0001104659-22-004880.txt : 20220118 0001104659-22-004880.hdr.sgml : 20220118 20220118155454 ACCESSION NUMBER: 0001104659-22-004880 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220107 FILED AS OF DATE: 20220118 DATE AS OF CHANGE: 20220118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VDA GROUP S.p.A. CENTRAL INDEX KEY: 0001877771 STATE OF INCORPORATION: L6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31972 FILM NUMBER: 22535128 BUSINESS ADDRESS: STREET 1: VIALE L. ZANUSSI, 3 CITY: PORDENONE STATE: L6 ZIP: 33170 BUSINESS PHONE: 39 0434 516111 MAIL ADDRESS: STREET 1: VIALE L. ZANUSSI, 3 CITY: PORDENONE STATE: L6 ZIP: 33170 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: De Paulis Flavio CENTRAL INDEX KEY: 0001877767 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31972 FILM NUMBER: 22535125 MAIL ADDRESS: STREET 1: 8 RUE DE BEGGEN CITY: LUXEMBOURG STATE: N4 ZIP: L-1220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: METI Holding Sarl CENTRAL INDEX KEY: 0001878467 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31972 FILM NUMBER: 22535126 BUSINESS ADDRESS: STREET 1: 8 RUE DE BEGGEN CITY: LUXEMBOURG STATE: N4 ZIP: L 1220 BUSINESS PHONE: 352 2702041 MAIL ADDRESS: STREET 1: 8 RUE DE BEGGEN CITY: LUXEMBOURG STATE: N4 ZIP: L 1220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VDA Holding S.A. CENTRAL INDEX KEY: 0001877803 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31972 FILM NUMBER: 22535127 BUSINESS ADDRESS: STREET 1: 8 RUE DE BEGGEN CITY: LUXEMBOURG STATE: N4 ZIP: L-1220 BUSINESS PHONE: 352 2702041334 MAIL ADDRESS: STREET 1: 8 RUE DE BEGGEN CITY: LUXEMBOURG STATE: N4 ZIP: L-1220 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TELKONET INC CENTRAL INDEX KEY: 0001094084 STANDARD INDUSTRIAL CLASSIFICATION: AUTO CONTROLS FOR REGULATING RESIDENTIAL & COMML ENVIRONMENT [3822] IRS NUMBER: 870627421 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 20800 SWENSON DRIVE STREET 2: SUITE 175 CITY: WAUKESHA STATE: WI ZIP: 53186 BUSINESS PHONE: 414-302-2299 MAIL ADDRESS: STREET 1: 20800 SWENSON DRIVE STREET 2: SUITE 175 CITY: WAUKESHA STATE: WI ZIP: 53186 FORMER COMPANY: FORMER CONFORMED NAME: COMSTOCK COAL CO INC DATE OF NAME CHANGE: 19990830 3 1 tm222696-2_3seq1.xml OWNERSHIP DOCUMENT X0206 3 2022-01-07 0 0001094084 TELKONET INC TKOI 0001877771 VDA GROUP S.p.A. VIALE L. ZANUSSI, 3 PORDENONE L6 33170 ITALY 0 0 1 0 0001877803 VDA Holding S.A. 26, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449 LUXEMBOURG 0 0 1 0 0001878467 METI Holding Sarl 26, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449 LUXEMBOURG 0 0 1 0 0001877767 De Paulis Flavio 26, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449 LUXEMBOURG 1 0 1 0 Common Stock 162900947 D Warrant (right to buy) .001 2027-01-07 Common Stock 105380666 D These securities are owned solely by VDA Group S.p.A. ("VDA Group"), which is filing a joint Form 3 on behalf of itself, VDA Holding, S.A. ("VDA Holding"), Meti Holding Sarl ("Meti Holding"), and Flavio De Paulis ("F. De Paulis", and together with VDA Group, VDA Holding and Meti Holding, the "Reporting Persons") relating to shares of common stock, par value $0.001, (the "Shares"), of Telkonet, Inc., a Utah corporation (the "Issuer"). On August 6, 2021, the Issuer and VDA Group entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") and the Closing of the Stock Purchase Agreement occurred on January 7, 2022 (the "Closing"). Pursuant to the terms and conditions of the Stock Purchase Agreement, VDA Group acquired, in consideration of a capital contribution to the Issuer of $5,000,000, (A) 162,900,947 Shares of the Issuer (the "Telkonet Shares"), and (B) a warrant ("Warrant") to purchase 105,380,666 additional Shares. VDA Group directly owns the Telkonet Shares and the Warrant. VDA Holding may be deemed to beneficially own the Telkonet Shares and the Warrant indirectly by virtue of it being the sole shareholder of VDA Group. Meti Holding may be deemed to beneficially own the Telkonet Shares and the Warrant indirectly by virtue of it being the 82.7% shareholder of VDA Holding. F. De Paulis may be deemed to beneficially own the Telkonet Shares and the Warrant indirectly by virtue of him being the sole shareholder of Meti Holding. Under the terms of the Warrant, VDA Group, is entitled to purchase 105,380,666 Shares of the Issuer at an exercise price of $.001 per share, at any time beginning on the date the Issuer achieves a volume weighted average price of the aggregate outstanding Shares of at least $17,000,000, measured for a period of time consisting of sixty (60) consecutive trading days and ending five years after the date of issuance of the Warrant; provided, however, that the Warrant may not be exercised for the first 12 months from January 7, 2022. VDA Group S.p.A. /s/ Piercarlo Gramaglia, Title: Chief Executive Officer 2022-01-18 VDA Holding S.A. /s/ Giorgio Bianchi /s/ Tiffany Halsdorf, Title: Directors 2022-01-18 Meti Holding Sarl /s/ Giorgio Bianchi & /s/ Flavio De Paulis 2022-01-18 /s/ Flavio De Paulis 2022-01-18