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