SC 13G: Kinetic Seas Inc.

AI Summary

SC 13G filing by Kinetic Seas Inc..

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.00001 — me of Issuer) Common Stock, par value $0.00001 per share (Title of Class of Securiti

Filing Documents

• g084406_sch13g.htm (SC 13G) — 100KB
• 0001753926-24-001482.txt ( ) — 102KB

From the Filing

SC 13G 1 g084406_sch13g.htm SC 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Kinetic Seas Incorporated (Name of Issuer) Common Stock, par value $0.00001 per share (Title of Class of Securities) 07831X206 (CUSIP Number) February 1, 2024 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * 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 subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 07831X206 13G Page 2 of 10 Pages 1. NAMES OF REPORTING PERSONS Ionic Ventures, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION California, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,000,000 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,000,000 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,000,000 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.9% (1) 12. TYPE OF REPORTING PERSON (see instructions) OO (1) As more fully described in Item 4 of this Statement on Schedule 13G (this “ Schedule 13G ”), such shares and percentage are based on the reporting person’s direct ownership of shares of the issuer’s common stock, par value $0.00001 per share (the “ Common Stock ”) as of the date of the filing of this Schedule 13G, and 16,737,000 shares of Common Stock outstanding, as disclosed in the Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024, filed by the issuer with the U.S. Securities and Exchange Commission (the “ SEC ”) on August 19, 2024 (the “ Quarterly Report ”). CUSIP No. 07831X206 13G Page 3 of 10 Pages 1. NAMES OF REPORTING PERSONS Ionic Management, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,000,000 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,000,000 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,000,000 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.9% (1) 12. TYPE OF REPORTING PERSON (see instructions) OO (1) As more fully described in Item 4 of this Schedule 13G, such shares and percentage are based on the reporting person’s indirect ownership of shares of Common Stock as of the date of the filing of this Schedule 13G, and 16,737,000 outstanding shares of Common Stock, as disclosed in the Quarterly Report. CUSIP No. 07831X206 13G Page 4 of 10 Pages 1. NAMES OF REPORTING PERSONS Brendan O’Neil 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,000,000 (1) 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,000,000 (1) 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,000,000 (1) 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.9% (1) 12. TYPE OF REPORTING PERSON (see instructions) IN (1) As more fully described in Item 4 of this Schedule 13G, such shares and percentage are based on the reporting person’s indirect ownership of shares of Common Stock as of the date of the filing of this Schedule 13G, and 16,737,000 outstanding shares of Common Stock, as disclosed in the Quarterly Report. CUSIP No. 07831X206 13G Page 5 of 10 Pages 1. NAMES OF REPORTING PERSONS Keith Coulston 2. CHECK THE APPROPRIATE BOX

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