Sec Form 13D Filing - First Finance Europe Ltd filing for VISION ENERGY CORP COM PAR $.0 (VENG) - 2021-11-19

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, DC 20549

 

SCHEDULE 13D

(Rule 13d-101)

 

Information to be Included in Statements Filed Pursuant to § 240.13d-1(a) and Amendments Thereto Filed Pursuant to § 240.13d-2(a)

 

Under the Securities Exchange Act of 1934*

 

VISION HYDROGEN CORPORATION

(Name of Issuer)

 

COMMON STOCK, PAR VALUE $.0001 PER SHARE

(Title of Class of Securities)

 

92837Y 101

(CUSIP Number)

 

Andrew Hromyk

200 Burrard Street, Suite 1615

Vancouver, BC V6C 3L6, Canada

Tel: +442039621218

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

November 8, 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.

 

1 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 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. 92837Y 10113D Page 1 of 6 Pages

 

1

NAME OF REPORTING PERSONS

 

First Finance Europe Limited

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS) PF

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United Kingdom

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

7,560,347

8

SHARED VOTING POWER

 

0

9

SOLE DISPOSITIVE POWER

 

7,560,347

10

SHARED DISPOSITIVE POWER

 

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,560,347

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

35.5% (1)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO

 

(1) Based upon an aggregate of 21,311,958 shares of common stock issued and outstanding as of November 8, 2021, as set forth in the Issuer’s report on Form 8-K as filed with the Securities and Exchange Commission on November 8, 2021. This calculation does not include the exercise or conversion of other outstanding securities of the Company owned by other security holders.

 

   
CUSIP No. 92837Y 10113D Page 2 of 6 Pages

 

1

NAME OF REPORTING PERSONS

 

Andrew Hromyk

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS) PF

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

7,560,347

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

7,560,347

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,560,347

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

35.5% (1)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

 

(1) Based upon an aggregate of 21,311,958 shares of common stock issued and outstanding as of November 8, 2021, as set forth in the Issuer’s report on Form 8-K as filed with the Securities and Exchange Commission on November 8, 2021. This calculation does not include the exercise or conversion of other outstanding securities of the Company owned by other security holders.

 

   
CUSIP No. 92837Y 10113D Page 3 of 6 Pages

 

1

NAME OF REPORTING PERSONS

 

First Finance Limited

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☐

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS) PF

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

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

 

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES

CERTAIN SHARES (SEE INSTRUCTIONS)

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO

 

   
CUSIP No. 92837Y 10113D Page 4 of 6 Pages

 

Item 1. Security and Issuer.

 

This statement relates to the Common Stock, par value $0.0001 per share (the “Common Stock”), of Vision Hydrogen Corporation, a Nevada Corporation (the “Issuer”). The Issuer’s principal executive offices are located at 95 Christopher Columbus Drive, 16th Floor, Jersey City, NJ 07302.

 

Item 2. Identity and Background.

 

This statement is filed on behalf of (1) First Finance Europe Limited, and United Kingdom company, (2) Andrew Hromyk, a citizen of Canada, and (3) First Finance Limited, an entity incorporated in Canada. Such parties are referred to herein individually as a “Reporting Person” and collectively as the “Reporting Persons.”

 

Mr. Hromyk is the controlling shareholder and Director of First Finance Europe Limited. First Finance Limited is a wholly-owned subsidiary of First Finance Europe Limited. The principal business address of Mr. Hromyk and First Finance Limited is 200 Burrard Street, Suite 1615, Vancouver, British Columbia Canada V6C 3L6. The principal business address of First Finance Europe Limited is 20-22 Wenlock Road, London N1 7GU, United Kingdom.

 

The Reporting Persons have not, during the past five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). The Reporting Persons have not, during the past five years, been a 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 November 8, 2021, upon the closing of the Acquisition (defined below), First Finance Europe Limited was issued 6,590,909 shares of the Issuer, in connection with the Acquisition

 

Also on November 8, 2021, First Finance Europe Limited acquired 969,438 shares of common stock of the Issuer from its wholly-owned subsidiary First Finance Limited. First Finance Limited previously owned 1,000,000 shares of common stock of the Issuer, which was reduced to 969,438, resulting from open market sales of the Issuer’s common stock during the second quarter of 2021.

