Statement of Ownership (sc 13g)
February 17 2022 - 03:57PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No.*)
CEA Industries Inc. |
(Name of Issuer) |
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Common Stock, par value $0.00001 per share |
(Title of Class of Securities) |
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86887P200 |
(CUSIP Number) |
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|
February 11, 2022 |
(Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[_]
Rule 13d-1(b)
[X]
Rule 13d-1(c)
[_]
Rule 13d-1(d)
The information required in 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 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).
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1. |
NAME OF
REPORTING PERSONS |
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I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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Hound
Partners Offshore Fund, LP |
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2. |
CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) [_] |
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(b) [X] |
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3. |
SEC USE
ONLY |
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4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION |
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Cayman
Islands |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH |
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5. |
SOLE VOTING
POWER |
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0 |
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6. |
SHARED VOTING
POWER |
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|
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|
377,578 |
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7. |
SOLE
DISPOSITIVE POWER |
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0 |
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8. |
SHARED
DISPOSITIVE POWER |
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|
377,578 |
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9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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|
377,578 |
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10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
(SEE
INSTRUCTIONS)
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[_] |
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11. |
PERCENT OF
CLASS REPRESENTED BY AMOUNT IN ROW (9) |
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4.99% |
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12. |
TYPE OF
REPORTING PERSON (SEE INSTRUCTIONS) |
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OO |
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1. |
NAME OF
REPORTING PERSONS |
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I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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|
Hound
Performance, LLC |
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2. |
CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) [_] |
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(b) [X] |
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3. |
SEC USE
ONLY |
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4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION |
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Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH |
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5. |
SOLE VOTING
POWER |
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0 |
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6. |
SHARED VOTING
POWER |
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|
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338,273 |
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7. |
SOLE
DISPOSITIVE POWER |
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|
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0 |
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|
|
8. |
SHARED
DISPOSITIVE POWER |
|
|
|
|
|
338,273 |
|
|
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9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
|
|
|
|
|
338,273 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
(SEE
INSTRUCTIONS)
|
[_] |
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|
11. |
PERCENT OF
CLASS REPRESENTED BY AMOUNT IN ROW (9) |
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4.47% |
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12. |
TYPE OF
REPORTING PERSON (SEE INSTRUCTIONS) |
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OO |
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1. |
NAME OF
REPORTING PERSONS |
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I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
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|
Jonathan
Auerbach |
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2. |
CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) [_] |
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(b) [X] |
|
|
|
3. |
SEC USE
ONLY |
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|
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|
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4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION |
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United
States |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH |
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|
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5. |
SOLE VOTING
POWER |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING
POWER |
|
|
|
|
|
377,578 |
|
|
|
|
7. |
SOLE
DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED
DISPOSITIVE POWER |
|
|
|
|
|
377,578 |
|
|
|
|
