material change in the issuer's business or corporate structure including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer . (a) See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentages of the shares of Common Stock beneficially owned by the Reporting Person. The percentage of the outstanding shares is calculated based upon 238,886,969 shares of common stock outstanding as disclosed in the issuers quarterly report filed on Form 10-Q for quarter ending June 30, 2024 as files with the US SEC. (b) See rows (7) through (10) of the cover pages to this Schedule 13D for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. (c) Except as otherwise disclosed herein, during the past 60 days the Reporting Persons have not effected trades in the shares of common stock of the Issuer. (d) 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 Shares.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer . The information set forth in Items 3 and 4 of this Schedule 13D is incorporated into this Item 6 by reference. Except for the transactions described in this Schedule 13D, to the knowledge of the Reporting Persons, as of the date hereof, there are no contracts, arrangements, understanding or relationships (legal or otherwise) among the persons named in Item 2 hereof and between such persons or any other persons with respect to any securities of the Issuer.

Materials to be Filed as Exhibits

Item 7. Materials to be Filed as Exhibits . None. CUSIP No. 303709303 Page 4 of 5 Pages 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. Dated: August 27, 2024 /s/ Marcus Daley Marcus Daley CUSIP No. 303709303 Page 5 of 5 Pages

View Full Filing

View this SC 13D filing on SEC EDGAR