Cassandra DeNunzio - Aug 29, 2022 Form 4 Insider Report for Sparx Holdings Group, Inc. (SHGI)

Role: CEO, CFO, Director, 10%+ Owner
Signature: Cassandra DeNunzio
Stock symbol: SHGI
Transactions as of: Aug 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/31/2022, 04:28 PM
Previous filing: Aug 4, 2022
Next filing: Jan 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHGI	Common Stock	Award	$0	+100M		$0.00	100M	Aug 29, 2022	By Sparx Holdings, LLC	F1, F2
holding	SHGI	Common Stock						100K	Aug 29, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	100,000,000 shares of Common Stock of the Issuer were issued on August 29, 2022 to Sparx Holdings, LLC. The issuance was partial consideration pursuant to a "Patent License Agreement" that the Issuer entered into with Sparx Technologies, LLC. Ms.Cassandra DeNunzio is the sole member and manager of Sparx Technologies, LLC and Sparx Holdings, LLC. She is also the sole officer, and a director of the Issuer. Ms. DeNunzio disclaims beneficial ownership of the Shares reported herein except to the extent of her or Sparx Holdings, LLC pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such Shares for purposes of Section 16 or for any other purpose.
F2	Shares owned directly by Sparx Holdings, LLC. Ms. DeNunzio, as the Managing Member of Sparx Holdings, LLC may be deemed to beneficially own the Shares owned directly by Sparx Holdings, LLC.

Content

100,000,000 shares of Common Stock of the Issuer were issued on August 29, 2022 to Sparx Holdings, LLC. The issuance was partial consideration pursuant to a "Patent License Agreement" that the Issuer entered into with Sparx Technologies, LLC. Ms.Cassandra DeNunzio is the sole member and manager of Sparx Technologies, LLC and Sparx Holdings, LLC. She is also the sole officer, and a director of the Issuer. Ms. DeNunzio disclaims beneficial ownership of the Shares reported herein except to the extent of her or Sparx Holdings, LLC pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such Shares for purposes of Section 16 or for any other purpose.

Shares owned directly by Sparx Holdings, LLC. Ms. DeNunzio, as the Managing Member of Sparx Holdings, LLC may be deemed to beneficially own the Shares owned directly by Sparx Holdings, LLC.