Initial Statement of Beneficial Ownership (3)
January 15 2021 - 8:41AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Cavalry Fund I LP |
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/14/2020
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3. Issuer Name and Ticker or Trading Symbol
BLONDER TONGUE LABORATORIES INC [BDR]
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(Last)
(First)
(Middle)
82 E. ALLENDALE RD. |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Street)
SADDLE RIVER, NJ 07458
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 1250000 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrants | 12/15/2020 (1) | 12/15/2023 (1) | Common Stock | 625000 (1) | $1.25 (1) | D | |
Explanation of Responses: |
(1) | Pursuant to that certain Securities Purchase Agreement, dated December 14, 2020, between Blonder Tongue Laboratories, Inc. (the "Company") and Cavalry Fund I LP (the "Reporting Person"), the Reporting Person purchased 1,250,000 shares of the Company's common stock ("Common Stock") and warrants to purchase 625,000 shares of Common Stock at an exercise price of $1.25 per share (the "Warrants"). The Warrants are exercisable at any time from December 15, 2020 until December 15, 2023 at 5:00 p.m., New York City time, subject to a beneficial ownership limitation of 4.99% of the Company's issued and outstanding Common Stock. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Cavalry Fund I LP 82 E. ALLENDALE RD. SADDLE RIVER, NJ 07458 |
| X |
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Signatures
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s/ Thomas Walsh, Manager of Cavalry Fund I Management LLC, General Partner of the Reporting Person | | 1/14/2021 |
**Signature of Reporting Person | Date |
Blonder Tongue Laborator... (AMEX:BDR)
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