Sec Form 13D Filing - Peck Jeffrey filing for ISUN INC. (ISUN) - 2019-07-02

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No.    )

 

THE PECK COMPANY HOLDINGS, INC.

 

(Name of Issuer)

 

Common Stock

 

(Title of Class of Securities)

 

705163103

 

(CUSIP Number)

 

Jeffrey Peck

4050 Williston Road, #511

South Burlington, VT 05403

(802) 658-3378

 

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

 

June 20, 2019

 

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [  ].

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

* 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 on 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. 70516310313DPage 2 of 18 Pages

 

1.

Names of reporting persons

 

Jeffrey Peck

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

United States

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  2,473,564
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  1,406,974
10.

Shared dispositive power

0

 

11.

Aggregate amount beneficially owned by each reporting person

 

2,473,564

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

47.6%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 3 of 18 Pages

 

1.

Names of reporting persons

 

Veroma, LLC

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

State of New York

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

213,318

11.

Aggregate amount beneficially owned by each reporting person

 

213,318

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

4.1%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 4 of 18 Pages

 

1.

Names of reporting persons

 

Michael d’Amato

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

United States

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

213,318

11.

Aggregate amount beneficially owned by each reporting person

 

213,318

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

4.1%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 5 of 18 Pages

 

1.

Names of reporting persons

 

Roger G. Branton

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

United States

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

335,976

11.

Aggregate amount beneficially owned by each reporting person

 

335,976

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

6.5%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 6 of 18 Pages

 

1.

Names of reporting persons

 

Branton Partners, LLC

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

State of Delaware

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

335,976

11.

Aggregate amount beneficially owned by each reporting person

 

335,976

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

6.5%

14.

Type of reporting person (See Instructions)

 

OO

 

 
CUSIP No. 70516310313DPage 7 of 18 Pages

 

1.

Names of reporting persons

 

Richard L. Mooers

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

United States

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

335,976

11.

Aggregate amount beneficially owned by each reporting person

 

335,976

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

6.5%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 8 of 18 Pages

 

1.

Names of reporting persons

 

Mooers Partners, LLC

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

State of Delaware

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  0
10.

Shared dispositive power

 

335,976

11.

Aggregate amount beneficially owned by each reporting person

 

335,976

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

6.5%

14.

Type of reporting person (See Instructions)

 

OO

 

 
CUSIP No. 70516310313DPage 9 of 18 Pages

 

1.

Names of reporting persons

 

Corundum AB

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

Sweden

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  90,660
10.

Shared dispositive power

 

0

11.

Aggregate amount beneficially owned by each reporting person

 

90,660

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

1.7%

14.

Type of reporting person (See Instructions)

 

OO

 

 
CUSIP No. 70516310313DPage 10 of 18 Pages

 

1.

Names of reporting persons

 

Joseph Bobier

2.

Check the appropriate box if a member of group (See Instructions)

 

 

(a)[X]

(b) [  ]

3.

SEC use only

 

 

4.

Source of funds (See Instructions)

 

SC

5.

Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)

 

 

[  ]
6.

Citizenship or place of organization

 

Unites States Citizen

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

Sole voting power

 

  0
8.

Shared voting power

 

  0
9.

Sole dispositive power

 

  90,660
10.

Shared dispositive power

 

0

11.

Aggregate amount beneficially owned by each reporting person

 

90,660

12.

Check if the aggregate amount in row (11) excludes certain shares (See Instructions)

 

 

[  ]
13.

Percent of class represented by amount in row (11)

 

1.7%

14.

Type of reporting person (See Instructions)

 

IN

 

 
CUSIP No. 70516310313DPage 11 of 18 Pages

 

Item 1. Security and Issuer

 

The securities covered by this Schedule 13D are shares of common stock, par value $0.0001 per share (the “Common Stock”) of The Peck Company Holdings, Inc., a Delaware corporation (the “Issuer”). The Issuer’s principal executive offices are located at 4050 Williston Road, #511, South Burlington, Vermont 05403.

