0001853876-21-000001.txt : 20210330 0001853876-21-000001.hdr.sgml : 20210330 20210330124747 ACCESSION NUMBER: 0001853876-21-000001 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210330 DATE AS OF CHANGE: 20210330 GROUP MEMBERS: ACMGMT LLC GROUP MEMBERS: ALI AHMED GROUP MEMBERS: ATLANTIC COAST WARRANTY CORP GROUP MEMBERS: FAISAL AHMED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Cars.com Inc. CENTRAL INDEX KEY: 0001683606 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 813693660 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90037 FILM NUMBER: 21785140 BUSINESS ADDRESS: STREET 1: 300 S. RIVERSIDE PLAZA STREET 2: SUITE 1000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-601-5000 MAIL ADDRESS: STREET 1: 300 S. RIVERSIDE PLAZA STREET 2: SUITE 1000 CITY: CHICAGO STATE: IL ZIP: 60606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ACMGMT, LLC CENTRAL INDEX KEY: 0001853876 IRS NUMBER: 812986337 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 5875 NW 163RD ST STREET 2: SUITE 104 CITY: MIAMI LAKES STATE: FL ZIP: 33014 BUSINESS PHONE: 3057799160 MAIL ADDRESS: STREET 1: 5875 NW 163RD ST STREET 2: SUITE 104 CITY: MIAMI LAKES STATE: FL ZIP: 33014 SC 13G 1 schedule13g.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: ___)* Name of issuer: Cars.com Inc. Title of Class of Securities: Common Stock CUSIP Number: 14575E105 Date of Event Which Requires Filing of this Statement: March 20, 2021 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) X Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s)) 13G CUSIP No.: 14575E105 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ACMGMT LLC 81-2986337 2. CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A. X B. 3. SEC USE ONLY 4. CITIZENSHIP OF PLACE OF ORGANIZATION Florida (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5. SOLE VOTING POWER: 2,500,400 6. SHARED VOTING POWER: 3,500,400 7. SOLE DISPOSITIVE POWER: 2,500,400 8. SHARED DISPOSITIVE POWER: 3,500,400 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 3,500,400 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.2% 12. TYPE OF REPORTING PERSON: OO 13G CUSIP No.: 14575E105 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ATLANTIC COAST WARRANTY CORP 83-0073351 2. CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A. X B. 3. SEC USE ONLY 4. CITIZENSHIP OF PLACE OF ORGANIZATION Florida (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5. SOLE VOTING POWER: 1,000,000 6. SHARED VOTING POWER: 3,500,400 7. SOLE DISPOSITIVE POWER: 1,000,000 8. SHARED DISPOSITIVE POWER: 3,500,400 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 3,500,400 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.2% 12. TYPE OF REPORTING PERSON: CO 13G CUSIP No.: 14575E105 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ali Ahmed 2. CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A. X B. 3. SEC USE ONLY 4. CITIZENSHIP OF PLACE OF ORGANIZATION Florida (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5. SOLE VOTING POWER: 3,500,400 6. SHARED VOTING POWER: 3,500,400 7. SOLE DISPOSITIVE POWER: 3,500,400 8. SHARED DISPOSITIVE POWER: 3,500,400 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 3,500,400 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.2% 12. TYPE OF REPORTING PERSON: IN 13G CUSIP No.: 14575E105 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Faisal Ahmed 2. CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A. X B. 3. SEC USE ONLY 4. CITIZENSHIP OF PLACE OF ORGANIZATION Florida (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5. SOLE VOTING POWER: 3,500,400 6. SHARED VOTING POWER: 3,500,400 7. SOLE DISPOSITIVE POWER: 3,500,400 8. SHARED DISPOSITIVE POWER: 3,500,400 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 3,500,400 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 5.2% 12. TYPE OF REPORTING PERSON: IN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Cars.com Inc. Item 1(b) - Address of Issuer's Principal Executive Offices: 300 S. Riverside Plaza Suite 1000 Chicago, Illinois 60606 Item 2(a) - Name of Person Filing: ACMGMT LLC 81-2986337 ATLANTIC COAST WARRANTY CORP 83-0073351 ALI AHMED FAISAL AHMED Appendix A contains a written agreement between the above listed persons pursuant to 240.13d-1(k)(iii). Item 2(b) Address of Principal Business Office or, if none, residence: 5875 NW 163rd Street Suite 105 Miami Lakes, FL 33014 (Same for all persons filing) Item 2(c) Citizenship: Florida (Same for all persons filing) Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number 14575E105 Item 3 If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not applicable Item 4 Ownership: For ACMGMT LLC 81-2986337: (a) Amount Beneficially Owned: 3,500,400 (b) Percent of Class: 5.2% (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: 2,500,400 (ii) shared power to vote or direct to vote: 3,500,400 (iii) sole power to dispose of or to direct the disposition of: 2,500,400 (iv) shared power to dispose or to direct the disposition of: 3,500,400 For ATLANTIC COAST WARRANTY CORP 83-0073351: (a) Amount Beneficially Owned: 3,500,400 (b) Percent of Class: 5.2% (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: 1,000,000 (ii) shared power to vote or direct to vote: 3,500,400 (iii) sole power to dispose of or to direct the disposition of: 1,000,000 (iv) shared power to dispose or to direct the disposition of: 3,500,400 For ALI AHMED: (a) Amount Beneficially Owned: 3,500,400 (b) Percent of Class: 5.2% (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: 3,500,400 (ii) shared power to vote or direct to vote: 3,500,400 (iii) sole power to dispose of or to direct the disposition of: 3,500,400 (iv) shared power to dispose or to direct the disposition of: 3,500,400 For FAISAL AHMED: (a) Amount Beneficially Owned: 3,500,400 (b) Percent of Class: 5.2% (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: 3,500,400 (ii) shared power to vote or direct to vote: 3,500,400 (iii) sole power to dispose of or to direct the disposition of: 3,500,400 (iv) shared power to dispose or to direct the disposition of: 3,500,400 Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ___ Item 6 Ownership of More Than Five Percent on Behalf of Another Person: Not applicable Item 7 Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable Item 8 Identification and Classification of Members of Group: This schedule is filed pursuant to 240.13-d-1(c). See Appendix B. Item 9 Notice of Dissolution of Group: Not applicable Item 10 Certification: SIGNATURE PAGE By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / Manager for ACMGMT LLC Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / VP of Atlantic Coast Warranty Corp Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / Individual Date: 3/30/2021 Signature: /s/ Faisal Ahmed Name / Title: Faisal Ahmed / Individual Appendix A ACMGMT LLC holds 2,500,400 shares of common stock and Atlantic Coast Warranty Corp holds 1,000,000 shares of common stock. These two entities are managed as a group by the individuals Ali Ahmed and Faisal Ahmed. Ali Ahmed and Faisal Ahmed have authority to vote, direct the vote, dispose of, and direct the disposition of the entirety of these shares. Appendix B We hereby agree, that this single joint filing statement may be filed on behalf of each person signing below, and that this single joint filing statement properly identifies each person and contains the required information with regard to each person. Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / Manager for ACMGMT LLC Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / VP of Atlantic Coast Warranty Corp Date: 3/30/2021 Signature: /s/ Ali Ahmed Name / Title: Ali Ahmed / Individual Date: 3/30/2021 Signature: /s/ Faisal Ahmed Name / Title: Faisal Ahmed / Individual