Amended Statement of Ownership (sc 13g/a)
June 02 2021 - 9:23AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 2)*
EVmo,
Inc.
(Name
of Issuer as Specified in its Certificate of Incorporation)
Rideshare
Rental, Inc.
(Former
Name of Issuer as Specified in its Certificate of Incorporation)
Common
Stock, par value $0.000001 per share
(Title
of Class of Securities)
985294107
(CUSIP
Number)
May
26, 2021
(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)
[_]
Rule 13d-1(c)
[X]
Rule 13d-1(d)
*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 the disclosures provided in a prior cover
page.
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 (“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).
1
|
Names
of Reporting Persons
X,
LLC.
|
2
|
Check
the Appropriate Box if a Member of a Group (see instructions)
(a)
[ ]
(b)
[ ]
|
3
|
Sec
Use Only
|
4
|
Citizenship
or Place of Organization
United
States of America
|
Number
of
Shares
Beneficially
Owned by Each
Reporting
Person With:
|
5
|
Sole
Voting Power
1,353,757
|
6
|
Shared
Voting Power
0
|
7
|
Sole
Dispositive Power
1,353,757
|
8
|
Shared
Dispositive Power
0
|
9
|
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,353,757
|
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)
3.81
|
12
|
Type
of Reporting Person (See Instructions)
OO
|
1
Based on 35,370,899 shares of Common Stock outstanding as of May 14, 2021, as reported in the Issuer’s Quarterly Report on
Form 10-Q filed with the Securities and Exchange Commission on May 17, 2021.
Item
1.
|
(a)
|
Name
of Issuer:
|
|
|
|
|
EVmo,
Inc.
|
|
(b)
|
Address
of Issuer’s Principal Executive Offices:
|
|
|
|
|
433
N. Camden Drive, Suite 600, Beverly Hills, California 90210
|
Item
2.
|
(a)
|
Name
of Person Filing:
|
|
|
|
|
X,
LLC.
|
|
(b)
|
Address
of Principal Business Office or, if None, Residence:
|
|
|
|
|
635
Astral Dr., Los Angeles, California 90046
|
|
(c)
|
Citizenship:
|
|
|
|
|
United
States
|
|
(d)
|
Title
and Class of Securities:
|
|
|
|
|
Common
Stock, par value $0.000001 per share
|
|
(e)
|
CUSIP
No.:
|
|
|
|
|
985294-10-7
|
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:
|
(a)
|
[_]
|
Broker
or dealer registered under Section 15 of the Act;
|
|
|
|
|
|
(b)
|
[_]
|
Bank
as defined in Section 3(a)(6) of the Act;
|
|
|
|
|
|
(c)
|
[_]
|
Insurance
company as defined in Section 3(a)(19) of the Act;
|
|
|
|
|
|
(d)
|
[_]
|
Investment
company registered under Section 8 of the Investment Company Act of 1940;
|
|
|
|
|
|
(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;
|
|
|
|
|
|
(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;
|
|
|
|
|
|
(j)
|
[_]
|
A
non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with
§ 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____; or
|
|
|
|
|
|
(k)
|
[_]
|
Group,
in accordance with § 240.13d-1(b)(1)(ii)(K).
|
Provide
the following information regarding the aggregate number and percentage of the class of securities of issuer identified in Item 1.
|
(a)
|
Amount
Beneficially Owned: 1,353,757
|
|
|
|
|
(b)
|
Percent
of Class: 3.8%2
|
|
|
|
|
(c)
|
Number
of shares as to which such person has:
|
|
(i)
|
Sole
power to vote or to direct the vote: 1,353,757
|
|
|
|
|
(ii)
|
Shared
power to vote or to direct the vote: None
|
|
|
|
|
(iii)
|
Sole
power to dispose or to direct the disposition of: 1,353,757
|
|
|
|
|
(iv)
|
Shared
power to dispose or to direct the disposition of: None
|
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: [ X ]
Item
6.
|
Ownership
of More Than Five Percent on Behalf of Another Person
|
X,
LLC is an entity that is wholly-owned and controlled by Ramy El-Batrawi, who has voting and dispositive control over securities owned
by X, LLC, and this Report is also filed on his behalf.
From
February 28, 2020 through February 26, 2021, Mr. El-Batrawi was a director and the chief executive officer of the Issuer.
On
January 8, 2021, 5,000,000 shares of common stock of the Issuer were transferred to the reporting person in cancellation of a promissory
note issued in September 2019 by the transferor in the principal amount of $15,000,000.
On
February 26, 2021, the reporting person sold 6,000,000 shares of common stock of the Issuer, and, on March 2, 2021, gifted 100,000 shares
of common stock to the Issuer.
On
March 2, 2021, Mr. El-Batrawi acquired 960,550 shares pursuant to a net exercise of incentive stock options.
Subsequently,
in various transactions in April and May 2021 through the date of the event which requires filing of this Schedule, the reporting person
sold an aggregate of 1,803,988 shares of common stock of the Issuer.
Item
7.
|
Identification
and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person
|
Not
applicable.
Item
8.
|
Identification
and Classification of Members of the Group
|
Not
applicable.
Item
9.
|
Notice
of Dissolution of Group
|
Not
applicable.
Not
applicable.
2 Based on 35,370,899 shares of Common
Stock outstanding as of May 14, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange
Commission on May 17, 2021.
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.
Dated:
June 2, 2021
|
X,
LLC.
|
|
|
|
Signature:
|
/s/
Ramy El-Batrawi
|
|
Name/Title
|
Ramy
El-Batrawi, Founder
|
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