0002025175-24-000001.txt : 20240610 0002025175-24-000001.hdr.sgml : 20240610 20240610150224 ACCESSION NUMBER: 0002025175-24-000001 CONFORMED SUBMISSION TYPE: SCHEDULE 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240610 DATE AS OF CHANGE: 20240610 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AYRO, Inc. CENTRAL INDEX KEY: 0001086745 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] ORGANIZATION NAME: 06 Technology IRS NUMBER: 980204758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-58515 FILM NUMBER: 241032413 BUSINESS ADDRESS: STREET 1: 900 E. OLD SETTLERS BOULEVARD, SUITE 100 CITY: ROUND ROCK STATE: TX ZIP: 78664 BUSINESS PHONE: 512-994-4917 MAIL ADDRESS: STREET 1: 900 E. OLD SETTLERS BOULEVARD, SUITE 100 CITY: ROUND ROCK STATE: TX ZIP: 78664 FORMER COMPANY: FORMER CONFORMED NAME: DropCar, Inc. DATE OF NAME CHANGE: 20180201 FORMER COMPANY: FORMER CONFORMED NAME: WPCS INTERNATIONAL INC DATE OF NAME CHANGE: 20020612 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX STAR VENTURES INC DATE OF NAME CHANGE: 20010424 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Rea Natale CENTRAL INDEX KEY: 0002025175 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SCHEDULE 13D MAIL ADDRESS: STREET 1: 2000 16TH SIDEROAD CITY: KING CITY STATE: A6 ZIP: L7B 1A3 SCHEDULE 13D 1 primary_doc.xml SCHEDULE 13D 0002025175 XXXXXXXX LIVE Common Stock, par value $0.0001 per share 06/03/2024 false 0001086745 054748207 AYRO, Inc.
900 E. OLD SETTLERS BOULEVARD, SUITE 100 ROUND ROCK TX 78664
Rick Guerisoli (435) 674-0400 192 East 200 North, Third Floor St. George UT 84770
0002025175 N Rea Natale PF N A6 440000.00 0.00 440000.00 0.00 440000.00 N 8.3 IN Based on 5,300,220 shares of common stock outstanding as of May 14, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2024. Common Stock, par value $0.0001 per share AYRO, Inc. 900 E. OLD SETTLERS BOULEVARD, SUITE 100 ROUND ROCK TX 78664 Natale Rea 2000 16th Sideroad, King City, Ontario, L7B 1A3 Canada Mr. Rea is self-employed. His principal business address is 2000 16th Sideroad, King City, Ontario, L7B 1A3 Canada. During the last five years, Mr. Rea has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, Mr. Rea has not 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. Mr. Rea is a Canadian citizen Mr. Rea acquired the Issuer's shares in open market transactions using personal funds. Mr. Rea has acquired the Issuer's shares for investment purposes. In pursuing such investment purposes, Mr. Rea purchased the shares based on his belief that the shares represented an attractive investment opportunity, and Mr. Rea may further purchase, hold, vote, trade, sell or otherwise deal in the shares at the time, and in such manner, as he deems advisable to benefit from, among many other things, changes in market prices of the shares, the market prices of such shares relative to the value of the Issuer's assets, changes in Mr. Rea's investment strategy, and changes in the Issuer's business strategy. Mr. Rea intends to review his investment in the Issuer's shares on a continuing basis and may also propose or take one or more of the actions described in subsection (a) through (j) of Item 4 of Schedule 13D, including engaging in discussions with management, the Board of Directors, and shareholders concerning, among other things, the acquisition of additional shares of the Issuer or the disposition of the shares of the Issuer, extraordinary corporate transactions, such as a merger, reorganization or sale of the Issuer's assets, a change in the board of directors or management of the Issuer, a material change in the capitalization policy of the Issuer, and other material changes in the Issuer's business or corporate structure. As of the date hereof, Mr. Rea is the beneficial owner of 440,000 Issuer shares, which represent 8.3% of the Issuer's outstanding shares. The aggregate percentage of shares reported by Mr. Rea herein is based on 5,300,220 shares outstanding as of May 14, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2024. Mr. Rea has the sole power to vote and dispose of 440,000 Issuer shares. Transactions in the Issuer's shares by Mr. Rea during the past sixty days are as set forth in Exhibit A attached hereto. Not applicable Not applicable Not applicable Rea Natale Natale Rea Natale Rea 06/10/2024