SEC Form SC 13G filed by Summer Infant, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

SUMMER INFANT, INC.

(Name of Issuer)

Common Stock, Par Value $0.0001

(Title of Class of Securities)

865646301

(CUSIP Number)

March 22, 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)

☐ 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, as amended (“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).

Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications:

Shelley Rosensweig, Esq.

30 Rockefeller Plaza

26th Floor

New York, NY 10112

(212) 835-4838

 

 

 

CUSIP No. 044104107

 

1.		Names of Reporting Persons.     Maynard Jason Edward
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     208,866
				6.		Shared Voting Power     0
				7.		Sole Dispositive Power     208,866
				8.		Shared Dispositive Power     0

9.		Aggregate Amount Beneficially Owned by Each Reporting Person     208,866
10.		Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)     ☐
11.		Percent of Class Represented by Amount in Row (9)     9.8% (1)
12.		Type of Reporting Person (See Instructions)     IN

 

(1)	Based upon 2,133,260 shares of Common Stock, par value $0.0001 of the Issuer outstanding as of March 12, 2021, as disclosed in the Form 10-K filed on March 16, 2021 by the Issuer with the U.S. Securities and Exchange Commission.

Item 1.

 

(a)

Name of Issuer

Summer Infant, Inc.

 

(b)

Address of Issuer’s Principal Executive Offices

1275 Park East Drive, Woonsocket, Rhode Island 02895

 

Item 2.

 

(a)

Name of Person Filing

Maynard Jason Edward

 

(b)

Address of Principal Business Office or, if none, Residence

6300 Ocean Front Ave, Virginia Beach, Virginia 23451

 

(c)

Citizenship

United States of America

 

(d)

Title of Class of Securities

Common Stock, par value $0.0001

 

(e)

CUSIP Number

865646301

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is:

 

		(a)		☐		A broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
		(b)		☐		A bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
		(c)		☐		An insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
		(d)		☐		An investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
		(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 (12 U.S.C. 1813);

		(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 (15 U.S.C. 80a-3);
		(j)		☐		A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
		(k)		☐		A group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:                     .

 

Item 4.

Ownership.

 

(a)

Amount beneficially owned: 208,866

 

(b)

Percent of class: 9.8%

 

(c)

Number of shares as to which such person has:

 

(i)

Sole power to vote or to direct the vote: 208,866

 

(ii)

Shared power to vote or to direct the vote: 0

 

(iii)

Sole power to dispose or to direct the disposition of: 208,866

 

(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 other than activities solely in connection with a nomination under § 240.14a-11.

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.

Date: March 25, 2021