 

Item 4. Purpose of Transaction.

 

The Reporting Persons acquired the securities of the Issuer in connection with the Issuer’s acquisition of VoltH2 Holdings AG, pursuant to a stock purchase agreement by and among Vision and First Finance Europe Limited, Volt Energy B.V. and Charlwood Projects Ltd (the “Acquisition”).

 

Other than as described above, the Reporting Persons currently have no plans or proposals that relate to or would result in any of the transactions involving the Issuer described in subparagraphs (a) through (j) of Item 4 of Schedule 13D (although the Reporting Persons may from time to time consider pursuing or proposing any such transactions and, in that connection, may discuss, evaluate and/or pursue any such transactions with their respective advisors, the Issuer or other persons).

 

Item 5. Interest in Securities of the Issuer.

 

Mr. Hromyk beneficially owns 7,560,347 shares of the Issuer’s common stock, resulting from Mr. Hromyk’s pecuniary interest in First Finance Europe Limited. Based upon an aggregate of 21,311,958 shares of common stock issued and outstanding as of November 8, 2021, as set forth in the Issuer’s report on Form 8-K as filed with the Securities and Exchange Commission on November 8, 2021, the shares of the Issuer’s common stock beneficially owned by Mr. Hromyk constitute approximately 35.5% of the common stock of the Issuer as calculated in accordance with Rule 13d-3(d)(1).

 

First Finance Europe Limited beneficially owns 7,560,347 shares of the Issuer’s common stock. Based upon an aggregate of 21,311,958 shares of common stock issued and outstanding as of November 8, 2021, as set forth in the Issuer’s report on Form 8-K as filed with the Securities and Exchange Commission on November 8, 2021, the shares of the Issuer’s common stock beneficially owned by First Finance Europe Limited constitute approximately 35.5% of the common stock of the Issuer as calculated in accordance with Rule 13d-3(d)(1).

 

Except as set forth in Item 3 above, the Reporting Persons have not effected any other transactions in any securities of the Issuer in the past 60 days.

 

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

 

Other than as described herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to the Shares.

 

Item 7. Material to be Filed as Exhibits.

 

Joint Filing Agreement, dated as of November 19, 2021, by and between Andrew Hromyk, First Finance Europe Limited and First Finance Limited.

 

   
CUSIP No. 92837Y 10113D Page 5 of 6 Pages

 

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.

 

November 19, 2021    
     
  /s/ Andrew Hromyk
  Andrew Hromyk
     
  First Finance Europe Limited
     
  /s/ Andrew Hromyk
  Name:  Andrew Hromyk
  Title: Principal
     
  First Finance Limited
     
  /s/ Andrew Hromyk
  Name: Andrew Hromyk
  Title: President

 

   
CUSIP No. 92837Y 10113D Page 6 of 6 Pages

 

JOINT FILING AGREEMENT

 

This Joint Filing Agreement, dated November 12, 2021, is entered into by and between First Finance Europe Limited., a UK company, First Finance Limited, a British Columbia corporation, and Andrew Hromyk, an individual (collectively referred to herein as (the “Filers”). Each of the Filers may be required to file with the U.S. Securities and Exchange Commission a statement on Schedule 13D with respect to shares of common stock, $0.0001 par value per share, of Vision Hydrogen Corporation beneficially owned by them from time to time. Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule. This Joint Filing Agreement may be terminated by any of the Filers upon one week’s prior written notice or such lesser period of notice as the Filers may mutually agree.

 

November 19, 2021    
     
  First Finance Europe Limited
     
  /s/ Andrew Hromyk
  Name:  Andrew Hromyk
  Title: Principal
     
  First Finance Limited
     
  /s/ Andrew Hromyk
  Name: Andrew Hromyk
  Title: President
     
  /s/ Andrew Hromyk
  Andrew Hromyk