UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO §240.13d-2
Lone
Oak Acquisition Corporation
(Name of Issuer)
Ordinary
Shares, $0.001 par value
(Title of Class of Securities)
G5693V
105
(CUSIP Number)
December
31, 2011
(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)
[X] Rule 13d-1 (d)
* 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 the disclosures provided in a prior cover page.
The information required in 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).
(Continued on following page(s))
Page 1 of 5 Pages
Cusip No. G5693V 105 | 13G | Page 2 of 6 Pages |
1. | NAME OF REPORTING PERSON | ||||
Hauser Holdings LLC | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) | ||||
(a) x | |||||
(b) £ | |||||
3. | SEC USE ONLY | ||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON | 5. | SOLE VOTING POWER | |||
-0- | |||||
6. | SHARED VOTING POWER | ||||
422,925(1) | |||||
7. | SOLE DISPOSITIVE POWER | ||||
-0- | |||||
8. | SHARED DISPOSITIVE POWER | ||||
422,925(1) | |||||
9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
422,925(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | £ | |||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
9.5% | |||||
12. | TYPE OF REPORTING PERSON (See Instructions) | ||||
PN |
(1) Does not include 2,932,500 shares issuable upon exercise of 2,932,500 ordinary share purchase warrants owned by the reporting person. Each warrant is exercisable for one ordinary share of the Issuer at an exercise price of $5.00 per share commencing on the later of (i) March 24, 2012 and (ii) the consummation of a business combination of the Issuer and will expire on the earlier of (i) three years from the date on which a business combination is completed, (ii) the Issuer's liquidation if it has not completed a business combination within the required time periods and (iii) their redemption.
Cusip No. G5693V 105 | 13G | Page 3 of 6 Pages |
1. | NAME OF REPORTING PERSON | ||||
Mary Jane Hauser | |||||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) | ||||
(a) x | |||||
(b) £ | |||||
3. | SEC USE ONLY | ||||
4. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON | 5. | SOLE VOTING POWER | |||
-0- | |||||
6. | SHARED VOTING POWER | ||||
422,925(1) | |||||
7. | SOLE DISPOSITIVE POWER | ||||
-0- | |||||
8. | SHARED DISPOSITIVE POWER | ||||
422,925(1) | |||||
9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
422,925(1) | |||||
10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | £ | |||
11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
9.5% | |||||
12. | TYPE OF REPORTING PERSON (See Instructions) | ||||
IN |
(1) Does not include 2,932,500 shares issuable upon exercise of 2,932,500 ordinary share purchase warrants owned by the reporting person. Each warrant is exercisable for one ordinary share of the Issuer at an exercise price of $5.00 per share commencing on the later of (i) March 24, 2012 and (ii) the consummation of a business combination of the Issuer and will expire on the earlier of (i) three years from the date on which a business combination is completed, (ii) the Issuer's liquidation if it has not completed a business combination within the required time periods and (iii) their redemption.
Cusip No. G5693V 105 | 13G | Page 4 of 6 Pages |
Item 1. | |||
(a) | Name of Issuer: | ||
Lone Oak Acquisition Corporation | |||
(b) | Address of Issuer's Principal Executive Offices: | ||
Room 1708 Dominion Centre | |||
43-59 Queen’s Road East | |||
Wanchai, Hong Kong | |||
Item 2. | |||
(a) | Name of Person Filing: | Hauser Holdings LLC | |
Mary Jane Hauser | |||
(b) | Address of Principal Business Office or if none, Residence: | ||
Hauser Holdings LLC and Mary Jane Hauser | |||
50 South Sixth Street | |||
Minneapolis, Minnesota 55402 | |||
(c) | Citizenship: | Hauser Holdings LLC—Delaware | |
Mary Jane Hauser—United States of America | |||
(d) | Title of Class of Securities: Ordinary Shares, $0.001 par value | ||
(e) | CUSIP Number: G5693V105 | ||
Item 3. | Not Applicable | ||
Item 4. | Ownership. | ||
(a) | Amount Beneficially Owned: | ||
Hauser Holdings LLC—422,925. Does not include 2,932,500 shares issuable upon exercise of 2,932,500 ordinary share purchase warrants owned by BBS Capital Fund, LP. Each warrant is exercisable for one ordinary share of the Issuer at an exercise price of $5.00 per share commencing on the later of (i) March 24, 2012 and (ii) the consummation of a business combination of the Issuer and will expire on the earlier of (i) three years from the date on which a business combination is completed, (ii) the Issuer's liquidation if it has not completed a business combination within the required time periods and (iii) their redemption.
Mary Jane Hauser—422,925. Does not include 2,932,500 shares issuable upon exercise of 2,932,500 ordinary share purchase warrants owned BBS Capital Fund, LP. Each warrant is exercisable for one ordinary share of the Issuer at an exercise price of $5.00 per share commencing on the later of (i) March 24, 2012 and (ii) the consummation of a business combination of the Issuer and will expire on the earlier of (i) three years from the date on which a business combination is completed, (ii) the Issuer's liquidation if it has not completed a business combination within the required time periods and (iii) their redemption.
Cusip No. G5693V 105 | 13G | Page 5 of 6 Pages |
Mary Jane Hauser is the sole shareholder of Hauser Holdings LLC.
(b) Percent of Class:
Hauser Holdings LLC—9.5%. The percentage is calculated based on 4,468,125 ordinary shares outstanding as of February 8, 2012. |
Mary Jane Hauser—9.5%. The percentage is calculated based on 4,468,125 ordinary shares outstanding as of February 8, 2012. |
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
Hauser Holdings LLC—0
Mary Jane Hauser—0
(ii) shared power to vote or to direct the vote:
Hauser Holdings LLC—422,925
Mary Jane Hauser—422,925
(iii) sole power to dispose or to direct the disposition of:
Hauser Holdings LLC--0
Mary Jane Hauser—0
(iv) shared power to dispose or to direct the disposition of:
Hauser Holdings LLC—422,925
Mary Jane Hauser-422,925
Item 5. Ownership of Five Percent or Less of a Class: Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not Applicable
Item 7. Identification and Classification of Subsidiary Which Acquired the Securities: 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: Not Applicable
Cusip No. G5693V 105 | 13G | Page 6 of 6 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.
February 14, 2012
HAUSER HOLDINGS LLC | ||
By: | /s/ Mary Jane Hauser | |
Name: Mary Jane Hauser Title: Manager |
/s/ Mary Jane Hauser | ||
Mary Jane Hauser |
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Ordinary Shares, $0.001 par value, of Lone Oak Acquisition Corporation, a Cayman Islands exempted company, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.
The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 14, 2012.
HAUSER HOLDINGS LLC | ||
By: | /s/ Mary Jane Hauser | |
Name: Mary Jane Hauser Title: Manager |
/s/ Mary Jane Hauser | ||
Mary Jane Hauser |