AJB Capital Discloses 400,000 Share Stake in EzFill Holdings
Ticker: NXXT · Form: SC 13G · Filed: Jan 18, 2024 · CIK: 1817004
| Field | Detail |
|---|---|
| Company | Ezfill Holdings INC (NXXT) |
| Form Type | SC 13G |
| Filed Date | Jan 18, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, insider-buy, shareholder-update
TL;DR
**AJB Capital just revealed a 400,000 share position in EzFill Holdings, signaling a big bet on the company.**
AI Summary
AJB Capital Investments LLC, a U.S.-based entity, reported on January 18, 2024, that it beneficially owns 400,000 shares of EzFill Holdings Inc. common stock, representing a significant stake in the company. This filing, triggered by an event on October 19, 2023, indicates AJB Capital has sole voting and dispositive power over these shares. This matters to investors because a large institutional holding can signal confidence in the company's future, potentially influencing stock stability and future strategic decisions.
Why It Matters
A substantial stake by an investment firm like AJB Capital can be seen as a vote of confidence in EzFill Holdings, potentially attracting other investors and influencing the stock's perception.
Risk Assessment
Risk Level: low — This filing indicates a new significant shareholder, which is generally a positive or neutral event for existing shareholders.
Analyst Insight
A smart investor would view this as a positive signal, suggesting institutional confidence in EzFill Holdings. It might warrant further research into EzFill's fundamentals and AJB Capital's investment thesis.
Key Numbers
- 400,000 — Shares Beneficially Owned (Represents AJB Capital Investments LLC's total holding in EzFill Holdings Inc.)
Key Players & Entities
- AJB Capital Investments LLC (company) — reporting person, beneficial owner of shares
- EzFill Holdings Inc. (company) — subject company, issuer of the securities
- 400,000 (dollar_amount) — number of shares beneficially owned
- October 19, 2023 (date) — date of event requiring the filing
- January 18, 2024 (date) — filing date
Forward-Looking Statements
- AJB Capital Investments LLC will maintain or increase its stake in EzFill Holdings Inc. over the next 6-12 months. (AJB Capital Investments LLC) — medium confidence, target: 2025-01-18
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is AJB Capital Investments LLC, as stated in item 1 of the filing.
What is the name of the issuer whose securities are being reported?
The issuer is EzFill Holdings, Inc., as identified in the 'Name of Issuer' section of the Schedule 13G.
How many shares of EzFill Holdings Inc. does AJB Capital Investments LLC beneficially own?
AJB Capital Investments LLC beneficially owns 400,000 shares, as indicated in Row 9 of the cover page.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was October 19, 2023, as specified in the filing.
Does AJB Capital Investments LLC have sole or shared voting and dispositive power over these shares?
AJB Capital Investments LLC has sole voting power over 400,000 shares (Row 5) and sole dispositive power over 400,000 shares (Row 7), with zero shared voting or dispositive power.
Filing Stats: 785 words · 3 min read · ~3 pages · Grade level 9.2 · Accepted 2024-01-18 16:02:48
Key Financial Figures
- $0.0001 — Inc. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
Filing Documents
- sc_13g.htm (SC 13G) — 30KB
- 0001161697-24-000042.txt ( ) — 31KB
STATEMENT FILED PURSUANT TO RULE 13D-1(B)
ITEM 3. STATEMENT FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C) Not applicable.
OWNERSHIP
ITEM 4. OWNERSHIP. (A) AMOUNT BENEFICIALLY OWNED: 400,000 shares of the Issuer’s common stock. (C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: 400,000 (II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: 400,000 (IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: - 3 -
OWNERSHIP OF FIVE PERCENT OR LESS OF A
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]
OWNERSHIP OF MORE THAN FIVE PERCENT ON
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable.
IDENTIFICATION AND CLASSIFICATION OF THE
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON Not applicable.
IDENTIFICATION AND CLASSIFICATION OF MEMBERS
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable.
NOTICE OF DISSOLUTION OF GROUP
ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable.
CERTIFICATION
ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. - 4 - 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: January 9, 2024 By: /s/ Ari Blaine Name: Ari Blaine - 5 -