Statement of Ownership (sc 13g)
March 02 2018 - 9:20AM
Edgar (US Regulatory)
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, DC
20549
SCHEDULE 13G
Under the Securities
Exchange Act of 1934
(Amendment No. )*
INFORMATION TO BE
INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(b), (c) AND (d) AND
AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(b)
The ONE Group
Hospitality, Inc.
(Name of Issuer)
Common Stock,
par value $0.0001 per share
(Title of Class of
Securities)
88338K103
(CUSIP Number)
Mr. Gregory Harnish
Anson Funds
155 University
Avenue, Suite 207
Toronto, ON MSH
387
(416) 572-1766
With a copy to:
David E. Danovitch,
Esq.
Robinson Brog
Leinwand Greene Genovese & Gluck P.C.
875 Third Avenue,
9
th
Floor
New York, New
York 10022
(212)-603-6300
(Name, Address and
Telephone Number of Person
Authorized to Receive
Notices and Communications)
March 2, 2018
(Date of Event Which
Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
* 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. 88338K103
|
13G
|
Page
2
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Anson Investments Master Fund LP
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(1)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
IA, PN
|
|
|
|
(1)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of this
Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
3
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Anson Funds Management LP
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(2)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
IA, PN
|
|
|
|
(2)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
4
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Anson Management GP LLC
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(3)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
HC, OO
|
|
|
|
(3)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
5
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Bruce R. Winson
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(4)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
HC, IN
|
|
|
|
(4)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
6
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Anson Advisors Inc.
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(5)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
CO
|
|
|
(5)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
7
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Adam Spears
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Canadian Citizen
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(6)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
IN
|
|
|
(6)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
8
of 10 Pages
|
|
1
|
NAME OF REPORTING PERSON
Moez Kassam
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Canadian Citizen
|
|
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
5
|
SOLE VOTING POWER
0
|
|
6
|
SHARED VOTING POWER
1,472,921
|
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
8
|
SHARED DISPOSITIVE POWER
1,472,921
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON
2,112,921
(7)
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
|
☐
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.2%
|
|
|
12
|
TYPE OF REPORTING PERSON
IN
|
|
|
(7)
|
This number includes 640,000 shares of issuer’s
common stock that may be acquired by the reporting person upon exercise of certain warrants within 90 days of the date of
this Statement on Schedule 13G.
|
|
CUSIP No. 88338K103
|
13G
|
Page
9
of 10 Pages
|
This Statement on Schedule 13G (“Schedule 13G”)
is being filed on behalf of Anson Investments Master Fund LP, a Cayman Islands limited partnership, Anson Funds Management LP
(d/b/a Anson Group), a Texas limited partnership, Anson Management GP LLC, a Texas limited liability company, Mr. Bruce R. Winson,
the principal of Anson Funds Management LP and Asnon Management GP LLC, Anson Advisors Inc. (d/b/a Anson Funds), an Ontario, Canada
corporation, Mr. Adam Spears, a director of Anson Advisors Inc., and Mr. Moez Kassam, a director of Anson Advisors Inc. (such
persons and entities, the “Reporting Persons”), relating to the common stock, $0.0001 par value (the “Common
Stock”), of The ONE Group Hospitality, Inc., a Delaware corporation (the “Issuer”).
Anson Investments Master Fund LP was previously eligible to
file on the Statement on Schedule 13G that was jointly filed with the U.S. Securities and Exchange Commission on February
14, 2017 by Anson Funds Management LP, Anson Management GP LLC, Mr. Bruce R. Winson, Anson Advisors Inc., Mr. Adam Spears and
Mr. Moez Kassam, as Anson Investments Master Fund LP beneficially owned 1,728,915 shares of Common Stock of the Issuer as of such
date in the ordinary course of business and not with the purpose nor with the effect of changing or influencing the control of
the Issuer, nor in connection with or as a participant in any transaction having such purpose or effect, including any transaction
subject to Rule 13d-3(b). As of the date of this Schedule 13G, the Reporting Persons beneficially own the Common Stock of the
Issuer in the ordinary course of business and not with the purpose nor with the effect of changing or influencing the control
of the Issuer, nor in connection with or as a participant in any transaction having such purpose or effect, including any transaction
subject to Rule 13d-3(b).