 

Item 2. Identity and Background

 

(a), (f) This statement is being filed on behalf of:

 

(i) Jeffrey Peck, a citizen of the United States of America;

 

(ii) Veroma, LLC, a New York limited liability company (“Veroma”)

 

(iii) Michael d’Amato, a citizen of the United States of America;

 

(iv) Roger G. Branton, a citizen of the United States of America;

 

(v) Branton Partners, LLC, a Delaware limited liability company (“Branton Partners”);

 

(vi) Richard L. Mooers, a citizen of the United States of America;

 

(vii) Mooers Partners, LLC, a Delaware limited liability company (“Mooers Partners”);

 

(viii) Corundum AB, a Swedish limited company (“Corundum”); and

 

(ix) Joseph Bobier, a citizen of the United States of America (together with Jeffrey Peck, Veroma, Michael d’Amato, Roger G. Branton, Branton Partners, Richard L. Mooers, Mooers Partners and Corundum, the “Reporting Persons”)

 

The Reporting Persons have entered into a joint filing agreement, dated as of July 1, 2019, a copy of which is attached hereto as Exhibit 3.

 

(b) The business address of Jeffrey Peck is 4050 Williston Road, #511, South Burlington, VT 05403.

 

The business address of each of Veroma and Michael d’Amato is 208 Midwood Street, Brooklyn, NY 11225.

 

The business address of each of Roger G. Branton, Branton Partners, Richard L. Mooers and Mooers Partners is 240 South Pineapple Ave., Suite 701, Sarasota, FL 34236.

 

The business address of Corundum is Box 57, 182 05 Djursholm, Stockholms län.

 

The business address of Joseph Bobier is 122 Ruthlawn Dr, South Charleston, WV 25309.

 

 
CUSIP No. 70516310313DPage 12 of 18 Pages

 

(c) Jeffrey Peck is the Chief Executive Officer of the Issuer and a member of the Issuer’s Board of Directors. Prior to the transactions described herein, he was the President of Peck Electric Co., a Vermont corporation (“Peck Electric”). The business address of the Issuer is 4050 Williston Road, #511, South Burlington, VT 05403.

 

Michael d’Amato is a Managing Member of Veroma. Veroma’s principal business is to business development consulting. Michael d’Amato, as President of Veroma, may be deemed to have the shared power to dispose or direct the disposition of the shares of Common Stock of the Issuer that are directly held by Veroma.

 

Roger G. Branton is the Managing Member of Branton Partners. The principal business of Branton Partners is investment management. Roger G. Branton, as Managing Member of Branton Partners, may be deemed to have the shared power to dispose or direct the disposition of the shares of Common Stock of the Issuer that are directly held by Branton Partners.

 

Richard L. Mooers is the Managing Member of Mooers Partners. The principal business of Mooers Partners is investment management. Richard L. Mooers, as Managing Member of Mooers Partners, may be deemed to have the shared power to dispose or direct the disposition of the shares of Common Stock of the Issuer that are directly held by Mooers Partners.

 

Corundum’s principal business is investment management.

 

Joseph Bobier is an individual investor. The address of Joseph Bobier is 122 Ruthlawn Dr, South Charleston, WV 25309.

 

(d) None of the Reporting Person have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e) None of the Reporting Person have, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration

 

On June 20, 2019 (the “Closing Date”), the Issuer consummated the previously announced business combination (the “Business Combination”) pursuant to a Share Exchange Agreement, dated as of February 26, 2019 (the “Exchange Agreement”), by and among the Issuer, Peck Electric and Peck Electric’s stockholders (the “Stockholders”). In connection with the closing of the Business Combination (the “Closing”), the Issuer changed its name from “Jensyn Acquisition Corp.” to “The Peck Company Holdings, Inc.” “Jensyn” refers to the Registrant prior to the Closing. In connection with the Closing, Jensyn issued 3,234,501 shares of Jensyn’s common stock to the Stockholders in exchange for all of the equity securities of Peck Electric, and Peck Electric became a wholly-owned subsidiary of the Issuer. In this regard, the following Reporting Persons received the following number of shares of Common Stock in consideration for their equity securities of Peck Electric: (a) Jeffrey Peck received 1,406,974 shares of Common Stock; (b) Veroma received 213,318 shares of Common Stock; (c) Mooers Partners received 335,976 shares of Common Stock; (d) Branton Partners received 335,976 shares of Common Stock; (e) Corundum received 90,660 shares of Common Stock; and (f) Joseph Bobier received 90,660 shares of Common Stock.

