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CUSIP No.
81727U 10 5
Page 2 of 8 Pages
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1.
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Name
of Reporting Persons.
Robert
J. Smith
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2.
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Check
the Appropriate Box if a Member of a Group
(a)
☐
(b)
☐
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3.
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SEC
Use Only
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4.
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Source
of Funds
PF
– Personal Funds
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5.
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Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
☐
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6.
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Citizenship
or Place of Organization
United
States
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Number
of Shares
Beneficially
Owned
by
Each Reporting
Person
With
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7.
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Sole
Voting Power
14,891,798
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8.
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Shared
Voting Power
-0-
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9.
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Sole
Dispositive Power
14,891,798
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10.
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Shared
Dispositive Power
-0-
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11.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
14,891,798
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12.
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Check
if the Aggregate Amount in Row (11) Excludes Certain Shares
☐
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13.
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Percent
of Class Represented by Amount of Row (11)
8.46%
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14.
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Type
of Reporting Person
IN
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CUSIP No.
81727U 10 5
Page
3 of 8 Pages
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1.
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Name
of Reporting Persons.
Energy
Capital, LLC, an entity solely owned by Robert J. Smith
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2.
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Check
the Appropriate Box if a Member of a Group
(a)
☐
(b)
☐
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3.
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SEC
Use Only
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4.
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Source
of Funds
PF
– Personal Funds
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5.
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Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
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☐
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6.
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Citizenship
or Place of Organization
United
States
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Number
of Shares
Beneficially
Owned
by
Each Reporting
Person
With
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7.
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Sole
Voting Power
14,266,139
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8.
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Shared
Voting Power
-0-
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9.
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Sole
Dispositive Power
14,266,139
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10.
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Shared
Dispositive Power
-0-
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11.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
14,266,139
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12.
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Check
if the Aggregate Amount in Row (11) Excludes Certain Shares
☐
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13.
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Percent
of Class Represented by Amount of Row (11)
8.10%
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14.
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Type
of Reporting Person
OO
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CUSIP No.
81727U 10 5
Page
4
of 8 Pages
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1.
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Name
of Reporting Persons.
Plato
& Associates, LLC, an entity solely owned by Robert J. Smith
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2.
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Check
the Appropriate Box if a Member of a Group
(a)
☐
(b)
☐
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3.
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SEC
Use Only
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4.
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Source
of Funds
PF
– Personal Funds
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5.
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Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
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☐
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6.
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Citizenship
or Place of Organization
United
States
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Number
of Shares
Beneficially
Owned
by
Each Reporting
Person
With
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7.
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Sole
Voting Power
625,659
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8.
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Shared
Voting Power
-0-
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9.
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Sole
Dispositive Power
625,659
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10.
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Shared
Dispositive Power
-0-
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11.
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Aggregate
Amount Beneficially Owned by Each Reporting Person
625,659
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12.
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Check
if the Aggregate Amount in Row (11) Excludes Certain Shares
☐
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13.
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Percent
of Class Represented by Amount of Row (11)
0.36%
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14.
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Type
of Reporting Person
OO
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CUSIP
No.
81727U 10 5
Page 5 of 8 Pages
Item
1.
Security and Issuer
The
class of equity securities to which this Schedule 13D relates is the common stock, $0.001 par value, of Senseonics Holdings, Inc.,
a Delaware corporation ("Company" or "Issuer"). The address of the principal executive office of the Company
is 20451 Seneca Meadows Parkway, Germantown, MD 20876-7005.
Item
2.
Identity and Background.
(a)
Names:
Robert J. Smith, Energy Capital, LLC ("Energy Capital") and Plato & Associates, LLC ("Plato"), entities
solely owned by Mr. Smith (the "Reporting Persons").
(b)
Residence
or Business Address of Reporting Persons:
13650
Fiddlesticks Blvd., Suite 202-324, Ft. Myers, FL 33912.
(c)
Present
principal occupation or employment of Reporting Persons: Business development and investments.
(d)
During
the last five years, the Reporting Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e)
During
the last five years, the Reporting Persons have not been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction which as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding violation with respect
to such laws.
(f)
Citizenship:
Mr. Smith is a citizen of the United States of America.
Item
3.
Source and Amount of Funds or Other Consideration.
