SC 13G/A: Titan Environmental Solutions Inc.
Ticker: TESI · Form: SC 13G/A · Filed: Apr 18, 2024 · CIK: 1514056
| Field | Detail |
|---|---|
| Company | Titan Environmental Solutions INC. (TESI) |
| Form Type | SC 13G/A |
| Filed Date | Apr 18, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Titan Environmental Solutions Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Titan Environmental Solutions INC. (ticker: TESI) to the SEC on Apr 18, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti).
How long is this filing?
Titan Environmental Solutions INC.'s SC 13G/A filing is 5 pages with approximately 1,518 words. Estimated reading time is 6 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,518 words · 6 min read · ~5 pages · Grade level 8.3 · Accepted 2024-04-18 08:25:20
Key Financial Figures
- $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- sc13ga04172024.htm (SC 13G/A) — 59KB
- 0001988357-24-000004.txt ( ) — 61KB
If this statement is filed pursuant to §§240.13d-1(b)
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned by Eleven: 1,586,531 shares of common stock. Amount beneficially owned by Jeffrey Pazdro: 1,586,531 shares of common stock (b) Percent of class owned by Eleven: 6.2%, calculated based on the number of outstanding shares of common stock, 25,386,814, which according to information provided by the Issuer to the Reporting Persons represents the total number of shares of common stock outstanding as of December 31, 2023. Does not include 31,579,090 shares of common stock underlying Series A Rights of the Issuer held by Eleven, which are subject to the 4.99% Beneficial Percent of class owned by Jeffrey Pazdro: 6.2%, calculated based on the number of outstanding shares of common stock, 25,386,814, which according to information provided by the Issuer to the Reporting Persons represents the total number of shares of common stock outstanding as of December 31, 2023. Does not include 31,579,090 shares of common stock underlying Series A Rights of the Issuer held by Eleven, which are subject to the 4.99% Beneficial Ownership Limitation. (c) Number of shares as to which Eleven has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,586,531 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,586,531 Number of shares as to which Jeffrey Pazdro has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,586,531 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 1,586,531
Ownership of Five Percent or Less of a Class
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 five percent of the class of securities, check the following ¨
Ownership of More than Five Percent on Behalf of Another
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.
Identification and Classification of the Subsidiary Which
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. See Item 2.
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.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: April 18, 2024 ELEVEN 11 MANAGEMENT LLC By: /s/ Jeffrey Pazdro Title: Manager JEFFREY PAZDRO /s/ Jeffrey Pazdro