 

 
CUSIP No. 70516310313DPage 13 of 18 Pages

 

The foregoing summary of the Exchange Agreement is qualified in its entirety by reference to the Exchange Agreement, a copy of which is filed as Exhibit 2.2 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 1, 2019, attached hereto as Exhibit 1 and incorporated herein by reference.

 

Item 4. Purpose of Transaction

 

Jeffrey Peck, Veroma, Mooers Partners, Branton Partners, Corundum and Joseph Bobier previously held shares of capital stock in Peck Electric and received the shares of Common Stock as consideration from the Issuer pursuant to the terms of the above described Exchange Agreement in connection with the Business Combination.

 

Jeffrey Peck intends to participate in and influence the affairs of the Issuer through his positions as Chief Executive Officer of the Issuer and a member of its Board of Directors through his voting rights with respect to ownership of the Common Stock of the Issuer.

 

Subject to applicable legal requirements, the Reporting Persons may purchase additional securities of the Issuer from time to time in open market or private transactions, depending on their evaluation of the Issuer’s business, prospects and financial condition, the market for the Issuer’s securities, other developments concerning the Issuer, the reaction of the Issuer to the Reporting Persons’ ownership of the Issuer’s securities, other opportunities available to the Reporting Persons, and general economic, money market and stock market conditions. In addition, depending upon the factors referred to above, the Reporting Persons may dispose of all or a portion of their securities of the Issuer at any time. The Reporting Persons reserve the right to increase or decrease their holdings on such terms and at such times as they may decide.

 

Other than as described above, the Reporting Persons do not have any plan or proposal relating to or that would result in:

 

(a) the acquisition by any person of additional securities of the Issuer or the disposition of securities of the Issuer;

 

(b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

 

(c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

 

(d) any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or terms of directors or to fill any existing vacancies on the Board of Directors of the Issuer;

 

(e) any material change in the present capitalization or dividend policy of the Issuer;

 

(f) any other material change in the Issuer’s business or corporate structure;

 

 
CUSIP No. 70516310313DPage 14 of 18 Pages

 

(g) any changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

 

(h) a class of securities of the Issuer being delisted from a national securities exchange or ceasing to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

 

(i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act; or

 

(j) any action similar to those enumerated above.

 

Item 5. Interest in Securities of the Issuer

 

(a) — (b)

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Jeffrey Peck   2,473,564    47.6%   2,473,564    0    1,406,974    0 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Veroma   213,318    4.1%   0    0    0    213,318 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Michael d’Amato   213,318    4.1%   0    0    0    213,318 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Richard L. Mooers   335,976    6.5%   0    0    0    335,976 

 

 
CUSIP No. 70516310313DPage 15 of 18 Pages

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Mooers Partners   335,976    6.5%   0    0    0    335,976 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Roger G. Branton   335,976    6.5%   0    0    0    335,976 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Branton Partners   335,976    6.5%   0    0    0    335,976 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Corundum   90,660    1.7%   0    0    90,660    0 

 

           (b)
Number of Shares as to which the person has:
 
Name  (a)
Amount
Beneficially
Owned
   (a)
Percent
of Class*
   Sole Power to
Vote or to
Direct the
Vote
   Shared
Power to
Vote or to
Direct the
Vote
   Sole Power to
Dispose or to
Direct the
Disposition of
   Shared Power to
Dispose or to
Direct the
Disposition of
 
Joseph Bobier   90,660    1.7%   0    0    90,660    0 

 

* Based on 5,192,937 shares of Common Stock outstanding as of the Closing Date as represented by the Issuer in its Current Report on Form 8-K, filed with the Securities and Exchange Commission on June 26, 2019.