PF-Personal
Funds
Acquisition
of Shares of the Issuer
In
October 2015, Energy Capital purchased an aggregate of 622,231 shares of ASN Technologies, Inc. from shareholders of the Issuer
in private transactions. Subsequently, the Issuer amended its Certificate of Incorporation to increase its number of authorized
shares and voted to effect a forward stock split on a 12 for 1 basis with a record date of October 22, 2015, and a pay date on
or around November 9, 2015. Accordingly, the holdings of Energy Capital became 7,466,772 shares as of the pay date.
Acquisition
of Shares of the Issuer through Public Offering
On
March 23, 2016, the Issuer closed an underwritten public offering and sold an aggregate of 15,800,000 shares of its common stock
at $2.85 per share (the "Shares") for an aggregate purchase price of $45,030,000. Of those Shares, Energy Capital purchased
1,578,947 shares for a purchase price of $4,500,000.
CUSIP
No.
81727U 10 5
Page
6 of 8 Pages
Subsequently,
the Reporting Persons purchased, sold, and/or transferred shares in public and/or private transactions resulting in an ownership
of 7,964,810 shares as of December 31, 2016.
Subsequently,
the Reporting Persons purchased, sold, and/or transferred shares in public and/or private transactions resulting in an aggregate
ownership of 9,307,647 shares (625,659 shares owned by Plato and 8,681,988 shares owned by Energy Capital) as of December 31,
2017.
Subsequently,
the Reporting Persons purchased, sold, and/or transferred shares in public and/or private transactions resulting in an aggregate
ownership of 13,629,339 shares (625,659 shares owned by Plato and 13,003,680 shares owned by Energy Capital) as of April 23, 2018.
Subsequently,
the Reporting Persons purchased, sold, and/or transferred shares in public and/or private transactions resulting in an aggregate
ownership of 14,891,798 shares (625,659 shares owned by Plato and 14,266,139 shares owned by Energy Capital) as of August 22,
2018.
Item
4.
Purpose of Transaction.
See
Item 3 above.
The
Reporting Persons have no plans which relate to or would result in:
(a)
The
acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;
(b)
An extraordinary corporate transaction, such as a merger, reorganization or liquidation,
involving the issuer or any of its subsidiaries;
(c)
A
sale or transfer of a material amount of assets of the issuer or of any of its subsidiaries;
(d)
Any
change in the present board of directors or management of the issuer, including any plans or proposals to change the number or
term of directors or to fill any existing vacancies on the board;
(e)
Any
material change in the present capitalization or dividend policy of the issuer;
(f)
Any
other material change in the issuer's business or corporate structure, including but not limited to, if the issuer is a registered
closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required
by Section 13 of the Investment Company Act of 1940;
(g)
Changes
in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control
of the issuer by any person;
(h)
Causing
a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national securities association;
(i)
A
class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the
Act; or
CUSIP
No.
81727U 10 5
Page
7 of 8 Pages
(j)
Any
action similar to any of those enumerated above.
Item
5.
Interest in Securities of the Issuer.
(a)
The Reporting Persons own (i) 625,659 shares beneficially owned through Plato and (ii) 14,891,798 shares beneficially owned
through Energy Capital. The percentage of class for the Reporting Persons of
9.46% is based on 176,022,853 shares
outstanding. Mr. Smith exercises voting and dispositive power over all such shares.
(b)
Mr. Smith has sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the 14,891,798 shares
of the Company's Common Stock owned directly or indirectly. (See Rows 7-10 of page 2 herein.)
(c)
Please see Item 3 above for the description of the transaction relative to the shares acquired by the Reporting Persons.
(d)
The Reporting Persons know of no other person who has the right to receive or the power to direct the receipt of dividends from,
or the proceeds from the sale of, such shares.
(e)
Not applicable.
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Item
6.
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Contracts,
Arrangements, Understandings or Relationships With Respect to Securities of Issuer
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Except
for as outlined herein, the Reporting Persons have no contracts, arrangements, understandings or relationships (legal or otherwise)
with any person with respect to any securities of the issuer, including but not limited to transfer or voting of any of the securities,
finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or
loss, or the giving or withholding of proxies.
I
tem
7.
Material to be Filed as Exhibits.
None
CUSIP
No.
81727U 10 5
Page
8 of 8 Pages
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.
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Dated:
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August 23, 2018
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By:
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/s/ Robert J. Smith
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Robert
J. Smith, as an individual, and as
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Sole
Owner/Member of each of
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Energy
Capital, LLC, and Plato
and Associates, LLC
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