This Schedule 13G relates to Common Stock of the Issuer beneficially
owned by Anson Investments Master Fund LP, to which Anson Funds Management LP and Anson Advisors Inc. serve as co-investment advisors.
Anson Funds Management LP and Anson Advisors Inc. serve as co-investment advisors to Anson Investments Master Fund LP and may
direct the vote and disposition of the 2,112,921 shares of Common Stock held by Anson Investments Master Fund LP. As the general
partner of Anson Funds Management LP, Anson Management GP LLC may direct the vote and disposition of the 2,112,921 shares of Common
Stock held by Anson Investments Master Fund LP. As the principal of Anson Fund Management LP and Anson Management GP LLC, Mr.
Winson may direct the vote and disposition of the 2,112,921 shares of Common Stock held by Anson Investments Master Fund LP. As
directors of Anson Advisors Inc., Mr. Spears and Mr. Kassam may each direct the vote and disposition of the 2,112,921 shares of
Common Stock held by Anson Investments Master Fund LP.
|
|
Item 1(a)
|
Name of Issuer.
|
The ONE Group Hospitality, Inc.
|
|
Item 1(b)
|
Address of Issuer’s
Principal Executive Offices.
|
411 W. 14th Street, 2nd Floor
New York, NY 10014
|
|
Item 2(a)
|
Name of Person Filing.
|
Anson Investments Master Fund LP, Anson Funds Management
LP, Anson Management GP LLC, Mr. Bruce R. Winson, Anson Advisors Inc., Mr. Adam Spears and Mr. Moez Kassam
|
|
Item 2(b)
|
Address of Principal
Business Office, or, if none, Residence.
|
For Anson Investments Master Fund LP:
c/o Intertrust Corporate Services
(Cayman) Limited
190 Elgin Avenue, George Town
Grand Cayman KY1-9005, Cayman Islands
For Anson Funds Management LP, Anson Management
GP LLC and Mr. Winson:
5950 Berkshire Lane, Suite 210
Dallas, Texas 75225
For Anson Advisors Inc., Mr. Spears and Mr. Kassam:
155 University Ave, Suite 207
Toronto, ON M5H 3B7
|
|
Item 2(c)
|
Citizenship or Place
of Organization.
|
Anson Investments Master Fund LP is a Cayman Islands
limited partnership organized under the laws of the Cayman Islands. Anson Funds Management LP is a limited partnership organized
under the laws of the State of Texas. Anson Management GP LLC is a limited liability company organized under the laws of the State
of Texas. Mr. Winson is a United States citizen. Anson Advisors Inc. is a corporation organized under the laws of Ontario,
Canada. Mr. Spears and Mr. Kassam are each Canadian citizens.
|
|
Item 2(d)
|
Title of Class of Securities.
|
Common stock, $0.0001 par value (the “Common
Stock”).
88338K103
If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), 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 advisor 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 association 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).
|
|
|
(a)
|
Anson Funds Management LP, Anson Management
GP LLC, Mr. Winson, Anson Advisors Inc., Mr. Spears and Mr. Kassam are the beneficial owners of 2,112,921 shares
of Common Stock held by Anson Investments Master Fund LP.
|
|
|
(b)
|
Anson Investments Master Fund LP, Anson Funds
Management LP, Anson Management GP LLC, Mr. Winson, Anson Advisors Inc., Mr. Spears and Mr. Kassam are the
beneficial owners of 8.2% of the outstanding shares of Common Stock of the Issuer. This percentage is determined by dividing
2,112,921 by 25,286,571, the number of shares of Common Stock issued and outstanding as of November 13, 2017, as reported
in the Issuer’s Quarterly Statement on Form 10-Q, filed with the U.S. Securities and Exchange Commission on November 13,
2017.