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
|
|
|
|
|
377,578 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
(SEE
INSTRUCTIONS)
|
[_] |
|
|
|
11. |
PERCENT OF
CLASS REPRESENTED BY AMOUNT IN ROW (9) |
|
|
|
|
|
4.99% |
|
|
|
|
12. |
TYPE OF
REPORTING PERSON (SEE INSTRUCTIONS) |
|
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|
IN |
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1. |
NAME OF
REPORTING PERSONS |
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I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
|
|
|
|
Hound
Partners, LLC |
|
|
|
|
2. |
CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) [_] |
|
|
(b) [X] |
|
|
|
3. |
SEC USE
ONLY |
|
|
|
|
|
|
|
|
|
|
4. |
CITIZENSHIP
OR PLACE OF ORGANIZATION |
|
|
|
|
|
Delaware |
|
|
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH |
|
|
|
5. |
SOLE VOTING
POWER |
|
|
|
|
|
0 |
|
|
|
|
6. |
SHARED VOTING
POWER |
|
|
|
|
|
377,578 |
|
|
|
|
7. |
SOLE
DISPOSITIVE POWER |
|
|
|
|
|
0 |
|
|
|
|
8. |
SHARED
DISPOSITIVE POWER |
|
|
|
|
|
377,578 |
|
|
|
|
9. |
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
|
|
|
|
|
377,578 |
|
|
|
|
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
(SEE
INSTRUCTIONS)
|
[_] |
|
|
|
11. |
PERCENT OF
CLASS REPRESENTED BY AMOUNT IN ROW (9) |
|
|
|
|
|
4.99% |
|
|
|
|
12. |
TYPE OF
REPORTING PERSON (SEE INSTRUCTIONS) |
|
|
|
|
|
OO |
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Item 1. |
(a). |
Name of Issuer: |
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CEA Industries Inc. |
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(b). |
Address of issuer's principal executive offices: |
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385
South Pierce Avenue, Suite C
Louisville, Colorado 80027
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Item 2. |
(a)-(c). |
Name Principal Business Address, and Citizenship of Person
Filing: |
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Hound Partners, LLC
101
Park Avenue, 48th Floor
New
York, NY 10178
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Hound Performance, LLC
101
Park Avenue, 48th Floor
New
York, NY 10178
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Hound
Partners Offshore Fund, LP |
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101
Park Avenue, 48th Floor
New
York, NY 10178
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Jonathan Auerbach
101
Park Avenue, 48th Floor
New
York, NY 10178
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Item 2. |
(d) |
Title of class of securities: |
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Common Stock, par value $0.00001 per share |
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Item 2. |
(e). |
CUSIP No.: |
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86887P200 |
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Item 3. |
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a: |
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(a) |
[_] |
Broker or
dealer registered under Section 15 of the Exchange Act. |
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(b) |
[_] |
Bank as
defined in Section 3(a)(6) of the Exchange Act. |
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(c) |
[_] |
Insurance
company as defined in Section 3(a)(19) of the Exchange Act. |
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(d) |
[_] |
Investment
company registered under Section 8 of the Investment Company
Act. |
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(e) |
[_] |
An investment
adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
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(f) |
[_] |
An employee
benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F); |
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(g) |
[_] |
A parent
holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G); |
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(h) |
[_] |
A savings
association as defined in Section 3(b) of the Federal Deposit
Insurance Act; |
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(i) |
[_] |
A church plan
that is excluded from the definition of an investment company under
Section 3(c)(14) of the Investment Company Act; |
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(j) |
[_] |
Group, in
accordance with Rule 13d-1(b)(1)(ii)(J). |
Item 4. |
Ownership. |
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Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1. |
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(a) |
Amount
beneficially owned: |
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|
|
|
|
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|
Hound
Partners, LLC |
377,578 shares |
|
|
Hound
Performance, LLC |
338,273 shares |
|
|
Jonathan
Auerbach |
377,578 shares |
|
|
Hound
Partners Offshore Fund, LP |
377,578 shares |
|
|
|
|
|
|
|
|
|
(b) |
Percent of
class: |
|
|
|
|
|
|
|
Hound
Partners, LLC |
4.99% |
|
|
Hound
Performance, LLC |
4.47% |
|
|
Jonathan
Auerbach |
4.99% |
|
|
Hound
Partners Offshore Fund, LP |
4.99% |
|
|
|
|
|
|
|
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(c) |
Number of
shares as to which such person has: |
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(i) Sole
power to vote or to direct the vote |
|
|
|
|
|
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|
Hound
Partners, LLC |
0
shares |
|
|
Hound
Performance, LLC |
0
shares |
|
|
Jonathan
Auerbach |
0
shares |
|
|
Hound
Partners Offshore Fund, LP |
0
shares |
|
|
|
|
|
|
|
|
|
|
(ii) Shared
power to vote or to direct the vote |
|
|
|
|
|
|
|
Hound
Partners, LLC |
377,578 shares |
|
|
Hound
Performance, LLC |
338,273 shares |
|
|
Jonathan
Auerbach |
377,578 shares |
|
|
Hound
Partners Offshore Fund, LP |
377,578 shares |
|
|
|
|
|
|
|
|
|
|
(iii) Sole
power to dispose or to direct the disposition of |
|
|
|
|
|
|
|
Hound
Partners, LLC |
0
