UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
| Akanda Corp. |
| (Name of Issuer) |
| Common Shares |
| (Title of Class of Securities) |
| 00971M106 |
| (CUSIP Number) |
| October 11, 2023 |
| (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) |
| ☐ | 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 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).
CUSIP No. 00971M106 | |
| 1 | NAME OF REPORTING PERSON
Wilson Su |
| 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
Canada |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
5 | SOLE VOTING POWER
879,895 |
| 6 | SHARED VOTING POWER
0 | |
| 7 | SOLE DISPOSITIVE POWER
879,895 | |
| 8 | SHARED DISPOSITIVE POWER
0 |
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
879,895 |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.5% |
| 12 | TYPE OF REPORTING PERSON (See Instructions)
IN |
2
Item 1.
| (a) | Name of issuer: |
Akanda Corp.
| (b) | Address of issuer’s principal executive offices: |
1a, 1b Learoyd Road
New Romney TN28 8XU
United Kingdom
Item 2.
| (a) | Name of person filing: |
Wilson Su
| (b) | Address of the reporting person’s principal business office: |
#2206 8 Smithe Mews
Vancouver, British Columbia V6B 0A5
| (c) | Citizenship: |
Canada
| (d) | Title of class of securities: |
Common Shares
| (e) | CUSIP No.: 00971M106 |
Item 3.
Not applicable.
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: |
879,895 common shares (beneficially owned indirectly through 1107385 B.C. Ltd., a British Columbia corporation)
| (b) | Percent of class: 15.5% |
This percentage was calculated based on a total of 5,628,295 Akanda Corp. common shares outstanding as of October 16, 2023.
3
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: |
879,895
| (ii) | Shared power to vote or to direct the vote: |
0
| (iii) | Sole power to dispose or to direct the disposition of: |
879,895
| (iv) | Shared power to dispose or to direct the disposition of: |
0
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 [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
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.
Item 10. Certifications.
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.
4
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: October 24, 2023
| /s/ Wilson Su | |
| Wilson Su |
5