Cassandra DeNunzio - Dec 29, 2023 Form 4 Insider Report for Sparx Holdings Group, Inc. (SHGI)

Signature
Cassandra DeNunzio
Stock symbol
SHGI
Transactions as of
Dec 29, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 04:48 PM
Previous filing
Aug 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHGI Common Stock Purchase $0 +75M +74.93% $0.00 175M Dec 29, 2023 By NVC Holdings, LLC F3
holding SHGI Common Stock 100M Dec 29, 2023 By Sparx Holdings, LLC F1, F2
holding SHGI Common Stock 100K Dec 29, 2023 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.
F3 On Decemer 29, 2023, Mr. Thomas DeNunzio assigned and transferred his membership interest in NVC Holdings, LLC to Sparx Holdings, LLC, a Wyoming Limited Liability Company, solely owned by his daughter, Cassandra DeNunzio. The reporting person is deemed to have voting and investment power over 75,000,000 shares held by NVC Holdings, LLC.