 

 
CUSIP No. 70516310313DPage 16 of 18 Pages

 

(c) Except for the transactions described in Items 3, 4, 5 or 6 of this Schedule 13D, which are incorporated by reference into this Item 5(c), during the last sixty days there were no transactions with respect to the Common Stock effected by the Reporting Person.

 

(d) No person other than the Reporting Person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities discussed herein.

 

(e) Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Pursuant to the Exchange Agreement described further under Item 4, the following Reporting Persons received the following number of shares of Common Stock in consideration for their equity securities of Peck Electric: (a) Jeffrey Peck received 1,406,974 shares of Common Stock; (b) Veroma received 213,318 shares of Common Stock; (c) Mooers Partners received 335, 976 shares of Common Stock; (d) Branton Partners received 335,976 shares of Common Stock; (e) Corundum received 90,660 shares of Common Stock; and (f) Joseph Bobier received 90,660 shares of Common Stock. The foregoing summary of the Exchange Agreement is qualified in its entirety by reference to the Exchange Agreement, a copy of which is filed as Exhibit 2.2 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 1, 2019, attached hereto as Exhibit 1 and incorporated herein by reference.

 

On June 20, 2019, Veroma, Mooers Partners, Branton Partners, Corundum and Joseph Bobier (the “Key Holders”) entered into a voting agreement with Jeffrey Peck and the Issuer (the “Voting Agreement”). Pursuant to the terms of the Voting Agreement, the Key Holders transferred to Jeffrey Peck all of the voting power they otherwise would have as a result of their ownership of shares of Common Stock of the Issuer. The foregoing summary of the Voting Agreement is qualified in its entirety by reference to the Voting Agreement, a copy of which is attached hereto as Exhibit 2.

 

Other than as described in this Schedule 13D, to the best of the Reporting Person’s knowledge, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any person with respect to any securities of the Issuer.

 

Item 7. Material to be Filed as Exhibits

 

Exhibit 1   Form of Exchange Agreement (incorporated by reference to Exhibit 2.2 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 1, 2019).
Exhibit 2   Voting Agreement dated June 20, 2019 by and among the Reporting Persons.
Exhibit 3   Joint Filing Agreement, dated as of July 1, 2019 among the Reporting Persons

 

 
CUSIP No. 70516310313DPage 17 of 18 Pages

 

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: July 1, 2019

 

  /s/ Jeffrey Peck
  Jeffrey Peck, individually

 

  VEROMA, LLC
     
  By: /s/ Michael d’Amato
  Name: Michael d’Amato
  Title: Managing Member
     
  /s/ Michael d’Amato
  Michael d’Amato, individually

 

  BRANTON PARTNERS, LLC
   
  By: /s/ Roger G. Branton
  Name: Roger G. Branton
  Title: Managing Member
     
  /s/ Roger G. Branton
  Roger G. Branton, individually
   
  MOOERS PARTNERS, LLC
   
  By: /s/ Richard L. Mooers
  Name: Richard L. Mooers
  Title: Managing Member
     
  /s/ Richard L. Mooers
  Richard L. Mooers, individually

 

  CORUNDUM AB
     
  By: /s/ Mats Wennberg
  Name: Mats Wennberg
  Title: Authorized Person
     
  /s/ Joseph Bobier
  Joseph Bobier, individually

 

 
CUSIP No. 70516310313DPage 18 of 18 Pages

 

EXHIBIT INDEX

 

Exhibit   Description
     
Exhibit 1   Form of Exchange Agreement (incorporated by reference to Exhibit 2.2 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 1, 2019).
Exhibit 2   Voting Agreement dated June 20, 2019 by and among the Reporting Person and the other signatories thereto.
Exhibit 3   Joint Filing Agreement, dated as of July 1, 2019 among the Reporting Persons