0001019056-19-000077.txt : 20190208 0001019056-19-000077.hdr.sgml : 20190208 20190208125613 ACCESSION NUMBER: 0001019056-19-000077 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180806 FILED AS OF DATE: 20190208 DATE AS OF CHANGE: 20190208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stiefel Sean CENTRAL INDEX KEY: 0001765017 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578950 MAIL ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: Steifel Sean DATE OF NAME CHANGE: 20190116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kaden John CENTRAL INDEX KEY: 0001764971 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578951 MAIL ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Navy Capital Green Fund, LP CENTRAL INDEX KEY: 0001688278 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578952 BUSINESS ADDRESS: STREET 1: NAVY CAPITAL GREEN MGMT. PARTNERS, LLC STREET 2: 575 LEXINGTON AVENUE, SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-586-3975 MAIL ADDRESS: STREET 1: NAVY CAPITAL GREEN MGMT. PARTNERS, LLC STREET 2: 575 LEXINGTON AVENUE, SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Navy Capital Green Management Partners LLC CENTRAL INDEX KEY: 0001764864 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578953 BUSINESS ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-916-4874 MAIL ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Navy Capital Green Management LLC CENTRAL INDEX KEY: 0001764863 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578954 BUSINESS ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-916-4874 MAIL ADDRESS: STREET 1: 575 LEXINGTON AVENUE STREET 2: SUITE 4027 CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CLS Holdings USA, Inc. CENTRAL INDEX KEY: 0001522222 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 11767 SOUTH DIXIE HIGHWAY, SUITE 115 CITY: MIAMI STATE: FL ZIP: 33156 BUSINESS PHONE: 888-438-9132 MAIL ADDRESS: STREET 1: 11767 SOUTH DIXIE HIGHWAY, SUITE 115 CITY: MIAMI STATE: FL ZIP: 33156 FORMER COMPANY: FORMER CONFORMED NAME: Adelt Design, Inc. DATE OF NAME CHANGE: 20110601 3 1 ownership.xml X0206 3 2018-08-06 0 0001522222 CLS Holdings USA, Inc. CLSH 0001764863 Navy Capital Green Management LLC 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 1 See Remark(1) 0001764864 Navy Capital Green Management Partners LLC 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 0 0001688278 Navy Capital Green Fund, LP 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 1 See Remark(2) 0001764971 Kaden John 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 0 0001765017 Stiefel Sean 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 0 Common Stock 7500000 I See Remark(1) and Footnote Warrants 0.6 2018-08-06 2021-08-06 Common Stock 7500000 I See Remark(1) and Footnote This amount reflects the amount of securities held by the Fund immediately following the transaction requiring the filing of this statement. The transaction was a private placement purchase in which the Fund purchased 7,500,000 units comprised of 7,500,000 shares of Common Stock as well as 7,500,000 Warrants, with an exercise price of $0.60 per share of Common Stock. In accordance with Instruction 5(b)(iv) of Form 3, the entire amount of the Issuer's securities held by the Fund is reported herein. Each of the Investment Manager, NCG, John Kaden and Sean Stiefel disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that either the Investment Manager, NCG, John Kaden and Sean Stiefel are the beneficial owner of such securities for purposes of Section 16 or for any other purposes. Remark(1): This Form 3 is being filed by Navy Capital Green Management, LLC (the " Investment Manager") on behalf of itself and Navy Capital Green Management Partners, LLC ("NCG"), Navy Capital Green Fund, LP (the "Fund"), John Kaden and Sean Stiefel. John Kaden and Sean Stiefel are the managers of the Investment Manager and NCG. NCG is the general partner of the Fund. Remark(2): With respect to the Fund, due to a clerical error, Navy Capital Green International, Ltd., a British Virgin Island limited company, was incorrectly listed in the private placement documents for the August 2018 transaction. /s/ John Kaden, Manager for Navy Capital Green Management, LLC 2019-01-10 /s/ Sean Stiefel, Manager for Navy Capital Green Management, LLC 2019-01-10 EX-24 2 ex_24.htm EXHIBIT 24

Exhibit 24

Information Regarding Joint Filers

Designated Filer of Form 3: Navy Capital Green Management, LLC

Date of Earliest Transaction Required to be Reported: 08/06/18

Issuer Name and Ticker Symbol: CLS Holdings USA, Inc. (CLSH)


Names:	Navy Capital Green Management Partners, LLC, Navy Capital Green Fund, LP, John Kaden and Sean Stiefel


Address:	Navy Capital Green Management Partners, LLC
	575 Lexington Avenue, Suite 4027
	New York, NY 10022

Signatures:

The undersigned, Navy Capital Green Management Partners, LLC, Navy Capital Green Fund, LP, John Kaden and Sean Stiefel are jointly filing the attached Statement of Beneficial Ownership of Securities on Form 3 with Navy Capital Green Management, LLC with respect to the beneficial ownership of securities of CLS Holdings USA, Inc.

NAVY CAPITAL GREEN MANAGEMENT PARTNERS, LLC

By: John Kaden, manager

By: /s/ John Kaden

John Kaden

By: Sean Stiefel, manager

By: /s/ Sean Stiefel

Sean Stiefel

NAVY CAPITAL GREEN FUND, LP

By: Navy Capital Green Management Partners, LLC, its general partner.

By: John Kaden, manager of general partner

By: /s/ John Kaden

John Kaden

By: Sean Stiefel, manager of general partner

By: /s/ Sean Stiefel

Sean Stiefel

JOHN KADEN

By: /s/ John Kaden

John Kaden

SEAN STIEFEL

By: /s/ Sean Stiefel

Sean Stiefel