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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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D/A
(Amendment No. 1)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
BESPOKE EXTRACTS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
08634Q109
(CUSIP Number)
Michael Feinsod
Infinity Management, LLC
200 South Service Road
Suite 207
Roslyn, NY 11577
212-752-2777
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 14, 2021
(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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
CUSIP No. 08634Q109 | 13D |
1 | NAME OF REPORTING PERSONS
|
|
Michael Feinsod | ||
2 | CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP | |
(a) ☐ | ||
(b) ☐ | ||
3 | SEC USE ONLY | |
4 | SOURCE OF FUNDS | |
OO | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
☐ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | |
United States |
7 | SOLE VOTING POWER | |
95,000,000 (1) | ||
NUMBER OF | 8 | SHARED VOTING POWER |
SHARES | ||
BENEFICIALLY OWNED BY |
0 | |
EACH | 9 | SOLE DISPOSITIVE POWER |
REPORTING | ||
PERSON WITH | 95,000,000 (1) | |
10 | SHARED DISPOSITIVE POWER | |
0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
95,000,000 (1) | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
☐ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
29.8%* | ||
14 | TYPE OF REPORTING PERSON | |
IN |
(1) | Includes 50,000,000 shares of common stock held by Infinity Management, LLC (“Infinity”). Mr. Feinsod is the managing member of Infinity and has voting and investment power over the securities of Bespoke Extracts, Inc. (the “Issuer”) held by Infinity. Infinity also holds 1 share of Series C Preferred Stock of the Issuer, which provides the holder with 51% of the voting power of the Issuer’s stockholders. Mr. Feinsod also holds options to purchase 30,000,000 shares of common stock of the Issuer. One-third of such options will vest on each yearly anniversary of the grant date of December 14, 2021. |
* | Represents the percentage ownership based on 318,839,621 shares of common stock of Bespoke Extracts, Inc. (the “Issuer”) outstanding as of December 16, 2021. Under applicable regulations, a person is deemed to have beneficial ownership of any shares of common stock which he may acquire within 60 days of the calculation date and such shares are treated as outstanding for the purpose of calculating such holder’s beneficial ownership. |
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Item 5. Interest in Securities of the Issuer.
(a) | As of the date hereof, Michael Feinsod beneficially owns 95,000,000 shares of the Issuer’s common stock, which represents 29.8% of the Issuer’s issued and outstanding common stock. These 95,000,000 shares include 50,000,000 shares held by Infinity. Infinity also holds 1 share of Series C Preferred Stock of the Issuer, which provides the holder with 51% of the voting power of the Issuer’s stockholders. |
(b) | Mr. Feinsod has sole voting and dispositive power over 95,000,000 shares of common stock of the Issuer. |
(c) | On December 14, 2021, the Issuer granted to Mr. Feinsod 45,000,000 restricted shares of common stock. The shares will vest one year from the grant date. The Issuer also granted to Mr. Feinsod options to purchase 30,000,000 shares of common stock. One-third of such options will vest on each yearly anniversary of the grant date. Other than as reported herein, the Reporting Person has not effected any transactions in securities of the Issuer during the past sixty days or since the most recent filing of Schedule 13D, whichever is less. |
(d) | No person other than Mr. Feinsod has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the 95,000,000 shares of common stock reported in Item 5(a). |
(e) | Not applicable. |
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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 accurate.
December 17, 2021 | /s/ Michael Feinsod |
Michael Feinsod |
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