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"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 2)*
Scott's Liquid Gold-Inc.
(Name of Issuer)
Common Stock, par value $0.10 per share
(Title of Class of Securities)
810202101
(CUSIP Number)
Aaron Granovitz
2460 Park Ave
Hermosa Beach, CA 90254
(310) 721-1806
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
July 18, 2023
(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 that 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(b) 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).
SCHEDULE 13D
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Aaron Granovitz
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14
TYPE OF REPORTING PERSON (See Instructions)
IN
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Entertainment Enterprises Defined Benefit Plan
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D)
OR 2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
California, USA
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 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14
TYPE OF REPORTING PERSON (See Instructions)
EP
CUSIP No.
810202101
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
AMG 401K Trust
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [x]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D)
OR 2(E)
[ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
California, USA
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 BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
14
TYPE OF REPORTING PERSON (See Instructions)
EP
Item 1. Security and Issuer
The class of securities to which this statement relates is the common stock,
par value $0.10 per share (the "Common Stock") of Scott's Liquid Gold - Inc.,
a Colorado corporation (the "Company"). The principal executive offices of
the Company are located at 8400 E. Crescent Parkway, Suite 450, Greenwood
Village, CO 80111.
Item 2. Identity and Background
(a) This statement is being filed by (i) Aaron Granovitz ("Mr. Granovitz");
(ii) Entertainment Enterprises Defined Benefit Plan ("EEDBP"); and (iii)
AMG 401K Trust ("AMG") (collectively hereinafter referred to as the
"Reporting Persons"). Mr. Granovitz is the sole trustee and beneficiary
of EEDBP and AMG.
(b) The residence of the Reporting Persons is 2460 Park Avenue, Hermosa
Beach, CA 90254.
(c) Mr. Granovitz is a contractor for an E-commerce company called Floral
Access with principal address 14507 Hawthorne Blvd, Lawndale, CA 90260.
(d) During the last five years, none of the Reporting Persons have been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, none of the Reporting Persons have 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 judgement, 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.
(f) Mr. Granovitz is a citizen of the United States of America.
Item 3. Source and Amount of Funds or Other Considerations
The aggregate purchase price of the 0 shares of Common Stock beneficially
owned by the Reporting Persons is approximately $0, inclusive of brokerage
commissions, which was funded by Mr. Granovitz's private funds. No part of
the purchase price represents borrowed funds.
Item 4. Purpose of Transaction
Item 4 is hereby Amended to add the following:
On July 18, 2023, the Reporting Persons entered into a Common Stock Transfer
Agreement (the "Agreement") with Maran Partners LP and Daniel Roller (the
"Purchasers"), pursuant to which the Reporting Persons agreed to sell the
794,067 shares of Common Stock collectively beneficially owned by the
Reporting Persons to the Purchasers, subject to the terms and conditions of
the Agreement. The Agreement closed on July 18, 2023, and the sale of the
shares of Common Stock reported herein was undertaken pursuant to the
Agreement. The Reporting Persons sold their 794,067 shares of Common Stock
to the Purchasers for $0.33 per share for a total consideration of
$262,042.11.
Item 5. Interest in Securities of the Issuer
(a) As of the date of this report, the Reporting Persons beneficially own
0 shares (the "Shares") of the Common Stock of the Company, representing
approximately 0.0% of the Company's issued and outstanding shares.
(Calculated based on information included in the Form 10-Q for the period
ended March 31, 2023, filed with the SEC on May 8. 2023, which reported
12,797,423 shares of common stock outstanding as of May 7, 2023).
(b) Mr. Granovitz is the sole trustee and beneficiary of EEDBP and AMG.
Accordingly, EEDBP, AMG and Mr. Granovitz may be deemed to hold shared
voting power and dispositive power with respect to the Shares held.
(c) Except as set forth on Schedule 1 hereto, no transactions in the
Common Stock were effected during the past sixty days, by the Reporting
Persons, or, to the best of the knowledge of the Reporting Persons, by
any of the other persons named in response to Item 2, if any.
(d) To the best knowledge of the Reporting Persons, no other person is
known to have the right to receive or the power to direct the receipt of
dividends from, or the procedes from the sale of, the Shares.
(e) Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
None of the Reporting Persons nor, to the best of their knowledge, any of
the other persons named in response to Item 2, if any, has any contract,
arrangement, understanding or relationship (legal or otherwise) with any
person with respect to any securities of the Company.
Item 7. Material to Be Filed as Exhibits
Not Applicable.
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.
Dated: July 24, 2023
Aaron Granovitz
/s/ Aaron Granovitz
Signature
Aaron Granovitz
Name
Entertainment Enterprises Defined Benefit
/s/ Aaron Granovitz
Signature
Trustee
Title
AMG 401K Trust
/s/ Aaron Granovitz
Signature
Trustee
Title
SCHEDULE 1
Shares Acquired or Sold by the Reporting Persons in the Last 60 Days
or Since Their Recent Schedule 13D Filing:
1. Aaron Granovitz
Date
7/18/2023
Nature of Transaction
(Sale/Purchase)
Sale
Number of Shares
704,067
Price Per Share
$0.33
2. Entertainment Enterprises Defined Benefit Plan
Date
7/18/2023
Nature of Transaction
(Sale/Purchase)
Sale
Number of Shares
55,000
Price Per Share
$0.33
3. AMG 401K Trust
Date
7/18/2023
Nature of Transaction
(Sale/Purchase)
Sale
Number of Shares
35,000
Price Per Share
$0.33
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