|
|
|
(c)
|
Anson Funds Management LP and Anson Advisors
Inc., as the co-investment advisors to Anson Investments Master Fund LP, may direct the vote and disposition the 2,112,921
shares of Common Stock held by Anson Investments Master Fund LP. Anson Management GP LLC, as the general partner of Anson
Funds Management LP, may direct the vote and disposition the 2,112,921 shares of Common Stock held by Anson Investments Master
Fund LP. As the principal of Anson Funds Management LP and Anson Management GP LLC, Mr. Winson may direct the vote and
disposition of the 2,112,921 shares of Common Stock held by Anson Investments Master Fund LP. Mr. Spears and Mr. Kassam,
each as a director of Anson Advisors Inc., may direct the vote and disposition the 2,112,921 shares of Common Stock held by
Anson Investments Master Fund LP.
|
|
Item 5
|
Ownership of Five Percent or Less of a Class.
|
Inapplicable.
|
Item 6
|
Ownership of More Than Five Percent on Behalf of Another Person.
|
Inapplicable.
|
Item 7
|
Identification and Classification of the Subsidiary which Acquired
the Security Being Reported On by the Parent Holding Company.
|
Inapplicable.
|
Item 8
|
Identification and Classification of Members of the Group.
|
Inapplicable.
|
Item 9
|
Notice of Dissolution of Group.
|
Inapplicable.
For Anson Investments Master Fund LP, Anson Funds
Management LP, Anson Management GP LLC and Mr. Winson:
By signing below each of the Reporting Persons
certifies that, to the best of such person’s knowledge and belief, the securities referred to above were acquired and held
in the ordinary course of business and were not acquired and were 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.
For the Anson Advisors Inc., Mr. Spears and Mr.
Kassam:
By signing below each of the Reporting Persons
certifies that, to the best of such person’s 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.
|
CUSIP No. 88338K103
|
13G
|
Page
10
of 10 Pages
|
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete
and correct.
In accordance with Rule 13d-1(k)(1)(iii)
under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of
them of this Schedule 13G with respect to the shares of Common Stock of the Issuer.
Dated: March 2, 2018
|
|
ANSON INVESTMENTS MASTER FUND LP
|
|
|
|
|
|
By: ANSON ADVISORS INC.
|
|
|
|
|
|
|
By:
|
/s/ Adam Spears
|
|
|
|
Adam Spears
|
|
|
|
Director
|
|
|
|
|
|
|
By:
|
/s/ Moez Kassam
|
|
|
|
Moez Kassam
|
|
|
|
Director
|
|
|
|
|
|
|
ANSON FUNDS MANAGEMENT LP
|
|
|
|
|
|
By: Anson Management GP LLC, its general partner
|
|
|
|
|
|
|
By:
|
/s/ Bruce R. Winson
|
|
|
|
Bruce R. Winson
|
|
|
|
Manager
|
|
|
|
|
|
|
ANSON MANAGEMENT GP LLC
|
|
|
|
|
|
|
By:
|
/s/ Bruce R. Winson
|
|
|
|
Bruce R. Winson
|
|
|
|
Manager
|
|
|
|
|
|
|
/s/ Bruce R. Winson
|
|
|
Bruce R. Winson
|
|
|
|
|
|
|
ANSON ADVISORS INC.
|
|
|
|
|
|
|
By:
|
/s/ Adam Spears
|
|
|
|
Adam Spears
|
|
|
|
Director
|
|
|
|
|
|
|
By:
|
/s/ Moez Kassam
|
|
|
|
Moez Kassam
|
|
|
|
Director
|
|
|
|
|
|
|
/s/ Adam Spears
|
|
|
Adam Spears
|
|
|
|
|
|
/s/ Moez Kassam
|
|
|
Moez Kassam
|
ONE Group Hospitality (NASDAQ:STKS)
Historical Stock Chart
From Mar 2024 to Apr 2024
ONE Group Hospitality (NASDAQ:STKS)
Historical Stock Chart
From Apr 2023 to Apr 2024