shares |
|
|
Hound
Performance, LLC |
0
shares |
|
|
Jonathan
Auerbach |
0
shares |
|
|
Hound
Partners Offshore Fund, LP |
0
shares |
|
|
|
|
|
|
|
|
|
|
(iv) Shared
power to dispose or to direct the disposition of |
|
|
|
|
|
|
|
Hound
Partners, LLC |
377,578 shares |
|
|
Hound
Performance, LLC |
338,273 shares |
|
|
Jonathan
Auerbach |
377,578 shares |
|
|
Hound
Partners Offshore Fund, LP |
377,578 shares |
|
|
|
|
Item 5. |
Ownership of Five Percent or Less of a Class. |
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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 [X]. |
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Item 6. |
Ownership of
More Than Five Percent on Behalf of Another Person. |
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If any other
person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of,
such securities, a statement to that effect should be included in
response to this item and, if such interest relates to more than
five percent of the class, such person should be
identified. A listing of the shareholders of an
investment company registered under the Investment Company Act of
1940 or the beneficiaries of employee benefit plan, pension fund or
endowment fund is not required. |
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|
All of the securities reported in this Schedule 13G are owned by
advisory clients and proprietary accounts of Hound Partners, LLC.
None of these clients or accounts own more than five percent of the
outstanding shares of the class, except as reported herein. |
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|
Item 7. |
Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person. |
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|
If a parent
holding company or Control person has filed this schedule, pursuant
to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach
an exhibit stating the identity and the Item 3 classification of
the relevant subsidiary. If a parent holding company or control
person has filed this schedule pursuant to Rule 13d-1(c) or Rule
13d-1(d), attach an exhibit stating the identification of the
relevant subsidiary. |
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|
See Exhibit B attached hereto. |
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Item 8. |
Identification and Classification of Members
of the Group. |
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If a group
has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity
and Item 3 classification of each member of the
group. If a group has filed this schedule pursuant to
§240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the
identity of each member of the group. |
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N/A |
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Item 9. |
Notice of
Dissolution of Group. |
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Notice of
dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect
to transactions in the security reported on will be filed, if
required, by members of the group, in their individual
capacity. See Item 5. |
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N/A |
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Item 10. |
Certifications. |
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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. |
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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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February 17, 2022 |
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(Date) |
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HOUND PARTNERS, LLC (1) |
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By: |
/s/ Douglas Marks |
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Douglas
Marks, Chief Financial Officer |
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HOUND PARTNERS OFFSHORE FUND, LP (1)
By:
Hound Performance, LLC, its general partner
|
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By: |
/s/ Douglas Marks |
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Douglas
Marks, Chief Financial Officer |
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HOUND PERFORMANCE, LLC (1) |
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By: |
/s/ Douglas Marks |
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Douglas
Marks, Chief Financial Officer |
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/s/ Jonathan Auerbach (1) |
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JONATHAN AUERBACH |
(1)
The Reporting Persons disclaim beneficial ownership except to the
extent of their pecuniary interest therein.
EXHIBIT A
AGREEMENT
The undersigned agree that this to Schedule 13G, dated February 17,
2022 relating to the Common Stock, par value $0.00001 per share of
CEA Industries Inc. shall be filed on behalf of the
undersigned.
|
February 17, 2022 |
|
(Date) |
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HOUND PARTNERS, LLC |
|
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|
By: |
/s/ Douglas Marks |
|
|
Douglas
Marks, Chief Financial Officer |
|
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|
HOUND PARTNERS OFFSHORE FUND, LP
By:
Hound Performance, LLC, its general partner
|
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|
|
By: |
/s/ Douglas Marks |
|
|
Douglas
Marks, Chief Financial Officer |
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|
HOUND PERFORMANCE, LLC |
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By: |
/s/ Douglas Marks |
|
|
Douglas
Marks, Chief Financial Officer |
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/s/ Jonathan Auerbach |
|
JONATHAN AUERBACH |
EXHIBIT B
Hound Partners, LLC is the
relevant entity for which Jonathan Auerbach may be considered a
control person.
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