0001019056-19-000078.txt : 20190208 0001019056-19-000078.hdr.sgml : 20190208 20190208125717 ACCESSION NUMBER: 0001019056-19-000078 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180810 FILED AS OF DATE: 20190208 DATE AS OF CHANGE: 20190208 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: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578956 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 Partners LLC CENTRAL INDEX KEY: 0001764864 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578957 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 Fund, LP CENTRAL INDEX KEY: 0001688278 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578958 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 Co-Invest Fund, LLC CENTRAL INDEX KEY: 0001760813 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578959 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 Co-Invest Partners LLC CENTRAL INDEX KEY: 0001766928 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578960 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: Kaden John CENTRAL INDEX KEY: 0001764971 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578961 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: Stiefel Sean CENTRAL INDEX KEY: 0001765017 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55546 FILM NUMBER: 19578962 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 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 4 1 ownership.xml FORM 4 X0306 4 2018-08-10 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 0 0001764864 Navy Capital Green Management Partners LLC 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 1 See Remark(1) 0001688278 Navy Capital Green Fund, LP 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 1 See Remark(2) 0001760813 Navy Capital Green Co-Invest Fund, LLC 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 0 0001766928 Navy Capital Green Co-Invest Partners LLC 575 LEXINGTON AVENUE SUITE 4027 NEW YORK NY 10022 0 0 1 1 See Remark(1) 0001764971 Kaden John C/O NAVY CAPITAL GREEN MANAGEMENT LLC 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 2018-08-10 4 P 0 6250000 0.40 A 13750000 I See Remark(1) and Footnote Warrants 0.60 2018-08-10 4 P 0 6250000 0.40 A 2018-08-10 2021-08-10 Common Stock 6250000 13750000 I See Remark(1) and Footnote The amount of 6,250,000 in Table I reflects the amount of common stock purchased by the Co-Investment Fund in the transaction requiring the filing of this statement. The transaction was a private placement acquisition in which the Co-Investment Fund purchased 6,250,000 units comprised of 6,250,000 shares of Common Stock as well as 6,250,000 Warrants with an exercise price of $0.60 per share of Common Stock. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by the Fund and the Co-Investment Fund is reported herein. Footnote(1) continued in Footnote(2). Footnote(2) continued from Footnote(1): Each of the Investment Manager, NCG, NCGP, 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, NCGP, 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 4 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"), Navy Capital Green Co-Invest Fund, LLC (the "Co-Investment Fund"), Navy Capital Green Co-Invest Partners, LLC ("NCGP), John Kaden and Sean Stiefel. John Kaden and Sean Stiefel are the managers of the Investment Manager, NCG, and NCGP. NCG is the general partner of the Fund and NCGP is the manager of the Co-Investment 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 of Navy Capital Green Management, LLC 2019-01-10 /s/ Sean Stiefel, Manager of 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 4: Navy Capital Green Management, LLC

Date of Earliest Transaction Required to be Reported: 08/10/18

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


Names:	Navy Capital Green Management Partners, LLC, Navy Capital Green Fund, LP, Navy Capital Green Co-Invest Fund, LLC, Navy Capital Green Co-Invest Partners, LLC, 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, Navy Capital Green Co-Invest Fund, LLC, Navy Capital Green Co-Invest Partners, LLC, John Kaden and Sean Stiefel are jointly filing the attached Statement of Changes in Beneficial Ownership of Securities on Form 4 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

NAVY CAPITAL GREEN CO-INVEST FUND, LLC

By: Navy Capital Green Management Partners, LLC, its manager.

By: John Kaden, manager

By: /s/ John Kaden

John Kaden

By: Sean Stiefel, manager

By: /s/ Sean Stiefel

Sean Stiefel

NAVY CAPITAL GREEN CO-INVEST PARTNERS, LLC

By: Navy Capital Green Management Partners, LLC, its manager.

By: John Kaden, manager

By: /s/ John Kaden

John Kaden

By: Sean Stiefel, manager

By: /s/ Sean Stiefel

Sean Stiefel

JOHN KADEN

By: /s/ John Kaden

John Kaden

SEAN STIEFEL

By: /s/ Sean Stiefel

Sean Stiefel