Sec Form 13G Filing - Tobin Edward filing for Polished.com Inc. (POL) - 2020-10-26

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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

  

1847 GOEDEKER INC.
(Name of Issuer)

 

COMMON STOCK, PAR VALUE $0.0001 PER SHARE
(Title of Class of Securities)

 

28252C109
(CUSIP Number)

 

October 23, 2020
(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 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. 28252C109

 

1.

NAMES OF REPORTING PERSONS

 

Edward J. Tobin

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 

(a) ☐

(b) ☐

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH:

5.

SOLE VOTING POWER

960,680

 

 

6.

SHARED VOTING POWER

 

 

7.

SOLE DISPOSITIVE POWER

960,680

 

 

8.

SHARED DISPOSITIVE POWER

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

960,680

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

15.72%(1)

12.

TYPE OF REPORTING PERSON

 

IN

 

(1)Based on 6,111,200 shares of the Issuer’s common stock outstanding as of October 15, 2020, as reported in the Issuer’s Prospectus filed with the Securities and Exchange Commission on October 19, 2020.

 

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CUSIP No. 28252C109

 

Item 1.

 

  (a) Name of Issuer:
1847 Goedeker Inc.
     
  (b) Address of Issuer’s principal executive offices:
13850 Manchester Rd., Ballwin, MO 63011

 

Item 2.

 

  (a) Name of person filing:
This statement is being filed by Edward J. Tobin (the “Reporting Person”).
     
  (b) Address of the principal business office or, if none, residence:
The business address of the Reporting Person is 390 Park Ave., 7th Floor, New York, NY 10022.
     
  (c) Citizenship:
The Reporting Person is a United States citizen.  
     
  (d) Title of class of securities:
Common stock, par value $0.0001 per share
     
  (e) CUSIP No.:
28252C109

 

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) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) 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) Group, in accordance with § ;240.13d-1(b)(1)(ii)(K).

 

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

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CUSIP No. 28252C109

 

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:

The Reporting Person is the record holder of 960,680 shares of the common stock of the Issuer.

     
  (b)

Percent of class:

The 960,680 shares represent approximately 15.72% of the Issuer’s outstanding common stock based on 6,111,200 shares of common stock outstanding as of October 15, 2020.

 

(c)Number of shares as to which the person has:

 

  (i) Sole power to vote or to direct the vote: 960,680
  (ii) Shared power to vote or to direct the vote: 0
  (iii) Sole power to dispose or to direct the disposition of: 960,680
  (iv) Shared power to dispose or to direct the disposition of: 0

 

Item 5.Ownership of 5 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 5 percent of the class of securities, check the following [ ].

 

Item 6.Ownership of More than 5 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.

 

3

 

 

CUSIP No. 28252C109

 

SIGNATURES

 

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 26, 2020  
  /s/ Edward J. Tobin
  Edward J. Tobin

 

 

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