0001477932-19-000417.txt : 20190211 0001477932-19-000417.hdr.sgml : 20190211 20190211170111 ACCESSION NUMBER: 0001477932-19-000417 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190211 DATE AS OF CHANGE: 20190211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Amerinac Holding Corp. CENTRAL INDEX KEY: 0000936446 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-HARDWARE [5072] IRS NUMBER: 204763096 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81265 FILM NUMBER: 19586303 BUSINESS ADDRESS: STREET 1: 5936 STATE ROUTE 159 CITY: CHILLICOTHE STATE: OH ZIP: 45601 BUSINESS PHONE: 614-836-1050 MAIL ADDRESS: STREET 1: 5936 STATE ROUTE 159 CITY: CHILLICOTHE STATE: OH ZIP: 45601 FORMER COMPANY: FORMER CONFORMED NAME: Precision Aerospace Components, Inc. DATE OF NAME CHANGE: 20060727 FORMER COMPANY: FORMER CONFORMED NAME: JORDAN 1 HOLDINGS CO DATE OF NAME CHANGE: 20060503 FORMER COMPANY: FORMER CONFORMED NAME: GASEL TRANSPORTATION LINES INC DATE OF NAME CHANGE: 20000327 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Precision Group Holdings LLC CENTRAL INDEX KEY: 0001631808 IRS NUMBER: 472140271 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 20 NASSAU STREET STREET 2: SUITE 12 CITY: PRINCETON STATE: NJ ZIP: 08542 BUSINESS PHONE: 609-945-1690 MAIL ADDRESS: STREET 1: 20 NASSAU STREET STREET 2: SUITE 12 CITY: PRINCETON STATE: NJ ZIP: 08542 SC 13D/A 1 paos_sc13da.htm SC 13D/A paos_sc13da.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13D

 Under the Securities Act of 1934

(Amendment No.1)

 

Amerinac Holding Corp.

(Name of Issuer)

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

 

03077Y107

(CUSIP Number)

 

William J. Golden

Precision Group Holdings LLC

20 Nassau Street, Suite 12

Princeton, NJ 08542

(609) 945-1690

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

May 8, 2018

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d‑1(e), 13d‑1(f) or 13d‑1(g), check the following box: ¨.

 

* 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 disclosures provided in a prior cover page.

 

The information required on 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 (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

 

 
 
 
 

 

CUSIP No. 03077Y017

 

 

1

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)

 

Precision Group Holdings LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) ¨

(b) ¨

3

 

SEC USE ONLY

 

 

4

SOURCE OF FUNDS*

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

 

Not Applicable

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New Jersey

      

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

0

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

0

   

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

 

 Not Applicable

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0%

14

TYPE OF REPORTING PERSON*

 

PN

   
 
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CUSIP No. 03077Y107

 

SCHEDULE 13D

 

Item 1. Security and Issuer

 

This Amendment No. 1 to Schedule 13D (“Amendment No. 1”) amends and supplements that Statement on Schedule 13D filed with the United States Securities and Exchange Commission on January 26, 2015 (the “Schedule 13D”) by Precision Group Holdings LLC (the “Reporting Person”) relating to the common stock, par value $0.001 per share (the “Common Stock”), of Amerinac Holding Corp., a Delaware corporation (the “Company” or “Amerinac”). The Company’s principal executive offices are located at 5936 State Route 159, Chillicothe, Ohio, 45601.

 

Item 4. Purpose of Transaction

 

Item 4 of the Schedule 13D is amended and supplemented by inserting the following information:

 

Effective May 8, 2018, the Reporting Person made a pro-rata, in kind distribution of 196,743 shares of Common Stock of the Company to its members for no consideration.

 

Item 5. Interest in Securities of the Issuer

 

(a) and (b)

 

This Amendment No.1 is being filed on behalf of the Reporting Person to report that as of May 8, 2018, the Reporting Person does not beneficially own any shares of Common Stock of the Company.

 

(c) Except as described in this Schedule 13D, neither the Reporting Person, nor any Related Persons has effected any transaction in the Common Stock during the last 60 days.

 

(d) None.

 

(e) As of May 8, 2018, the Reporting Person ceased to be the beneficial owner of more than five percent of the Common Stock of the Company.

 

 
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SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

 

Precision Group Holdings LLC,

 

a New Jersey limited liability company

 

 

 

 

 

Date: February 11, 2019 By: /s/ William J. Golden

 

 

Precision Group Holdings LLC  
    Managing Member  

 

 

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